Real Estate News & Articles

Foreign buyer study not a waste: province

2016-08-05

Incomplete government study on foreign buyers now a waste of money: Opposition ROB SHAW The Vancouver Sun The B.C. government says it can still find a use for an unfinished study into the effect of foreign buyers on local real estate, even …

billionaire Richard branson says a key to his success is a habit anyone can form

2016-08-05

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Oak + Park 7600 Oak Street 40 townhouses by Alabaster Homes

2016-08-04

Simplicity within the home and exterior offers a ?modern classic? feel Mary Frances Hill The Province Oak + Park What: 7600 Oak Street Project size: 40 townhomes Residence sizes and prices: 3-bed + den + flex, 1,280 — 1,732 square fee…

Forms can help dispute claims

2016-08-04

FINANCES: Stratas must disclose details on Form F Payment Certificate Tony Gioventu The Province Dear Tony: In order for us to sell our condo, our strata recently forced us to pay $1,500 in fines for an alteration that we did not make to th…

Realtor rallies East Vancouver homeowners for $25-million land deal

2016-08-04

A strip of family homes in East Vancouver has become a $25-million dream, forming two land assemblies on a street the city says it has no plans to rezone. Nick Eagland The Vancouver Sun Between the 2500-2600 block of Renfrew Street, 10 home…

Tales of a Vancouver luxury broker in a transformed market

2016-08-04

Foreign property tax will have no effect on affordability Ephraim Vecina Mortgage Broker News Vancouver’s real estate boom has attracted a profusion of wealthy buyers eager to get their share of the market’s enormous gains, but …

Metro Vancouver home sales plunge in July

2016-08-03

July home sales fell 18.9% compared to year previous and 26.7% from last month Glen Korstrom Vancouver Courier Home sales in Metro Vancouver fell 18.9% in July, compared with the same month a year ago, and 26.7%, compared with June, accordi…

NDP demand probe of real estate agent's knowledge of B.C. foreign property tax

2016-08-03

The government told the press they were looking at slowing foreign investment in BC on multiple occasions Mortgage Broker News British Columbia's New Democrat housing critic is calling for an investigation into whether a prominent Vancouver…

Mike Stewart Vancouver agent under investigation for advocating tax evasion

2016-08-03

Vancouver agent under investigation for advocating tax evasion Ephraim Vecina Canadian Real Estate Wealth A Vancouver-based industry professional is now being investigated by the Real Estate Council of British Columbia after supposedly advi…

Foreign buyers tax fallout seals thousands of deals, sinks others: realtors

2016-08-03

Metro Vancouver realtors are saying deals are collapsing because of the new 15 per cent tax on foreign home buyers JEFF LEE,, CHERYL CHAN, and ROB SHAW The Vancouver Sun Realtors and lawyers desperate to get in under the deadline filed…

Metro Vancouver Home Sales Plunge ? But Prices Continue to Soar: REBGV

2016-08-03

Number of residential properties changing hands returns to ?more normal? July levels, says board ? but that doesn?t stop prices setting fresh records Joannah Connolly REW Metro Vancouver home sales in July dropped nearly 19 per cent compare…

Home Sales in the Fraser Valley Fall but Demand Stays Strong: FVREB

2016-08-03

Transactions in July are first this year to fail to break monthly records, reports board ? but this could be more about lack of supply than a cooling in demand Joannah Connolly REW Fraser Valley real estate sales in July were the first this…

Canada beholden to housing boom

2016-08-03

Real estate and financial services account for 20 per cent of economy THEOPHILOS ARGITIS The Vancouver Sun Canada is in the midst of one of its weakest expansions ever and only the housing boom keeps it from getting worse. That’s one …

Mayor promises social housing on West Hastings lot

2016-08-03

Mayor Gregor Robertson vowed Tuesday to expedite the rezoning and development process for a lot at 58 West Hastings STEPHANIE IP The Vancouver Sun Standing on the steps of the Downtown Eastside’s Carnegie Centre, Mayor Gregor Rob…

B.C. foreign buyer tax won't make big dent in housing affordability, experts say

2016-08-02

Experts are expressing doubt a property transfer tax on foreign buyers that takes effect Tuesday will have a significant impact on housing affordability The Vancouver Sun The next four to six months will be uncertain until the different pla…

Vancouver's new residential tax on foreigners starts Tuesday, here's what to expect next

2016-08-02

Legal woes, lost deals feared as tax begins GARRY MARR The Vancouver Sun A tax on purchases of residential property in Metro by foreigners takes effect today. JASON PAYNE FILES The new tax on purchases of residential property in metro …

Can we have a correction please say Vancouverites

2016-08-02

A market correction is the only way prices will come down Steve Randall REP Vancouver residents are backing the new 15 per cent tax on foreign buyers of homes in Metro Vancouver but think the only way that property prices are going to come …

Real Estate Deals Collapse as Foreign Buyer Tax Takes Effect: Local Agents

2016-08-02

As new tax on overseas buyers of Metro Vancouver real estate is launched, agents across region report collapsing sales, says board Joannah Connolly REW With the new 15 per cent additional Property Transfer Tax for overseas buyers of Metro V…

Markets see US Fed rate hike unlikely before 2017

2016-08-01

Kevin Buckland and Anooja Debnath Mortgage Broker News Speaking in Beijing earlier today, Federal Reserve Bank of Dallas President Robert Kaplan said a rate increase at the next policy meeting in September is still possible even after …

George Gibsons Marine Resort and Residences Gower Point Road Gibsons 39 waterfront condos by Klaus Fuerniss Enterprises Inc

2016-07-30

SUNSHINE COAST PROJECT HAS HOTEL, CONDOS, SPA JOANNE BLAIN The Vancouver Sun Project: George Gibsons Marine Resort and Residences Project location: Gower Point Road, Gibsons Project size and scope: 39 waterfront condominium homes ranging fr…

The Crossing 288 171 Street South Surrey 67 townhomes by Gramercy

2016-07-30

Spacious townhomes close to nature and U.S. border ? SHAWN CONNER The Vancouver Sun Project name: The Crossing Project location: 288 171 Street, South Surrey Project size: 67 townhomes, two, three and  four bedrooms Residence size: 1,3…

LAND CRUNCH WILL MAKE NEW MALLS A RARE SIGHT

2016-07-30

High prices for Metro property hurt case for such projects CHUCK CHIANG The Vancouver Sun Tsawwassen Mills, Metro Vancouver’s huge new outlet shopping centre set to open in October, has been slowly rising from the ground just north of…

Metro Vancouver foreign buyer tax: New poll shows high support

2016-07-30

An overwhelming majority of Lower Mainland residents believe the B.C. government made the right decision imposing a 15 per cent foreign buyer tax Jeff Lee The Vancouver Sun An overwhelming majority of Lower Mainland residents believe the B.…

B.C. property law vulnerable to challenge, says prominent lawyer

2016-07-30

Tax on foreign homebuyers under fire Peter O'Neil The Vancouver Sun OTTAWA — A prominent lawyer on constitutional and tax law is planning to challenge B.C.’s new tax on foreign homebuyers. “There’s a huge p…