Real Estate News & Articles

Development now encroaching on Vancouver gas stations

2017-09-22

Ephraim Vecina REP A combination of ever-rising land values and high-density zoning in Vancouver’s major corridors will convince more gas companies to sell their fuelling stations in the city, according to a commercial real estate ana…

Rent-to-own deserves a better reputation

2017-09-22

Sohini Bhattacharya REM In 2013 Leigh Ann entered a rent-to-own (RTO) program through Clover Properties , an Ontario-based RTO company. She ran a day care from her home but had accumulated too much debt and not enough down payment to qualif…

Canada's 'borrowing binge' has put economy in precarious position, report warns

2017-09-22

Households will feel pain, but Canada seen to be in good shape if recession hits Garry Marr The Vancouver Sun Moody’s Analytics calls it “mortgage meltdown math”, but the subsidiary of the ratings agency paints an ugly pic…

The condo project at 7615 Cambie has pre-sale buyers angry over developer?s offer for a release from the contracts

2017-09-21

Pre-sale condo buyers at cancelled Langara West project contest developer's offer Joanne Lee-Young The Province Over a third of pre-sale condo buyers at the cancelled Langara West project in the Cambie Street corridor are challenging the de…

Fleetwood Rise 131 townhomes 16518 Fraser Highway Surrey by Anthem Properties

2017-09-21

Fleetwood's style rises to the occasion Mary Frances Hill The Province Fleetwood Rise What : 131 townhomes Where : 103 — 16433 Watson Drive, Surrey Residence sizes and prices : two-beds, three-beds, three-beds-plus-den, and four-beds;…

It's better to find solutions before a costly crisis occurs

2017-09-21

Condo Smarts: Better to find solutions before a crisis occurs Tony Gioventu The Province Dear Tony :  Our strata discovered that a pipe in a wall between my unit and a neighbour’ s unit had developed a leak. They hired a plumber …

What to look for when identifying REIT opportunities

2017-09-21

The opportunities in private equity investments Canadian Real Estate Wealth With performance in the Canadian stock market being so closely linked to the unpredictable energy sector, it is little wonder that domestic investors are seeking ou…

New B-21 Mortgage Rules Are Coming Here's What to Expect

2017-09-21

Mike Bricknell other Buckle in, borrowers: turbulent policy changes are on the way, and they’ll make it even tougher to qualify for a mortgage. The Office of the Superintendent of Financial Institutions (OSFI), has been warning since …

Median Detached Home Listing Price Breaches $2m Mark

2017-09-21

Joannah Connolly REW The median listing price of a detached home across the entire Greater Vancouver Multiple Listing Service® has breached the $2 million mark, our latest #REWCAP market data analysis has found. The median price of all …

Fines associated with using cell phones while driving

2017-09-20

other Effective Sep 12, 2017, BC police will take serious actions against Distracted Driving violations. Drivers will be fined $368 & deduct 6 points, if they were found doing the following when driving: Smoking, reading, looking at map…

Canadians want green spaces to be protected says TD poll

2017-09-20

Steve Randall Canadian Real Estate Wealth Protecting Canada’s green spaces is a priority for most people but a survey shows that they could be improved. The poll by TD Bank shows that 95% of Canadians say that access to green spaces w…

Mortgage Rate Forecast September 2017

2017-09-20

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Interactive Map Shows Income Needed for Detached Vancouver Home

2017-09-20

Andrea Nazarian REW An interactive map created by Vancouver-based data analytics company Mountain Math shows that even above-average incomes are not enough to afford a single-family home in Vancouver . The map lets users input their ye…

Government poised to make housing a right

2017-09-19

Jordan Press Canadian Real Estate Wealth The federal Liberals' are sending signals that they are ready to make a right to housing part of its national housing strategy. The declaration appears largely aspirational in nature at this point, a…

Kitec piping installed between 1995-2007 are being recalled

2017-09-19

Realtor says he?ll pay for faulty pipes Steve Randall REP Homeowners who bought a condo with faulty Kitec plumbing have been offered a lifeline by a Toronto real estate broker. An estimated quarter of homes with Kitec pipes fitted between 1…

Burnaby's Fortinet bulking up to combat brewing cyber threats

2017-09-17

Burnaby?s Fortinet bulking up in face of cyber threats Derrick Penner The Province International cybersecurity firm Fortinet is on the hunt to hire as many as 1,000 tech experts to fill its newly expanded data hub in Burnaby and help it kee…

Second+Main at 1847 Main Street 233 homes in a 12-storey tower by Create Properties

2017-09-17

Residents of Second + Main will be at home in a walkable, amenity ?rich neighbourhood Shawn Conner The Province With its eye-catching architecture and central location, Second + Main is in a unique position to be a new gateway to Mount Plea…

Burnaby's Fortinet bulking up in face of cyber threats

2017-09-17

Derrick Penner The Province International cybersecurity firm Fortinet is on the hunt to hire as many as 1,000 tech experts to fill its newly expanded data hub in Burnaby and help it keep on top of a rapidly expanding “threat landscape…

One Water Street at 1187 Sunset Drive Kelowna a 36 storey tower with 221 homes by North American Development Group

2017-09-16

Owners will be able to enjoy resort lifestyle without leaving building Michael Bernard The Vancouver Sun Project :  One Water Street , Kelowna Project Location : 1187 Sunset Dr., Kelowna Project Size/Scope : First of two towers, featur…

The Grande 300 Morrissey Road Port Moody 220 homes in a 26 storey tower by Onni

2017-09-16

Retail offerings, rapid transit and stellar views key to the appeal of Port Moody?s The Grande Kathleen Freimond The Vancouver Sun Project : The Grande Project addres s: 300 Morrissey Road Project City : Port Moody Developer : Onni Group Ar…

Home sales correction forecast for B.C., Ontario this year; 5.3% decline nationally

2017-09-16

National figure projected to be lowest in three years amid policy changes, interest rate hikes ROSS MAROWITS The Vancouver Sun Canadian home sales are expected to drop to their lowest level in three years in 2018, driven largely by a declin…

LIBERATING HUMANITY, OR ABANDONING IT?

2017-09-16

The giants of technology keep inventing ways to control our lives. Franklin Foer fears we?ll hit a point where we won?t be able to recover the individuality that?s been taken away. The Vancouver Sun Until recently, it was easy to define our…

Demand for new residential offerings expected to continue to be robust in the months ahead

2017-09-16

Heading for home at Green on Queensbury, Sussex and Terraces at the Peak Michael Bernard The Vancouver Sun Compared to last fall, when dozens of residential towers were launched in Metro Vancouver’s new-home market, real estate observ…

Claire Brownwell reveals some tips and notes of caution if you want to join the digital currencies? wild ride

2017-09-16

CRYPTO CURIOSITY Claire Brownwell The Vancouver Sun Investors who bought cryptocurrencies early on faced plenty of doubters, but today they’re laughing all the way to the bank. The price of bitcoin has had plenty of ups and downs duri…