Real Estate News & Articles

2018-05-10

Subprime borrowers on edge Chris Fournier REP For many Canadians, higher interest rates are reason to grumble. But for the country’s 3.4 million subprime borrowers, they could spell disaster. Borrowers with impaired credit histories m…

2018-05-09

?Perception and fear trump fundamentals? in pre-sale condo market Frank O'Brien Western Investor High-profile real estate developers, marketing executives and real estate agents are bracing for a sustained downturn in the housing market aft…

2018-05-09

Vancouver luxury property cooling fast: Real estate report Cheryl Chan The Vancouver Sun It’s tough times at the top for Vancouver’s priciest homes.  Prices in the top end of residential real estate in the city have dr…

2018-05-09

What economic impact assessment has been done in terms of job impacts Victor Godin The Vancouver Sun The B.C. government coalition has made it unequivocally clear that its intention is to cool the housing market and lower sales prices. What…

2018-05-08

REP Scotiabank has joined its Big Five banking peers in raising its benchmark fixed-rate mortgage rate. Canada's third-biggest lender raised the posted rate for a five-year fixed-rate mortgage from 5.14 per cent to 5.34 per cent, effective …

2018-05-08

Housing starts buckle Mortgage Broker News Canada Mortgage and Housing Corp. says the annual pace of housing starts in April slowed compared with March. The seasonally adjusted annual rate of new home construction, which is seen as a measur…

2018-05-08

Steve Randall Canadian Real Estate Wealth Canada’s millennials are focused on homebuying and their intentions are driving the real estate market. A new report from mortgage insurer Genworth Canada reveals that 59% of millennials are a…

2018-05-07

April sales in the Fraser Valley were down compared to a year ago Steve Randall REP The spring home buying season in the Fraser Valley was softer in April 2018 than a year earlier. Despite a rise in inventory, the Fraser Valley Real Estate …

2018-05-07

Homeownership initiative launched in Vancouver Mortgage Broker News A non-profit housing society and the City of Vancouver are working together to build more than 1,000 affordable homes on city land valued at $130 million. Community Land Tr…

2018-05-07

Digital platforms touted for accurate valuations Neil Sharma Canadian Real Estate Wealth Market Score, an online platform that provides users accurate real estate valuations, could make determining the viability of property investments a br…

2018-05-05

CKNW interview with Vancouver mortgage broker Mark Fidgett other CKNW interview with Vancouver mortgage broker Mark Fidgett

2018-05-05

Adera?s Crest takes a convenient location in North Vancouver?s Central Lonsdale Michael Bernard The Vancouver Sun Crest, North Vancouver Project Location: 150 East 8 th St., North Vancouver Project Scope: A total of 161 wood-frame condo uni…

2018-05-05

Presale condo confusion spurs push for clarity Joanne Lee-Young The Vancouver Sun There is growing scrutiny of who is, and who is not, paying what taxes in Metro Vancouver’s presale condo market. It’s not only sellers but also d…

2018-05-05

Mike Smyth The Province Bad drivers of B.C., beware. The government — and the cops — are coming to get you. And they’re loading up with more traffic-ticketing technology than British Columbia has ever seen before. Attorney…

2018-05-05

Province ramping up efforts to crack down on bad drivers by issuing more fines Mike Smyth The Province Bad drivers of B.C., beware. The government — and the cops — are coming to get you. And they’re loading up with more tr…

2018-05-04

CMHC saw strong growth 2017 Steve Randall REP Last year saw strong growth from the CMHC as the organization moved towards more agile ways of operating. In its annual report the corporation says that its mortgage loan insurance and securitiz…

2018-05-04

Rental-only zones in B.C. could result in lower land prices Linda Givetash The Province A proposal that would give cities in British Columbia the power to zone land for rental housing could moderate the price of affected properties, experts…

2018-05-03

Home sales lowest since recession Natalie Wong and Erik Hertzberg Canadian Real Estate Wealth Toronto home sales are off to the worst start in nine years, as tougher rules for mortgage qualifications and rising interest rates continue to pu…

2018-05-03

Bad ventilation causes bigger problems than odours Tony Gioventu The Province Dear Tony: How do we get our strata council to keep the interior fresh-air system in our building? To save money, the owners decided last year to put the system o…

2018-05-03

Form and function showcase The Residence on Marine in West Van Mary Frances Hill The Province The Residences on Marine What: 16 two- and three-bedroom condos Where: 1347 Marine Drive, West Vancouver Residence sizes and prices: Two- and thre…

2018-05-03

Buyers are not put off by rising interest rates, most are not taking recent mortgage regulation changes into account Steve Randall Canadian Real Estate Wealth The spring homebuying season is underway and the intentions of potential homebuye…

2018-05-03

Zoning land for rental housing one way to regulate prices Linda Givetash Canadian Real Estate Wealth A proposal that would give cities in British Columbia the power to zone land for rental housing could moderate the price of affected proper…

2018-05-03

April sales down 32 per cent Mortgage Broker News The Toronto Real Estate Board says home sales in April were down 32.1 per cent compared with a year ago. The board says there were 7,792 homes sold through its MLS system last month compared…

2018-05-03

Sharing camera cash worries mayors Randy Shore & Glenda Luymes The Vancouver Sun B.C. mayors are concerned their policing budgets could be strained if a new red-light camera revenue-sharing deal with the province leads to cuts. “That …