Real Estate News & Articles

False Creek plan gets positive reviews

2018-02-01

Speakers mostly agreeable to massive plan for Vancouver's False Creek Matt Robinson The Vancouver Sun Vancouver city council heard from scores of residents, developers and interest-holders Wednesday ahead of a key decision on whether to app…

Accounting rules prevent abuse

2018-02-01

Different funds must be accounted for separately Tony Gioventu The Province Our strata council is doing some weird and creative accounting and the owners are concerned we are not getting the real picture. Over the years, we have approved a …

The Morrison 40 townhomes at 649 East 3rd Street North Vancouver by CREO Developments and The Haebler Group

2018-02-01

The Morrison showcases design that's both soft and strong Mary Frances Hill The Province The Morrison What:  A total of 40 townhouses, some with lock-off suites, several with rooftop decks, adjacent to Moodyville Park Where: …

Condos keeping red-hot real estate market stoked

2018-01-31

CMHC housing outlook classifies Metro Vancouver as vulnerable to volatility Derrick Penner The Province Metro Vancouver’s real estate market remains classified as highly vulnerable to volatility at the start of 2018 due to an overheat…

Fed makes interest rate decision

2018-01-31

Craig Torres and Christopher Condon Canadian Real Estate Wealth Federal Reserve officials, meeting for the last time under Chair Janet Yellen, left borrowing costs unchanged while adding emphasis to their plan for more hikes, setting the st…

Canadian real estate prices falling the fastest globally

2018-01-31

Ephraim Vecina Mortgage Broker News In its latest data release, the Federal Reserve Bank of Dallas noted that Canadian real estate prices have shown its sharpest rate of decline in Q3 2017, a marked contrast to the situation just a few mont…

Oakridge Centre to be redeveloped into a 'mini-city'

2018-01-31

Developers insist they?re not just rebuilding a mall - they?re creating a mini city Naoibh O'Connor Western Investor They’re not rebuilding a mall. They’re creating a mini city. That’s a key message the team behind the Oak…

Oakridge Centre to become 'cultural hub'

2018-01-30

Westbank Corp. and QuadREAL on Monday unveiled a plan to transform the Oakridge Centre. Joanne Lee-Young The Vancouver Sun Westbank Corp. and QuadREAL say their plan for the Oakridge Centre mall, seen in an artist?s rendering, includes crea…

Purpose-built rental investors see huge returns in Vancouver

2018-01-30

Tower values nearly double in five years as multi-family demand continues to soar Frank O'Brien / Peter Mitham Western Investor One of the first purpose-built rental properties to sell in a forward sale in Vancouver during the current surge…

Women have become real estate industry's biggest drivers

2018-01-29

Neil Sharma REP While some industries are slow to change and reflect predominant social mores, the real estate industry is not one of them.  On the consumer side, there are more single women buying homes than ever before, but the shift…

Although cautious, BoC's rate hikes will still incite ripples ? DLC's Cooper

2018-01-29

Ephraim Vecina REP While the Bank of Canada’s latest increase in its overnight interest rate was a move marked with characteristic caution, a combination of existing factors means that the hike will still make significant waves in the…

Bristol Heights 30930 Westridge Place abbotsford 195 townhomes by Polygon Bristol Heights Homes

2018-01-27

Bristol Heights the final townhome addition to Polygon?s Westerleigh development in Abbotsford Simon Briault The Vancouver Sun Bristol Heights Project location: 30930 Westridge Place, Abbotsford Project size: 195 townhomes of two and three …

Detailed minutes key to tracking bylaw enforcement

2018-01-25

For enforcement, it?s all about details Tony Gioventu The Province Dear Tony: After reading your column last week about collections, our council requested a copy of our current receivables from our property manager. We were horrified when w…

Creston 52 homes at 715 West 15th Street North Vancouver by Pennyfarthing Homes

2018-01-25

Pennyfarthins?s Creston has a look that speaks to its surroundings Mary Frances Hill The Province Creston What: 52 homes Where: 715 West 15th St., North Vancouver Residence sizes and prices:  Available homes have two and three bedrooms…

City unveils massive plan for Northeast False Creek

2018-01-25

Huge plan for Northeast False Creek unveiled John Mackie The Province The city of Vancouver released its much-ballyhooed “final plan” for Northeast False Creek Wednesday, and it’s massive — 174 pages long. If everyth…

The 7-storey office building at 565 Great Northern Way will offer 160,000 square feet of office space

2018-01-25

Vancouver development will add 10% extra office space Steve Randall Canadian Real Estate Wealth A development the equivalent of 10% of Vancouver’s downtown office space will bring several big names to the city’s False Creek Flat…

Final plan for Northeast False Creek goes before council

2018-01-24

Area represents largest piece of undeveloped waterfront in downtown Vancouver Vancouver Courier The City of Vancouver’s final plan for Northeast False Creek, which envisions the delivery of 1,800 affordable homes, 32 acres of new and …

Crest 150 East 8th Street North Vancouver 179 condos and 17 townhomes by Adera

2018-01-24

City of North Vancouver approves new condos despite outcry Jeremy Shepherd Vancouver Courier City of North Vancouver council voted on January 22 to allow for 179 condo units at 150 East Eighth Street. Despite neighbourhood outcry over a sho…

Arbutus Village developer wants more density - because of housing crisis

2018-01-24

Joannah Connolly Vancouver Courier Rendering (from Yew Street) of redesigned Arbutus Village by Larco Investments. Image via City of Vancouver rezoning application The developer of the upcoming Arbutus Village has applied to the City of Van…

Canadian market will slow but remain strong

2018-01-24

Steve Randall Canadian Real Estate Wealth Canada remains one of the bright stars in the global real estate market despite a slowdown in 2018. A new report from Fitch gives Canada a stable/negative rating as low arrears clash with rising hou…

Rate-hike cycle already the worst in two decades

2018-01-24

Ephraim Vecina REP The unprecedented rise in consumer debt means the Bank of Canada’s rate-hiking cycle is already the most severe in 20 years and further increases will have far graver consequences than conventional analysis shows, M…

What does the low-rate mortgage really contain?

2018-01-24

The tip of the iceberg Dalia Barsoum Canadian Real Estate Wealth As an investor, you’re likely aware of the overwhelming variety of mortgage products that exist on the market today. Picking the wrong product can add thousands – …

Safeway announces store closures: 'This is an insult and an outrage,' union says

2018-01-23

The announcement comes on the eve of negotiation between the company and its workers' union Tanya Commisso Western Investor Safeway's Lougheed Mall location is earmarked among the ten slated closures announced today. | Lougheed Mall Ten Saf…

Lower Mainland condo buyers not deterred by interest rate hike

2018-01-23

Condo sales were projected to take a hit this month due to more expensive mortgage rates - but it appears that many buyers missed that memo Frank O'Brien Western Investor Runaway Metro Vancouver condominium sales were projected to take a hi…