Real Estate News & Articles

China Consumer?s will spend $56 Trillion in the next 8 years

2016-07-13

other You must have heard of that wise saying: 'Don’t put all your eggs in one basket !'  Wise and successful entrepreneurs know that diversifying their revenue sources by expanding into different markets will ensure the hea…

CMHC releases additional foreign ownership data

2016-07-13

Justin da Rosa Canadian Real Estate Wealth The Canada Mortgage and Housing Corporation released information on foreign ownership in Montréal in a bid to address “data gaps.” Foreigners own 1.3% of homes in Montreal and 4.…

Brexit to Fuel Canada Home Prices in Highest Forecast Since 2000

2016-07-13

Katia Dmitrieva Mortgage Broker News Home prices across Canada are set to jump this year as interest rates are kept  near record lows by economic uncertainty from the U.K. referendum to leave the European Union, according to brokerage …

B.C.'s soaring housing starts trigger construction cheers, economists' concerns

2016-07-12

Matt Robinson & Glen Schaefer The Province Housing starts in B.C. are way up in the first six months of this year while the bulk of the country is flat or falling. That trend appears in the Canadian Mortgage and Housing Corporatio…

B.C. to allow Vancouver to tax vacant homes

2016-07-12

Cassidy Olivier The Province The City of Vancouver is one step closer to introducing a vacancy tax that will target homes and condos that sit empty for the majority of the year after the provincial government on Monday committed to int…

Vancouver housing market is crashing already says LePoidevin

2016-07-11

Steve Randall Canadian Real Estate Wealth Fund manager David LePoidevin says the Vancouver real estate market may already be crashing. The boss of the LePoidevin Group believes that his fund’s strategy of shorting some banks and non-b…

Tenant who's owed $1,675 by his multimillionaire landlord stands up for his rights

2016-07-10

?THEY THOUGHT I WAS GOING TO BACK DOWN and LEAVE? John Colebourn The Province Jack Gates in his room at the Regent Hotel in the Downtown Eastside, where he complained last November about the lack of heating and hot water. MARK VAN MANEN/PNG…

Lakestone 9295 Okanagan Centre Road West, Lake Country 550 acres for single family homes and 12 duplex homes by Macdonald Development Corp

2016-07-09

Multi-level Lake Club adds to appeal of Okanagan development Michael Bernard The Vancouver Sun Project:  Lakestone Project location:  9295 Okanagan Centre Road West, Lake Country Project size:  Fully serviced lots on 550 acre…

Concord Brentwood 4756 Lougheed Burnaby 10 towers in development, phase I a 45-storey tower with 426 homes by Concord Pacific Developments Inc

2016-07-09

Concord goes green in Brentwood 4756 Lougheed Highway, Burnaby Michael Bernard The Vancouver Sun Project: Concord Brentwood Project location:   4756 Lougheed Highway, Burnaby Project size/scope: A total of 10 highrise towers, betw…

Experts, investors see warning signs of real estate slowdown in Vancouver

2016-07-09

Bethany Lindsay The Vancouver Sun The end of another month means one thing in real estate-mad Vancouver: word that housing prices have hit another jaw-dropping high. But behind the figures for June are some statistics that co…

Is racism part of the housing issue? Of course it is

2016-07-09

Pete McMartin The Vancouver Sun To the surprise of no one, certainly not to me, the provincial government’s unveiling of foreign ownership data in Metro Vancouver’s housing market was widely panned by critics as being useless, m…

5 nights the average stay for Airbnb guests in Vancouver

2016-07-08

The Province Airbnb rentals can average anywhere from $39 up to $144 per night for simple or more luxurious accommodations Airbnb, the global, online short-term rental booking service, has released a new report on its Vancouv…

Real estate sales data under fire

2016-07-08

Foreign nationals account for 5% of Metro Vancouver purchases JOANNE LEE-YOUNG AND ROB SHAW The Province Critics slammed the B.C. government’s new data that foreign buyers account for five per cent of Metro Vancouver home sales, sayin…

Luxury home sales in Metro doubled in 2016, report says

2016-07-08

?Higher price spectrums? seeing ?unrelenting? demand: Sotheby?s DERRICK PENNER The Vancouver Sun A cool $1 million might still buy you a posh place in Montreal, but when the benchmark price for a singlefamily home on Vancouver’s leafy…

Oak+Park 1018 Park Drive Vancouver 40 townhomes by Alabaster Homes

2016-07-07

REW Download Document

Bylaws need to be filed

2016-07-07

Condo Smarts: Failure to file bylaw changes causes ? Tony Gioventu The Province Dear Tony: As the new president of our strata council, one of my tasks was to get a handle on our bylaws so everyone could understand what was in effect and wha…

Intracorp Townhome Collection Granville and West 57th Avenue two and three bedroom homes

2016-07-07

SIMPLE LIFE: More privacy than a condo and no grass to mow attracts buyers to Intracorp townhomes ? Mary Frances Hill The Province What: The Intracorp Townhome Collection. Where: 218-282 W. 62nd Ave.; 74307488 Granville St; Granville St &am…

Chinese buyer enquiries for Japan surged 191%

2016-07-07

6 factors driving Chinese towards Japan real estate Juwai other What’s more, those 5 million Chinese travellers splurged $13.4 billion while in Japan during that period of time, accounting for 41% of total tourist spending in Japan. C…

The 'average' Greater Vancouver home now costs $917,800

2016-07-06

Nick Eagland The Province A sold home is pictured in Vancouver, B.C., Thursday, Feb. 11, 2016. The benchmark price for a Greater Vancouver home is now $917,800 ? up 32.1 per cent from a year ago. Photo by JONATHAN HAYWARD Metro Vancouver&rs…

'People are buying blind': Home inspections drop drastically in no-subjects market

2016-07-06

HOT HOUSING MARKET: Home Inspectors Association of B.C. raises concern over lack of due diligence Joanne Lee-Young The Province Home inspector Vince Burnett has been in the industry for 17 years and thrived in other red-hot real estate mark…

Boom! New record for Vancouver, Fraser Valley home sales

2016-07-06

Steve Randall REP Vancouver home sales continue to set new highs and 2016 can now add the highest-ever sales figure for June to the records. There were 4,400 sales in metro Vancouver, up 0.6 per cent from a year earlier and 28.1 per cent ab…

2016 Canadian Realtor Survey

2016-07-05

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Pace of Metro Vancouver Home Sale Growth Sees Summer Cool-Off: REBGV

2016-07-05

June's transactions up only slightly over last year ? but still the most June sales on record, as prices continued to soar, reports board Joannah Connolly REW The pace of growth in Greater Vancouver resale activity slowed considerably in Ju…

Home Demand in Fraser Valley Stays Strong in June, Sales Up 21%: Board

2016-07-05

Fraser Valley real estate transactions show less of an early-summer cool-off than those in Greater Vancouver, and home prices just keep on rising Joannah Connolly REW Abbotsford Fraser Valley June’s real estate sales in the Fraser Val…