A report from the Vancouver Sun in Canada. "The advertised rent for a two-bedroom apartment has plunged by 15 per cent in the city of Vancouver, one of the biggest drops in Canada, as COVID-19 makes its bewildering way through…
A report from the Globe and Mail in Canada. "Canadian home sales tanked and price dipped in April over the previous month, marking the weakest activity since 1984. Last month, 16,612 homes were sold on a seasonally adjusted basis, down…
A report from CBC News in Canada. "There is nothing so bad that it does not end up helping someone is the old saying, and while the COVID-19 outbreak is bad for pretty well everyone, long-suffering renters may finally get…
A report from the Toronto Sun in Canada. "In a scenario that is no doubt being replicated in major urban centres across Canada, sales of homes in Toronto dipped 68% in the first week of April while condo sales were…
Two reports from Housing Wire. "One thing that is clear, however, is that the mortgage lending landscape is vastly different in early April than it was in early March. Certain segments of the business – namely government, non-QM, and jumbo…
It's Friday desk clearing time for this blogger. "An American developer is looking to attract the international buyers who would have previously looked to Vancouver. The Spire was originally going to be a rental tower, which has been the trend…