Real Estate News & Articles

Canadians are world's second most digitally active homebuyers

2017-07-28

Steve Randall Canadian Real Estate Wealth Canadian homebuyers are highly likely to research their housing options online and are second only to the UK for doing so. Figures from HSBC show that 90% of Canadians who bought a home recently use…

CMHC says housing market red flag remains

2017-07-27

Steve Randall Canadian Real Estate Wealth growing house prices clashes with a slowing of adult population growth and a decrease in disposable household income. The agency’s early warning system report shows that evidence of overvaluat…

7 Ways Big Data Could Revolutionize Life By 2020

2017-07-27

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Chinese Global Propery Investment Report July 2017

2017-07-27

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When disaster strikes, who keeps paying the bills?

2017-07-27

When disaster strikes a building, just who keeps paying the bills? Tony Gioventu The Province Dear Tony: Our building was recently damaged in a fire that has required everyone to move out while the fire, water and smoke damage is repaired. …

Pelican Cove 1875 Tsawwassen Drive has 42 townhomes and 20 duplexes by Aquilini Developments

2017-07-27

Pelican Cove at Tsawwassen Shores: Natural elements on display inside and out Mary Frances Hill The Province Pelican Cove at Tsawwassen Shores Where: 1875 Tsawwassen Drive What: 42 townhomes and 20 duplexes in the final stage of the Tsawwas…

Vancouver wants more modular housing built to help homeless

2017-07-27

City wants 600 more modular housing units built for homeless Cheryl Chan The Province The City of Vancouver wants to see 600 modular units built at a cost of $45 million to shelter the city’s homeless by this winter.  The proposa…

Vancouver mayor outlines new priorities, measures to address housing affordability

2017-07-26

Mayor outlines ?ambitious? new affordable housing plan Cheryl Chan The Province The City of Vancouver has released a 10-year housing target that shifts its housing strategy towards renters, low to moderate-income earners, and families.…

Chinese demand for Vancouver luxury real estate not waning

2017-07-26

Ephraim Vecina Canadian Real Estate Wealth The continuous demand for Vancouver’s high-end homes mirrors the hunger for this property type among Chinese would-be buyers and investors. A notable example of this is the 30-storey, 256-uni…

Home sales are down while dip in prices not as dramatic

2017-07-25

MITCHELL THOMPSON The Vancouver Sun Housing sales figures may be declining in Toronto and Vancouver, but with listings remaining scarce, economists are warning that significant gains in affordability may prove elusive. Existing home sales i…

Experts split on interest rate rises

2017-07-24

Steve Randall Canadian Real Estate Wealth Further interest rate rises may or may not be on the cards in 2017 with no expert consensus as yet. Following the increase on July 12, Bank of Canada governor Stephen Poloz said that further rates w…

Vancouver commercial real estate benefiting from retail segment's growth

2017-07-24

Ephraim Vecina REP A seismic shift in how the retail segment operates is fuelling an ever-stronger demand for industrial space in Vancouver, according to a discussion at a recent meeting of commercial real estate association NAIOP. Panel mo…

Granite at McKinley Beach 3450 McKinley Beach Drive Kelowna 100 condos total and 18 three level townhomes overlooking the lake by Acorn Homes

2017-07-22

Granite at McKinley Beach offers best of both worlds Michael Bernard The Vancouver Sun Granite at McKinley Beach Project Location:  3450 McKinley Beach Drive, Kelowna Project Size/Scope:   A first phase of 36 of 100 condomini…

Mirabel at English Bay 1345 Davie two towers of 18 and 19-storey with a total of 149 homes by Marcon

2017-07-22

Marcon?s Mirabel at English Bay takes prime position in the West End Kathleen Freimond The Vancouver Sun Mirabel at English Bay Project location: 1345 Davie Street, Vancouver Project size: Neighbouring 18- and 19-storey buildings (149 homes…

Vancouver proposes infill incentives for thousands of homes

2017-07-21

Steve Randall Canadian Real Estate Wealth Thousands of new homes could be created in Vancouver after city staff announced proposals to allow more infill options for character homes. All of the approximately 12,000 pre-1940s homes across the…

Vancouver looks at new housing options in single-family neighbourhoods

2017-07-21

City looks at adding homes to single-family neighbourhoods Dan Fumano The Province Vast areas of Vancouver dominated by single-family houses could soon be opened up for different kinds of housing, including more duplexes and laneway houses,…

New housing starts in Vancouver plunge 80 per cent from a year ago

2017-07-20

Frank O'Brien Vancouver Courier Vancouver’s new housing sales have been on a blistering pace over the past two years and the inventory of new condos has fallen to historic lows, so it was a surprise to some when housing starts plunged…

West End residents to chime in on proposed 57-storey First Baptist Church redevelopment

2017-07-20

Jessica Kerr Vancouver Courier Vancouver residents still have the chance to have their say on a proposed 57-storey skyscraper in the city’s West End. The public hearing for the proposal, a partnership between Westbank Corp and First B…

Eliminating rental restrictions will increase speculation

2017-07-20

Lifting bylaws won?t ease the housing shortage Tony Gioventu Times Colonist Dear Tony: Is it true that the government is going to cancel the ability of strata corporations to enforce any type of rental limitation or restriction bylaws? Our …

Seven Peaks at 39548 Loggers Lane Squamish 70 townhomes by Polygon Seven Peaks Ltd

2017-07-20

Squamish development?s refined style able to balance adult tastes with the ?kid in you? Mary Frances Hill The Vancouver Sun Seven Peaks What:  70 three-bedroom-and-flex and four-bedroom townhomes Where:  39548 Loggers Lane, Squami…

Canadians' purchases of U.S. real estate hit US$19B

2017-07-20

GARRY MARR The Vancouver Sun They are a group of foreign buyers who took out record levels of currency from their country in the past year to buy residential property in the U.S., though only a minority plans to take up permanent residence.…

Governments "hypocritical' over household debt says Fraser Institute

2017-07-19

Steve Randall Canadian Real Estate Wealth The high levels of Canadian household debt should not be viewed in isolation a new report from the Fraser Institute says. While household debt has risen to $2 trillion, far above the $357 billion of…

Suite of housing measures cooling market largely as expected - Morneau

2017-07-19

Andy Blatchford Canadian Real Estate Wealth The federal finance minister says steps taken to tame Canada's hottest housing markets have already helped slow down a sector he believes was moving at an unsustainable clip. Bill Morneau's commen…

Market in the midst of soft landing: Big bank

2017-07-19

Justin da Rosa Canadian Real Estate Wealth Canada’s market may be in the midst of a soft landing, and the foreign buyer tax is having an impact, according to recently released stats. “The Canadian housing market is now in its th…