Real Estate News & Articles

The RE/MAX Collection 2017 Spotlight on Luxury

2017-09-30

other Download Document

Green on Queensbury 707-747 East Third Street North Vancouver 164 homes in three 4-storey buildings by Qualex-Landmark Northern Limited Partnership

2017-09-30

Green on Queensbury makes for a fine fit in North Vancouver Michael Bernard The Vancouver Sun Project:  Green on Queensbury Project location:  707 — 747 East Third St., North Vancouver Project Size/Scope:  A total …

Province sets aside $291 million to fund modular housing for homeless in B.C.

2017-09-30

New housing units for homeless in B.C. to be ready as early as next year The Vancouver Sun British Columbia Premier John Horgan has announced funding for 1,000 new modular housing units in an attempt to tackle the growing issue of homelessn…

Break on affordability will likely be short-lived: RBC

2017-09-30

Not only are prices on the rise again, but interest rates have begun to climb as well. ARMINA LIGAYA The Vancouver Sun Housing affordability in Canada hit the worst level in 27 years in the second quarter of this year, according to a Royal …

'Whale' gamblers identified by BCLC also placed big bets on B.C. real estate

2017-09-30

'High-risk' VIPs may have used winnings to invest in properties, documents suggest Sam Cooper The Vancouver Sun This property at 7611 No. 5 Rd. in Richmond is a mansion built on farm property and is registered to Guo Tai Shi, alleged by cas…

Emotions drive Canadian homebuyers to smash their budgets

2017-09-29

Steve Randall Canadian Real Estate Wealth Sixty percent of Canadian homebuyers would exceed their budget to buy a home with more than half willing to smash it by $50K! "Emotions are playing too big of a role in the home buying process and a…

Kelowna to become multi-family housing hub?

2017-09-29

Ephraim Vecina Canadian Real Estate Wealth In its latest study, real estate team HM Commercial Group found that Kelowna is poised to distinguish itself in the B.C. housing market through its accelerated pace of building in the residential s…

Luxury segment fluctuating in GTA, Victoria and Vancouver

2017-09-29

Luxury segment fluctuating across Canada Neil Sharma REP While the luxury market is in flux throughout the country, sales are red hot in the GTA. According to a RE/MAX report, luxury condo sales in the GTA are up a whopping 85% year-over-ye…

Some condominiums are now being viewed as redevelopment sites

2017-09-28

So you want to liquidate your aging condo building Michael Geller Vancouver Courier Do you live in a well-located older condominium complex in need of extensive repairs? Have you been thinking of buying into an older condominium complex, or…

Residents tired of getting soaked for pool expenses

2017-09-28

Unfair to make owners pay for hotel pool Tony Gioventu Times Colonist Dear Tony: We have an issue of fairness in our strata that is dividing our community. Our strata is divided into two basic types of units. The first 10 floors are hotel u…

Terraces at the Peak 177 homes in a 13-storey tower at 8940 University Crescent Burnaby by Intergulf Development Group

2017-09-28

Small touches make for a big impact at Terraces at the Peak Mary Frances Hill The Province Terraces at the Peak Where : 8940 University Crescent, Burnaby What : 117 homes in a 13-storey condo building Developer and builder : Intergulf Devel…

Sales of $1 million condos up 85% in one Canadian market

2017-09-28

Steve Randall REP Demand for luxury property remains strong in many of Canada’s cities but for million-dollar condos one market has seen a huge surge. Sales of homes priced $1 million or more increased in the first seven months in Vic…

Vancouver Real Estate Now "More Expensive than New York"

2017-09-27

Joannah Connolly REW Even in the past couple of years, it used to be that although Vancouver’s home prices were expensive, the city ranked somewhere in the middle for average price per square foot when buying a condo, compared with ot…

Resorts reduce room volume to increase profits

2017-09-27

Owners say extra space for leisure, not rooms, can be the key to more bookings and higher profits Tyler Nyquvest Western Investor An Okanagan resort is hoping to curb the trend of overcrowded resort venues by reducing volume to increase pro…

Two Dramatic, Nature-Inspired Developments Proposed for West End be located at the intersection of Thurlow and Harwood, and at Alberni and Bidwell

2017-09-27

Andrea Nazarian REW Rezoning applications have submitted for two residential developments in Vancouver’s West End, according to the City of Vancouver website .  The first of the two is a proposed 39-storey market residential…

What's behind the rise of Mortgage Investment Corporations (MICs)?

2017-09-26

The inside track on mortgage investing Canadian Real Estate Wealth With returns ranging from 6% to 10%, depending on location, equity and scenario, it’s little surprise that mortgage investment corporations are becoming increasingly p…

New BC Energy Step Code proves costly

2017-09-26

The new building code amendment will add up to 80,000 to the cost of a new single-family home Andrew Duffy Western Investor The new B.C. Energy Step Code will add up to $80,000 to the cost of a new single-family house while having a minimal…

Golden Week 2017- get set for a Chinese outbound splurge

2017-09-26

other Buoyed by China’s consumer-driven travel boom, the upcoming 2017 October Golden Week – which runs from 1-8 October 2017 – already promises to be exceptional. For starters, the October Golden Week coincides with Mid-A…

Tenants flocking to New Westminster's commercial spaces

2017-09-25

Ephraim Vecina Canadian Real Estate Wealth The recent influx of tenants and investors in New Westminster’s commercial properties might be a good indicator of the city’s prospects as a strong contributor to the national market. I…

Real estate board continues crackdown

2017-09-25

Justin da Rosa REP The message has been sent: Anyone who publishes the Toronto Real Estate Board’s proprietary sold data can expect legal action. The board has a history of swiftly squashing any individual or organization that tries t…

Recent government regulation hurting rental market, report says

2017-09-25

Neil Sharma REP Although rent control appears to be here to stay, a new report proposes meeting halfway with a rolling exemption of 10 to 15 years, before reintroducing rent control for the same period of time, and then scaling it back agai…

Currents at Water's Edge 3188 Riverwalk Avenue 141 homes in two 7-storey mid-rise buildings by Polygon Homes

2017-09-23

Location is key to the draw of Polygon's Currents at Water's Edge Simon Briault The Vancouver Sun An artist?s rendering depicts Currents at Water?s Edge, which is to rise in the River District community in south Vancouver Currents at Water?…

Vancouver House condos starting at $620,000 for 400 square feet or $1,550 a square foot

2017-09-22

Want a piece of this? $620k to start SUSAN LAZARUK The Province Vancouver House, a twisted building at the north end of the Granville Street Bridge, is still at least a year from being built, and if you want in, be prepared to shell out a m…

Commercial market in BC may have peaked says Avison Young

2017-09-22

Steve Randall Canadian Real Estate Wealth There has been a rise in the commercial real estate market in British Columbia over the last few years but it may now have peaked. A report from Avison Young says that the build-up began in 2012 bef…