Real Estate News & Articles

Realty team uses edgy advertising to sell unit

2018-06-27

Neighbourhood demographics portrays condo life Neil Sharma REP It isn’t often that a downtown Toronto condo sits on the market for three months, but that’s exactly what happened with an Entertainment District unit. Unable to sel…

B.C. government back on offensive

2018-06-25

Hidden property owners and tax cheats targeted Neil Sharma REP The British Columbia government is continuing its shakeup of the province’s real estate, this time targeting hidden property owners and tax cheats. The registry will make …

Infamous slum finally shut down

2018-06-25

Regent Hotel appropriated by city Amy Smart REP The City of Vancouver is shutting down a decrepit residence on the Downtown Eastside, where some of the city's most vulnerable have been living in what the CEO of a non-profit housing society …

BIGHORN MEADOWS Resort on the Springs golf course in Radium BC 44 duplexes by Luxury Resorts West

2018-06-23

Bighorn Meadows a rec property 'that you use like a cabin on the lake without the headaches' Barb Livingstone The Vancouver Sun PROJECT: The Residences at Bighorn Meadows AREA: The overall 10-acre Bighorn Meadows Resort development sits on …

Fern Grove 24012 127B Avenue Maple Ridge 34 single-family homes by Epic Homes

2018-06-23

Both downsizers and first-time buyers taking note of Epic Homes? Fern Grove in Maple Ridge Michael Bernard The Vancouver Sun Project:   Fern Grove Project address:  24012 127B Ave. (128 th  and Fern Crescent), Maple Ridge Pro…

Bank of Canada decision could go either way

2018-06-22

Economic unknowns lead some analysts to wonder if Poloz will stand pat on July 11 Andy Blatchford REP OTTAWA _ A pair of unexpectedly soft economic reports are creating fresh doubts about the timing of the Bank of Canada's next interest rat…

GTA new condo sales "very encouraging" says Altus Group

2018-06-22

Condo sales in the Toronto area are on the rise Steve Randall REP Sales of newly-built condos in the Greater Toronto Area totalled 2,003 in May, accounting for the bulk of the 2,345 total new home sales. While condo sales were 47% below May…

Toronto's Redpin Brokerage -WOW (Virtual Office Website) goes bankrupt with $6.5M of debt

2018-06-22

Brokerage's demise highlights value proposition to agents Neil Sharma REP News of TheRedPin’s demise last week may have sent shockwaves throughout the Toronto real estate industry, particularly for virtual office websites, but it also…

Vancouver CRE sales activity slips from 2017 high

2018-06-22

Commercial real estate sales slows Steve Randall Mortgage Broker News There were 523 commercial real estate sales in the Lower Mainland in the first three months of 2018. That’s 10.8% below the 586 sales of the same period in 2017 acc…

Can this developer be trusted?

2018-06-22

Liberty Development cancels project Neil Sharma Canadian Real Estate Wealth Months after cancelling Cosmos, a sold-out condominium development at the Vaughan Metropolitan Centre, and  effectively blindsiding over a thousand buyers, Lib…

Planned residential towers in Toronto to reach as high as 92 storeys

2018-06-22

Toronto to get Canada?s tallest tower Ephraim Vecina Canadian Real Estate Wealth Development giant Great Gulf Group has announced plans to construct Canada’s tallest condo towers, which are slated to reach as high as 92 storeys, in To…

B.C. has tax cheats in crosshairs

2018-06-21

Hiding real estate investments addressed Canadian Real Estate Wealth The British Columbia government is taking steps to end opportunities to anonymously invest and hide wealth in real estate. Finance Minister Carole James says a new, public…

Home sales set for stronger 6 months, rates to rise

2018-06-21

Economist say sales will rebound Steve Randall Canadian Real Estate Wealth The impact of the B-20 mortgage guidelines, especially the stress tests, have made a significant impact on Canada’s housing sales; but that may be about to cha…

B.C. to make owners names of properties available in the fall of 2018

2018-06-21

'No more hiding' BC tells real estate owners Steve Randall Canadian Real Estate Wealth Owners of British Columbia’s real estate will soon be listed on a publicly accessible register to improve ownership transparency, if legislation is…

Here's how Empty Homes Tax revenue will be spent

2018-06-21

Vancouver city council approves allocation of $8 million towards affordable housing initiatives Naoibh O?Connor Vancouver Courier Vancouver city council has approved staff recommendations on how to spend $8 million worth of empty home tax r…

Taking shortcuts with insurance not a smart move

2018-06-21

Often problems with ideas about insurance Tony Gioventu The Province Dear Tony: Our strata council has been advised by our property manager to pay for a water escape claim to our building rather than file an insurance claim to avoid an incr…

8888 Osler 76 homes at 8888 Osler Street Vancouver by Tria Homes

2018-06-21

8888 Osler showcases efficient design Mary Frances Hill The Province 8888 Osler What: 76 homes Where : 8888 Osler Street, Vancouver Residence sizes and prices: Studios and one- to three-bedrooms, 431 to 1,101 square feet, starting in the $5…

Commercial real estate sales drop off in much of Metro Vancouver

2018-06-21

Metro Vancouver commercial real estate slows Charlie Smith The Georgia Straight It's not just residential real-estate agents who are feeling the pinch of slower sales in Vancouver these days. The commercial market also also seen a significa…

55-storey Surrey education centre to become Metro Van's second-tallest building

2018-06-21

The 626-foot GEC Education Mega Center will be second in height only to downtown Vancouver's Shangri-La hotel Tanya Commisso Western Investor Rendering of GEC Education Mega Centre in Surrey. | Chris Dikeakos Architects / CIBT Education Gro…

Vancouver approves plan to curb speculation along the Broadway corridor

2018-06-21

Broadway corridor protected from land speculation Cheryl Chan The Vancouver Sun Vancouver council approved new policies designed to curb land speculation and limit condo developments along the Broadway corridor. On Wednesday, council adopte…

Vancouver approves plan to curb speculation along the Broadway corridor

2018-06-21

Broadway corridor protected from land speculation Cheryl Chan The Vancouver Sun Vancouver council approved new policies designed to curb land speculation and limit condo developments along the Broadway corridor. On Wednesday, council adopte…

Housing market will reach a "convincing bottom" in Q3 says TD

2018-06-20

Housing market easing on the mortgage front Steve Randall REP The acute volatility of the Canadian housing market may be nearing the end. The downturn in existing home sales in 2018, following a jump as the mortgage stress tests approached,…

TheRedPin closes down: Being a tech disruptor isn?t easy

2018-06-20

TheRedPin, which shut its head office doors at Church and Front streets in downtown Toronto after being in business for seven years Danny Kucharsky REM Tech disruptor real estate brokerages can survive and prosper but only if they have the …

Province to reveal 'hidden owners' of B.C. real estate

2018-06-20

Publicly accessible registry to target individuals behind property-owning shell companies and trusts, to ensure taxes are paid and prevent money laundering Joannah Connolly Western Investor A new public registry will aim to reveal the &ldqu…