Real Estate News & Articles

Parties hone in on high home prices

2017-04-28

Everyone knows the market is broken, but there?s less on agreement about how to fix it Sam Cooper The Province With housing affordability rating as a top election issue for B.C. voters, political parties have offered a number of promises to…

Gramercy's The Crossing takes a tranquil, wooded setting

2017-04-27

TOWNHOME RESIDENTS WILL BE SET BACK FROM THE HUSTLE AND BUSTLE, BUT CLOSE TO SHOPS AND SERVICES The Province The homes will range to almost 2,000 square feet and have impressive finishes, inside and out. SUPPLIED Situated beside the Peace A…

Parc East residents will enjoy the best of urban and rural living

2017-04-27

ALTAS DEVELOPMENTS? PORT COQUITLAM CONDOS SET FOR SALES LAUNCH ROBIN BRUNET The Province If location is everything, then what could be better than being in the big city on the edge of wilderness, as is the case with Parc East by Altas Devel…

Different definitions apply to majority votes

2017-04-27

Read your bylaws, as rules for strata may vary by situation Tony Gioventu The Vancouver Sun Dear Tony : At our first council meeting since the AGM, we spent two hours arguing about how strata councils make decisions at council meetings. We …

1335 Howe 120 homes in a 40-storey tower at 1335 Howe Street by Onni Group

2017-04-27

Visitors impressed with Onni?s 1335 Howe Mary Frances Hill The Province 1335 Howe Where: 1335 Howe Street, Vancouver What: 120 homes in a 40-storey tower, with only four homes per floor (one at each corner), with retail and amenities on the…

CMHC red flag remains but there is improvement

2017-04-27

Steve Randall REP The CMHC’s early-warning system of problems in Canada’s housing markets continues to show “strong evidence of problematic conditions” but there is some improvement. The agency has published its late…

Highlights from the Spring Market Trends report

2017-04-26

Justin da Rosa REP 5 things agents across the country need to know. Move over buyers forced out of major markets Buyers in and around the country’s hottest markets – Toronto and Vancouver – are being forced out of those ma…

Ontario will impose foreign buyer tax and rent control as part of 16-point Fair Housing Plan

2017-04-26

other On Thursday, April 20, Kathleen Wynne introduced Ontario’s Fair Housing Plan , a set of measures that will tax foreign buyers, and establish more regulations for speculators entering the Toronto real estate market. Many owners a…

Resistance may not be futile with our robot overlords

2017-04-26

TED Talks delves into ways automation can ?augment? careers and everyday life DERRICK PENNER The Vancouver Sun Whether we should fear future “robotic overlords,” job-killing technologies born out of artificial intelligence and a…

Victoria could be next with foreign buyer tax

2017-04-25

Steve Randall Canadian Real Estate Wealth Real estate speculators are in the sights of city officials in Victoria who have asked the BC government to allow them to tax some foreign buyers. The measure that was implemented in Vancouver last …

Forecasting Toronto's housing policy impact

2017-04-24

Justin da Rosa REP One big bank lays out potential positives and negatives of new housing measures. TD Bank takes a close look at the Ontario’s Fair Housing Plan and analyses some of the more material changes. “We believe the go…

The Main 37881 Cleveland Avenue Squamish 110 condos in a 5-storey mid-rise by Gravitas Partners

2017-04-22

With The Main, Gravitas introduces community-focused housing in Squamish SIMON BRIAULT The Vancouver Sun The Main Project location: 37881 Cleveland Ave, Squamish Project size: 110 units, one and two bedrooms, 428 to 1,158 square feet, price…

BC Parties tackle hot-button issue of housing affordability, in their own ways

2017-04-22

The Issue Of Affordable Housing Sam Cooper The Vancouver Sun B.C. residents say affordable housing is the top election issue, according to several polls. And the governing B.C. Liberals and their main challenger, B.C.’s…

Rival's small market may have led to end of Google probe

2017-04-22

Effect of tech giant?s operating system on competition flagged as concern in memo SEAN CRAIG The Vancouver Sun TORONTO The department of Canadian Heritage expressed concern about the impact Google’s operating system is having on small…

60% of China's high net worth individuals (HNWIs) intend to buy overseas property within the next three years

2017-04-21

5 tips to better tailor your property tour for Chinese buyers Juwai other For international brokers and agents around the world, that could be music to their ears, especially with the upcoming Dragonboat Festival long weekend at the end of …

Sun Towers at 4458 Beresford Street Burnaby a 41 storey tower with 479 homes by Belford Properties

2017-04-21

REW Spectacular views, luxurious homes and a private residence club to rival a five-star hotel, welcome to Sun Towers . Unlike anything you’ve seen in Burnaby before, Belford Properties presents a 41-storey tower, the final tower in t…

Ontario to place 15 per cent tax on foreign buyers to cool GTA housing market

2017-04-20

REP The Canadian Press has learned that the Ontario government will place a 15-per-cent tax on non-resident foreign buyers as part of a much-anticipated package of housing measures to be unveiled today. The measures are aimed at cooling dow…

Consult an experienced lawyer when pondering a strata sale

2017-04-20

List property publicly to get best price, but be ready for a court fight Tony Gioventu The Province Dear Tony : Our strata is considering the option of selling. We have been approached by a developer who has offered us all 20 per cent above…

Yukon Residences at 450 West 59th Avenue 32 one, two, three and four bedroom flats and townhouses by Alabaster Homes

2017-04-20

Alabaster Homes? development offers ?homey? touch to owners looking to downsize Mary Frances Hill The Province Yukon Residences Where: 450 West 59th Ave., Vancouver What: 32 one-, two- and three-bedroom (garden flats); and three- and four-b…

Vancouver correction may be short-lived says real estate chief

2017-04-19

Steve Randall REP Housing markets in Toronto and Vancouver are heading in opposite directions but a prominent real estate executive believes that the downward turn for Vancouver may not last. Royal Le Page president and CEO Phil Soper has g…

If cities don't get smart, they'll lag behind

2017-04-19

Data-mining is on the rise in both Europe and the U.S. EVAN DUGGAN The Vancouver Sun Nikolas Badminton, a futurist, author and teacher, speaks at the Vancouver Real Estate Forum on Tuesday. FRANCIS GEORGIAN Badminton said commercial real es…

Impact of B.C.'s foreign buyer tax wanes as March sales surge almost 50 per cent

2017-04-19

Impact of foreign buyers tax may be on the wane Joanne Lee-Young The Vancouver Sun Blistering Toronto home price gains have federal and provincial politicians in Ontario talking about a speculation tax on non-resident home buyers.…

National home sales hit March high as Ontario's market 'is now on fire'

2017-04-19

March home sales hit record high, Canadian Real Estate Association says Craig Wong The Vancouver Sun OTTAWA - Home sales across the country hit a record high last month, propped up by transactions in the fiercely hot market of Tor…

CREA releases latest stats, warns against further housing policy

2017-04-18

Canadian Real Estate Wealth It was a record-breaking month for Canadian real estate in March. The association says home sales over its Multiple Listings Service system increased by 1.1 per cent in March to top the previous monthly record se…