Real Estate News & Articles

Toronto's Large Condo Shortage, Vancouver's Empty Homes Tax, and Ontario Condo Disputes Go Online

2017-11-10

other Toronto Condo Bedrooms Come Up Short: Study As house prices continue to rise in the Greater Toronto Area, buyers are increasingly turning to condos as their market entry point and are living the highrise lifestyle for longer, rather t…

Township Commons 20487 65th Avenue Langley Townhomes and Condos in a planned community by Kingdom Properties

2017-11-09

Services and amenities will be near at hand, while a clubhouse will make for a true gathering spot on site ROBIN BRUNET The Province Developer: Kingdom Properties Website: www.townshipcommons.com Phone: 604-539-7750 Contact: info@townshipco…

Be clear on the difference between rules and bylaws

2017-11-09

Rules and bylaws require different approaches Tony Gioventu The Province Dear Tony: Last September was my strata corporation’s AGM. At the AGM, the strata corporation adopted a pet rule that prohibits more than one dog per strata lot.…

Evolv35 35 four bedroom townhomes at 312 Moody Avenue North Vancouver by Guildford Brook Estates

2017-11-09

Evolv35 homes come with an extra: the 'lock-off suite' Mary Frances Hill The Province Evolv35 Where:  312 Moody Ave., North Vancouver What: 35 four-bedroom townhomes situated in Moodyville, a new, award-winning master-planned community…

How Can We Solve Affordability? By Redefining Housing

2017-11-08

In a city of NIMBYs and BANANAs, creativity is needed to find ?missing middle? of housing Anne McMullin REW Out of crisis comes creativity. Vancouver’s affordable housing issue has led to the development of innovative approaches that,…

OSFI's rule changes will hurt small towns

2017-11-08

Neil Sharma Mortgage Broker News In a bid to quell rising prices in the Vancouver and Toronto markets, the government may be causing irreparable damage in smaller cities and towns across Canada with mortgage underwriting rules, set to take …

IBM urges use of blockchain to help fight pot black market

2017-11-08

IBM urges B.C. government to use blockchain to track marijuana sales Armina Ligaya The Vancouver Sun IBM Corp. is urging the B.C. government to use blockchain to track marijuana sales throughout the entire supply chain once recreational can…

RBC highlights divergence of Toronto, Vancouver markets

2017-11-07

Steve Randall Canadian Real Estate Wealth The housing markets of Toronto are Vancouver are showing differing trajectories according to a report from RBC Econonic. Toronto has returned to a more composed and sensible position following the i…

Where are BC's Best Bets for Real Estate Investment?

2017-11-06

Joannah Connolly REW Six of the top 10 cities are in the Lower Mainland, according to annual rankings The rapidly growing city of Surrey is once again ranked as the best bet to invest your buck in real estate, according to an annual ranking…

Second highest October sales in the Fraser Valley

2017-11-06

Steve Randall Canadian Real Estate Wealth There were 1,799 home sales in the Fraser Valley in October, the second highest number for the month since the region’s real estate board was founded. Total MLS sales processed by the Fraser V…

Bertrand Creek 27540 28th Avenue Langley 61 single family homes by Epic Homes

2017-11-04

Epic Homes to release second phase of Bertrand Creek Shawn Conner The Vancouver Sun After a successful roll-out of phase one of its Bertrand Creek development, Epic Homes has started construction of the Aldergrove location’s second ph…

Elenore on Fifth 2106 Main Street an 8 storey building with 58 homes by Chard Development

2017-11-04

Design and positioning of Elenore on Fifth to maximize the spectacular outlooks Kathleen Freimond The Vancouver Sun Elenore on Fifth Project address : 2106 Main Street, Vancouver Developer : Chard Development Ltd. Architect : Proscenium Arc…

Vancouver sales surge but inventory is mixed

2017-11-03

Steve Randall REP It was a varied housing market for Metro Vancouver in October with supply of detached homes offering greater choice for buyers while the townhouses and apartments markets were more competitive. Overall sales surged 35.3% y…

Will TREB take issue with Zillow?

2017-11-03

Neil Sharma Canadian Real Estate Wealth Canadian real estate attracts interest from around the world, and now American company Zillow has announced that it plans to add Canadian listings early next year. However, that could ruffle feathers …

Foreign buyers find loophole in Vancouver real estate

2017-11-03

Neil Sharma REP Foreign buyers are back in Vancouver’s residential real estate market, accepting the foreign buyer tax as the cost of doing business. However, they have also been quietly buying commercial real estate throughout the Gr…

Foreign nationals continue to flock to Vancouver's homes

2017-11-03

Ephraim Vecina Canadian Real Estate Wealth According to the latest property transfer data released by the British Columbia government, the proportion of sales involving foreign nationals in Metro Vancouver inched up between April and Septem…

Holidays can present potential conflicts for stratas

2017-11-02

When it comes to decorations, make sure to include everyone Tony Gioventu The Province Dear Tony : What types of decorations are a strata allowed to put up during the holiday seasons? Our condo has traditionally decorated our lobby and club…

Imperial 15633 Mountain View Drive Surrey 87 three-level townhomes by T.M. Crest Homes

2017-11-02

Imperial a South Surrey family affair Mary Frances Hill The Province Imperial Project location : 15633 Mountain View Dr., Surrey Project scope : 87 four- and five-bedroom three-level townhomes on six acres. Close to Morgan Crossing sho…

Toronto home sales see above average 12% monthly jump in October, board says

2017-11-02

Canadian Real Estate Wealth Toronto area home sales rebounded by 12 per cent from September to October, pointing to a stronger fall market after a policy-driven pullback from a frenzied market that peaked earlier this year. The Toronto Real…

Greater Vancouver Real Estate, October 2017

2017-11-02

Andrea Nazarian REW The Greater Vancouver real estate market saw a very busy October, suggesting that buyers are eager to get into the real estate market prior to  mortgage rule changes coming early 2018, according to our editor's in-d…

New tree takes root at top of West End Eugenia Place tower

2017-11-01

Crane lifts two-year-old pin oak to roof terrace of Eugenia Place, restoring a neighbourhood landmark Jan Zeschky Vancouver Courier The rumours that Leonard Nimoy once lived at Eugenia Place will forever be a part of Vancouver folklore. The…

Victoria Home Sales See "Controlled Levelling-Off"

2017-11-01

Benchmark prices remain robust as market cooldown slows, 'illustrating stability,' says board Joannah Connolly REW Victoria homes sales continued to fall year-over-year in October, but at a slower rate of decline, indicating the market cool…

Metro Vancouver home sales involving foreign buyers increased in September

2017-11-01

Foreign buyers doubled share of Vancouver home deals Steve Randall Canadian Real Estate Wealth The number of home sales in Metro Vancouver which involved foreign buyers increased in the 6 months to the end of September. Data from the BC Min…

Canadian housing sector exhibiting overvaluation and price acceleration - CMHC

2017-11-01

Ephraim Vecina REP In its latest study, the Canada Mortgage and Housing Corp. reported that the nation’s housing markets remain “highly vulnerable” with evidence of moderate overvaluation and price acceleration. The Toront…