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Real Estate News & Articles

Vancouver & B.C. real-estate news, market commentary and articles from Les Twarog & Sonja Pedersen — 14376 articles going back to 2004.

Showing page 100 of 599 · 14376 articles
Residential sales across B.C. up 12.4% from last year: BCREA
2019-08-13
Average home price has slipped but total dollar volume is up more than 10 per cent Joannah Connolly Western Investor With home sales making a significant year-over-year jump in the Lower Mainland in July, residential transactions for the wh…
Five-year fixed rates of as low as 2.39% now available
2019-08-13
Fixed rates have dropped 0.8% this year Ephraim Vecina Mortgage Broker News From a previous low of 2.49%, the best available 5-year fixed rate on Ratehub.ca has shrunken further to 2.39%, the site reported late last week. The last time 5-ye…
Housing Demand Improves in July
2019-08-13
BC home sales climbed higher for the first time in 18 months Cameron Muir BCREA The British Columbia Real Estate Association (BCREA) reports that a total of 7,930 residential unit sales were recorded by the Multiple Listing Service ® (M…
Speculators have had long presence in Canada
2019-08-13
The share of vacant homes in Canada rose considerably between 2006 and 2016 Neil Sharma Mortgage Broker News The share of vacant homes in Canada rose considerably between 2006 and 2016—a sign that speculators have been omnipresent in …
Reverse mortgage balance reaches yet another new high
2019-08-13
Reverse mortgages still fastest growing debt Ephraim Vecina Mortgage Broker News Canada’s reverse mortgage balance has reached a new record high of $3.72 billion in May 2019, according to latest OSFI figures. Despite a relatively slow…
Vancouver showing promising recovery signs
2019-08-12
July sales in Vancouver up 23% Neil Sharma Mortgage Broker News While it’s early days yet, Vancouver’s real estate market seems to be coming back to life. July sales figures released by the Real Estate Board of Greater Vancouver…
Real estate websites as mass media
2019-08-12
The website as a medium is fully assimilated into our lives Tres Labs REM The internet has brought on many changes to our society in the past 25 years. One of the most elegant changes has been the appreciation of a self-serve culture, both …
Canadian housing starts led by apartments, rowhouses says CMHC
2019-08-12
There was an increase in Canadian housing starts in July Steve Randall Canadian Real Estate Wealth There was an increase in Canadian housing starts in July but the national picture belies diversity across the main urban centres. The 6-month…
Housing starts continuously bolstered by multi-unit activity - CMHC
2019-08-12
Canadian markets strengthened by apartment and rowhouse segments Ephraim Vecina Mortgage Broker News Sustained high levels of activity in the apartment and rowhouse segments continue to strengthen housing starts in Canada’s urban mark…
CMHC designates Vancouver market 'moderately vulnerable'
2019-08-12
The Canada Mortgage and Housing Corporation has reduced Vancouver?s real estate market to moderately vulnerable Neil Sharma REP The Canada Mortgage and Housing Corporation has reduced Vancouver’s real estate market to moderately vulne…
SEAandSKY 134 townhomes in phase two at 1500 Highway 99 by BlueSky Properties and Kingswood Properties
2019-08-10
SEAandSKY community of homes showcase natural beauty of Squamish Simon Briault The Vancouver Sun BlueSky Properties and Kingswood Properties are set to be a big part of that transformation. The two companies are collaborating on a new maste…
BC low-cost housing initiative to supply over a thousand new units
2019-08-09
As much as 1,500 affordable housing units will be built across British Columbia over the next five years Ephraim Vecina Canadian Real Estate Wealth As much as 1,500 affordable housing units will be built across British Columbia over the nex…
Zoocasa calculated the Property taxes wrong in an Ontario sample
2019-08-09
Zoocasa pilloried over Ontario property tax report Neil Sharma REP A recent report from Zoocasa about property taxes in Ontario cities is catching flack from all corners, and according to Claude Boiron, it speaks to a larger, disquieting tr…
Vancouver retail tenants face demolition clauses
2019-08-09
Storefront space expensive and scary as development pressure drives leases and property taxes sky high Frank O'Brien Western Investor Development pressure has driven Vancouver retail rents sky high and convinced some landlords to include de…
RE/MAX agents in Western Canada are getting new digital tools
2019-08-08
The booj Platform to enhance agent-client relations Steve Randall Canadian Real Estate Wealth Acquiring and deepening client relationships is at the heart of a new suite of digital products being rolled out to RE/MAX agents, brokers, and te…
BC housing supply to get another 1,500 new low-cost units
2019-08-08
BC government and CMHC outline 5 year investment for affordable housing Ephraim Vecina Mortgage Broker News The BC government, along with Canada Mortgage and Housing Corporation, announced a $75-million investment in the construction of ove…
Metro Vancouver office vacancy reaches lowest levels since 2007
2019-08-08
Commercial vacancy rate at 4.3% Ephraim Vecina Mortgage Broker News A combination of growing demand from global tech giants and lengthy development times has led to record-low office vacancy levels in Vancouver, according to Avison Young. A…
Home prices increase in 91% of metro areas in second quarter
2019-08-08
Single-family home prices increased in Q2 Kimberly Greene other Single-family median home prices increased year-over-year in 91% of measured markets in the second quarter, according to the latest quarterly report from the National Associati…
Strata corporations must file a formal address
2019-08-08
Strata councils must ensure they follow proper procedures when enforcing bylaws Tony Gioventu The Province Every day hundreds of emails and calls are managed by Condominium Home Owners Association advisors from strata councils, property man…
Monument 2485 Larch Street, 22 one, two, and three bedroom homes by Epta Development
2019-08-08
Monument to take its place in the desirable Vancouver neighbourhood Kathleen Freimond The Province The Greek community’s long history in Vancouver’s Kitsilano neighbourhood has a special connection for Epta Development Corporati…
Critics pan glass buildings as developer envisions world's tallest wooden tower in Vancouver
2019-08-08
Critics shatter allure of glass buildings Joanne Lee-Young The Province Vancouver, the City of Glass, known for its tall condo towers and their walls of floor-to-ceiling windows, is being asked to reassess its namesake form of building. It …
Trans Mountain approved to resume construction of B.C. pipeline terminals
2019-08-08
National Energy Board confirms pre-construction conditions have been met at Westridge Marine and Burnaby storage terminals Western Investor The National Energy Board (NEB) has given Trans Mountain the green light to resume construction…
Toronto home sales rebounded in July as pent-up demand grows
2019-08-07
Toronto housing sales jumped 24% over a year ago Steve Randall Canadian Real Estate Wealth July brought some good news for the Toronto housing market as sales bounced 24.3% higher than a year ago. Toronto Real Estate Board reported 8,595 sa…
Foreigners were the largest segment paying BC's speculation tax
2019-08-07
Foreign home owners paid speculation and vacancy tax Ephraim Vecina Canadian Real Estate Wealth Majority of those who were penalized by BC’s speculation and vacancy tax in its first year were foreign home owners, according to the fina…