News
Published brokerage updates and market posts.
News
Published brokerage updates and market posts.
Longmay Real Estate's April 2026 BC housing report reveals a market at a turning point: detached home sales surge 14% YoY in Metro Vancouver while condo sales drop 10.7%, the Fraser Valley sees its first sales increase in over a year, and new BCFSA regulations reshape industry transparency.
EnPro chief analyst Roger McKnight says wholesale price shifts will push Metro Vancouver pump prices up by 5 to 7 cents per litre overnight, with similar jumps expected in Montreal, Toronto, and Halifax.
The Canadian dollar has experienced significant fluctuations, recently climbing to a seven-week high before pulling back due to geopolitical tensions and central bank policies. Investors are concerned about rising oil prices impacting inflation and interest rates.
Waymo's self-driving taxi service is launching in Portland amidst safety concerns and opposition from rideshare unions.
The Greater Vancouver real estate market is witnessing a rebound in office demand while facing challenges in housing affordability and supply.
The Greater Vancouver real estate market faces challenges due to rising interest rates, but innovative strategies are being implemented to attract buyers. Office demand has rebounded significantly.
Canada announces $1B in BDC loans and a $500M strategic pivot fund after the U.S. extended Section 232 tariffs to previously exempt derivatives, hammering Canadian exporters.
Joby Aviation completed its first flight from JFK to Manhattan in just 7 minutes in April, with commercial passenger service planned for late 2026. Global eVTOL deployment is accelerating across the US, China, Europe, and the Middle East. Initial fares of $100-300 per trip are expected to eventually drop to ride-hailing levels, fundamentally reshaping urban real estate and commuting patterns.
China's flying car sector is gaining momentum. AutoFlight's eVTOL completed the world's first cross-sea intercity route between Shenzhen and Zhuhai, while Geely-backed Wofly's AE200 achieved its first test flight in Chengdu. With the global UAM market projected to reach $28.5 billion by 2030 and over 20 A-share listed companies entering the space, the low-altitude economy is transitioning from concept to commercialization — with significant implications for real estate valuation and urban planning.
Metro Vancouver skips straight to Stage 2 water restrictions on May 1 as drought and low snowpack pressure the region's supply. Record-high temperatures are forecast for the long weekend, with above-normal heat expected through July. Globally, tropical forest loss fell 36% in 2025 but remains 46% higher than a decade ago, while Europe recorded its worst wildfire season ever and Canada saw its second-worst fire year.
Metro Vancouver has enacted Stage 2 water restrictions from May 1, banning all residential and non-residential lawn watering. Stage 3 restrictions with stricter outdoor water limits are expected in early June due to dry conditions, low snowpack, and ongoing Stanley Park Water Supply Tunnel construction.
CBRE Canada CEO Jon Ramscar says Vancouver’s slower development cycle and deep supply constraints are giving disciplined investors a rare chance to access office, industrial, multifamily and retail opportunities.
