Real Estate News & Articles

Class-action claim against province over Property Transfer Tax filed in B.C. Supreme Court

2016-09-21

Foreign homebuyer launches lawsuit ? TIFFANY CRAWFORD AND STEPHANIE IP The Province The B.C. government faces a class-action lawsuit over its tax on foreign homebuyers. The suit has been filed in B.C. Supreme Court on behalf of non-Canadian…

Exodus to Toronto and Seattle underway

2016-09-20

Luxury home market slips in Vancouver, but picks up in Toronto, Sotheby's says Ephraim Vecina Mortgage Broker News Last month’s imposition of the 15 per cent foreign buyers’ tax by the British Columbia government has spurred a m…

Proposals for cracking down on tax evasion in hot markets

2016-09-20

Ephraim Vecina Mortgage Broker News Amid the federal and provincial governments’ current efforts to stamp out tax evasion in overheated real estate markets such as Vancouver and Toronto, various observers have offered their suggestion…

Money laundering in real estate needs more federal attention - observer

2016-09-20

Calls for federal intervention on housing situation intensify Ephraim Vecina Mortgage Broker News While much discussion has been revolving around the purported effect of foreign buyers on Canadian’s home prices, observers argued that …

CIBC economist says Ontario will have to tax foreign buyers

2016-09-20

The government needs to take action to make borrowing harder Steve Randall Mortgage Broker News Ontario will have to follow BC in taxing foreign home buyers in order to cool the Greater Toronto Area housing market according to CIBC economis…

B.C. injects half-billion into housing

2016-09-20

AFFORDABLE HOMES: But Opposition decries Clark?s plan as ?transferring public wealth into private hands? ROB SHAW The Province Premier Christy Clark unveiled her government’s latest fix for the Lower Mainland’s housing affordabi…

Canadians cool on home buying despite low interest rates

2016-09-19

Buyers optimistic of a Vancouver, Toronto bargain Steve Randall Mortgage Broker News While interest rates may be low, with little expectation of that changing anytime soon, an increasing number of Canadians do not believe that it’s a …

Canadian anti-money laundering measures still have 'significant gaps' - regulators

2016-09-19

Observers question government?s commitment to rooting out B.C. tax evasion Ephraim Vecina Canadian Real Estate Wealth While major strides have been observed in Canada’s efforts to root out illegal financial activities, the government&…

Canadian home sales decline for 4th consecutive month

2016-09-19

The average real estate price dropped Ephraim Vecina Canadian Real Estate Wealth In its latest report, the Canadian Real Estate Association (CREA) announced that Canadian home sales fell for the 4th consecutive month in August, with the Gre…

Canada regulator sets out stricter mortgage rules for banks

2016-09-19

Proposal reflects ?changing risks? in home-loan market REP Canada’s financial regulator released proposed new mortgage rules that could see the country’s lenders hold more capital to offset risks. The draft guidelines have been …

STARTUPS OPEN HOUSE TO DRAW MORE ATTENTION

2016-09-19

Finding new talent, connecting with clients among the benefits, writes Rick Spence Rick Spence The Vancouver Sun In the startup world, it’s not all foosball and beer fridges. The next generation of business leaders is incubating in gr…

How Canadian tech startups could become multibillion-dollar companies

2016-09-19

QUENTIN CASEY The Vancouver Sun Alex Kolicich has spent the eight years since he graduated from the University of Waterloo working in California, first for Google and Palantir Technologies, and later with billionaire venture capitalist Pete…

SWEEPING VIEWS ON OFFER AT ARAGON?S THE PENINSULA

2016-09-17

Port Royal highrise will blend seamlessly with its waterfront surroundings JODIE WARREN The Vancouver Sun It’ s being billed as the‘ crown jewel’ of the 52- acre master-planned Port Royal community in New Westminster, and …

LUXURY LIVING ON OFFER AT SOUTH RIDGE CLUB

2016-09-17

Adera?s Grandview will expand on impressive touches offered in earlier phases of South Surrey community JODIE WARREN The Vancouver Sun With its Willsbrook phase completely sold out, and Greenway hitting the 80-per-cent mark, Adera Developme…

A SPARKLING NEW RICHMOND TOWER RPPII

2016-09-17

Intracorp set to launch second tower in sparkling new community on Richmond waterfront JODIE WARREN The Vancouver Sun Building on the overwhelming success of One River Park Place, Intracorp is now previewing homes in its latest offering in …

Seasons by Ledingham McAllister at 5415 Lougheed Highway Burnaby

2016-09-17

Attention to natural surroundings, innovative transportation options, key to new Burnaby community ODIE WARREN The Vancouver Sun Ledingham McAllister’s commitment to building sustainable communities in Burnaby continues with Seasons, …

Belpark to take prime position

2016-09-17

120-unit project will be close to schools and amenities of Cambie ? as well as plenty of green space ? JODIE WARREN The Vancouver Sun Intracorp is set to unveil the latest offering in its highly coveted Westside Collection in one of Vancouv…

Huge undertaking from Shape Properties will include shopping, SkyTrain, office space ? and more than 23 towers

2016-09-17

Master Planned Community in Canada JODIE WARREN The Vancouver Sun Burnaby’s Lougheed Town Centre is poised for a dramatic transformation, as developer Shape Properties Corp. launches the first tower of The City of Lougheed, its master…

There is no shortage of offerings among new residential projects throughout Greater Vancouver

2016-09-17

MAKING IT HOME MICHAEL BERNARD The Vancouver Sun There’s no shortage of offerings among new residential projects throughout the region The Metro Vancouver residential real estate scene has been red hot this year, and if the number of …

Bella Terra by the Lake 3000 Sunnyside Road Anmore 26 single family homes by Bella Terra Investments Inc

2016-09-17

Bella Terra by the Lake brings luxury living to Anmore Michael Bernard The Vancouver Sun Project: Bella Terra by the Lake Location: 3000 Sunnyside Road, Anmore Project scope: 26 four-to-five bedroom custom-built single-family wood-frame hom…

Huge tax windfall highlights B.C. economy's dangerous dependence on real estate

2016-09-17

B.C.?S ECONOMY DANGEROUSLY ADDICTED TO REAL ESTATE Pete McMartin The Vancouver Sun Is this good news or bad?  On Thursday, the provincial government announced it had raked in $2.2 billion in revenue from the property transfer tax and t…

Intracorp EXTRA Magazine Fall 2016

2016-09-17

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BCREA Mortgage Rate Forecast

2016-09-17

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'Locals first' plan pitched for West Vancouver condo project

2016-09-16

Developers say they will ask buyers to sign declaration they intend to live in the unit they buy, not leave it empty or flip it Jane Seyd other A major development proposed for the West Vancouver waterfront in Horseshoe Bay will come back b…