Real Estate News & Articles

2016-11-03

Following proper process is key Tony Gioventu The Province Dear Tony:  Our Kelowna strata complex actively fines owners whenever there is a violation of bylaws — from parking in the wrong spot to late payment of strata fees to th…

2016-11-03

Seasons showcases unique touches Mary Frances Hill The Province Seasons Where: 5460 Broadway, Burnaby (Broadway townhomes: 5418 — 5498 Broadway, Burnaby; Lougheed townhomes: 5413 — 5493 Lougheed Highway, Burnaby) Project si…

2016-11-02

Ephraim Vecina Mortgage Broker News Canadian real estate will not suffer from a crash anytime soon despite the expected moderating influence of last month’s new federal mortgage rules, according to a recent analysis by Moody’s. …

2016-11-02

REP The Real Estate Board of Greater Vancouver says home sales plunged 38.8 per cent last month compared with October 2015. The board says 2,233 properties were sold in October of this year, down from the 3,646 home sales recorded in the sa…

2016-11-02

Project one of first in North America to put multi-uses on the same site Evan Duggan The Vancouver Sun Sales have begun for the commercial component of a mixed-use residential-industrial project on East Hastings Street that the develop…

2016-11-01

Justin da Rosa REP Broker fears were confirmed Tuesday, with one big bank raising its prime rate less than a month following new mortgage rules. TD Canada Trust announced in a note to brokers Tuesday that it is changing its mortgage rates, …

2016-11-01

Steve Randall REP Five housing markets have been identified as the ones to watch in the coming year but not all of them are listed for positive reasons. As well as current hot markets of Vancouver and Toronto, a new survey by the Urban Land…

2016-10-31

Justin da Rosa REP Lenders were caught off guard by recent mortgage rules changes, according to one professional who claims deals are being delayed. “Every single lender is behind dealing with the changes and most of them got caught b…

2016-10-31

Justin da Rosa Canadian Real Estate Wealth Condo managers are already cracking down on Airbnb rentals prior to the expected regulation in Toronto. The city is currently reviewing the impact short-term rentals such as Airbnb have on Toronto …

2016-10-31

Justin da Rosa Mortgage Broker News Vancouver’s foreign buyer tax is encouraging those investors to look outside the lower mainland, according to one report. Foreign investment is having a growing influence in Kelowna and the Okanagan…

2016-10-29

Huge City of Lougheed to rise on 40-acre-site in Burnaby Michael Bernard The Vancouver Sun Project: The City of Lougheed Project Address: 9855 Austin Road, Burnaby Project Scope: A total of 500-plus one-, two- and three-bedroom homes contai…

2016-10-28

And if you just missed out the first half-dozen times, it?s for sale again Joanne Lee-Young The Vancouver Sun   There is a single-family home at 5387 Cypress Street, not far from where Shaughnessy hits 41st Avenue, that has been bought…

2016-10-28

Justin da Rosa REP he Crown Corporation finalized its latest forecast prior to the announcement of the recent mortgage rule changes – but would those changes have altered its outlook? Not materially, it turns out. “(The mortgage…

2016-10-28

Ephraim Vecina REP With his duties beginning this week, British Columbia’s new superintendent of real estate promised sweeping changes in the regulation of the province’s housing industry, with a focus on eliminating unethical p…

2016-10-28

Justin da Rosa Canadian Real Estate Wealth What’s a building science specialist? Someone who will make sure you don’t take a bath on your condo investment. We spoke with one who told us the key things to consider before investin…

2016-10-28

Dennis McCloskey REM When U. Gary Charlwood immigrated to Canada from England 50 years ago as a young man and got a job in the airline business, little did he know he’d end up spending more than four decades enjoying a high-flying car…

2016-10-28

Justin da Rosa Mortgage Broker News The fear following Vancouver’s 15% foreign sales tax was that those buyers would be pushed to Toronto. Has that happened? The answer may soon be available. Urbanation released a survey of condo fore…

2016-10-28

Ephraim Vecina Mortgage Broker News A hodgepodge of factors contributed to the current state of Canadian real estate, which has seen an increasing number of affordability refugees fleeing from the hottest markets.   Bank of Nova Scotia…

2016-10-27

Up-to-date forms a must ? Tony Gioventu The Province Dear Tony: We put an offer in on a condo two weeks ago and requested a Form B Information Certificate.   The strata we are looking at was built in 2008, and has a rental bylaw t…

2016-10-27

Polygon?s designers deliver a sense of dramatic artistry and balance to rooms at Fulton House ? Mary Frances Hill The Province Project:  Fulton House Where : 2338 Madison Ave., Burnaby What:  296 one- and two-bedroom homes plus se…

2016-10-27

It?s time for senior levels of government to step up, writes Gregor Robertson Gregor Robertson The Vancouver Sun Vancouver Mayor Gregor Robertson, centre, says much progress has been made on affordable housing but the city needs a ?dramatic…

2016-10-27

Steve Randall REP The number of homes left vacant or occupied by foreign students or temporary residents in Vancouver increased over a decade, according to a study by the acting director of SFU’s City Program. Andy Yan, an urban plann…

2016-10-27

Mike Wilcox other It’s been a week since the new rule changes have taken effect and it seems the biggest concern for Canadians revolves around the new qualifying requirements for new insured mortgages (less than 20% down payment). Bor…

2016-10-27

B.C.'s remote 'best kept secret' ponders new link Brian Hutchinson The Vancouver Sun A B.C. ferry surrounded by fog in Howe Sound. Mark van Manen/PostmediaA The marina at Gibsons, B.C. Jodie McKague/Postmedia/File GIBSONS, B.C. — It&r…