Real Estate News & Articles

Provincial government leaves mark on Vancouver housing market

2018-04-16

Erik Hertzberg Canadian Real Estate Wealth Home sales in Canada’s third-largest city are still declining after the provincial government introduced new housing measures earlier this year. Sales in Greater Vancouver fell 8.6 percent in…

Spring Trends Report 2018

2018-04-14

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The Residences on Marine 1347 Marine Drive West Vancouver 16 condos in a 3 storey mixed use building by Atti Group

2018-04-14

The Residences on Marine offers prime location, single-family luxury Simon Briault The Vancouver Sun When you’re moving from a large, single-family home in West Vancouver, possibly one that you’ve been living in for many years a…

B.C. and United Church partner on affordable housing initiative

2018-04-14

B.C. government, United Church partner in new affordable housing developments Linda Givetash The Vancouver Sun The United Church in British Columbia is stepping forward to help address the province’s affordable housing crisis by offer…

DNA printing could spark next Industrial Revolution

2018-04-14

Derrick Penner The Vancouver Sun Biological teleportation sounds like something futuristic, but it’s something bio-engineer Dan Gibson has already done and continues to refine, which he laid out in a presentation Friday for the TED Ta…

B.C. government strikes 'affordable housing' deal with United Church of Canada

2018-04-13

One project calls for 100 new homes built at Lakeview United Church on Semlin Drive Mike Howell Vancouver Courier The provincial government will spend $12.4 million to help the B.C. Conference of the United Church of Canada redevelop some o…

CREA releases national stats for March

2018-04-13

REP Canada's real estate industry organization says the number of homes sold in March plunged 22.7 per cent and the national average price was down 10.4 per cent from the same month last year. The Canadian Real Estate Association says the s…

Sales decline not reflected in prices

2018-04-13

Prices immutable, reports BCREA REP Home sales in British Columbia plummeted last month compared with March of last year, but the B.C. Real Estate Association says the decline was not reflected in prices. Sales figures released by the assoc…

Despite dramatic decline in sales, B.C. home prices keep on rising

2018-04-13

B.C. home prices continue to climb as sales plummet on 'burdensome' mortgage rules CAMERON MUIR The Province Sales figures released by the association for March show 7,409 homes changed hands last month, a decline of 24.6 per cent over Marc…

B20 has tightened demand but done little for supply in BC

2018-04-13

Steve Randall Canadian Real Estate Wealth Homes sales fell by almost a quarter in British Columbia last month but supply remained tight and prices increased. Figures from the British Columbia Real Estate Association (BCREA) show that sales …

Policy Induced Demand Slide Does Little to Impact Supply

2018-04-12

BCREA The British Columbia Real Estate Association (BCREA) reports that a total of 7,409 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in March, a 24.6 per cent decrease from the sa…

1 in 4 homebuyers pressured by stress test but spring still looks good

2018-04-12

Steve Randall REP A quarter of Canadian homebuyers say they are feeling pinched by the new mortgage stress test that came into effect in January, but the spring season is still looking positive. A survey conducted by Leger for RE/MAX shows …

Nearly half of mortgages face renewal in 2018: CIBC

2018-04-12

Armina Ligaya The Vancouver Sun Nearly half of all existing mortgages in Canada will need to be renewed this year, substantially more than in prior years, according to a new report, amid rising interest rates and new rules that make it toug…

Closely examine terms of pre-sale agreement

2018-04-12

Tony Gioventu The Province Dear Tony: I purchased a condo two years ago before it was constructed. At the time, the price was negotiated at $595,000 and we paid 10 per cent down as a deposit. The property is now coming available for us to m…

The Links Residences 55 townhomes at 7979 152nd Street Surrey by Infinity Properties

2018-04-12

The Links showcases impressive design, upstairs and down Mary Frances Hill The Province The Links Residences What:  A collection of 55 three- and four-bedroom townhouses adjacent to Guildford Golf and Country Club. Where:  7979 15…

Sustainable Vancouver Presentation to Asian Real Estate association of America

2018-04-12

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Yes, anti-pipeline Vancouver really is North America?s largest exporter of coal

2018-04-12

A city dead set against expanding petroleum exports is decidedly less irked about another type of fossil fuel Tristin Hopper The Vancouver Sun Lately, it’s one of the few things that oil boosters and environmental activists can agree …

2018 one of busiest years ever for Canadian brokers

2018-04-11

Almost half of Canadian mortgages up for renewal REP Nearly half of all existing mortgages in Canada will need to be renewed in this year, substantially more than in prior years, according to a new report, amid rising interest rates and new…

Vancouver tackling vacancy issue

2018-04-11

New regulations to be enacted to free up rental housing Linda Givetash REP The city of Vancouver is moving to legalize short-term rental accommodation like Airbnb but operators will only be able to advertise their principal residence. Vanco…

Canadian banks troubled by housing market slowdown, fintech

2018-04-11

Ephraim Vecina REP Weakening activity in the residential real estate sphere along with the growing importance of financial technology firms represent formidable challenges for Canada’s banking industry, according to a new report from …

AREAA Celebrates the 50th Anniversary of the Fair Housing Act of 1968

2018-04-11

As Fair Housing Act Turns 50, Landmark Law Faces Uncertain Future J. Brian Charles Asian Pacific Post This past Wednesday marked the 50th anniversary of the passage of the Fair Housing Act of 1968. Watch the video above to hear from AREAA m…

Metro Van housing starts roar as sales go quiet

2018-04-11

Housing starts in the first quarter of 2018 have more than doubled year-over-year, while home sales took a dive Frank O'Brien Western Investor As housing sales dropped to the lowest level in five years, Metro Vancouver new home starts have …

B.C. government forms Rental Housing Task Force

2018-04-11

Security and fairness for landlords and renters will be focus of three-person task force, led by Vancouver-West End MLA Spencer Chandra Herbert Western Investor Vancouver-West End MLA Spencer Chandra Herbert will head up a new Rental Housin…

B.C.-wide coalition launches 'Scrap the Speculation Tax' campaign

2018-04-10

Coalition launches 'Scrap the Speculation Tax' campaign Joannah Connolly Western Investor It started with a “Stop the Speculation Tax” petition that was launched last month by disgruntled home owners opposing the province's prop…