Real Estate News & Articles

2017-08-10

Borrowing is not without its risks Tony Gioventu The Province Dear Tony : Our strata corporation is trying to attempt a major project that includes our roofing and/or balcony deck renewals.  We have had the project detailed and prepare…

2017-08-10

At Edgewood Gate, buyers have the opportunity to truly personalize their homes Mary Frances Hill The Province Edgewood Gate Where: 2113 166 Street, South Surrey What : 96 four- and five-bedroom detached single-family homes, with detached, d…

2017-08-10

Uber begins mapping B.C. in anticipation of eventual West Coast launch Stephanie Ip The Vancouver Sun It could be a while before Uber ventures into B.C., but the company is banking on a future here by doing its research and upgrading its ma…

2017-08-10

Vancouver Housing Posts Biggest Price Gains Since 1990 Greg Quinn Bloomberg Just as Toronto’s housing market is beginning to slow down , Vancouver’s is roaring back to life. New home prices in Canada’s most-expensive marke…

2017-08-08

Steve Randall REP Rents in Toronto, Vancouver and Montreal are being driven up by a small number of investors who operate as landlords in the short-term rental market, according to a new study. The report from Montreal’s McGill Univer…

2017-08-06

other An online tool that has been touted as the biggest shake-up of the real estate industry this century has launched in Perth. The app is the first-of-its-kind in the world that takes pre-contracted buyers through a completely transparen…

2017-08-05

Homes at Delta Gardens proving to resonate with buyers Laura Goldstein The Vancouver Sun Project: Delta Gardens Project Location: 11501 84 Avenue, North Delta Developer: Maple Leaf Homes Ltd. Architect: Maciej Dembek, Barnett Dembek Archite…

2017-08-05

Immigration lawyer notes owners often obscure identities to avoid Canadian taxes Douglas Todd The Vancouver Sun The phenomenal popularity of Canada’s new 10-year visas is a key factor behind the latest housing booms in Vancouver and T…

2017-08-05

Density bonuses provide unintended consequences, says Elizabeth Murphy Elizabeth Murphy The Vancouver Sun The City of Vancouver continues its relentless crisis capitalism to address the ongoing housing affordability problems that are, in pa…

2017-08-03

Steve Randall Canadian Real Estate Wealth There were 2,960 home sales in the Greater Vancouver area in July, a drop of 24% from June and 8.2% below July 2016, led by an 11.9% decline in detached home sales. However, sales were 0.7% above th…

2017-08-03

Steve Randall Canadian Real Estate Wealth For the second consecutive quarter, new condo apartment sales in the Greater Toronto Area have reached a new high. Urbanation reports that 12,138 units were sold in the second quarter of 2017, a ris…

2017-08-03

Use formal council approach Tony Gioventu The Vancouver Sun Dear Tony : We are having some serious issues with two of our council members who are benefitting from their council involvement. One works for the developer and constantly pushes …

2017-08-03

At Jasmine, the spaces are inviting, inside and out Mary Frances Hill The Province Jasmine at the Gardens What : 23 townhomes, the sixth collection of homes in the Gardens community  Where : 10880 No. 5 Road, Richmond Developer and bui…

2017-08-03

Average price for a home of any kind tops $1 million in Metro Aleksandra Sagan The Province The typical price of a home in Metro Vancouver surpassed $1 million for the first time last July, the Real Estate Board of Greater Vancouver said on…

2017-08-03

Foreign buyers tax in the spotlight Cheryl Chan The Province When the B.C. Liberal government slapped a 15 per cent tax on home purchases by foreigners in Metro Vancouver last year — the first such tax in Canada — it was meant t…

2017-08-02

Joannah Connolly REW There were 1,937 real estate sales in the Fraser Valley in July this year – of all property types including commercial and industrial – according to Fraser Valley Real Estate Board (FVREB) figures published …

2017-08-02

Lachman Balani Canadian Real Estate Wealth As a mortgage broker I have been asked very frequently in the last couple of months how I think the rising loonie (Canadian dollar) that has reached 80 cents vis-a-vis the US dollar (USD) will affe…

2017-08-01

Approved 57-storey tower raises questions Michael Geller Vancouver Courier Someone once asked, “When you are sitting in the bathtub with the hot water running, how do you know when to shout?” This quotation came to mind last wee…

2017-08-01

Canadian Real Estate Wealth The 15% tax on many foreign home buyers in British Columbia will be reviewed along with some other government housing policy. The province’s new housing minister Selina Robinson said Monday that policies in…

2017-07-31

Ephraim Vecina REP Sharing the fruits of long industry experience in Toronto, Dominion Lending Centres accredited mortgage professional Michael Sneddon outlines various answers to some of the most common reverse mortgage questions he encoun…

2017-07-31

Justin da Rosa REP “Short answer: No,” according to one expert. “We saw an immediate stop to real estate in Vancouver and a 23% drop in average price, looking at the entire lower mainland market,” Elton Ash, regional…

2017-07-31

Steve Randall Canadian Real Estate Wealth If the federal government forces mortgage lenders to carry more of the risk for delinquencies it could have a negative impact on the housing market and lead to an increase in mortgage defaults. A do…

2017-07-31

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2017-07-29

Millennium Development Group launches ?toile, a 398-home highrise development in Burnaby Simon Briault The Vancouver Sun Etoile Project location: 5345 Goring St, Burnaby Project size: 398 homes of between one and three bedrooms and ranging …