
The Canadian Press


Vancouver real estate market shifting as more sellers enter market, January sales up
The number of homes that changed hands in the Vancouver area rose again last month, but the city’s real estate board says new listings outpaced demand as sellers showed they’re eager to enter the market.

Calgary home sales down 12% in January but still above seasonal average: board
The Calgary Real Estate Board says January home sales dropped 12 per cent from last year but remained nearly 30 per cent higher than levels typically recorded for the month.

Parks Canada says 300 or more interim housing units for Jasper on the way
Parks Canada plans to set up 300 or more interim housing units for residents displaced by last year’s wildfire in Jasper, Alta., by the end of February.

Soaring housing costs limiting population mobility across Canada: CMHC
Canada Mortgage and Housing Corp. says high housing costs are restricting population mobility in the country, as Canadians are finding that it’s too pricey to buy or rent in cities where they seek jobs.

Montreal tightens rules for short-term rentals, including primary residences
Montreal is further tightening restrictions around short-term vacation rental platforms by boosting the number of inspectors and limiting when people can rent out their primary residences.

Bank of Canada cut will prompt lower variable mortgage rate costs: Ratehub
Experts say homeowners with variable mortgage rates will benefit from lower monthly payments after the Bank of Canada’s latest cut to its key policy rate.

‘People are panicking’: Snowbirds rush to sell Florida homes as loonie tanks
Cesidia Cedrone has been soaking up the rays at her Florida condo every winter since 2011.

‘Turning point’: Rent prices should see relief this year, but markets still tight
For Canadian renters, it may feel like the years since the COVID-19 pandemic have brought one hit after another.

Critics denounce Vancouver mayor’s ‘Trumpian’ plan to ‘integrate’ Downtown Eastside
Critics have denounced Vancouver Mayor Ken Sim’s plan for revitalizing the Downtown Eastside neighbourhood, with former councillor Jean Swanson calling his proposal to pause supportive housing construction “Trumpian.”