Real Estate News & Articles

?Canada Channel? to put B.C. on track in China

2016-06-28

Wi-Fi advertising on Chinese trains will tap into huge consumer market CHUCK CHIANG The Vancouver Sun A B.C. company wants to put Canadian products in front of one of the largest captive audiences in the growing Chinese e-commerce market: r…

Revised Grandview-Woodland density plan calms revolt, but still contains flash points

2016-06-28

But some on the Drive are still spinning over bike lane ? MATT ROBINSON The Vancouver Sun After years of consultation, the city has released a revised area plan for Grandview-Woodland that again calls for more density, but at a lower level …

As home prices climb, taking 30 years to pay off mortgage is becoming new norm in Toronto and Vancouver

2016-06-27

Garry Marr The Vancouver Sun They are exactly the type of mortgages the government banned for about half of the borrowing Canadian public, but loans with 30-year amortizations, as opposed to 25 years, are slowly becoming the norm for consum…

The Headlines May Trigger Excuses Not to Invest

2016-06-27

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Greater Victoria home prices hit record high: RBC

2016-06-25

CARLA WILSON The Vancouver Sun Sean Burke’s strategy to avoid a frenzied bidding war when buying a house in Saanich has paid off. He mapped out a plan before starting his hunt in a market that is now the third least-affordable in the …

Prescott Commons 3323 151st Street Surrey 248 homes in two 4 storey buildings by Polygon Prescott Commons LTD

2016-06-25

Full-featured Prescott Commons at Harvard Gardens in Surrey is uncommonly distinctive ? SIMON BRIAULT The Vancouver Sun Prescott Commons at Harvard Gardens Project location: 3323 151st Street, Surrey Project size: 248 apartments – var…

Sole Downtown 1350 St. Paul Street Kelowna 40 condos in a 6-storey building by Sole Squared Developments

2016-06-25

Sole Downtown features small, affordable condos in city centre ? MICHAEL BERNARD The Vancouver Sun Project: Sole Downtown Project location: 1350 St. Paul St., Kelowna Project size/scope: 40 condos on top three floors of a six-storey concret…

Will the Mayor's Vacant Home Tax Help with Rentals and Affordability?

2016-06-24

Gregor Robertson said this week that Vancouver will go ahead with implementing a tax on homes left empty ? but will it do any good? Joannah Connolly REW The issue of homes being left vacant in Vancouver is one that has sat at the heart of t…

Vancouver may implement vacant homes tax even without province's backing

2016-06-24

Steve Randall Mortgage Broker News The Mayor of Vancouver says the city council may push ahead with plans to tax owners of vacant properties, even if there is no action from the provincial government. Gregor Robertson wants premier Christy …

Chinese buyer demand in the wake of Brexit

2016-06-24

Chinese demand expected to continue despite Brexit Juwai other The UK may be one of the smallest countries in the G7, but the Chinese investment passion for it has been one of the biggest love affairs in the property industry. And now, desp…

Falcon House at 12367 224 Street Maple Ridge

2016-06-23

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B.C. recreational property sales fuelled by Generation X, not boomers: Royal LePage

2016-06-23

Susan Lazaruk The Vancouver Sun A surge in sales of recreational properties in British Columbia over the past year was fuelled in some areas by buyers in their mid-30s to late 40s, and not older baby boomers, according to a new report …

Charterhouse 5510 Admiral Way Ladner 84 townhomes by Polygon Charterhouse Homes Ltd

2016-06-23

Charterhouse at Hampton cove: Intelligent layout inspires owners to downsize and live clutter-free Mary Frances Hill The Province Charterhouse at Hampton Cove Where: 5510 Admiral Way, Ladner Project size: 84 townhomes Residence sizes and pr…

Management contracts can be negotiated

2016-06-23

Change is allowed: Everything open for discussion unless there is a specific real estate or strata condition Tony Gioventu The Province Dear Tony: Our 200-unit strata is searching for a new management company and one of our requests was for…

What Happens Next to Home Prices?

2016-06-23

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Metro Vancouver's past suggests a rebalancing of price gains, according to BCREA

2016-06-23

Will Metro Vancouver?s record property prices continue to soar into the stratosphere, or are they headed for a crash? Derrick Penner The Vancouver Sun If recent history is a guide, homeowners and buyers can expect — within the ne…

The ups and the downs of sit/stand desks

2016-06-23

JILL BARKER The Province We spend 65 per cent of our day sitting, a statistic that has been cited repeatedly over the past few years, along with its associated health consequences. Spend more than 10 hours a day in a chair and you increase …

Canada mortgage would lose around $12B in a US-style meltdown ? Moody's

2016-06-22

Ephraim Vecina Mortgage Broker News Sharp price drops are a distinct possibility in the event of a housing collapse similar to what the United States experienced nearly a decade ago, according to a recent analysis by Moody’s Investors…

What's Happening in Gibsons?

2016-06-22

Gentle tourist town set to become major destination with unprecedented luxury condo and hotel development that could be a game-changer for entire Sunshine Coast Joannah Connolly REW The George in Gibsons development will include a new "seaw…

Vancouver To Tax Vacant Homes With or Without Province?s Backing

2016-06-22

Mayor Gregor Robertson announces some form of additional property tax will be implemented on completely empty properties, whether or not Victoria is on board Joannah Connolly REW Homes left vacant 12 months a year in Vancouver will soon be …

Vancouver To Tax Vacant Homes With or Without Province?s Backing

2016-06-22

Mayor Gregor Robertson announces some form of additional property tax will be implemented on completely empty properties, whether or not Victoria is on board Joannah Connolly REW Homes left vacant 12 months a year in Vancouver will soon be …

Open boundaries are factor in school closures, education experts say

2016-06-22

TRACY SHERLOCK The Vancouver Sun School choice has created an eastwest divide in the preliminary list of Vancouver schools being considered for closure, education experts say. The open-boundary philosophy, brought in by then-education minis…

Economist warns we're in a "very big" housing bubble

2016-06-21

Steve Randall REP A report from an economist at Capital Economics says that Canada is in a “very big” housing bubble fuelled by high prices and “risky” mortgages. Author Paul Ashworth says that it will “end in …

Heron View Villas 6995 Nordin Road Sooke 91 townhomes by Silvercreek Development LP

2016-06-18

Vancouver Island development offers harbourside living ? SIMON BRIAULT The Vancouver Sun Project: Heron View Villas Project location: 6995 Nordin Road, Sooke Project size: 91 townhomes, 3 bedrooms, 1,550 — 1,700 square feet, priced be…