Real Estate News & Articles

2017-01-10

The Vancouver Sun It’s still the dead of winter in much of Canada, but in Victoria daffodils and crocuses are about to begin sprouting, marking the unofficial signal to start another real estate season for anxious home buyers and sell…

2017-01-10

The dollar figure on your provincial property assessment notice should not be taken as your home?s true market value Dustan Woodhouse REW BC Assessment notices have arrived in the mail, giving some homeowners a big smile and a bit more spri…

2017-01-10

20 condo towers planned for new 48-acre Southgate neighbourhood at Edmonds Station Kenneth Chan other Much of Metro Vancouver’s building boom is not happening within the boundaries of the city of Vancouver, but rather in neighbouring …

2017-01-09

Steve Randall Canadian Real Estate Wealth The tightened mortgage rules introduced by the federal government last year are having a negative effect on the homebuying plans of first-time buyers. That’s the finding of a survey for the On…

2017-01-09

Tighter controls on capital outflow seen partially tied to housing boom CHUCK CHIANG The Vancouver Sun Beijing is cracking down on the export of capital from China and real estate markets like Vancouver’s appear to be one inspiration …

2017-01-07

Meeting the demand in Langley Michael Bernard The Vancouver Sun   The Belmont at Heritage Project Address: 22084 Fraser Highway, Langley Project Scope:  55 condominium homes ranging from one- to three-bedroom units in a four-level…

2017-01-07

Province?s new transfer tax cooling off the luxury market in particular BETHANY LINDSAY The Vancouver Sun There has been a slow uptick in the number of foreign buyers investing in Metro Vancouver real estate, but it’s still drasticall…

2017-01-06

Ephraim Vecina Canadian Real Estate Wealth In its latest set of data releases, the Real Estate Board of Greater Vancouver revealed that sales volume in the city suffered a massive decrease of nearly 40 per cent year-over-year in December (2…

2017-01-06

Martin Rumack REM An Ontario case, Rimmer v. Building Insights Inc. , may give some comfort to potential buyers – but it probably keeps home inspectors awake at night. It features a home inspector who was ordered to pay almost $19,000…

2017-01-06

Ephraim Vecina Canadian Real Estate Wealth While Canadian real estate has long been attractive to enterprising Asians and Europeans who are looking to invest or park their wealth into overseas housing, an analyst stated that the long-runnin…

2017-01-06

Ephraim Vecina Mortgage Broker News New rules implemented by the Chinese government on those who are looking to exchange for yuans into foreign currencies might lead to a noticeable slowdown in the Canadian housing market, in which overseas…

2017-01-06

Ephraim Vecina Mortgage Broker News Climbing interest rates along with recently enacted policies intended to moderate runaway price growth will introduce a strong element of unpredictability into the Canadian housing market this year, accor…

2017-01-05

Setting the mood in South Surrey Mary Frances Hill The Province Westside at Orchard Grove Where: 16422 26th Ave., South Surrey What: 53 single-family detached homes Residence sizes and prices: 2,667 — 4,282 square feet,…

2017-01-05

Metro home-price gains among world?s highest Joanne Lee-Young The Province Metro Vancouver’s residential real estate story was a tale of two halves in 2016. There were scorching sales leading into summer, a cooling off, and then …

2017-01-05

Property assessment out of whack? Here are some steps you can take Derrick Penner The Province Now that Lower Mainland homeowners have their 2017 property assessments in hand they may have lingering questions about how those values soared s…

2017-01-05

REP The Toronto Real Estate Board says the GTA's average home price soared to $730,472 last month, up 20 per cent from December 2015. The board says strong December sales volume helped make 2016 a record year for realtor…

2017-01-05

Steve Randall REP Last year broke records in several Canadian housing markets and one Ontario region reached a milestone in achieving more than 10,000 home sales in a year. London St. Thomas Association of Realtors reported that 10,193 home…

2017-01-05

Steve Randall Canadian Real Estate Wealth   Home sales in Metro Vancouver closed out 2016 with a slump but the year was still the third best on record behind 2015 and 2005. Real Estate Board of Greater Vancouver reports that there were…

2017-01-05

Steve Randall REP While the impact of foreign buyers of Canadian real estate is inconclusive, there are certainly many buyers from the Chinese mainland who choose Vancouver and Toronto among their favourite markets. However, that could begi…

2017-01-05

Prudent to spell out details in council minutes Tony Gioventu The Province Dear Tony: Our strata council and property manager have had the habit of recording a simple ending to each council decision. MSC: motioned, seconded, carried. Severa…

2017-01-05

Justin da Rosa Mortgage Broker News These are the major storylines brokers will want to keep an eye on in 2017, according to one industry veteran. All eyes on Trump Those sick of seeing the President-elect’s shenanigans pop up in thei…

2017-01-05

REPAIR WORK: Cities prepare for more road damage because of this winter?s harsher than usual weather JENNIFER SALTMAN The Province Snow and ice aren’t the only hazards Lower Mainland drivers face this winter — potholes are also …

2017-01-05

The Province I just read the article on the new tax assessments. I took a look at the assessment online for our average, modest, 30-year-old Burnaby home. Our property assessment went up by $400,000 in one year, and as a result we have lost…

2017-01-04

72 per cent of notaries public say ?bank of mom and dad? funding bulk of first-time buyers? down payments GLEN SCHAEFER The Province In 2015, 57 per cent of B.C. notaries said first-time homebuyers typically received help with their down pa…