Real Estate News & Articles

The Crossing at 288 171 Street Surrey 67 townhomes by Gramercy Developments Ltd

2016-08-18

The Mill Design Group helps bring the funk to The Crossing by Gramercy Development Mary Frances Hill The Province The Crossing Where: 288 171 Street, South Surrey What: 67 townhomes, two, three and four bedrooms Residence sizes and pri…

Vancouver rents on track to jump 20% in 2016

2016-08-18

Data from online listings show rent rates mirrored the steep increase seen in housing prices in 2016 Jen St. Denis Metro Vancouver rents are on track to rise a whopping 20 per cent this year, according to an economist at the University of B…

Equifax releases latest country-wide delinquency stats

2016-08-18

Delinquency rates by Millenials in on the rise Justin da Rosa REP Delinquency rates for one of Canada’s largest home buying cohorts is on the rise. Delinquency rates among Millenials is on the rise, Equifax reported Thursday.  &n…

Surrey man sentenced to 27 months in jail for Ponzi scheme

2016-08-18

Chuck Chiang The Vancouver Sun A Surrey man arrested in 2012 for running a Ponzi scheme has been sentenced to 27 months in prison, officials said. The B.C. Supreme Court also ordered Roberto Castano to pay $1.5 million in restitut…

How the new foreigner tax is affecting Canadian homeowners

2016-08-17

In transition state homes are in status quo mode REP Cardboard moving boxes are piled about the living room of an otherwise half-packed house nestled on a tree-lined residential street in a quiet Vancouver-area suburb _ a scene frozen in ti…

Chinese agents miffed by B.C.'s new tax

2016-08-17

How can a foreigner trust Canada if they feel that Canada wants to punish them Ephraim Vecina Canadian Real Estate Wealth Instead of moderating the overheated Vancouver market, the B.C. government’s implementation of a 15 per cent pro…

New video-chat app part of Google?s plan to catch up with rivals

2016-08-17

ALISTAIR BARR The Vancouver Sun Google nailed email with the 2004 introduction of Gmail. Now it’s the No. 1 form of electronic correspondence in the U.S. But as traditional email falls out of favour with a growing sliver of the popula…

Are you flipping kidding me? Langley home for sale again

2016-08-17

Cheryl Chan The Province 19877-46A Ave. FOR SALE This tidy, green and brick rancher in Langley City has three bedrooms and two bathrooms, over 1,395 square feet, with a spacious backyard that offers a distant glimpse of the North Shore moun…

Vancouver to build 400 new affordable homes to stem housing 'crisis'

2016-08-16

Vancouver?s housing ?crisis? births plan to develop city-owned lots KELLY SINOSKI The Vancouver Sun The City of Vancouver plans to build 400 new affordable homes — from SROS to three-bedroom family units — in four city-owned lot…

Canadian Real Estate Association says home sales volume down 1.3% in July

2016-08-15

Vancouver Leads Third Straight Fall in Canada Home Sales Greg Quinn other Canadian existing home sales declined for the third straight month in July, led by a Vancouver market that is showing signs of slowing down amid worries about afforda…

Lakepoint One 1311 Lakepoint Way Langford 46 condos in a six storey building by Westhills Land Corp

2016-08-13

Westhills community in Langford expands its offerings MICHAEL BERNARD The Vancouver Sun Project: Lakepoint One  Project location: Langford Project size: A total of 46 condominiums in a master-planned community on Langford Lake about 20…

Cardaro at 1575 West Georgia 119 homes in a 26 storey tower by Bosa Properties

2016-08-13

Cardero development sets high bar for sophistication ? CLAUDIA KWAN The Vancouver Sun Project name: Cardero Project location: 1575 W. Georgia St., Vancouver Project size: 119 homes in a 26-storey concrete building Residence size: 1 — …

Chinese Envoy Challenges Vancouver Home Tax as Fallout Spreads

2016-08-13

Liu Fei is latest critic to question rationale behind real estate levy NATALIE OBIKO PEARSON The Vancouver Sun China’s top envoy in British Columbia challenged the Canadian province’s new 15 percent tax on foreign home buyers, q…

Feds face B.C. pressure over Temporary Foreign Worker program

2016-08-13

Many groups criticize ?silly? barriers to addressing labour shortages ? PETER O?NEIL The Vancouver Sun OTTAWA — The federal Liberal government is under enormous pressure from people like Langley resident Donalda Madsen …

BUSINESS BOOMING AT VANCOUVER HOTELS

2016-08-13

High room rates, occupancy pull in investors from home and abroad as ?enormous activity? helps offset industry?s poor performance in cities hit by oil slump Evan B Duggan The Vancouver Sun Strong performance in B.C.’s hotel industry i…

SOVEREIGNTY 'SLIPPING'

2016-08-13

Housing debate shows erosion of nation states like Canada DOUGLAS TODD The Vancouver Sun Metro Vancouver’s rapidly rising housing prices should not be touched by governments, said high-profile realtor Layla Yang. “This is Vancou…

Vancouver real estate: Doubts about foreign-buyer tax leave Trudeau in bind

2016-08-12

Foreign-buyer tax puts the ball in Ottawa?s court The Vancouver Sun In Vancouver, there’s plenty of worry the 15 percent tax on foreign home buyers could be too successful, chasing away legitimate investors. In Ottawa, the big worry i…

Ottawa in bind over new Vancouver tax

2016-08-12

Feds concerned about effectiveness of real estate levy and overall economic impact ? David Staples The Province The battle over densification just got a lot more interesting. It seems this fight is not just folks who want lot splitting and …

B.C. strips rights of condo investors, according to investor

2016-08-12

An investment without appreciating the bundle of rights attached to the investment is not being duly diligent Justin da Rosa Canadian Real Estate Wealth The Court of Appeals upheld a strata bylaw that permits only one unit to be rented at a…

Premier's new foreign ownership tax involved fire, aim, ready

2016-08-12

B.C. housing fix no more than a knee-jerk muddle Dermod Travis The Province It takes a certain skill set to try and fix a problem and possibly botch it up even more, but the B.C. government is certainly testing the idea as it flails about h…

CIBC expert warns that housing market curbs could hit economy

2016-08-12

Steve Randall REP Measures to cool Canada’s two hottest housing markets could have a negative impact on the wider economy according to CIBC economist Avery Shenfeld. He has added his voice to those demanding that the issue of supply s…

THE DUCHY OF VANCOUVER

2016-08-12

Tuesday?s death of Gerald Cavendish Grosvenor, the 64-year-old sixth Duke of Westminster, elevates his 25-year-old son, Hugh Richard Louis Grosvenor, as the new duke and to a fortune pegged by Forbes at more than $15.5 billion. The family?s…

?Memorial garden? disrupts needed repairs

2016-08-11

Garage work disrupts memorial garden Tony Gioventu The Province Dear Tony: Our strata is undertaking a major renovation to our parking garage. The landscaping over the garage has been allowed to grow out of control for over 25 years and we …

Residence at Gateway 33553 Marshall Road Abbotsford 48 homes in a 6 storey wood frame building by Boulevard Group

2016-08-11

Single-level living a big draw at the Residences at Gateway Mary Frances Hill The Province Project: Residences at Gateway Residence sizes and prices: 1 bed + flex to 2-bed+den, 703 – 1,238 sq. ft. Price: From the mid $200,00…