by sara | May 8, 2023 | Aultrust Development, Aultrust Financial, Development Financing
Balancing Energy Efficiency and Affordability: The Impact of Updated Building Codes on Construction Costs and Housing Prices As the global focus on climate change and sustainability continues to grow, many jurisdictions are updating their building codes to include...
by sara | May 4, 2023 | Aultrust Financial, Community Projects
Over the weekend, we were able to celebrate Business Excellence during the Tri-Cities Chamber of Commerce awards. This is an annual event to honour exemplary leaders in business and their commitment to support the community. Aultrust presents Young Professional...
by sara | May 2, 2023 | Aultrust Development, Aultrust Financial, Development Financing
The Canada Mortgage and Housing Corporation (CMHC) has decided to raise mortgage insurance premiums for multi-family developments and adopt more conservative underwriting standards beginning on July 1, 2023. This move comes in response to the increasing risks in the...
by Navid | Mar 4, 2023 | Aultrust Financial, Aultrust Intel, Development Financing
The North American real estate market is undergoing significant changes in response to the current economic environment. As reported by Canadian Mortgage Trends, RBC saw a 40% decline in mortgage originations in the first quarter of 2023. This can be attributed to the...
by Navid | Feb 16, 2023 | Aultrust Development, Aultrust Financial, Aultrust Intel, Development Financing
Interest Rate Hike Impact and Immigration Levels The impact of the interest rate hike has had reverberations throughout the housing and development industry, with many developers pausing or canceling projects and consumers waiting to see where interest rates will...
by Navid | Jan 24, 2023 | Aultrust Development, Aultrust Financial
How the Jan 25th Interest Rate Hike May Impact the Housing Market It is difficult to predict the exact effects of the interest rate hike on the Vancouver real estate market in 2023, as the market is influenced by a variety of factors. However, historically, interest...
