Real Estate News & Articles

CMHC hiking insurance premiums

2017-01-18

Mortgage rules spur changes GARRY MARR The Vancouver Sun Canada Mortgage and Housing Corp., the Crown corporation that controls the majority of the mortgage default insurance market in the country, is raising premiums for a third time in th…

Oilpatch anxious about threat of U.S. border tax

2017-01-18

Potential consumer backlash could discourage Trump?s plans: analyst JESSE SNYDER The Vancouver Sun Days ahead of the inauguration of U.S. president-elect Donald Trump, Canadian oil and gas companies are feeling anxious about the spectre of …

Mortgage insurance premiums hiked once again

2017-01-17

Canadian Real Estate Wealth CMHC announced early Tuesday it is increasing its loan insurance premiums effective March 17. “We do not expect the higher premiums to have a significant impact on the ability of Canadians to buy a home,&rd…

Pressure on GTA renters intensifies

2017-01-17

Canadian Real Estate Wealth   Those hoping to become first-time buyers in the Greater Toronto Area are under increasing pressure as soaring rents make saving for a downpayment tougher. Urbanation says that the average condo rents in th…

Moody's agency slapped with $864 million penalty over shoddy mortgage bond ratings

2017-01-17

Ryan Smith Canadian Real Estate Wealth A top ratings agency will pay nearly $864 million to resolve allegations that it habitually inflated ratings of shoddy residential mortgage-backed securities in order to win contracts. Moody’s Co…

Atlas Group - Canada's Top Real Estate Data Provider going into property tax consulting

2017-01-17

Aims to become the largest supplier of real estate information in world KATIA DMITRIEVA The Vancouver Sun Altus Group Ltd. plans to double its revenue to about C$800 million ($608 million) in the next five years as the Canadian real estate …

Altus Group - Canada's Top Real Estate Data Provider going into property tax consulting

2017-01-17

Aims to become the largest supplier of real estate information in world KATIA DMITRIEVA The Vancouver Sun Altus Group Ltd. plans to double its revenue to about C$800 million ($608 million) in the next five years as the Canadian real estate …

Essilor to Buy Ray-Ban Maker Luxottica for About $24 Billion

2017-01-17

$24B deal creates global giant in lenses, frames, eyeglasses Thomas Mulier and Dan Liefgreen The Vancouver Sun French lensmaker Essilor International SA agreed to buy Luxottica Group SpA , the maker of Ray-Ban sunglasses, for about 22.…

Rigs to roll on reserve power and save 25% on fuel costs

2017-01-17

New propulsion system stores energy so engines don?t work so hard The Province Despite social media being hailed as the 21st century form of communication, you can still quickly get a message out by simply telling one truck driver. We know …

CMHC Mortgage Insurance Premiums Going Up

2017-01-17

For homeowners with CMHC-insured mortgages, payments will increase an average of $5 a month, but hike varies significantly with loan amount REW CMHC mortgage loan insurance premiums will increase from March 17, 2017, the federal housing age…

Vancouver malls a potent commercial real estate investment

2017-01-16

Ephraim Vecina REP In its latest report, the Retail Council of Canada announced that Vancouver plays host to some of the country’s best performing malls in terms of sales revenue.   As of the year ending August 31, 2016, Vancouve…

Toronto home prices on the rise and Vancouver dropping

2017-01-16

A tale of two cities Justin da Rosa REP Agents in Toronto should prepare for unprecedented home price growth, while those in Vancouver will have to adjust to a new reality. Toronto’s lack of inventory is expected to contribute to doub…

Home sales rebounded in December following large drop in November: CREA

2017-01-16

Canadian Real Estate Wealth On a year-over-year basis, CREA says home sales were down five per cent last month compared to December 2015. Annually, the number of homes that changed hands was up 6.3 per cent last year compared with 2015 as s…

Morneau rules out more housing measures for now

2017-01-16

Steve Randall Canadian Real Estate Wealth Ottawa will continue to monitor the housing market but is not planning to introduce any further measures for now. That was the message from federal finance minister Bill Morneau when he met with pri…

Affordability at benchmark of 4.64% for insured mortgages 5-yr term 25-year amortization

2017-01-16

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Affordability at conventional uninsured rate of 2.94% 5-year term with 25-year amortization

2017-01-16

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Affordability at conventional uninsured rate of 2.69% 5-year term with 25-year amortization

2017-01-16

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Home Resales and Price Forecast Canadian Housing by RBC

2017-01-16

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Teranet of National Bank - Housing Price Index for Canada

2017-01-16

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RE/MAX 2017 Housing Market Outlook

2017-01-16

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BC and Canada Smash Records for Home Sales and Prices in 2016: Reports

2017-01-16

Across province and country as a whole, last year was the hottest ever for residential sales and prices, say real estate associations Joannah Connolly REW Last year was a record 12 months for real estate sales across the province, despite a…

No-Nonsense FAQ Sheet on Getting a Mortgage in 2017

2017-01-16

Atrina Kouroshnia offers her essential guide to help you navigate the basics of lending requirements, down payments, loans and qualification in our new mortgage landscape Atrina Kouroshnia REW I was at my office the other day when a current…

Shovels for Shaughnessy! How you can help

2017-01-15

Time for us all to pitch in ? the poor people of Shaughnessy need shovels Wayne Moriarty The Province With the exception of a lost weekend that lasted five years, I have been an avid runner since 1974. I bring this to your attention for the…

Promenade at the Quay 118 Carrie Cates North Vancouver 117 two and three bedroom homes 844 ? 1290 square feet by Polygon Promenade at The Quay Homes Ltd

2017-01-14

Lower Lonsdale project a short SeaBus ride from downtown Simon Briault The Vancouver Sun   Promenade at the Quay Project location: 118 Carrie Cates Court, North Vancouver Project size: 117 homes. The 844-to-1,290-square-foot homes stil…