As we continue to highlight news stories about government and advocacy groups and their questionable policies aimed at helping tenants – this week we focus specifically on Victoria BC who made the news with a number of stories.
FREELAND VOWS MORE A...
The federal government is prepared to take “additional action if necessary” to help with housing affordability, Finance Minister Chrystia Freeland said on Friday.
“Our government is absolutely focused on housing affordability, on ensuring that Canadians — the Canadians who want to buy a house — are …
BIG INVESTORS EYE CA...
Investment firms have become the biggest new buyers of U.S. homes — a trend that could make home ownership more difficult for average families.
The idea of big investors buying single-family homes to rent them out is “just in its infancy” in Canada, …
CANADIAN REAL ESTATE...
Canada’s largest bank might be its largest real estate bear after last month’s sales. This week RBC explained to investors that a Canadian real estate correction is here. Following downward revisions to the bank’s forecast, key markets reported further erosion. They see …
ECONOMISTS WEIGH IN ...
Canada’s July jobs reading caught economists by surprise with a loss of 30,600 positions rather than an expected gain of 15,000 for the month.
Despite the negative reading coming on the heels of a still larger decline in June, the unemployment rate …
From the pages of our July issue…
Quote Worthy
One key point of differentiation is that we have never relied on “hot” markets to perform. ~ Anthony Giuffre, Founder and CEO, Avenue Living
