Real Estate News & Articles

2016-12-06

Juwai other 6 million Chinese travelled overseas during Chinese New Year 2016 , spending an estimated ¥90 billion ($13 billion) abroad. Given the 4.3% growth in outbound tourists from China tracked in H1 2016 2 , one can expect a larger…

2016-12-05

BCREA The Vancouver Sun The BCREA Commercial Leading Indicator (CLI) increased 0.48 index points to 122.7 in the second quarter of 2016, in spite of a modest pull-back in economic activity throughout the third quarter. The CLI index is up 2…

2016-12-05

B.C.'s plan provides 1,354 subsidized units, but there are 5,740 low-income seniors on wait list KIM PEMBERTON The Province John Young, 69, lives in B.C. Housing temporary accommodation in Burnaby. He lived on the street for a week while tr…

2016-12-03

Myriad options on offer at Miracon's Westside Shawn Conner The Vancouver Sun Project name: Westside at Orchard Grove Project location: 16422 26th Ave., South Surrey Project size: 53 single-family detached homes Residence size: 2,667 —…

2016-12-03

New Coast Realty fined for unlicensed services SAM COOPER The Vancouver Sun New Coast Realty, a fast-growing Richmond-based real estate firm, has been fined $7,500 by B.C.’s Real Estate Council two years after an auditor discovered th…

2016-12-02

Ephraim Vecina Mortgage Broker News Citing recently collected data, the Canada Mortgage and Housing Corporation announced on Wednesday (November 30) that foreigners represented only a miniscule segment of home owners in the country’s …

2016-12-02

Ephraim Vecina Mortgage Broker News The latest numbers from the Canada Mortgage and Housing Corporation support its CEO’s recent assertion that foreign ownership plays only a minor role in the record-breaking price increases in the co…

2016-12-02

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2016-12-02

JENNIFER SALTMAN The Province Starting at noon Friday, transit users will finally be able to travel to Port Moody and Coquitlam quickly and easily on the new Evergreen line. “We’re excited to open the Evergreen extension and we …

2016-12-02

But 96% of institutional investors surveyed in 25 countries believe they can beat their benchmarks JONATHAN RATNER The Vancouver Sun Low returns and market volatility topped the list of concerns in Fidelity Investments’ annual survey …

2016-12-01

Lindsay Kines The Vancouver Sun VICTORIA — Housing sales to foreign buyers more than doubled in Greater Victoria from September to October, prompting the B.C. government to increase its scrutiny of the region’s real estate marke…

2016-12-01

Tribunal to help resolve strata disputes Tony Gioventu The Province “How do we get our council to….” This is the opening line to the many thousands of emails and letters our offices receive every month. Ever since the fir…

2016-12-01

Shapes provide building blocks for decor of Onni Group?s townhomes in Abbotsford Mary Frances Hill The Province Allwood Place Where:  2800 Allwood St., Abbotsford What:  A master-planned community of 224 townhomes, with the first …

2016-12-01

Dan Fumano & Joanne Lee-Young The Province When home prices are on the rise, there are few foreclosures. Owners not able to make mortgage payments can easily sell or refinance to get themselves out of a bind. When prices fall, how…

2016-12-01

Chinese buyers will put an estimated $220 billion into overseas property by 2025 Juwai other However, while education, emigration, and lifestyle opportunities are driving property sales abroad, Chinese buyers put safety at the top of their …

2016-12-01

Steve Randall REP The share of foreign ownership of Canadian condos remains low, CMHC says, with Toronto at 2.3 per cent and Vancouver at 2.2 per cent; both markets saw a lower share than 2015. “Foreign ownership is just one factor in…

2016-12-01

BCREA other Download Document

2016-12-01

Don?t blame affordability crisis on just foreigners, CMHC says Peter O'Neil The Vancouver Sun It is convenient but wrong to blame foreign buyers for Vancouver’s housing affordability crisis, the head of Canada’s housing authorit…

2016-12-01

Mortgages and consumer debt now in the spotlight in mixed results year ? BARBARA SHECTER The Vancouver Sun It was a mixed year-end for Canada’s biggest banks, with two beating analyst expectations with fourth-quarter financial re…

2016-11-30

Industry association?s chief economist points to foreign buyer tax as one factor DAN FUMANO The Province Following a year of double-digit increases, the B.C. Real Estate Association is predicting average home sales prices will drop by as mu…

2016-11-29

Main Streets Across the World Report Evan Duggan The Vancouver Sun In this year's rankings, Robson Street trailed only the top streets in New York, Chicago, San Francisco, Miami, Toronto and Washington. NICK PROCAYLO / Vancouver Sun Vancouv…

2016-11-28

Bob Van Voris other Airbnb Inc. settled its lawsuit against New York state over a new law restricting short-term rentals, with both sides agreeing that New York City, not the state, is responsible for enforcing it. Airbnb and New York Attor…

2016-11-28

Chuck Chiang The Vancouver Sun Downtown Vancouver’s retail market continues to be the strongest in Canada, but among the sea of strength may be pockets of weakness and a risk from increased competition. According to the latest fi…

2016-11-26

?This is as close to Vancouver as you can get without paying Vancouver prices? ? SIMON BRIAULT The Vancouver Sun Triomphe Project location: Gilmore Avenue and Halifax Street, Burnaby Project size: 340 homes, one — four bedrooms (inclu…