Lenders are keen on growing their real estate loans in 2023, but their focus is shifting due to rising interest rates and evolving development plans. Here's a simplified breakdown of what's happening:
Lender Expectations:
93% ...
British Columbia's housing market dynamics are set to experience a significant decline. The BC Real Estate Association predicts a 34.4% drop in home sales this year, following a record-setting 2021. They anticipate another 11.4% dip...