Real Estate News & Articles

Canadian housing affordability at 30-year-low says RBC

2018-10-01

A report shows affordability at lowest in Q2 2018 Steve Randall REP Canada’s housing affordability is at its worst level since 1990 and its going to get worse. A newly report from RBC Economic Research shows that its aggregate housing…

This new program could be worth $14K for homeowners

2018-10-01

EfficiencyBC will provide funds for energy efficient upgrades Steve Randall REP A new $24 million program has been launched in British Columbia to reward homeowners who improve their homes’ energy efficiency. EfficiencyBC and its part…

The disruptors are knocking

2018-10-01

High tech in real estate on the way Christopher Alexander REM Technology has disrupted virtually every service industry, from banking and retail, to taxis and travel. You’d be hard-pressed to find someone who hasn’t used Uber, A…

Holywell Properties offers sold prices online in Vancouver

2018-10-01

Interactive map provides years of MLS sold Prices REM Vancouver brokerage Holywell Properties is now putting sold prices online for homes sold through the MLS systems of Greater Vancouver, the Fraser Valley and Chilliwack and area on its we…

Winona on Cambie 7638 Cambie Street 38 studio, one, two and three bedroom homes in a six-storey building by Raichu Development Group

2018-09-30

At Winona on Cambie, there are plenty of eye-catching elements Michael Bernard The Vancouver Sun Project:  Winona on Cambie Project location: 7638 Cambie St., Vancouver Project Scope: 38 studio, one-, two- and three-bedroom homes,…

Purchasers: You are what you sign

2018-09-30

Legally speaking BCREA Chris Johnston BCREA When dealing with consumers, licensees will encounter those who do not read, write or speak English well, or even at all. While licensees are required to be proficient in English as a part of beco…

BC government to end "Wild West" real estate market

2018-09-28

B.C. launches new money-laundering review in real estate sector Steve Randall REP Money laundering in real estate and other sectors is the focus of a new two-pronged probe by British Columbia. The provincial government announced Thursday th…

Greater Vancouver sold data available online for the first time ever

2018-09-28

Sold prices for Greater Vancouver properties are now available online Ephraim Vecina REP Sold prices for Greater Vancouver properties are now available online for the very first time, licensed brokerage Holywell Properties announced yesterd…

Luxury market gets boost from thriving industry

2018-09-28

Toronto?s luxury housing market doing well Neil Sharma REP Toronto’s luxury housing market is officially out of the doldrums. That’s according to Sotheby’s International Realty Canada’s President and CEO Brad Henders…

B.C. launches new money-laundering review in real estate sector

2018-09-28

Warning signs lead to real estate investigation Rob Shaw The Province B.C. has ordered a new review of the real estate, luxury automobile and horse racing sectors over worries they’ve been used by criminals to launder illegal money. A…

Vancouver's about to get its tallest tower yet

2018-09-27

The Stack is one of the most-forward thinking office projects in Vancouver Steve Randall REP Vancouver’s skyline will reach new heights in 2022 as The Stack becomes the city’s tallest ever tower. Built by Oxford Properties Group…

Chat room risks outweigh benefits

2018-09-27

Strata council may encounter problems that will fuel conflicts, face potential lawsuits Tony Gioventu The Province Dear Tony: Two of our strata council members started a Facebook page in 2016 and it has been nothing but a source of conflict…

Kentwell 124 townhomes at 3500 Burke Village Promenade Coquitlam by Polygon Kentwell Homes Ltd

2018-09-27

At Kentwell, the design cues are stylish and comfortable Simon Briault The Province Kentwell What: 124 four-bedroom townhomes Where: 3500 Burke Village Promenade, Coquitlam Residence size and prices: 1,496 to 2,239 square feet, from $818,90…

Buyers retreat from Metro Vancouver housing market over new taxes

2018-09-26

A report from realtor Sotheby's International Canada finds that the slowdown in Vancouver real estate is across all housing types. Derrick Penner The Vancouver Sun Housing sales in the City of Vancouver slumped 24 per cent over the summer a…

Vancouver buyers pulling back from high taxes

2018-09-26

Speculation tax leading to housing market slowdown Steve Randall Canadian Real Estate Wealth The speculation tax introduced by the British Columbia government is leading to a slowdown in the housing market according to a new report. Sotheby…

Commercial properties take novel approaches to catalyzing business growth

2018-09-25

Vancouver?s Railtown district to get a new commercial building Neil Sharma Canadian Real Estate Wealth It is no secret that real estate development is the single greatest catalyst for business growth, and a couple of Vancouver-area projects…

Victoria multi-family sales strong despite looming rental regulations

2018-09-24

Rental sales and starts remain voracious despite proposed new rules that could dictate size and rent increases Tanya Commisso Western Investor Victoria’s multi-family market is poised to entice landlords for the foreseeable future, fo…

Major correction not expected says Conference Board

2018-09-24

The Canadian Economy performed well in Q2 2018 Steve Randall REP The Canadian economy is expected to outperform a previous forecast by the Conference Board of Canada. In its updated forecast released Friday, it said that it was expecting 2%…

Landlords concerned government will leave them out in the cold

2018-09-23

Rent increases being debated Neil Sharma Canadian Real Estate Wealth Amid consultations over rental housing initiated by the British Columbia government, landlords worry that the current formula used for maximum allowable rent increases cou…

Cedar Creek 7133 14th Avenue Burnaby three 6 storey buildings with a total of 128 homes by Ledingham McAllister

2018-09-22

Cool contemporary design on display at Ledingham McAllister?s Cedar Creek in South Burnaby Kathleen Freimond The Vancouver Sun Cedar Creek is a project from Ledingham McAllister in Burnaby. PNG The six-storey wood-frame Cedar Creek building…

Allowing duplexes in Vancouver will increase land values, at least a little

2018-09-22

City move to allow duplexes could hike land values Joanne Lee-Young The Vancouver Sun Vancouver city council’s decision to rezone 99 per cent of single-family home areas to allow duplexes has set off a debate over whether it will sign…

Fixing affordability: Mayoral candidates in Burnaby, Vancouver and on the North Shore have plenty of ideas

2018-09-22

When renters with good jobs find their income is mostly going to housing, politicians are under the gun to find solutions. Dan Fumano & Lori Culbert The Vancouver Sun Accountant Lotfi Fetoui and his wife are raising their baby in a one-bedr…

HOW HAS THE ON-DEMAND ECONOMY IMPACTED REAL ESTATE?

2018-09-20

Clients want real estate on-demand other Everyone wants everything. Right now. For centuries, thinkers and philosophers have dreamed of a world where if you could think of something, you could have it—instantly. But now, that’s …

Vancouver passes change to zoning bylaw

2018-09-20

Vancouver councillors have voted to allow duplexes in most city neighbourhoods Canadian Real Estate Wealth Vancouver councillors have ended two days of public hearings by voting to allow duplexes in most city neighbourhoods currently restri…