Real Estate News & Articles

12,000 BC rental homes could be stifled by regulation

2018-11-22

BC government may introduce rent controls Steve Randall Canadian Real Estate Wealth The introduction of new regulations in British Columbia could lead to a delay or cancellation of thousands of new rental homes. A total of 19,972 homes are …

Landlords may allow tenants to run for council

2018-11-22

Owners may assign a tenant to council Tony Gioventu The Province Dear Tony: Is a tenant permitted to be elected to strata council? Our strata corporation has struggled to elect the minimum number of council members and at our AGM in October…

Belle Isle 88 stacked townhomes at 2060 Curling Road North Vancouver by Citimark

2018-11-22

Walkability key to the appeal of Belle Isle Simon Briault The Province Belle Isle What: 88 homes with one, two or three bedrooms; there are also three-bedroom plus den options available Where: : 2060 Curling Road, North Vancouver Residence …

Vancouver project promises 6 decades of affordability

2018-11-22

Conrad by Cressey a CMHC rental building Ephraim Vecina Canadian Real Estate Wealth In its announcement earlier this week, the CMHC introduced the latest project to benefit from its Rental Construction Financing initiative: Conrad by Cresse…

What is blockchain? Everything you need to know about the technology

2018-11-22

Emanuela Campanella other WATCH: Why blockchain is more than Bitcoin. Everything you need to know about the technology You’ve probably heard it before:  blockchain is here to stay, and it’s going to revolutionize the way we…

1450 West Georgia 49-storey highrise proposed with 162 rental units and 187 condos by Wesgroup

2018-11-22

Wesgroup reveals designs for tree-inspired tower to go alongside several others slated for 1400-1500 blocks in Coal Harbour Joannah Connolly Western Investor Developer Wesgroup has revealed plans for a 49-storey tower at 1450 West Georgia S…

Notable weakness observed in Western Canada - CREA

2018-11-21

Western Canada experienced most declines in housing demand Ephraim Vecina Mortgage Broker News Western Canada experienced the most notable declines in housing demand last month, according to new data from the Canadian Real Estate Associatio…

B.C.'s anti-laundering drive goes online

2018-11-21

Concerned citizens can report illegal laundering Ephraim Vecina Mortgage Broker News As the latest step in its anti-money laundering initiative, the B.C. government has launched an anonymous tip platform available to concerned citizens who …

B.C. gov't has yet to make good on affordability commitments

2018-11-21

Home prices have gone down but affordability still an issue Ephraim Vecina Canadian Real Estate Wealth While B.C.’s home prices have shown signs of going down in recent months, a market observer has argued that firmer action from the …

Inventory glut and government intervention slow Vancouver

2018-11-21

Vancouver rentals below 1% Neil Sharma Canadian Real Estate Wealth Vancouver’s multifamily housing sector is experiencing a glut of inventory, but with low yields and high buy-ins, investors have taken a step back. A report from Marcu…

Commercial, multifamily originations pull back amid higher rates

2018-11-20

Borrowing and lending decrease 3% in Q3 Francis Monfort other Commercial and multifamily originations slowed during the third quarter on year-over-year and quarter-over-quarter bases amid a pullback in lending activity across most property …

BC makes it easier to report real estate money laundering

2018-11-20

B.C.'s anti-laundering drive goes online Steve Randall REP The war against those who use British Columbia’s real estate industry to launder illegally-gained funds has a new weapon. The province’s attorney general has announced a…

Housing market slowdown dragging on B.C. economy: report

2018-11-20

Forecast blames expected contraction in B.C.?s economic growth in 2019 squarely on reduction in residential real estate market activity Joannah Connolly Western Investor A predicted reduction in B.C.’s economic growth next year is bei…

Experts weigh in: 20+ cybersecurity guidelines for individuals and SMBs

2018-11-19

Why you should choose to care about online security other Reports show that 70 to 90 percent of cyber attacks are against individuals and small and medium businesses (SMBs). For every small and medium business (SMB) that has not been the ta…

Is blockchain the sleeping giant of commercial real estate?

2018-11-19

Blockchain is best known as the underlying technology for cryptocurrences Steve Randall Canadian Real Estate Wealth Blockchain is perhaps best known as the underlying technology for cryptocurrencies including Bitcoin but many industries are…

1 in 4 Canadians are in subprime or near-prime credit categories

2018-11-19

Canadians concerned about their credit score Steve Randall Canadian Real Estate Wealth A quarter of Canadians are in subprime or near-prime credit categories, which is adding to their fears of checking their credit score. While 96% say they…

Here's what happened in the BC housing market in October

2018-11-19

The market was balanced in October Josh Sherman other BC’s housing market was balanced in October, as demand was subdued and listings remained elevated, a monthly update from the British Columbia Real Estate Association (BCREA) sugges…

Vancouver's tenants and their single-family home dreams

2018-11-18

If price not an issue, single-family home preferred Ephraim Vecina Canadian Real Estate Wealth The affordability crunch in Vancouver has pushed rental apartments and condo units to the fore as the budget choice for young families – bu…

EagleView Heights 12 buildings with 6 units per building at 464 Eaglecrest Drive Gibsons by TCD Development Group

2018-11-17

Homes will be but a stroll from Gibsons? shops, restaurants and waterfront MatthewFlemming The Vancouver Sun EagleView Heights, a new collection of oceanview condominiums and townhomes by TCD Development Group, addresses a specific housing …

Victoria at Burke Mountain 1221 Rocklin Street Coquitlam 131 three and four bedroom row homes by Mosaic

2018-11-17

The vibe is warm and inviting at Mosaic?s Victoria at Burke Mountain Michael Bernard The Vancouver Sun Victoria at Burke Mountain Project Address: 1221 Rocklin St., Coquitlam Project Scope: A total of 131 three- and four-bedroom Tudor-style…

Home prices fell last month except in one area

2018-11-16

Vancouver home prices fell 0.8% Steve Randall Canadian Real Estate Wealth A leading measure of Canadian home prices declined in October nationwide although one housing market bucked the trend. The Teranet-National Bank National Composite Ho…

Balanced conditions remain for BC markets

2018-11-15

Cooler home sales remained in October Steve Randall Canadian Real Estate Wealth Cooler conditions for British Columbia’s home sales remained in October as the impact of mortgage regulations continue to impact the market. Sales were do…

No easy answer on what constitutes 'average' strata fees

2018-11-15

Little clarity on 'average' strata fees Tony Gioventu The Province Dear Tony: Thank you for your column a few weeks ago regarding the obligation to maintain common property. We spoke to our property manager regarding the walkways and drivew…

Ovation 813 Carnarvon Street New Westminster 204 one, two and three bedroom homes by Domus Homes

2018-11-15

At 32 storeys, Ovation is sure to attract attention Kathleen Freimond The Province Ovation What: 204 one-, two-, and three-bedrooms and two-level ‘city’ homes Where: 813 Carnarvon Street, New Westminster Residence size and price…