In a recent decision, Kelowna's municipal government has taken a hard stance on short-term rentals, ushering in a wave of unintended consequences affecting various stakeholders in the community. While the move aims to address housing supply issues and affordability concerns, its repercussions have

Calgary's real estate market is going to have a lot of eyes on it in 2024. It’s clear an evolution is unfolding, fueled by dynamic shifts in migration patterns, economic activities, and a burgeoning population. These trends are changing the makeup of the city and redefining affordability and

Product design is forever evolving to meet the needs of the modern consumer, and 2024 brings with it its own trends showing up in the market. The MLA Intel Report, which will be released at the end of the month, takes a look at the features and amenities that are shaping the way we think about and

In recent years, the Canadian rental market has witnessed significant changes. The large upward jump in 2022 put significant pressure on tenants and developers in the rental housing space. The upcoming MLA Intel Report will take a deep dive into how that set up the market’s performance in 2023 using

As we bid farewell to 2023, a year marked by shifting economic landscapes and policy evaluations, we find ourselves at the cusp of a new year with the Okanagan real estate market in focus. The journey through the past year has been one of adaptation and resilience, grappling with challenges that

In Greater Victoria, the real estate market this past year was marked by undersupply, stagnation in certain segments and, luckily, promising growth in others. Here, we look at what happened in 2023 in presale and resale and, most importantly, what we can expect in the coming year. Greater Victoria

The preceding year stands as a testament to our collective triumph, marking significant milestones within our presale programs. The exceptional reception and staggering achievements of 2023 underscore our commitment to excellence. Alina and Komo by Strand set unprecedented benchmarks with remarkable

As we approach the end of 2023, the real estate market in Kelowna is witnessing a cooling trend, absorbing both seasonal fluctuations and the impact of interest rate hikes set in June and July. This shift is expected to persist through winter before rebounding in spring. Despite this, the market

In a move that aligns with market expectations, the Bank of Canada has maintained its overnight rate target at 5.00% in its final announcement of 2023. This decision reflects the Bank’s ongoing strategy to balance inflation risks with economic stability, a stance that holds significant implications