Real Estate News & Articles

Virtually sold: Advancements in virtual staging software

2018-03-21

Yvonne Dick REM Using 3D software used for websites, cinematic projects and games, real estate professionals can now show clients a property in its best light. Even if the home looks barren and is without furnishings, clients can view it st…

Eight-year high for uninsured mortgages

2018-03-20

Steve Randall Canadian Real Estate Wealth There’s been a rise in uninsured mortgages so far in 2018 according to data from OSFI. The share of loans that don’t need insurance soared by almost a fifth in January, to 53% of the $1.…

Medallion Club 2017

2018-03-20

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Barclay Street home in West End for sale for almost $7 million

2018-03-20

This 1922-built house at 1511 Barclay St., sold for $2.8 million just over two years ago. Cheryl Chan The Province A rundown residence on Barclay Street in downtown Vancouver that only needs “a little TLC” would need a buyer wit…

West Vancouver council looking to curb monster mansions

2018-03-20

The City has voted to establish a new citizens' working group to help guide council into policy changes that will limit massive home sizes Brent Richter Western Investor West Vancouver council is gearing up for another tilt at the community…

BC Budget Tax Summery

2018-03-19

other If they are NOT a Permanent Resident OR Canadian Citizen; The Buyer is and will be, on the Completion Date, a "foreign entity" or a "taxable trustee" as defined in the British Columbia Property Transfer Tax Act (as amended) (collectiv…

National home price index posts first February decline for 5 years

2018-03-19

Steve Randall Canadian Real Estate Wealth The two-month break in the downward trend for a national home price index has ended with the largest decline for February since 2013. The Teranet-National Bank HPI was down 0.13% in February compare…

Uninsured mortgages buck housing trends across country

2018-03-19

Doug Alexander and Erik Hertzberg Canadian Real Estate Wealth Canada’s uninsured mortgage market reached an eight-year high in January as government steps to reduce taxpayer exposure to the housing market gain traction, according to d…

How to sell houses stigmatized by murder, suicide

2018-03-19

Neil Sharma REP Selling a home that was once the scene of a gruesome murder, or even a suicide, is no simple task for sales agents. But buyers are often reticent for cultural reasons, and given the right area—and the right mix of peop…

Landmark on Robson a twin tower development of 237 suites at 1400 Robson Street by ASNA Robson Landmark Holdings

2018-03-17

Landmark on Robson makes a statement in its downtown Vancouver location Michael Bernard The Vancouver Sun Landmark on Robson Project Address: 1400 Robson St., Vancouver Project Scope: At total of 237 suites in two concrete highrise towers w…

Market rental housing project at Residence at The Heights on Charland Avenue coming to Coquitlam

2018-03-17

New market rental housing project breaks ground in Coquitlam Sean Boynton other Developers and city officials in Coquitlam celebrated the start of construction of a long-awaited market rental housing project Saturday. The development, dubbe…

'Secret' document reveals government confusion about debt crisis

2018-03-16

Andy Blatchford REP With a popular measure that shows Canadians' soaring debt remains in record-breaking territory, the federal government has acknowledged internally there's no way of knowing whether the burden has climbed too high. A rece…

B.C. cracking down on suspicious real estate activity

2018-03-16

REP A new tipline is being set up to allow for anonymous complaints about suspicious real estate activities in British Columbia. Finance Minister Carole James says the tipline launched by the Real Estate Council of British Columbia will hel…

Condo for 35 bitcoins? How one Canadian property agent brought cryptos to the real estate market

2018-03-16

Condos for bitcoins? One man is determined to make it work Naomi Powell The Vancouver Sun Derryn Shrosbree’s ideal real estate deal involves no agents, no lawyers or other intermediaries. In his mind’s eye, there is just a buyer…

Kelowna latest municipality to raise the alarm about 'damaging' B.C. speculation tax

2018-03-16

Speculation tax backlash spreads Jennifer Saltman The Province The provincial government’s controversial real estate speculation tax is facing increasing opposition as elected officials in affected municipalities and regions across B.…

Victoria realtor gets tepid response to speculation-tax home-selling ad

2018-03-16

Ad warning homeowners to sell before tax kicks in fails Kevin Griffin The Province A Victoria realtor who wants people to sell their homes now, in order to avoid a proposed NDP speculation tax that would come into effect this taxation year,…

A Tale Of Two Markets

2018-03-16

What you need to know to navigate the housing market in Metro Vancouver G. MARION JOHNSON The Vancouver Sun The real estate market is always changing, but Metro Vancouver is currently experiencing a somewhat unusual scenario: a tale of two …

New anonymous tipline for reporting real estate misconduct

2018-03-15

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New anonymous tipline for reporting real estate misconduct2

2018-03-15

other The Real Estate Council of British Columbia is launching an anonymous tipline to enhance consumer protection in British Columbia’s real estate market.

New anonymous tipline for reporting real estate misconduct

2018-03-15

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Judge rules Vancouver West End condo, Barclay Terrace at 1075 Barclay Street, assembly can be sold off despite holdout owners' protests

2018-03-15

Stephanie Ip The Vancouver Sun A judge has ruled that the sale of a Vancouver West End assembly can proceed despite two holdout owners who believed the sale price was too low and that they were not kept informed during the sale process. Bar…

Tighter lending restrictions are making an impact in BC

2018-03-15

Steve Randall Canadian Real Estate Wealth The new mortgage rules that came into effect at the start of 2018 are having an impact on the market in British Columbia. The BCREA says that 6,206 homes were sold through the MLS in February, down …

B.C.'s new tax sparks fears of damaged economies across province

2018-03-15

by Dirk Meissner Canadian Real Estate Wealth Communities across British Columbia are speaking out against the province's proposed speculation tax on real estate, saying the levy could damage their economies. The Regional District of Nanaimo…

Toronto, Vancouver trending in opposite direction from rest of country

2018-03-15

Canadian Real Estate Wealth Canadian home sales fell 16.9 per cent in February, while the national average sale price dropped five per cent, compared to a year earlier. New monthly numbers from the Canadian Real Estate Association also show…