Frank O'Brien

Strict new mortgage rules kick in July 1

New debt rate policy could cut homebuyer purchasing power by 11 per cent and freeze many first-time buyers out of the market, analysts say

West Van condo tower sees fast sales during pandemic

Luxury project has pre-sold 54 condos in the last month, including a $6 million penthouse

Realtors not buying CMHC’s 'nightmare' scenario

Federal housing agency forecasts sales will fall up to 29 per cent, home prices will drop 18 per cent and national housing starts could crater by 70 per cent this year. Industry experts beg to differ

KingSett partners on Richmond industrial site

Acquisition with PC Urban Properties an indication of institutional investors piling into Metro Vancouver real estate

Southlands starts after 14 years of debate

Developer now understands “why housing prices are so high”

Allied Properties REIT buys Gastown landmark

Toronto-based Allied Properties Real Estate Investment Trust (REIT) has bought the 115-year-old Landing, a mixed-use commercial landmark in Vancouver’s Gastown area. The Landing was bought from Greg...

Rural property search surges in B.C. during pandemic

Freddie Marks is a specialist in B.C rural recreational property but his phones have lit up with calls from the big city since the pandemic brought on self-isolation and social distancing. “Before...

‘Low interest rates won’t save housing’ in 2020: Moody’s

Vancouver, Calgary will take worst hit, but analyst predicts a sales rebound by June

House prices will fall 10% before recovery: Moody’s

Western markets will take worst hit, but some analysts see a rebound as early as June