
‘Just Shocking’: Inflation Buoys GOP’s Hopes to Flip Senate Seat
Crowds are returning to Las Vegas, but Nevada residents struggling with rising prices
Latest Videos
The information you requested is not available at this time, please check back again soon.
Crowds are returning to Las Vegas, but Nevada residents struggling with rising prices
The pullback in the once red-hot housing market isn’t scaring investors away from homebuilding stocks -- it’s all normal, they say. And normal is good enough for now.
Earnings results from alternative mortgage providers including Home Capital Group Inc. and EQB Inc. show that lenders are turning more cautious on Canada’s rapidly-cooling housing market and the economy.
A potential regulatory shakeup, WhatsApp fines and the City’s struggling pubs were on our radar
Stanbic Bank Kenya Ltd., a unit of Africa’s biggest lender by assets, forecasts its mortgage business in the nation to surge as the economy recovers from the pandemic and the end of presidential elections brings political stability.
Sep 20, 2018
The Canadian Press
Vancouver councillors have ended two days of public hearings by voting to allow duplexes in most city neighbourhoods currently restricted to single-family homes.
Mayor Gregor Robertson says the decision is another step toward adding homes in the city for the so-called "missing middle," which includes young families pushed out of Vancouver by soaring property prices.
A news release from the mayor's office says the policy change means duplexes are now permitted on approximately 67,000 single family lots, offering an option that is more affordable than a detached home.
The 7-4 vote was split along party lines with Robertson, five Vision Vancouver members and councillor Hector Bremner approving the motion, while three Non-Partisan Association councillors and the Green party's Adriane Carr voted against.
The vote also marks one of the last major decisions of Robertson's decade-long tenure as mayor because he is not running in next month's civic election.
Robertson agrees the duplex proposal is not a "silver bullet" that will resolve Vancouver's housing problems, but says it responds to the demands of residents.