Real Estate News & Articles

Realtor.ca launches latest lead gen tool

2018-08-08

School catchment areas important in sales Neil Sharma REP Chief among all requests James Mabey receives from clients is finding a home near a reputable school. As of last week, Realtor.ca started offering users information on school catchme…

Vancouver's condo market expected to sit in buyers' territory for the rest of 2018

2018-08-08

Will Vancouver condo buyers maintain their edge in 2018 Kerrisa Wilson other As Vancouver condo inventory increased in July in the face of plummeting sales, one Vancouver realtor says the market is favouring buyers and will continue to tren…

Non-Resident Buyers and Sellers of Real Estate

2018-08-07

There are certain legal and accounting issues that arise when a non resident of Canada acquires or sells property in Canada The Spagnuolo Group other Non-Resident Sellers The Income Tax Act of Canada provides that whenever a non-resident di…

Toronto, Vancouver headed in different directions

2018-08-07

Toronto sales stabilizing while Vancouver tumbles Canadian Real Estate Wealth Home sales in the Greater Toronto Area climbed significantly in July in a divergence from the latest numbers in Vancouver. Residential home sales were up 18.6 per…

Zillow enters the US mortgage market

2018-08-07

Zillow acquires Mortgage Lenders of America Steve Randall REP Zillow’s expansion across the residential real estate market has taken another turn as it plans to enter the mortgage industry. The group has announced that it will acquire…

Telus Garden Vancouver headquarters sold to undisclosed buyer

2018-08-07

The $750-million headquarters was completed just three years ago Tanya Commisso Western Investor Telus’ $750-million headquarters – completed in 2015 – has sold just three years later to an undisclosed buyer for an unrelea…

Tim Horton's plans to invade China

2018-08-07

The Canadian coffee chain is taking its latest expansion efforts east Western Investor Canadian coffee icon Tim Hortons has inked a deal with private equity firm Cartesian Capital Group to expand into China. Under the exclusive master franc…

Residents oppose new development in Gibsons, including affordable housing units

2018-08-07

Developer has to revise Gibson development again other In a disappointing display of NIMBY culture, local residents influenced Sechelt council to scrap a six-storey development proposal in Gibsons, which would have included some affordable …

SoHo 191 South Hollywood Road Kelowna 88 condos in a 5 storey building by Aristar

2018-08-04

SoHo complex located in southeast Kelowna, about a 10-minute drive from the city centre Michael Bernard The Vancouver Sun Project Address: 191 South Hollywood Rd. Kelowna Project Scope: Eighty-eight condo homes ranging from studios through …

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

2018-08-04

Hunter at Lynn Creek offers close proximity to shops, walking and biking trails Michael Bernard The Vancouver Sun Hunter at Lynn Creek, North Vancouver Project Address: 1401 Hunter St., North Vancouver Project Scope: A total of 326 units in…

SoHo 191 South Hollywood Road Kelowna 88 condos in a 5 storey building by Aristar

2018-08-04

SoHo complex located in southeast Kelowna, about a 10-minute drive from the city centre Michael Bernard The Vancouver Sun Project Address: 191 South Hollywood Rd. Kelowna Project Scope: Eighty-eight condo homes ranging from studios through …

Here's who Metro Vancouver residents blame for the housing crisis

2018-08-03

Who is to blame, 84% say it is foreign homebuyers Steve Randall REP Whatever the official data may show, residents of Metro Vancouver overwhelmingly believe that foreign buyers are contributing to the current housing situation in the region…

Vancouver's recent price declines do not guarantee improved affordability

2018-08-03

Demand outpaces supply for lower priced homes Ephraim Vecina Canadian Real Estate Wealth A recent shrinkage in home prices across Metro Vancouver will not help improve the prospects of more affordable housing for first-time buyers, accordin…

Fraser Valley inventory is growing as summer slowdown bites

2018-08-03

Fewer homes sales allowing a build up of inventory Steve Randall Canadian Real Estate Wealth Fewer home sales in the Fraser Valley is allowing a build up of inventory in the region. Sales of 1,290 units across all home types were recorded t…

Metro Vancouver home sales hit 18-year low and 8 more facts about the city's July housing market

2018-08-03

Metro Vancouver?s housing market is feeling the impact of a quieter summer Kerrisa Wilson other Metro Vancouver’s housing market is feeling the impact of a quieter summer with home sales falling to an 18-year low for the month of July…

Record-setting year in condo market

2018-08-03

GTA condo construction starts set record Neil Sharma Canadian Real Estate Wealth Condo construction starts during the second quarter of this year set a record. Those 7,981 units are part of 63,903 total units under construction in the Great…

The Fifth Dimension Second Quarter 2018

2018-08-02

other A comprehensive analysis of the multifamily real estate market in Metropolitan Vancouver. Read Full Report

The do's and don'ts for planning strata hearings and meetings

2018-08-02

Tenant may be abusing the hearing process Tony Gioventu The Province Dear Tony: Our strata council has an owner, that was the past president, who is constantly requesting hearings and demanding to come to council meetings. It is disrupting …

Torino 185 homes in first tower at 8699 Hazelbridge Way Richmond, 405 homes total in both towers, by Pinnacle International

2018-08-02

Torino to take its place in Richmond's Capstan Village Mary Frances Hill The Province Torino What: 405 homes (185 in first tower) Where: 8699 Hazelbridge Way, Richmond Residence sizes and prices: Torino South homes range in size from 578 to…

Vancouver seeks court-ordered repairs to heritage mansion damaged by suspicious fire

2018-08-02

City sues for heritage mansion repairs Keith Fraser The Province The City of Vancouver has asked the B.C. Supreme Court to order repairs to a fire-damaged $14-million Shaughnessy mansion with a colourful history. In October, a fire that was…

The Fifth Dimension Second Quarter 2018

2018-08-02

other A comprehensive analysis of the multifamily real estate market in Metropolitan Vancouver. Read Full Report

Vancouver home sales hit 18-year low

2018-08-02

July home sales lowest in 18 years Beth Leighton Canadian Real Estate Wealth Home sales in July across Metro Vancouver tumbled to their lowest level in 18 years in statistics compiled by the real estate board, but prices remained steady sin…

The City of Lougheed Tower Two in the first neighbourhood by Shape Properties sales centre at 9850 Austin

2018-08-02

Tower TWO residences at The City of Lougheed are now previewing in vibrant Burnaby, BC other Set to become Canada’s largest new master planned community, homes at The City of Lougheed are now previewing in Burnaby, British Columbia. T…

Metro Vancouver residential sales see coolest July in 18 years

2018-08-02

Hot weather, cool real estate market ? but what about prices? It depends on the neighbourhood Joannah Connolly Western Investor July may have been scorching in terms of the weather, but the residential real estate market was decidedly cool,…