Burgeoning Investment Opportunities in Burnaby
Beyond its claim for having Canada’s second biggest shopping mall and becoming an urban core – complete with restaurant, hotel and shopping destinations intended to draw residents – Burnaby is shaping up to be a more vertical and dense, urbane neighbourhood. A revised area plan is in fact underway to handle the increased density. The Globe [...]
Considering GDP in Investment Real Estate
The importance of researching economic growth or decline and emerging market trends is not lost on any property investor. Much of the information that investors turn to, however, is based on lagging indicators, such as vacancy rates and average prices. Lagging indicators are useful when predicting long-term trends because they change after the economy as [...]
Policy Shift
Written by Stephanie Shiu In a dramatic policy shift, the Bank of Canada (BOC) held its overnight rate unchanged at 1 percent, where it has been for the past year. The BOC said on September 7, it saw less need to raise interest rates, and took a more cautious stance about the worsening global economy: [...]
