Real Estate News & Articles

How strata councils can enforce bylaws

2016-03-10

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The surprising truth about Vancouver's empty homes

2016-03-10

1% of detached houses are empty but... 12.5% of condos are also vacant MATTHEW ROBINSON, ROB SHAW AND JOANNE LEE-YOUNG The Vancouver Sun An empty house sits at the corner of West 8th Avenue and Courtenay Street. The vacancy rate in Vancouve…

5 towers to be built on top of old Canada Post building in downtown Vancouver

2016-03-10

349 West Georgia Street Post Office Re-development Kenneth Chan other Image: Musson Cattell Mackey Partnership / Bentall Kennedy Artistic rendering of the project. Image: Musson Cattell Mackey Partnership / Bentall Kennedy Diagram model of …

Airbnb wreaks havoc on Vancouver rental scene

2016-03-09

City doing little to deal with problem Allen Garr Van. Courier The continued destruction of perfectly usable heritage homes in Vancouver is not the only example of the Vision Vancouver-controlled city council’s failed policies to enco…

Vacancies Not the Reason for High Vancouver Home Prices

2016-03-09

A new report has told us what industry insiders already knew ? that the issue of home vacancies in Vancouver has been massively overblown. But why? Joannah Connolly Other It’s one of Vancouver’s most popular public perceptions a…

Condo Investing: Buying a Unit with a Tenant in Place

2016-03-09

As a real estate investor, you will come across units with tenants in-situ. Is this a reliable income source or a troublesome and expensive headache? Frank O'Brien Other As an investor it is likely you will come upon the purchase of a condo…

Bubble threat in disparate housing market says Kavcic

2016-03-09

Steve Randall Other The high demand for condos in Toronto and Vancouver is fuelling talk of a housing bubble. The latest stats on housing starts show high levels in BC but low levels in the Prairies and BMO Capital Markets economist Robert …

Housing starts data revealed

2016-03-08

Justin da Rosa Other The trend measure for housing starts in Canada holds steady in February. The CMHC’s housing start measure fell slightly to 198,880 in February from January’s mark of 199,107. “The national housing star…

Study says Vancouver had 10,800 empty homes in 2014

2016-03-08

The majority of empty homes were apartments Mike Howell Van. Courier A city-commissioned study has revealed 10,800 homes in Vancouver were left empty for more than a year in 2014. But reasons for the vacancies and whether governments can do…

Metro Vancouver home buyers set a record pace in February

2016-03-03

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Vancouver home price growth tops 100 global cities "by some margin"

2016-03-03

Glen Korstrom The Vancouver Sun Vancouver's home price gain easily topped the 14.8 per cent residential property price rise in Sydney, Australia and the 14.4 per cent increase in Shanghai, China. Photo Dan Toulgoet Vancouver home prices&rsq…

Scared sellers: Those wanting to move are worried they won't find another place at a price they can afford, creating a listings shortage

2016-03-03

Fear and loathing in Metro Barbara Yaffe The Vancouver Sun If high prices weren?t enough to worry about, the availability of desired townhouses and row houses is down this year. GERRY KAHRMANN/PNG FILES Metro Vancouver has a finite land bas…

Buying wave sparks bidding battles for Victoria real estate

2016-03-02

Carla Wilson Other The Victoria market is seeing some buyers paying $100,000 or more above asking prices for single-family houses in desirable neighbourhoods. Multiple offers. No conditions. Buyers cashing out in Vancouver to live here. Pur…

Kettle building at 1725 Venables Street by Boffo Properties and The Kettle Society meet resistance by neighbourhood residents

2016-03-02

Naoibh O?Connor Van. Courier Preliminary renderings released last week that depict the proposed Kettle Boffo building redevelopment will spur more Grandview-Woodland residents against the project, according to opponents. Barbara Cameron, on…

Newly Built Home Exemption

2016-02-26

Other The Newly Built Home Exemption reduces or eliminates the amount of property transfer tax you pay when you purchase a newly built home. A newly built home includes: a house constructed and affixed on a parcel of vacant land a new apart…

Oliver 2855 158 Street Surrey 57 townhomes by Woodbridge Properties

2016-02-25

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Shadow flipping: Assignments with another name

2016-02-25

Frank O'Brien Other Download Document

Do you understand the new down payment rules?

2016-02-25

Atrina Kouroshnia Other Download Document

Historic Wilmar Residence may be preserved

2016-02-23

City of Vancouver ?pleased? owner pursuing retention Naoibh O?Connor Van. Courier It’s been vacant for a decade. A proposal to preserve it fell through more than two years ago. But Vancouver’s historic Wilmar residence may yet b…

January home sales give rise to correction concerns in Toronto, Vancouver

2016-02-18

Alexandra Posadzki Other Surging sales in the piping hot real estate markets of Toronto and Vancouver last month prompted one of Canada's big banks to express concerns Tuesday that the cities may be at risk of a home price correction. The C…

Just how much will recent home buying changes impact the real estate market in B.C?

2016-02-18

Impact of recent changes Justin da Rosa Other Just how much will recent home buying changes impact the real estate market in B.C? One veteran lays it all out. “The impact of these changes will not change the Vancouver real estate mark…

Chinese investors snag Vancouver's biggest real estate prize: All four towers of the Bentall Centre

2016-02-18

Garry Marr The Vancouver Sun Anbang Insurance Group Co. Ltd., a Beijing-based company with a reported US$114 billion in assets, is buying what amounts to a 66 per cent stake in Bentall I, II, III and IV ? a sprawling commercial 1.5-million-…

First Time Home Buyers' Program

2016-02-17

Other Here is what we know: 1. There are no changes to the first time home buyer exemption limits; 2. All buyers (whether first time buyers or not) no longer pay PTT on purchases of NEW homes up to $750,000 in value; note the buyer must be …

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2016-02-17

BC Government Other The BC government introduced its 2016 budget today. The budget included a number of items intended to affect affordability and availability in the Lower Mainland’s housing market.  Here’s a summary: Prop…