Real Estate News & Articles

Blockchain firms ready to emerge out of the shadows, conference told

2018-01-08

From hoodies to suits: Blockchain companies ready to come out of the shadows and go public Claire Brownell The Vancouver Sun Deepak Kaushal, director of research at GMP Securities LP, had a word of caution for the business crowd assembled u…

City intends to build temporary modular homes near Olympic Village station

2018-01-06

50 temporary modular homes planned near Olympic Village Station Scott Brown The Vancouver Sun An empty lot near the Olympic Village SkyTrain Station has been identified as the future site of a 50unit temporary modular-housing project. In Oc…

The Morrison at 649 East 3rd Street North Vancouver 40 townhomes by CREO Developments Ltd

2018-01-06

The Morrison?s 40 boutique townhouses and condos offer a true sense of community MICHAEL BERNARD The Vancouver Sun The Morrison Project Address:  649 E. 3rd Street, North Vancouver Project Scope:  A total of 40 units, ranging from…

No new regulations, drastic home price increases in 2018 ? analysis

2018-01-05

Ephraim Vecina REP By all indications, 2017 has proven to be a tumultuous period in the mortgage and real estate spheres, but a markets observer argued that this year will offer a measure of respite to these beleaguered sectors as well as t…

New Mortgage Stress Tests Now in Effect, GTA Sales Plunge, Vancouver?s Priciest Home

2018-01-05

New Mortgage Rules Now in Effect other Borrowers of new low-ratio mortgages (those who pay 20 per cent or more on their down payments), now face tougher qualification requirements as new guidelines for federally-regulated lenders took effec…

Normality returns for Metro Vancouver home sales

2018-01-04

Steve Randall Canadian Real Estate Wealth Home sales in 2015 and 2016 surged in Metro Vancouver but last year saw a return to more historically normal levels. The Real Estate Board of Greater Vancouver says that there were 35,993 sales of h…

Paying down debts the top priority for Canadians this year

2018-01-04

Ephraim Vecina Mortgage Broker News Amid growing household debt and the possibility of more increases in interest rates, settling debts remains the top financial priority for Canadian consumers in 2018, according to the latest poll conducte…

2018 forecast - Will the housing market crash by year's end

2018-01-04

2018 forecast: Will the housing market crash by year's end? Neil Sharma Mortgage Broker News James Loewen believes the government has catalyzed the very thing it is trying to prevent with the recent B-20 changes, and the irony isn’t l…

Review agency agreements before signing on the dotted line

2018-01-04

Broker should work in the best interest of the strata corporation, not individual owners Tony Gioventu The Province Dear Tony : In October, our owners instructed our strata council to hire a commercial broker to market our strata corporatio…

Clayton Walk 18505 Laurensen Place Surrey 143 townhomes by Anthem Properties

2018-01-04

Clayton Walk design speaks to townhomes' eventual occupants Mary Frances Hill The Province Clayton Walk Project Address : 18505 Laurensen Place (185th and Fraser Highway) Surrey What : 143 townhomes within walking distance to…

B.C. ups homeowner grant threshold

2018-01-04

Properties assessed below $1.65 million will receive full rebate, up from $1.6 million Derrick Penner The Province The ink was barely dry on British Columbia’s 2018 property assessments before the province announced a three-per-cent i…

Vancouver has Canada's priciest premium properties - study

2018-01-03

Ephraim Vecina Canadian Real Estate Wealth A recent study from Engel & Völkers has found that Vancouver plays host to Canada’s highest-priced luxury properties, mirroring trends in the city’s mid-range residential as we…

New rules will further stoke hunger for unregulated lending options

2018-01-03

Ephraim Vecina REP Amid a scarcity of viable financing choices, a growing number of Canadians are moving towards private unregulated lenders, even as the federal government is trying to rein in a home-price surge that has driven household d…

Victoria developers unleash new real estate projects

2018-01-03

The Capital region is roaring into 2018 with multi-billion-dollar developments starting or expanding Andrew Duffy/Richard Watts Western Investor Victoria will accelerate into 2018 as B.C.’s second-busiest city for real estate developm…

Commercial property values to increase up to 50 per cent: BC Assessment

2018-01-02

2018 commercial property values will rise up to 20 per cent higher than last year's 30 per cent increase Tanya Commisso Western Investor Property owners across Greater Vancouver can expect 2018 assessment notices reflecting a 5 to 50 per ce…

BCREA 4th Quarter Housing Report

2017-12-28

BCREA Download Document

Foreign ownership data just 'tip of the iceberg'

2017-12-28

Further study may look at homes owned by B.C. shell companies, students and other family members Dan Fumano The Province Recent data released by Statistics Canada only looked at non-resident property ownership in Vancouver and Toronto. NICK…

Motion would see mansions in shadow of social housing

2017-12-23

Social housing in posh Vancouver postal code? Not so fast Matt Robinson The Vancouver Sun If Hector Bremner had his way, mansions in tony West Point Grey would be flanked by six-storey flats flush with students, seniors and social housing r…

Year in Review: Juwai Top Stories of 2017

2017-12-22

As 2017 comes near to an end, we take a glance back at the biggest news and stories that made waves over the past 12 months. other Here are some of our top stories that defined and summed up the year that was 2017:   #1 China tightened…

At less than an acre, this Vancouver restaurant site just sold for $245M

2017-12-22

other The land where a White Spot currently sits in Downtown Vancouver has sold for $245 million. The selling price for the site currently occupied by the restaurant likely means the new condos that will be built will be out of reach for mo…

White Spot site on West Georgia sells for whopping $245 million

2017-12-21

Downtown plot of almost an acre among top sites on continent, consultant says Kevin Griffin /Glenda Luymes The Vancouver Sun The high-profile White Spot site on West Georgia has been sold for a reported $245 million, which is among the high…

Fraser Valley benchmark home prices nearing $1M

2017-12-18

Ephraim Vecina Canadian Real Estate Wealth Options for budget-conscious home buyers in British Columbia are getting scarcer, as the benchmark price for a single-family detached home in Fraser Valley – long considered an affordable alt…

Heather and Seventeenth 717 West 17th Avenue 16 homes in a 4 storey low rise by Terra Blanka Developments

2017-12-16

Heather and Seventeenth to take its place in an established city location Michael Bernard The Vancouver Sun Heather and Seventeenth Project Address: 717 West 17 th   Ave., Vancouver Project Scope: A total of 16 homes — 10 tw…

Shadow lending growing as Canadians chase housing dream

2017-12-15

Bloomberg Mortgage broker Samantha Brookes is trying to figure out how to get one of her clients out of a housing-fuelled debt hole. The couple, a 59-year-old Toronto city worker and her husband, 58, have so much debt that they stopped maki…