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...
by Navid | Feb 16, 2023 | Aultrust Development, Aultrust Financial, Aultrust Intel, Development Financing
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 ultimately land. The Bank of Canada (BoC) had been...
by Navid | Jan 24, 2023 | Aultrust Development, Aultrust Financial
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 rate hikes have been known to slow down the housing market. As...
by sara | Nov 30, 2022 | Aultrust Financial
Vancouver’s real estate market fundamentals remain strong. When discussing “Fundamentals”, one needs to analyze the two sides of any market, “Supply” and “Demand”. The Canadian market, particularly the Vancouver market, has suffered from a severe lack of supply for...
by sara | Nov 30, 2022 | Aultrust Financial
Real estate markets are subject to cyclical ebbs and flows. Additional black swan events such as the invasion of Ukraine by Russia and the far-reaching consequences of the war have a pronounced effect on global capital markets and interest rates. Naturally, the real...
by sara | Feb 24, 2021 | Aultrust Development, Aultrust Financial
3000 Henry is now Bayrock Terrace We are excited to announce the introduction of Bayrock Terrace, the new identity that defines the upcoming unique residential development in Port Moody. The naming process was primarily driven by inspiration found within Port Moody,...