BCREA Q2 Outlook
Home sales in B.C. are forecast to drop 21 percent this year in contrast to last year’s numbers. Nevertheless, the average price of homes in BC is expected…
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Q1 CRE Improvements
Land sales and multi-family rentals paced the first quarter of 2020 to a total of $2.15 billion in commercial real estate transactions for the Lower Mainland.
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Poloz Gone, Low Rates Are Not
Stephen Poloz’s made his final decision as governor of the Bank of Canada, paving the way for new governor Tiff Macklem to navigate Canada’s central bank through COVID-19.
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Canadian Loonie Sinking
Canada’s currency will depreciate sharply and its credit rating will suffer as the federal government is forced to “backstop everyone,” rolling out more assistance for…
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B.C Real Estate Slowdown
British Columbia’s real estate market is bracing for a major hit from the COVID-19 pandemic, but experts are split on how serious the downturn will be. The B.C Real Estate Assoc…
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