Commercial Real Estate Fears Are Overblown, Market Has Silver Linings

Commercial real estate fears are overblown, a portfolio manager told CNN. While demand for office spaces has slumped post-COVID, other property types are quite healthy. Commercial mortgage bonds have priced in the bad news and sentiment could soon improve. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Everyone needs to chill out about the commercial real estate market. That’s according to a portfolio manager at Brandywine Global. In an interview with CNN, Tracy Chen said much of the recent hand-wringing over the commercial property sector is overblown. “If…
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Housing prices and inventory both increase in February in BC Interior – Kelowna News

Real estate market picks up Photo: Contributed Inventory jumped last month and so did the prices in the BC Interior real estate market. The Association of Interior Realtors released its February data on Tuesday, and sales were up across the board from January. The number of listings, meanwhile, were up compared to both January and February 2023. Despite the uptick in listings, prices still found a way to move up in nearly all housing categories in every Okanagan region and in Kamloops. “It is refreshing to see overall market activity starting to pick up ahead of spring, which is typically…
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Howes Creek: Sir Andrew Grimwade’s former High Country home boasts epic pool deck

A luxury High Country home described as a slice of Mykonos in Victoria is set to smash the local property price record by more than $2m. Named Rossdale, the almost-33ha party farm at 270 Ross Rd, Howes Creek, is about 32km from the town of Bonnie Doon, and is for sale with a $5m-$5.5m price guide. The four-bedroom house was built in the 1980s to a design by well-known architect Guilford Bell for the late businessman Sir Andrew Grimwade CBE, a knighted scientist who served 15 years as the National Gallery of Victoria’s honorary president and also as the Walter…
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