Michelin Guide Awards Its First Hotel Keys in the US
Eleven hotels earned the top three-key distinction, in a list that focused on major markets rather than being truly comprehensive.
Latest Videos
The information you requested is not available at this time, please check back again soon.
Eleven hotels earned the top three-key distinction, in a list that focused on major markets rather than being truly comprehensive.
Blackstone Inc. and KKR & Co. mortgage real estate investment trusts are grappling with deteriorating office loans as higher interest rates and weak demand drive down property values.
Bank of Canada officials said monetary policy easing is expected to be “gradual,” as they debate the timing of a pivot to rate cuts.
Recovering risk appetite and tightening spreads in the commercial real estate market mean active managers have to work a little harder, according to DoubleLine Capital LP.
Iceland’s inflation eased to the slowest pace in more than two years, suggesting its central bank is more likely to begin reducing the western Europe’s highest interest rate in the coming months.
May 3, 2022
The Canadian Press
VANCOUVER - The Real Estate Board of Greater Vancouver says home sales in the region fell in April and returned to more historically typical levels for the month.
The board says residential home sales in the region totalled 3,232 in April, down from 4,908 in April 2021 and 4,344 homes in March 2022.
The April sales were 1.5 per cent above the 10-year sales average for the month.
REBGV chair Daniel John says the return to a more traditional pace of home sales over the last two months provides hopeful homebuyers more time to make decisions, secure financing and perform other due diligence such as home inspections.
The board says there were 6,107 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service in Metro Vancouver in April, down 23.1 per cent compared with April 2021 and down 8.5 per cent compared with March 2022.
The sales came as the MLS home price index composite benchmark price for all residential properties in Metro Vancouver was $1,374,500, up 18.9 per cent over April 2021 and a one per cent increase compared with March this year.