Real Estate News & Articles

Regulations spur ?uncertainty? in high-end homes: Sotheby?s

2017-03-23

ALEXANDRA POSADZKI The Vancouver Sun Recent government regulations have created “unprecedented levels of uncertainty” for the high-end home market heading into the key spring buying season, Sotheby’s International Realty C…

Liberal budget released- These are the housing related promises

2017-03-22

Jordan Press REP Cities and affordable housing providers will find themselves with $11.2 billion more to spend on new and existing units over the coming decade, as part of the federal government's multi-pronged push to help people find home…

Richmond construction company sues Vancouver Trump Tower developer

2017-03-21

Trump Tower developer facing lawsuit Sam Cooper The Province A Richmond construction company has sued the developer of Trump International Tower and Hotel, seeking almost $800,000 in alleged unpaid fees. Last week in B.C. Supreme Court, Urb…

BC extends foreign buyer tax exemptions

2017-03-20

Steve Randall REP More foreign buyers of homes in British Columbia will be able to claim exemption from the additional property transfer tax introduced last year. The government said Friday that the exemption will apply for workers moving t…

B.C. home sales "typical" for February but far short of February 2016

2017-03-20

Mortgage Broker News Home sales across British Columbia in February were typical for the month, according to real estate experts, but when compared to sales just one year earlier, the numbers appear much more stark. The British Columbia Rea…

GTA market is approaching "full blown affordability crisis" : CIBC economist

2017-03-20

Mortgage Broker News The Greater Toronto Area (GTA) market is “fast approaching a full-blown affordability crisis,” according to research published by the Canadian Imperial Bank of Commerce (CIBC) on Thursday. “Until 2016 …

Land shortage, economy prompt surge in B.C. commercial real estate sales

2017-03-20

Geordon Omand The Vancouver Sun A shortage of land and a growing economy fuelled a 47-per-cent surge in the value of commercial real estate sales across British Columbia's Lower Mainland in 2016, says the head of the region's real estate bo…

Upcoming Changes to Small Claims Court and Civil Resolution Tribunal

2017-03-20

Important changes to Small Claims Court other Changes to BC law announced today will make important changes to the work the Provincial Court does under the Small Claims Act. Starting June 1, 2017, with just a few exceptions civil claims of …

CREA 2016 Annual Report

2017-03-18

CREA other The 2016 Annual Report from CREA can be view in its entirety HERE

Juniper at 2632 Library Lane North Vancouver 58 homes in a 5-storey low-rise by Polygon

2017-03-18

Polygon's Juniper attracting a range of homebuyers SIMON BRIAULT The Vancouver Sun   Juniper at Timber Court Project location: 2632 Library Lane, North Vancouver Project size: 68 homes, one to three bedrooms, between 638 and 1,147 squa…

5 key takeaways from CREA's latest release

2017-03-17

Justin da Rosa REP Trends agents need to know about in the constantly evolving real estate industry. Toronto has major impact on overall stats February sales were up in 70% of all markets, according to the Canadian Real Estate Association, …

Some foreign buyers get break from tax they face on Vancouver real estate

2017-03-17

Some foreign buyers to get a break from 15% surcharge tax on housing Derrick Penner The Vancouver Sun The province unveiled changes to its foreign-buyer tax on real estate on Friday, exempting skilled workers immigrating here under the…

Simple alterations can be messy without bylaw enforcement

2017-03-16

Owners need permission for changes that affect other lots Tony Gioventu The Province Dear Tony : We live in a 26-unit townhouse complex in the Tri Cities. Unlike conventional side-by-side townhouses, we have one of top of the other. Thirtee…

Kindred 600 East 3rd Street North Vancouver 96 homes in two 5 storey buildings by Fairborne Homes

2017-03-16

Modern meets mid-century in North Vancouver?s Moodyville neighbourhood Mary Frances Hill The Province Kindred What:  96-home development that will comprise two five-storey buildings of one- and two-bedroom homes in the Moodyville neigh…

Renters still left in the cold as Liberals waver on loophole fix

2017-03-16

B.C. Liberals reluctant to protect renters from lucrative loophole Matt Robinson The Vancouver Sun It is unconscionable that a loophole has been permitted to remain in the Residential Tenancy Act that undermines half the&nbsp…

Spies, cybercrimes and a wealthy Canadian

2017-03-16

22-YEAR-OLD ALLEGEDLY WORKED FOR RUSSIAN HACKERS ? STEWART BELL AND ADRIAN HUMPHREYS The Vancouver Sun At 22, Karim Baratov was already living the high life. Despite having been expelled from high school in Ancaster, Ont., he owned luxury c…

CREA releases monthly housing stats

2017-03-15

REP The hot real estate market in Toronto and the surrounding areas helped push home sales up last month to their highest mark in nearly a year. The Canadian Real Estate Association says home sales though its MLS system hit their highest le…

The Federal Reserve has raised its benchmark interest rate

2017-03-15

Fed rate decision comes in Martin Crutsinger Canadian Real Estate Wealth The Federal Reserve has raised its benchmark interest rate for the second time in three months and signalled that any further hikes this year will be gradual. The move…

Mike Harcourt's train of thought: Build a subway to UBC

2017-03-15

Harcourt offers his train of thought Glen Schaefer The Vancouver Sun Former B.C. premier and Vancouver mayor Mike Harcourt says transit authorities are thinking too small with the current plan to extend the Millennium Line underground to Ar…

Can the recent mortgage rules be reversed?

2017-03-14

Justin da Rosa Mortgage Broker News Gary Mauris , president of Dominion Lending Centres has been hard at work educating the government about just how disastrous last October’s mortgage rule changes have been for potential home buyers.…

Architect transformed communities worldwide

2017-03-13

Business wizard was a calm philosopher who meditated daily, juggled obligations STEPHEN HUME The Vancouver Sun Visionary artist, calm philosopher who meditated every day — even while juggling complex obligations that involved hun…

Federal Budget 2017 - $300 Million in Funding Announced for New Housing Data

2017-03-13

Millions in Funding Announced for New Housing Data: Federal Budget 2017 Penelope Graham other There were no new measures to further cool the Canadian housing market in today’s tabling of the Federal Budget – though a good chunk …

Navio at the Creek 1678 / 1688 Pullman Porter Street Vancouver 177 homes in two concrete buildings of 12 and 14 storeys by Concert Development

2017-03-11

Residents of Concert?s NAV?O at The Creek will overlook parkland and be but steps from the seawall Michael Bernard The Vancouver Sun   Many people reaching retirement look forward to downsizing to a quiet place in the Okanagan or on Va…

3D virtual reality listings are here now

2017-03-10

Boutique brokerage launches, focuses on technology Justin da Rosa REP The industry’s newest brokerage is the first of its kind, offering a virtual reality experience for its clients “Virtual reality is a powerful new tool that a…