Real Estate News & Articles

2014-11-04

Jamie Henry Other A new quarterly report from Desjardins says that Vancouver is Canada’s least affordable market currently, due to house prices relative to income. Overall the ability of Canadians to afford property has dipped slightl…

2014-11-04

General shortage of liquid assets means any future recession or wave of job losses could result in flood of homes on the market and drive down prices, CMHC chief economist warns Housing Outlook Conference Joannah Connolly Other Canadians ne…

2014-10-31

Dan St. Yves Other Eventually, screenwriters find a way to work every subject into a movie. Go ahead, think about it – love, war, Spring Break, zombies…Heck, even warring zombies in love on Spring Break. There’s probably …

2014-10-30

New home supply, MLS resales and prices to edge only slightly higher over the next two years as market remains balanced, according to CMHC's 2015 BC Housing Market Outlook Joannah Connolly Other BC housing starts are forecast to reach 28,30…

2014-10-23

For first-time buyers, a condo seems the only way to get on the property ladder – but would a townhouse be a better bet? Real estate agent Barry Magee offers advice Barry Magee Other There are so many things to factor into the equatio…

2014-10-23

The sale of an 8,250-square-foot (766 square metre) lot in Vancouver’s Coal Harbour for $13.1 million is considered a record price paid for a condominium ... Frank O'Brien Other The sale of an 8,250-square-foot (766 square metre ) lot…

2014-10-16

Jamie Henry Other TORONTO - A new report suggests that Canadian homeowners are paying down their mortgages faster than they're being given credit for. CIBC deputy chief economist Benjamin Tal says homeowners are taking advantage of record-l…

2014-10-16

Jamie Henry Other The rise in house prices has begun to ease according to the latest survey from Royal Le Page. The figures show that house prices increased year-over-year up to the third quarter of this year. Condos were at the bottom end …

2014-10-16

Jamie Henry Other Despite a positive year-over-year result, national home sales were down in September; the first monthly decline since January. New figures from the Canadian Real Estate Board show that nationally in September there was a d…

2014-10-11

Greg Quinn Other Canadian concerns about a housing bubble are overblown in a country where credit growth is modest and the job market is stable, says Bank of Nova Scotia Chief Executive Officer Brian Porter. “Bubble is perhaps the mos…

2014-10-10

Iain Marlow And Brent Jang Other Qiqi Hong walks past her sleek, blue-tiled hot tub and an infinity pool that seems to disappear like a waterfall into the chilly air above West Vancouver. She leans on the patio railing and breathes in the m…

2014-10-09

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2014-10-09

Tallying the winners and losers of Vancouver’s Olympic Village deal Jen St. Denis and Frank O

2014-10-09

Tara Perkins Other More money was spent renovating homes in Canada than building new ones during the 12 months to the end of June, according to data compiled by the Bank of Montreal. “In the four quarters through [the second quarter],…

2014-10-08

BCREA ECONOMICS NOW Other New home construction in Canada held relatively steady in September, rising a slight 0.5 per cent to 197,343 units at a seasonally adjusted annual rate (SAAR). The six-month trend in Canadian housing starts of 197,…

2014-10-08

Jamie Henry Other Following three months of double-digit increases in the number of building permits issues by municipalities across Canada there was a drop in August. According to the latest data release from Statistics Canada the decline …

2014-10-08

Mike Bird Other Sorry, America. China just overtook the US to become the world's largest economy, according to the International Monetary Fund. Chris Giles at the Financial Times flagged up the change . He also alerted us in April that it w…

2014-10-07

Of these 28 lead-generation tactics, each can be effective on its own – but when intelligently used together can be very beneficial Kevin Lynch Other In the course of my work as a real estate skills trainer, I have identified 28 proac…

2014-10-07

BCREA ECONOMICS NOW Other The value of Canadian building permits fell 27.3 per cent in August . Prior to Augusts's decline, building permits had posted double-digit increases for three straight months. Lower construction intentions were pri…

2014-10-07

After driving Canada’s record-high building permit values in July, Vancouver and BC’s residential construction permits plummet in August Joannah Connolly Other Following huge gains in the value of residential building permits is…

2014-10-07

Once you've found your new home, then comes the seemingly tricky bit of lawyers, notaries, searches and contracts. Richard Bell of Bell Alliance explains that it's really quite simple Richard Bell B.A. LL.B Other So, working with your Realt…

2014-10-03

Other The US economy added 248,000 jobs in September while previous months job growth was revised higher by 69,000 jobs. Over the past 3 month, US payroll growth has averaged 223,000 jobs. The US unemployment rate fell to 5.9 per cent, the …

2014-10-03

BCREA Other Minister of Finance Mike de Jong has made it clear that there’s no room in the provincial budget for new spending. In fact, that’s been the message of his office for several years, and BCREA respects this fiscally-pr…

2014-10-02

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