Real Estate News & Articles

This tech platform could cut out mortgage banks, brokers

2018-09-04

Viva Network a private mortgage exchange Steve Randall REP Another disruptor has entered the mortgage space with a peer-to-peer lending platform which connects buyers with investors who want to fund their loan. A Bermuda-based firm has laun…

No action against BC real estate broker following investigation

2018-09-03

New Coast Realty will not face discipline Steve Randall REP A two-year investigation into allegations of misconduct by the owner of a Vancouver-area real estate brokerage has ended without disciplinary action. The Real Estate Council of BC …

Somerset Reach 6026 Highway 97 Peachland 56 two and three bedroom townhomes by NBD Holdings Ltd

2018-09-01

Somerset Reach caters to those who enjoy seeing lake, surroundings Michael Bernard The Vancouver Sun Marlene Miller has loved the view from her house ever since she arrived in the Okanagan lakeside village of Peachland from Norway 13 years …

Chelsea 79 home in a 6 storey midrise at 4663 Cambie Street by Cressey

2018-09-01

Elements of comfort and style displayed at Cressey?s Chelsea Kathleen Freimond The Vancouver Sun Project: Chelsea Project address:  West 31st Avenue and Cambie Street Project city: Vancouver Developer: Cressey Development Group Archite…

City's high housing growth rate making homes less affordable

2018-09-01

High levels of growth cause enormous costs for infrastructure Elizabeth Murphy The Vancouver Sun Most new housing construction is unaffordable and involves demolishing older building stock that former occupants could afford but who are then…

Move over millennials, Gen Z are weighing homeownership

2018-08-31

51% of 18-24 year olds desire to own a home Steve Randall Canadian Real Estate Wealth While millennials have shown desire to become homeowners even though affording that move has been tough, the next generation has grown old enough to conte…

TREB issues warning about sold data use

2018-08-31

TREB outlines how to use public sold data Neil Sharma REP The Toronto Real Estate Board is reminding its membership not to compromise sales history. In light of sold data being opened after the Supreme Court of Canada last week refused to h…

Strata sections comparable to provincial municipalities

2018-08-30

A strata corporation is created when the strata plan is registered in the Land Title Registry Tony Gioventu The Province Dear Tony: Could you please explain the difference between sections, types and air-space parcels to our strata corporat…

Dwell24 at 2565 Runnel Drive Coquitlam 24 townhomes from 1,323 to 1,638 square feet by Epix Developments and The Circadian Group

2018-08-30

At Dwell24, the finishes are both practical and appealing Mary Frances Hill The Province Dwell24, a project from Epix Developments and The Circadian Group, comprises 24 townhomes in Coquitlam. A bedroom imagined for a young occupant at Dwel…

Vancouver home price growth not the fastest nationwide

2018-08-30

Prices increase by 6.68% in July Ephraim Vecina Canadian Real Estate Wealth In its latest analysis using data from CREA, Better Dwelling arrived at a surprising result: Vancouver was not even in the top three markets in Canada that had the …

Apartment building owners face tougher times, but prices remain high

2018-08-29

Purpose-built rental buildings increase Frank O'Brien Western Investor The signs are subtle so far, but they may represent the first downdraft in Metro Vancouver’s multi-family apartment building market after years of record-snapping …

Tighter policies attractive to Toronto, Vancouver residents

2018-08-29

Angus Reid poll says residents want tighter policies Ephraim Vecina REP A recent Angus Reid Institute poll has found that residents of Toronto and Vancouver are chafing from the pressure of the outsized housing price growth that has charact…

B.C. Realtors still not allowed to openly publish home sale prices

2018-08-29

Toronto real estate agents ordered to release data to general public while it remains restricted to real estate professionals in Metro Vancouver Frank O'Brien With files from Joannah Connolly Western Investor Last week, for the first time i…

Vancouver residents want home prices to fall

2018-08-28

A survey found 44% of homeowners affected by high costs Steve Randall Canadian Real Estate Wealth Residents of Canada’s priciest housing market want prices to fall, some by almost a third. A survey of Vancouver residents – both …

How has the on-demand economy impacted real estate?

2018-08-28

Clients want real estate on-demand REP 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 mo…

Home prices in 20 metros post smallest gain since 2016

2018-08-28

Home prices in 20 U.S. cities rose in June at the slowest monthly pace in almost two years Bloomberg Home prices in 20 U.S. cities rose in June at the slowest monthly pace in almost two years, as demand cools in the face of affordability co…

Tips for Buying a Home Under Probate

2018-08-28

You can get a great deal if a home is part of an estate Leo Wilk REW You can get a great deal if a home is part of an estate – but there are particular conditions you should include in your offer First, what is probate? Probate, in sh…

Tips for Buying a Home Under Probate

2018-08-28

You can get a great deal if a home is part of an estate Leo Wilk REW You can get a great deal if a home is part of an estate – but there are particular conditions you should include in your offer First, what is probate? Probate, in sh…

TREB studying ways to keep sold data protected

2018-08-27

Toronto Real Estate Board wants sold data protected Tara Deschamps REP The Toronto Real Estate Board is studying ways to ensure Greater Toronto Area home sales data is ``protected,'' even as realtors are rushing to publish the numbers. TREB…

Most Metro Vancouverites rooting for market crash - even homeowners

2018-08-27

Two thirds of renters hoping that home prices will drop by 30 per cent or more, finds poll Joannah Connolly Western Investor The majority of Metro Vancouver residents – even those who own their homes – are rooting for a real est…

Some sellers bypass agents suggestion to stage the home to save money

2018-08-26

Realtors say staging is becoming increasingly popular REP When Farah Al-Harazi and her husband were selling their Toronto condo, they asked real estate agents they were considering if they should hire a “stager” to beautify thei…

Spirit Bay in Metchosin, B.C offers character, quality and energy-efficiency

2018-08-25

Seaside development will include 400 single-detached homes across 100 acres Marty Hope The Vancouver Sun For more than two years, Jim and Mary Quinn had been searching for the “just right” location, a place that felt right, that…

The Trails 603 East 2nd Street North Vancouver 300 three bedroom townhomes by Wall Group of Companies

2018-08-25

The Trails takes a site in a reimagined North Shore neighbourhood Kathleen Freimond The Vancouver Sun Project: The Trails Project address: 603 East 2nd Street, City of North Vancouver Developer: Wall Group of Companies Architect: IBI Group …

Did TREB stifle competition?

2018-08-24

TREB's protectionist stance hurt them Neil Sharma REP The Supreme Court of Canada yesterday refused to hear the Toronto Real Estate Board’s appeal that would have continued the prohibition on sold data, effectively ruling in favour of…