AGP Executive Report
Last update: 27 minutes agoCondo Construction: Meridian Credit Union is holding to its 70% presale threshold for construction loans, despite developers’ calls for relief as weak investor demand leaves projects on hold. Housing Market: Canadian home sales fell as trade uncertainty sidelined buyers, while Royal LePage reported flat national prices in the third quarter and a 4% drop in Metro Vancouver, with further declines forecast. Rental Supply: Starlight is planning what it calls Metro Vancouver’s largest apartment community in Burnaby. Affordable Housing: Federal funding will support 60 housing units in Yorkton and repairs to local affordable homes. Commercial Real Estate: UPS has broken ground on an $200-million, 850,000-square-foot distribution centre in Caledon, its largest Canadian facility.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.