Real Estate News & Articles

The Impact of the B20 Stress Test on BC Home Sales in 2018

2019-07-09

Home sales across Canada plummeted to start 2018 BCREA Home sales across Canada plummeted to start 2018. The near-coincident implementation of several new federal and provincial housing policies designed to temper BC housing demand has give…

Mizrahi Developments president says Toronto's condo market is buoyant

2019-07-09

Sam Mizrahi bullish on Toronto condos Danny Kucharsky REM Mizrahi is currently developing The One, an 85-storey luxury condo, hotel and retail development at Yonge and Bloor streets that will stand at more than 1,000 feet, making it second …

Vancouver has joint-hottest office market in North America: report

2019-07-09

Office vacancies in Vancouver at 2.6 per cent Joannah Connolly Western Investor Vancouver has been declared the joint-hottest office market in North America, along with Toronto, with downtown office vacancy rates plummeting, according to a …

Can the First-Time Home Buyer Incentive Be Used in Vancouver?

2019-07-09

Metro Vancouver Areas That Will Most Benefit From the First-Time Home Buyer Incentive Penelope Graham other The First-Time Home Buyer Incentive (FTHBI) has been highly scrutinized since it was first announced by the federal govern…

Can the First-Time Home Buyer Incentive Be Used in Vancouver?

2019-07-09

Metro Vancouver Areas That Will Most Benefit From the First-Time Home Buyer Incentive Penelope Graham other The First-Time Home Buyer Incentive (FTHBI) has been highly scrutinized since it was first announced by the federal govern…

Can the First-Time Home Buyer Incentive Be Used in Vancouver?

2019-07-09

Metro Vancouver Areas That Will Most Benefit From the First-Time Home Buyer Incentive Penelope Graham other The First-Time Home Buyer Incentive (FTHBI) has been highly scrutinized since it was first announced by the federal govern…

Launch date and other info about First Time Home Buyer Incentive

2019-07-08

FTHBI available September 2019 Steve Randall Canadian Real Estate Wealth The federal government’s plan to boost Canadian homeownership among middle class families now has an expected launch date. The First Time Home Buyer Incentive is…

Even starter condos are tough to sell in Vancouver right now

2019-07-08

Studio condo sales decreased 27% in june Josh Sherman Livabl It looks like the Vancouver housing market’s collapse is as wide as it is deep. While the market’s slowdown is perhaps most apparent in the detached-home segment, it&r…

The Awesome Appeal of Pre-Sale Condos

2019-07-08

Find out what makes pre-sale condos so irresistible Kara Kuryllowicz REW Across Canada, consumers are drawn to the slick billboards that adorn empty lots and construction sites because they’re afraid of missing out on the next best co…

The News 34375 Gladys Avenue Abbotsford 282 homes in two 6 storey buildings by Elevate Development Corp

2019-07-06

The News takes an iconic Abbotsford location Kathleen Freimond The Vancouver Sun The News Project address: 34375 Gladys Avenue, Abbotsford Developer: Elevate Development Corp. Architect: Atelier Pacific Architecture Interior designer: BAM I…

Vancouver council continues Vision's crisis management of development

2019-07-06

Vancouver was established on a grid pattern to serve separate and distinct neighbourhoods Elizabeth Murphy The Vancouver Sun Vancouver was established on a grid pattern of arterials for streetcars (replaced by trolley buses) to serve separa…

Victoria council eyes rezoning 500 buildings into forever rentals

2019-07-06

Responds David Hutniak, CEO of Landlord B.C.: 'This is a down-zoning. Some of our members call it expropriation.' Bill Cleverley The Vancouver Sun A sweeping zoning change under consideration by Victoria council to ensure purpose-built rent…

Advances in mortgage tech should keep humans in the loop

2019-07-05

Future technology should always incorporate the personal element Ephraim Vecina Mortgage Broker News While technology has proven to be a massive boon to the mortgage industry, Dominion Lending Centres accredited mortgage professional Eitan …

The owner of 1138 Matthews Avenue fighting vacancy tax bill

2019-07-05

Owner of $12.5-million Shaughnessy home goes to court to fight $128,000 vacancy tax bill Keith Fraser The Vancouver Sun Sau Po Wong, a retired businessman, says that in February 2018, he completed and submitted to the city his property stat…

Home sales remain well below historical levels in the Fraser Valley

2019-07-05

Fraser Valley home sales lowest since 2000 Steve Randall Canadian Real Estate Wealth Home sales in the Fraser Valley totaled 1,306 in June, the second lowest for the month since 2000. It meant that sales lagged the 10-year average for June …

Victoria's residential market posts a subdued performance in June

2019-07-05

June sales lower the May in Greater Victoria Ephraim Vecina Canadian Real Estate Wealth Despite stronger sales on an annual basis, Victoria’s real estate market performance last month remained muted in the greater scheme of things. Ov…

Blockchain for real estate is taking very slow steps to success

2019-07-05

FIBREE slow to be embraced for real estate Steve Randall REP Blockchain is being hailed as the future of everything from legal services to healthcare but while some industries are already embracing the technology, real estate is taking thin…

The $22.5 billion drop: Figures show Vancouver real estate coming 'back to reality,' realtor says

2019-07-05

Vancouver's housing market has been on 'on a bender,' professor says, 'and after that bender will come a hangover.' Dan Fumano The Vancouver Sun With the first half of 2019 in the books, local realtor Barry Magee reviewed sales data from th…

The mansion owner at 1138 Matthews Avenue, listed by Sonja Pedersen of Remax Crest Realty, is fighting the vacant home tax

2019-07-05

Mansion owner claims he missed $128K empty homes tax bill because he was out of the country Jason Proctor CBC Radio The owner of a multi-million dollar Vancouver mansion claims he missed a deadline to fight a $128,310 empty homes tax bill b…

Toronto condo apartment rentals up 15% in June

2019-07-05

Q2 apartment rental listings up Steve Randall REP The strength of the economy and labour market in the Greater Toronto Area is boosting rental activity. Toronto Real Estate Board reports a 14.9% year-over-year increase in condo apartment re…

Vancouver housing falls further while Toronto prices climb higher

2019-07-05

BMO Senior Economist compares trends in the two markets, primarily focusing on prices Josh Sherman Livabl The housing markets in Toronto and Vancouver are on very different paths, new commentary from an economist with one of Canada’s …

Vancouver home sales post weakest June in almost 20 years

2019-07-04

Home sales still weak for June in Metro Vancouver Steve Randall Mortgage Broker News Home sales remain weaker than usual in the Metro Vancouver with June posting its lowest total since 2000. The Real Estate Board of Greater Vancouver says t…

Condo Smarts: No one answer to water damage issues

2019-07-04

No one answer to water damage issues Tony Gioventu The Province Dear Tony: We are confused about the responsibility for repairing a strata lot when there is a minor leak causing damage. For example, a bird nest plugged one of our drains, re…

Boardwalk 19 three bedroom townhomes at 4294 Wolf Way Tsawwassen by Aquilini TFSI Development

2019-07-04

Developer unveils 15-hectare master mix of single-family homes, townhomes in Tsawwassen Barbara Gunn The Province With Tsawwassen Shores, Aquilini Development has had a long-established residential presence in the South Delta community. And…