Real Estate News & Articles

2018-09-10

Vancouver rent prices up slightly other Sept. 10, 2018 While the media often talks about the skyrocketing rent prices in Vancouver and Toronto, in August, most major Canadian cities saw a drop or a minor increase month-over-month. The large…

2018-09-10

Q2 2018 38 per cent above previous high Steve Randall REP Investment in Canadian commercial real estate has reached a new record high, beating the previous record set in Q1 2017. Q2 2018 saw $16.5 billion of CRE transactions, 38% above the …

2018-09-10

Home ownership across Canada decline Ephraim Vecina REP The proportion of home owners across Canada shrunk for the first time in nearly 5 decades as 11 out of 13 provinces saw their ownership rates declining from 2011 to 2016, according to …

2018-09-10

Detached homes could see a boost is sales Neil Sharma REP Vancouver’s single-family detached market could see a boost in sales this autumn. According to numbers from the Real Estate Board of Greater Vancouver, detached home sales incr…

2018-09-09

New Westminster waterfront has most ownership Kay Rivera REP The riverfront city of New Westminster, British Columbia, was recorded to have the highest growth in homeownership rates in the country, according to a new research by real estate…

2018-09-08

Recreational amenities, great views highlights The Highlands at Lakestone Michael Bernard The Vancouver Sun Project: The Highlands at Lakestone Project location: 9676 Benchland Drive, Lake Country Project size:  109 fully serviced lots…

2018-09-08

Close to nature, parks and trails, Polygon's Kentwell takes its place atop Coquitlam?s Burke Mountain Simon Briault The Vancouver Sun Kentwell is a townhome project from Polygon Kentwell Homes Ltd. in Coquitlam. Kentwell is a collection of …

2018-09-08

Buyer beware: How purchasing property from a non-resident of Canada could leave you with a hefty tax bill Jamie Golombek The Vancouver Sun If you’re buying a house or condo and you suspect that the current owner from whom you are purc…

2018-09-07

Shell companies and legal trusts used in real estate laundering Neil Sharma REP Canadian real estate is being exploited by international money launderers, according to a report from the C.D. Howe Institute. The report’s author Denis M…

2018-09-07

41% of Canadians regretted the volume of debt in their lives Ephraim Vecina REP In the latest study conducted by Ipsos for insolvency practice MNP Debt, two-thirds of Canadians polled said that they had significant regrets over their debts.…

2018-09-07

Sub-areas under review by Okanagan real estate board Ephraim Vecina Canadian Real Estate Wealth The latest investigation by Global News has a crucial warning for hopeful home buyers in the Okanagan: multiple listings in the area have been f…

2018-09-07

Bank of Canada spoke about its decision to keep interest rates on hold Steve Randall REP Canada’s economy is adjusting well to higher borrowing rates and tighter mortgage lending restriction. That was one of the key messages from the …

2018-09-06

Marquise showcases sleek, yet practical design Mary Frances Hill The Province Marquise Project size:  58 homes in total (seven townhomes, 51 condos) with one, two and three bedrooms, from 620 to 1,360 square feet Where:  495 West …

2018-09-06

Condo Smarts: Changes to common property require scrutiny of strata council Tony Gioventu The Province Dear Tony:  We would like to share a recent decision made by our council that seemed appropriate at the time.  Given the bylaws…

2018-09-05

Vancouver a tough market for first-time buyers Steve Randall REP Canada’s potential first-time homebuyers saw no relief in the second quarter of 2018. National Bank’s Affordability Monitor published Tuesday reveals a continued w…

2018-09-05

Airbnb deactivates more than 2,400 listings in Vancouver Jessica Kerr Western Investor The number of short-term rentals in Vancouver is down by almost 50 per cent since the city’s regulations went into full effect Sept. 1. When the ci…

2018-09-05

In some areas, detached home prices may have fallen as much as 30 per cent Daniel Tencer other Not long ago, it would have been hard to imagine a time when Vancouver's real estate market was so quiet you could hear the crickets chirp. Yet h…

2018-09-05

The central bank kept the benchmark at 1.5 per cent Andy Blatchford Canadian Real Estate Wealth The Bank of Canada's decision to leave its interest rate unchanged Wednesday could be just a brief pause that comes as it carefully follows the …

2018-09-05

Using passive income to free time Neil Sharma Canadian Real Estate Wealth Many real estate investors begin with dreams of using passive income to free time and enjoy their lives, but few realize that outcome. That isn’t the case for N…

2018-09-05

Approximately 28% of GTA properties listed for sale through Toronto?s MLS are empty Ephraim Vecina Canadian Real Estate Wealth A recent slackening in the rate of price growth among Toronto’s residential properties might have led to gr…

2018-09-04

City extends thanks to residents, businesses, and government partners for their support for much-needed rapid transit extension other Following the federal and provincial government’s official announcement of full funding for the Broa…

2018-09-04

Lenders would have direct access to an applicant?s tax data for the first time in Canada Frank O'Brien Western Investor Canada Mortgage and Housing Corp. (CMHC) is considering calling in the Canada Revenue Agency (CRA) to battle an increase…

2018-09-04

Halifax homeownership is affordable Neil Sharma Mortgage Broker News Much has been said about languid markets in Toronto and Vancouver, however, Halifax is in the midst of a boom. According to Clinton Wilkins of Centum Home Lenders Ltd. a m…

2018-09-04

What is going to happen to the Canadian economy David Ford & the IWANTTOOWN Team other The Bank of Canada has another rate decision this week Wednesday to discuss the current economic outlook as well as make any announcements regarding thei…