Real Estate News & Articles

2017-11-22

Mariko Baerg REW While some homeowners have strict outside-only pet rules, most allow their animals inside their homes and their pets are considered as part of the family. If you are selling a home with pets, it is very likely that you&rsqu…

2017-11-22

Justin da Rosa Canadian Real Estate Wealth The government announced Wednesday a 10-year, $40 billion National Housing Strategy aimed at improving housing affordability for Canadians. “Everyone deserves a safe and affordable place to c…

2017-11-22

Ephraim Vecina Canadian Real Estate Wealth The sum involved in a just-concluded office sale in Vancouver has pushed the city’s commercial property segment towards a direction that has left industry observers bewildered with its pace. …

2017-11-21

Sears gone, Hudson?s Bay selling flagship stores as major retailers blindsided by changing shopping environment Glen Korstrom Western Investor Sears Canada plans to close all its stores and liquidate its assets in the lead-up to the holiday…

2017-11-20

Marriott Canada floats idea of opening a Ritz-Carlton and a W hotel in to maximize on the city's lodging market Glen Korstrom Western Investor Marriott International Inc. is letting hotel owners know that it is interested in opening several…

2017-11-20

Neil Sharma REP Foreign buyers, most of whom are Chinese, have found ways to circumvent the foreign buyer tax, often with the help of their children. “I’ve seen 20-year-olds pay for condos with cash,” Jay Flemming, a sales…

2017-11-20

Steve Randall Canadian Real Estate Wealth A North Vancouver estate has set a new record with a price tag of $36.2 million. Sotheby’s Realty Canada has listed the estate at 2250 Indian River Crescent as a single parcel for the first ti…

2017-11-20

Neil Sharma Mortgage Broker News Home Capital Group’s $30mln third-quarter net income is substantially less than it was during the same period last year, but the embattled lender claims it’s on the cusp of becoming a major playe…

2017-11-18

Customizable luxury at South Surrey's Pacific Heights Simon Briault The Vancouver Sun Pacific Heights by Foxridge Homes Project location : 16752 — 18 Ave., Surrey Project size : 28 single-family homes with four or five bedrooms, start…

2017-11-17

Bloomberg Airbnb and Expedia’s HomeAway unit will continue to operate in Vancouver even as the city passes restrictive rules on short-term home rentals amid rising housing prices. The two companies confirmed in separate statements tha…

2017-11-17

Steve Randall Canadian Real Estate Wealth British Columbia is introducing new rules from spring next year designed to strengthen consumer protection. The Office of the Superintendent of Real Estate announced this week that new measures woul…

2017-11-16

B.C. real estate regulator bans dual agency Dan Fumano The Province Over objections from the industry, B.C.’s real estate regulator will prohibit the controversial practice of dual agency — where a single realtor represents both…

2017-11-16

Second + Main reflects the comforts of home Mary Frances Hill The Province There’s the rigor of work, there’s the comfort of home and there’s the good fortune of Lucas van den Berg, who recognized the warmth and familiar f…

2017-11-16

Check depreciation reports every year Tony Gioventu The Province Dear Tony : Our council recently put two items on our agenda at our annual general meeting to approve contingency funds for repairs and upgrades. One was the roofing on our ei…

2017-11-16

Joannah Connolly REW Home buyers in BC and across Canada are bracing themselves for strict new qualification rules coming into force in January for mortgage applicants who have more than 20% as a down payment. Those buyers will have to unde…

2017-11-16

Sublime Luxury Homes at Heather and Seventeenth REW West Side Vancouver is one of most sought-after and coveted neighbourhoods; home to gorgeous tree-lined streets, stately homes and is within close proximity to Cambie’s charming vill…

2017-11-16

Short-term rentals of principal residences will be allowed provided owners have a licence and pay an activation fee Glen Korstrom Western Investor Vancouver city council has voted to make it legal for homeowners and renters to provide short…

2017-11-15

Foreign nationals were involved in 3.4 per cent of all Vancouver transactions Graeme Wood Vancouver Courier Foreign influence in Richmond real estate remains strong and steady, according to recent data released by the B.C. Ministry of Finan…

2017-11-15

REW Vancouver has placed sixth in a ranking of the world’s best cities for families, released November 15 by German real estate portal Homeday. After surveying hundreds of parents on what makes a great city for a family, the company r…

2017-11-15

Steve Randall REP Owners of residential properties in Vancouver are beginning to receive their advance property tax notices with an added extra –  information on how to make an empty home tax declaration. “Vancouver renters…

2017-11-15

OSRE other The Office of the Superintendent of Real Estate (OSRE) is introducing new rules to improve consumer protection in the real estate industry. These rules will: Require enhanced disclosure of real estate licensee remuneration that w…

2017-11-14

BCREA The British Columbia Real Estate Association (BCREA) reports that a total of 8,677 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in October, an increase of 19.3 per cent from the same period last…

2017-11-13

Ephraim Vecina Canadian Real Estate Wealth A real estate association watching Metro Vancouver’s tight and costly housing market predicted conditions should begin to moderate by the third quarter of 2018. Last week, the British Columbi…

2017-11-11

Grosvenor Americas? The Pacific to take a prime position in downtown Vancouver Michael Bernard The Vancouver Sun The Pacific Project location:   886 Pacific Street. Vancouver (Pacific and Hornby) Project scope:   214 condominium a…