Real Estate News & Articles

2018-12-13

Strata corporations must maintain and repair common property Tony Gioventu The Province Dear Tony: Our strata corporation is a mid-rise apartment building of 12 floors constructed in 2002.  I live on the fourth floor and since Aug…

2018-12-13

Stopping renovictions tops B.C.'s rental housing recommendations Dan Fumano The Province A call to stop renovictions was first among 23 recommendations in a B.C. government task force report issued Wednesday and described as the first …

2018-12-13

Mexico?s Pacific seaboard ripe for investors Clayton Jarvis Canadian Real Estate Wealth Investors looking for opportunities in Mexico have no shortage of choices, but an unconventionally located option on the country’s left coast is o…

2018-12-12

A balanced real estate market has returned Neil Sharma Canadian Real Estate Wealth According to the REMAX 2019 Housing Market Outlook, the country’s average sale prices will get a 1.7% boost, an indication that the balance has finally…

2018-12-12

The Fraser Valley, east of Metro Vancouver, has long been considered a more affordable haven for first-time homebuyers Laura Kane Canadian Real Estate Wealth A tempting bright-red advertisement for a new condo development in a Vancouver sub…

2018-12-12

CRA can freeze assets of tax evaders including property Duffie Osental Canadian Real Estate Wealth If you want to keep your real estate assets, you better think twice about dodging your taxes. The Canadian Revenue Agency (CRA) recently star…

2018-12-12

Investment sales in both Edmonton and Calgary increased during the third quarter, bolstered by major office and multi-family sales in Edmonton Tanya Commisso Western Investor Alberta real estate is reaping the benefits of a recovering econo…

2018-12-12

Influential business journal suggests that arrest could chill Chinese migration Glen Korstrom Western Investor Canadian authorities’ arrest of Chinese telecom executive Meng Wanzhou could depress Vancouver home prices, influential bus…

2018-12-11

Royal Lepage says market will continue to ease Steve Randall REP Following several years of rising prices – sharply rising in some cases – home price growth will continue to ease in 2019 according to a new report from Royal LePa…

2018-12-11

An aggressive buyer agent may contact you to register on your new listing what has become known as a ?bully offer? Ross Wilson REM In this third and final segment on the hot subject of bidding wars, I draw some conclusions that lead to more…

2018-12-11

CMHC show a slight housing start increase Steve Randall REP There was an improvement in the 6-month moving average of Canadian housing starts last month. Figures from CMHC show a seasonally adjusted annual rate of units of 210,038, up from …

2018-12-11

Stats Canada shows a 4% increase in housing permits Steve Randall REP The value of residential building permits issued by Canadian municipalities in October was up 4.2% to $5.2 billion. The increase, reported by Statistics Canada, shows tha…

2018-12-11

Buildings eliminate floors with unlucky numbers Linda Nguyen Mortgage Broker News It's an open secret among real estate agents that in certain communities, condo units on the fourth floor can take longer to sell. ``When I was younger, I did…

2018-12-11

Two separate brokerage surveys predict home values will stay virtually flat or decrease only slightly Joannah Connolly Western Investor The Metro Vancouver housing market may look to many like it is heading for a major correction, but two s…

2018-12-10

Three new brokerages join Zillow Ephraim Vecina REP Last week, U.S.-based real estate and rental portal Zillow announced that it has further expanded its network in Canada with the confirmation of listing agreements with 3 more brokerages. …

2018-12-10

BC Assessments based on July 1st value Steve Randall REP Property taxes in British Columbia have been generally trending higher for years but the softening market in many parts of the province is set to snap that trend. BC Assessment bases …

2018-12-09

Commercial real estate sales in the Lower Mainland fell almost 20 per cent Steve Randall REP Commercial real estate sales in the Lower Mainland fell almost 20% in the third quarter of 2018 compared to a year earlier. There were 565 CRE sale…

2018-12-08

Court takes an amenity-rich Abbotsford location Simon Briault The Vancouver Sun Court Project location: 2814 Gladwin Road Project size: 153 homes ranging in size from approximately 600 to 1,750 square feet. There are studios, one- and two-b…

2018-12-07

Not too hot, not too cold: Vancouver's new home market to remain stable in 2019 Josh Sherman other New home prices won’t collapse next year, nor will they begin surging again, predicts a market observer with about 30 years of experien…

2018-12-07

Sales slowed nearly 20 per cent overall, with land sales posting the largest decrease quarter-over-quarter Tanya Commisso Western Investor Commercial real estate sales across Greater Vancouver were down 19.5 per cent overall last quarter, a…

2018-12-07

A new approach to addressing Vancouver's housing affordability crisis - change tax law Steve Randall REP A new approach to addressing Vancouver’s housing affordability crisis has been proposed by an academic at UBC – but landlor…

2018-12-07

Retail real estate showed no change in Q3 Steve Randall REP A slowdown in retail real estate activity has exacerbated flat growth for the CRE sector. The British Columbia Real Estate Association’s Commercial Leading Indicator (CLI) fo…

2018-12-07

November home sales lowest in 10 years Neil Sharma REP Last month’s homes sales in Vancouver were the lowest in a decade, and down 42.5% from exactly a year earlier. The 1,608 home sales in Metro Vancouver are worrying, but there were…

2018-12-07

Buyers and investors alike have adopted a cautious stance towards Vancouver real estate Ephraim Vecina Canadian Real Estate Wealth Buyers and investors alike have adopted a cautious stance towards Vancouver’s real estate assets for mo…