Real Estate News & Articles

COURT 153 homes at 2814 Gladwin Road two 6 storey buildings by Heinrichs Developments

2019-01-10

Heinrichs Developments project takes a location in the heart of downtown Abbotsford Simon Briault The Province Court What: 153 homes Where: 2814 Gladwin Road Residence size and prices: approximately 600 to 1,750 square feet. Prices start at…

Montreal prices accelerate as sales reach new record

2019-01-10

Single-family home reaches $327,450 in Montreal Ephraim Vecina Canadian Real Estate Wealth Home prices in Montreal continued to grow as sales reached new heights last month, according to the Greater Montreal Real Estate Board. The median pr…

Disruption from adopting new tech is inevitable, but it can be managed

2019-01-09

Capable management key to adopting new technology Ephraim Vecina REP Adopting a new technology into the operations of a brokerage often comes with the promise of greater efficiency, but introducing such a disruptive factor into an establish…

Montreal closes out 2018 with a new record high

2019-01-09

December best month for sales ever Steve Randall REP December was a busier-than-usual month for real estate agents in the Greater Montreal CMA, concluding 2,825 sales. Greater Montreal Real Estate Board data from the Centris database shows …

Bank of Canada announces interest rate decision

2019-01-09

BoC left interest rate unchanged REP The Bank of Canada left its trend-setting interest rate unchanged at 1.75% on Wednesday as the sharp decline in oil prices temporarily dims its economic outlook for the coming months. Before long, howeve…

Canadians view murkier fiscal, economic prospects in 2019

2019-01-08

In 2019 60% feeling good about economy Ephraim Vecina REP Fiscal anxiety is the running theme among a significant proportion of Canadians going into 2019, with less than 60% feeling good about the national economy this year, according to th…

Radon: what you need to know

2019-01-08

Radon the invisible killer Canadian Real Estate Wealth Any property can have a radon problem – old or new, well sealed or drafty, with or without a basement. Health Canada estimates that one out of every 14 homes in Canada has an elev…

Fraser Valley home sales hit 5-year-low last year

2019-01-08

Fraser Valley Real Estate Board?s MLS saw 15,586 sales in 2018 Steve Randall Canadian Real Estate Wealth Home sales in the Fraser Valley have been above 20,000 for 3 consecutive years but that run was broken in 2018. Fraser Valley Real Esta…

I'm grateful for these 5 things in the real estate industry

2019-01-07

Five things I am especially grateful for Mark Weisleder REM As we enter the new year, it is always a good idea to reflect on the past year and recognize all that is good in our industry. Here are five things I am especially grateful for. 1.…

Toronto posts 16% decline in sales for 2018

2019-01-07

Toronto Real Estate Board says that over the year new listings were down Steve Randall REP Realtors in the Greater Toronto Area reported a total of 77,426 home sales through the MLS in 2018, down 16.1% from 2017. Toronto Real Estate Board s…

Vancouver home sales fall to lowest point since 2000

2019-01-07

Home sales in Metro Vancouver plummeted to their lowest level in nearly two decades Canadian Real Estate Wealth Home sales in Metro Vancouver plummeted to their lowest level in nearly two decades last year and the average home price moved l…

How to launch a real estate career

2019-01-07

What new or soon to be real estate agents need to know Brandon Hindle REM If you’re thinking about becoming a real estate agent, or you’re a new agent, you will realize quickly that real estate isn’t the “easy money&…

"Affordable" rents demand taxpayers reach deep in Metro Vancouver

2019-01-07

An East Vancouver rental project will be paid by taxpayers Western Investor Conrad: $40.2 million taxpayer subsidy for 66 ?affordable? Vancouver rentals works out to more than $600,000 per suite. | SUBMITTED A new joint venture will see tax…

Chilliwack brews up a strong economy on Metro Vancouver's edge

2019-01-07

Eighty-minute drive from Vancouver reveals a community with affordable homes and an expanding commercial and industrial base Western Investor Chilliwack is 102 kilometres east of Vancouver but light years away when it comes to affordable ho…

FINTRAC Publishes its First Assessment on Terrorist Activity Financing

2019-01-04

FINTRAC today published its Terrorist Financing Assessment: 2018 other The assessment is the first of its kind in Canada and part of FINTRAC’s broader commitment to helping businesses comply with their obligations under the Proceeds o…

Vancouver home sales fall to lowest yearly total in 18 years, detached home prices drop

2019-01-04

Vancouver home sales fall to lowest in 18 years Tiffany Crawford The Province In 2018, Metro Vancouver home sales were the lowest in 18 years, according to the Real Estate Board of Greater Vancouver. The board’s report, released …

Metro condo market at odds with gains in property assessment

2019-01-04

Cooling Metro Vancouver condo market at odds with gains in property assessment Derrick Penner The Province Condominium owners in Metro Vancouver are opening up 2019 property-assessment notices showing increases in value from a year ago. But…

Home sales plummet in the Tri-Cities

2019-01-04

Sluggish transaction volumes putting downward pressure on real estate values, says REBGV president Phil Moore Gary McKenna other The last time home-sale numbers in Metro Vancouver were this low, Destiny's Child was topping the charts and Gl…

Fraser Valley can expect "modest" tax assessment change

2019-01-03

The 2019 assessment notices from BC Assessment are based on July 2018 values Steve Randall Canadian Real Estate Wealth The property assessments of more than 494,000 properties in the Fraser Valley are in the mail. The 2019 assessment notice…

Clarity needed on possible change to rental bylaws

2019-01-03

Clarity needed on rental bylaws Tony Gioventu The Province Dear Tony :  Our strata is a 12-unit townhouse complex in Coquitlam built in 2002. We are deeply concerned by the government planning to remove rental restriction bylaws from c…

B.C.'s five most expensive neighbourhoods

2019-01-03

Most valuable homes in province are in Kitsilano, Point Grey and Shaughnessy David Carrigg The Province Chip Wilson?s Kitsilano house is a grey concrete structure with an assessed value of $73.12 million, the most expensive home in the prov…

Some Metro homes see decline in assessed value

2019-01-03

Assessments on condos rising more rapidly than detached homes in city of Vancouver David Carrigg & Derrick Penner The Province The assessment authority, this week, started mailing 2019 property assessments to owners, based on market values …

Real estate is poised for a tech disruption in 2019

2019-01-03

From smartphone apps to remote share screens REP From smartphone apps like Loom, which allows realtors to remotely share screens and presentation slides with clients, to digital signatures that can be sent verified with phones and tablets, …

Metro Vancouver home sales decline below historical averages in 2018

2019-01-03

Metro Vancouver home sales in 2018 were the lowest annual total in the region since 2000. REBGV other The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties reached 24,619 on the…