Real Estate News & Articles

Canadian housing market is bouncing back says TD Economics

2018-08-24

Vancouver not rebounding yet Steve Randall REP Things are starting to improve in Canada’s housing markets according to a report from TD Economics. Deputy chief economist Derek Burleton and economist Rishi Sondhi say that recent data h…

Supreme Court dismisses Toronto Real Estate Board?s appeal of Competition Tribunal decision

2018-08-23

'Decisive victory for competition': Supreme Court won't hear TREB appeal in real estate data case other The Supreme Court of Canada announced today that it won’t hear the Toronto Real Estate Board’s (TREB) appeal of a 2016 Compe…

Meeting chair must take steps to ensure validity of proxies

2018-08-23

Condo Smarts: Take steps to ensure accuracy of proxies Tony Gioventu The Province Dear Tony: I recently attended the annual general meeting of our strata corporation and was given two proxies from my neighbours. When I registered to vote fo…

Hunter at Lynn Creek two towers of 27 and 16 storeys with 326 homes at 1401 Hunter Street North Vancouver by Intergulf Development Group

2018-08-23

Hunter at Lynn Creek designed to reflect North Shore location Mary Frances Hill The Province Hunter at Lynn Creek, a project from Intergulf Development Group, comprises 326 homes in two towers of 27 and 16 storeys. The social room at Hunter…

Supreme Court won't hear TREB's appeal

2018-08-23

Supreme Court refuses to hear TREB's appeal in real estate data publication case REM The Supreme Court of Canada will not hear the Toronto Real Estate Board’s appeal of the decision to uphold the Competition Tribunal’s ruling th…

Only my clients get free home evaluations

2018-08-23

Home evaluations can be bought Tina Plett REM Real estate is this weird industry where people expect highly trained professionals to work for free (or less).  It’s not just family and friends either, like you might experience in …

Innovative mortgage product promises to stabilize cash flow

2018-08-22

Interest-only mortgages provide lower monthly payments Neil Sharma Canadian Real Estate Wealth Investing in real estate can be tricky in a rising rate environment, but interest-only mortgages with term are helping stabilize cash flow. &ldqu…

BC municipalities want changes to the speculation tax

2018-08-22

Speculation tax under fire from municipalities Steve Randall Canadian Real Estate Wealth An annual conference of municipalities in British Columbia has called for changes to the province’s real estate speculation tax. Union of B.C. Mu…

Canadian homes are among the world's most overvalued - analysis

2018-08-22

Canadian residential real estate is the 3rd most overvalued worldwide Ephraim Vecina REP Canadian residential real estate is the 3rd most overvalued worldwide, according to a new global price analysis by The Economist. Trailing just behind …

The Top Buyers' and Sellers' Markets Across Canada

2018-08-21

The Canadian Real Estate Market by location Penelope Graham other From a big picture perspective, it would seem the Canadian real estate market is poised for optimism; the latest crop of July data from the national real estate association &…

No escape from stress test impact says BCREA

2018-08-21

BC real estate association forcasts 21 per cent decline Steve Randall Canadian Real Estate Wealth While some areas may be showing signs of recovery from the impact of the mortgage stress tests introduced at the start of this year, that is n…

BC realtors forecast a 21% collapse in home sales for 2018 (but 2019 is another story)

2018-08-21

BCREA sees a sharp decline in home sales Josh Sherman other The British Columbia Real Estate Association (BCREA) anticipates a sharp decline in home sales and relatively flat prices this year before the market begins recovering in 2019. In …

Kith and kin: Metes and boundaries

2018-08-21

Keep Family and business separate Ross Wilson REM In the last of this three-column series about working with family and close friends, let’s delve a little into boundaries. Many of you (but sadly, not all) would agree that it’s …

Residential real estate sales in B.C. to drop 21% this year: forecast

2018-08-20

One-fifth of transactions wiped off the board; separate study finds nearly one-fifth of buyers pushed out of market by stress test Joannah Connolly Western Investor t may be no coincidence that one forecast issued August 20 is predicting a …

Century 21 and Zillow

2018-08-20

Century 21 Canada partners with Zillow Brian Rushton REM Earlier this year, Century 21 Canada announced an exciting partnership with Zillow, the largest online real estate network in the U.S. We’re thrilled to lead the way as Zillow&r…

5M visitors use Zolo to start their search for a home and a mortgage

2018-08-20

Zolo and BFG take the stage Broker Financial Group Mortgage Broker News It’s no secret, buying a home is exciting but stressful. While getting keys to your new place is super-exciting, applying for a mortgage is arguably everyone&rsqu…

Housing Market Reacts to Mortgage Stress Test

2018-08-20

BCREA 2018 Third Quarter Housing Forecast Update BCREA The British Columbia Real Estate Association (BCREA) released its 2018 Third Quarter Housing Forecast Update today.   Multiple Listing Service® (MLS®) residential sales in …

Thinking of buying or renting near NYC? Consider the tax costs

2018-08-19

10 per cent of your salary goes to property taxes other Imagine setting aside 10 percent of your salary every year towards paying property taxes on your home. Well, that is a reality for some homeowners in the tri-state area. Homeowners in …

Good news for Toronto landlords, bad news for renters

2018-08-19

Lower rents can be attained by reducing unit size Neil Sharma Canadian Real Estate Wealth A new report from Rentals.ca reveals that, in the one-bedroom category, Toronto rents have surpassed Vancouver’s, but the latter’s two-bed…

Brooklyn at Bernard Block 1471 St. Paul Street Kelowna 178 homes in a 25-storey mixed-use tower by Mission Group

2018-08-18

High on the outlooks at Brooklyn at Bernard Block Michael Bernard The Vancouver Sun Brooklyn at Bernard Block Project address: 1471 St. Paul St., Kelowna Project scope: A total of 178 condo homes in a 25-storey commercial-residential highri…

Marquise 495 West King Edward Avenue 58 homes from 620 to 1360 square feet by Blairmore Development Group

2018-08-18

Marquise takes a convenient west-side location Kathleen Freimond The Vancouver Sun Project: Marquise Project address: 495 West King Edward Avenue Project city: Vancouver Developer: Blairmore Development Group Architect: GBL Architects Inc. …

B.C. cities with slightly more affordable homes

2018-08-17

Affordable housing markets in BC Ephraim Vecina Canadian Real Estate Wealth Despite exhibiting consistently inflamed price averages, B.C.’s housing market still offers some pockets of relative affordability that households can take ad…

Stats indicate adjustment to B-20

2018-08-17

Buyers have adjusted to qualification rules Neil Sharma Mortgage Broker News Real estate sales in Canada are trending upward and it’s likely an indication that consumers have come to grips with B-20. Canadian Real Estate Association s…

Canadian real estate grossly overvalued - report

2018-08-17

The Economist ranked Canada most overvalued Ephraim Vecina Mortgage Broker News A new global price analysis by The Economist ranked Canada as the 3rd most overvalued country in the world in terms of housing values, trailing just behind New …