Real Estate News & Articles

High cost of living makes hiring hard: BCTF

2017-08-23

Districts race to beat the bell with schools short-staffed across B.C. Cheryl Chan The Vancouver Sun Help wanted: With two weeks left before the school year starts, hundreds of teaching positions are still vacant in more than 30 school dist…

Districts race to beat the bell with schools short-staffed across B.C.

2017-08-23

High cost of living makes hiring hard: BCTF CHERYL CHAN The Vancouver Sun Help wanted: With two weeks left before the school year starts, hundreds of teaching positions are still vacant in more than 30 school districts across B.C. About 171…

$28m Price Tag for Surrey Villa is Nearly 10x Assessed Value

2017-08-22

Andrea Nazarian REW A BC couple is asking for $28 million for their Tuscan villa-style home in the Fraser Valley, a mere two years after its completion. The 14,225-square-foot custom-built mansion sits on 76 acres of Surrey agricultural res…

Tighter lending restrictions could hit first-timers hardest

2017-08-21

Steve Randall REP The proposals to tighten mortgage insurance underwriting practices could damage affordability especially for first time buyers according to the real estate association in British Columbia. OSFI began a consultation period …

Amazon?s hiring spree makes waves in tech sector

2017-08-21

300 job openings hailed as ?a great signal? to the world about business in Vancouver Derrick Penner The Vancouver Sun Online retail and technology giant Amazon has been coy about its ambitions for growth in Vancouver, but the careers sectio…

Apple suppliers finally cashing in

2017-08-21

Technologies that took years to develop part of newest iPhone ALEX WEBB The Vancouver Sun It was the late 1990s, and entrepreneurs Steven Abramson and Sidney Rosenblatt were pitching an electronics giant on their new flat-screen technology.…

CastleRock on Lake Windermere 4254 Castlestone Boulevard Invermere a master planned community on 306 acres by CastleRock Estates Development Corp

2017-08-19

Year-round recreation on offer at CastleRock Michael Bernard The Vancouver Sun CastleRock on Lake Windermere Project Address:  4254 Castlestone Blvd., Invermere Project Scope:   A master-planned community of fully servic…

Foster Martin 334 homes in three towers at 1484 Martin Street White Rock by Landmark Premiere Properties

2017-08-19

Foster Martin development poised to bring new energy to community?s town centre Simon Brault The Vancouver Sun Foster Martin Project location : 1484 Martin Street Project size : 334 homes in three towers, one to four bedrooms ranging from 8…

The tax hassles of owning and selling a cottage or second home

2017-08-19

The biggest tax problem associated with a vacation property is the potential for capital gains tax upon either the sale, or gift of the property, or the death of the owner JAMIE GOLOMBEK The Vancouver Sun As summer winds down, and families …

334 homes development names from Foster and Martin Streets

2017-08-19

Foster Martin set to transform White Rock town centre Simon Brault The Vancouver Sun An artist's rendering of Foster Martin, a project from Landmark Premiere Properties Ltd., in White Rock. [PNG Merlin Archive] PNG PNG For many decades, Whi…

Home equity loans a risk

2017-08-18

Lenders say they fulfil a need; critics warn of dangers, high costs Dan Fumano The Vancouver Sun Their ads trumpet the ease of using the equity in your home to get cash. Alpine Credits helps customers get loans approved “reg…

Fight over nine-inch railings nails strata owners with big bill

2017-08-17

Prolonged dispute starting with $30,000 in renos ballooned into $200,000 in costs Ian Mulgrew The Vancouver Sun A strata dispute over about $30,000 in rooftop renovations has dragged through the courts and morphed into a bitter debate over …

Stratas tax exempt when not generating profits

2017-08-17

Exterior revenue sources may be taxable Tony Gioventu The Province Dear Tony : Do strata corporations pay income tax? Our strata negotiated an agreement with a communications provider to lease our rooftop for $50,000 a year, plus 25 per cen…

Etoile 5345 Goring Street Burnaby 398 homes in two towers with 4 units per floor by Millennium Development Group

2017-08-17

Etoile to shine on Burnaby?s skyline Mary Frances Hill The Province It’s no wonder residential corner units are so coveted among homebuyers, considering all their possibilities. When only one wall is shared with a neighbour, two walls…

Millennials to heavily impact real estate

2017-08-17

Canadian Real Estate Wealth Gen-Y is a massive cohort that is overwhelming interested in breaking into the real estate market – but will affordably challenges and impactful mortgage rules allow them to? “Facing challenges their …

Two more Vancouver Chevron stations sold for redevelopment, assessed value is $7.96 million and assessed value of $14.61 million

2017-08-17

With three more sites currently for sale, Chevron continues to sell off locations, profiting off their redevelopment potential Western Investor Two more Vancouver Chevron stations have shut down in favour of potential residential developmen…

Vancouver Rents Soar in a Single Year, Topping Nation

2017-08-16

Joannah Connolly REW If ever there was a good reason to try to get into home ownership, the latest rental price data from PadMapper is surely it. Vancouver’s rents have soared in the past year, from high to astronomical, with one-bedr…

Amount of Vancouver office space expected to become dire

2017-08-15

Office space demand in city may become dire Sam Cooper The Province Unprecedented demand for office space in Vancouver is expected to drive commercial real estate vacancies to the lowest rates ever, a new report says. The report from profes…

Real estate bonds the newest option in real estate investing

2017-08-15

Joe Rosengarten Canadian Real Estate Wealth Don’t be concerned if you haven’t heard about real estate bonds yet, not many investors have. But as Canadian investors look for alternative ways to generate income, growth and maximiz…

Mortgage rates are going up, according to a panel of experts

2017-08-14

Mortgage rate outlook REP Two of RateSupermarket.ca’s three expert panellists believe fixed mortgage rates will increase in the next 30-45 days. “Mortgage interest rates have increased, but not by as much as bond yields, so ther…

Summer Housing Market Continues to Sizzle

2017-08-14

BCREA Download Document

The Yates on Yates 848 Yates Street Victoria 20-storey tower 116 homes and ground floor retail by Chard Development

2017-08-12

The Yates on Yates by Chard Development will feature 116 units of varying sizes Kathleen Freimond The Vancouver Sun Project : The Yates on Yates Project address : 848 Yates Street Project City : Victoria Developer : Chard Development Archit…

The Parker 47 homes in a 4-story building at 305 West 41st Avenue by Townline Homes

2017-08-12

Townline presents The Parker, a 47-unit low-rise apartment building in Vancouver Simon Briault The Vancouver Sun The Parker Project location: 305 West 41 st Ave., Vancouver Project size: 47 homes, 1-3 bedrooms, 1,008 to 1,334 square feet. P…

Housing starts rise for 7th consecutive month

2017-08-10

Steve Randall Canadian Real Estate Wealth The six-month trend for housing starts was higher in July, the 7th consecutive month of gains and rising to 217,550 from 215,175 in June. “British Columbia and Alberta were the main contributo…