Real Estate News & Articles

Foreign-buyer real estate data coming soon: de Jong says

2016-07-05

B.C.?s finance minister says he expects to release new provincial data on foreign buyers in Metro Vancouver ROB SHAW The Province B.C.’s finance minister says he expects to release new provincial data on foreign buyers in Metro Vancou…

AIRBNB PROBE - City of Vancouver investigates Kitsilano apartment complex with 17 Airbnb rentals among its 29 units

2016-07-04

NICK EAGLAND The Province The City of Vancouver is investigating the operation of 17 short-term rental units in a Kitsilano apartment block. There are 17 Airbnb listings in the New York Apartments at 2341 York Ave. near Kitsilano Beach. The…

Drug trafficker used illicit proceeds to buy Metro Vancouver house, suit says

2016-07-04

PROCEEDS OF CRIME: Surrey home is the subject of a provincial government civil forfeiture case KIM BOLAN The Province A convicted trafficker facing new drug and firearms charges laundered his illicit profits through the purchase of a Surrey…

Old idea floated as heritage fix

2016-07-04

?Powerful? revitalization deals might slow pace of demolition ? KIM PEMBERTON The Vancouver Sun Michael Bruce used to build new homes on the west side as a way to keep busy after retiring. But these days, the Point Grey resident has gone in…

Buyers treat condos like stock, not homes

2016-07-04

How Vancouver became a speculators' playground Daphne Bramham The Vancouver Sun There’s something almost pathetically naive about the City of Vancouver’s plan to tax owners of vacant homes. Forget its most obvious flaws. It&nbsp…

Royal Bay in Colwood Victoria 2,300 single family homes by GableCraft Homes

2016-07-02

Royal Bay in Colwood will offer 2,300 homes in beautiful setting ? CLAUDIA KWAN The Vancouver Sun Royal Bay Project location: Colwood Project size: 2,300 homes Site developer: Royal Bay Community Limited Partnership  Phase I: GableCraf…

Guildhouse 14975 101A Avenue Surrey 221 homes in a 4 storey building by Mosaic Vaenue Developments

2016-07-02

Mosaic's Guildhouse designed with first-time buyers in mind SIMON BRIAULT The Vancouver Sun Guildhouse Project location: 14975 101A Avenue, Surrey    Project size: 221 apartments and townhomes of between 1 and 4 bedrooms Resi…

Real estate helps Canada's economy reverse decline

2016-07-01

Steve Randall REP Canada’s economy grew in April by 0.1 per cent following two months of decline and real estate was a key driver of growth. Statistics Canada’s figures show that the real estate sector added $218.8 billion to GD…

End of real estate self-regulation met with resignation

2016-07-01

Premier Christy Clark says a report shows that self-regulation of the industry must end because consumers are being put at risk ? JOANNE LEE-YOUNG The Vancouver Sun There wasn’t much of an official reaction from the Real Estate Counci…

Flying the flag on unit may not be allowed

2016-06-30

Tony Gioventu The Province Dear Tony: Every year when we have Canada Day, our strata council goes through the same problem with the same owners. They start a petition to amend the bylaws to allow owners to install flagpoles on their units. …

Mahogany at Mill Lake 2180 Gladwin Road, Abbotsford 266 homes in a 26-storey tower by Quantum Properties

2016-06-30

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Woodland Park 8570 204 Street Langley 106 townhouses by Infinity Properties

2016-06-30

Touches such as a record collection or books transcends the ?staged? setting Mary Frances Hill The Province Woodland Park Where: 8570 204th St., Langley What: 106 townhouses Residence sizes and prices: Two beds, two-beds-and-dens, three bed…

B.C. real estate loses self-governance as Christy Clark shakes up industry

2016-06-30

Cassidy Olivier & Joanne Lee-Young The Province The days of self-regulation are over for B.C.’s real estate industry following a series of changes outlined Wednesday by Premier Christy Clark. The changes — aimed at restoring the…

Foreign owners do impact Vancouver home prices say academics

2016-06-30

Steve Randall Mortgage Broker News While government agencies are trying to assess the whether foreign ownership of homes has a real impact on the market, a study by the Simon Fraser University in BC says that it has proof that it does. Busi…

BC Government Ends Real Estate Industry Self-Regulation Following Report

2016-06-30

Going further than Independent Advisory Group recommendations, Premier announces that real estate council will be overhauled and governed by new superintendent Joannah Connolly REW The self-regulation of the real estate industry will scrapp…

The 19 countries with the highest standard of life

2016-06-30

? Matthew Nitch Smith other The countries with the highest quality of life have been announced by the not-for-profit organisation Social Progress Imperative. Scandinavian nations scored highly in the "Social Progress Index," but more s…

Metro board condemns proposal to swap Massey tunnel for bridge

2016-06-30

?No justification? for Liberal plan, alternatives needed: regional district KELLY SINOSKI The Vancouver Sun Metro Vancouver directors are raising concerns about the planned $3.5-billion bridge to replace the George Massey Tunnel, saying the…

Smaller businesses driving 'condo office' market to curb high leasing costs

2016-06-29

?Evolving? demand means more firms looking to own rather than lease Evan B Duggan The Vancouver Sun Demand and investment are mounting in Metro Vancouver for strata office units as values for those assets reach levels comparable with reside…

No bubble here, says report from mortgage industry

2016-06-29

Organization warns of risks in changes to lending conditions GARRY MARR The Vancouver Sun A Canadian mortgage industry group says there is no bubble in any Canadian housing markets and is warning the government against any changes in lendin…

Province ends real estate industry's ability to self-regulate

2016-06-29

Naoibh O'Connor Vancouver Courier Premier Christy Clark announced new measures Wednesday to deal with the real estate industry. Photo Dan Toulgoet The B.C. government is ending the real estate industry’s right to self-regulate a day a…

B.C. to end self regulation of real estate industry after damning report

2016-06-29

REP REP British Columbia is ending the self-regulation of the real estate industry in a move Premier Christy Clark says is aimed at protecting consumers. Clark says the province will hire a new superintendent of real estate, who will take o…

British Columbia panel urges higher fines for errant brokers

2016-06-29

Natalie Obiko Pearson REP Real estate brokers who engage in misconduct may face as much as a 25-fold increase in penalties in British Columbia, where its biggest city, Vancouver, is one of North America’s  hottest housing markets…

Vancouver mayor to tax vacant properties to ease housing market

2016-06-28

Ephraim Vecina Mortgage Broker News Speaking to reporters last week, Vancouver mayor Gregor Robertson announced his resolve to tax vacant residential properties and treat them as business investments instead to cool down the out-of-control …

Juwai unveils Q1 2016 Global Property Index (GPI) Report

2016-06-28

Q1 2016 saw housing prices rise in 31 ? out of 45 ? housing markets in the world Juwai other Which country reigns as the strongest housing markets right now? We analyse the latest GPI Report using inflation-adjusted figures, and shed light …