Real Estate News & Articles

Publisher’s Page: On meetings and Marty Douglas

2015-10-02

Heino Molls Other If I had a nickel for every minute I have sat through meetings for work or with various community organizations, I swear I would be a millionaire. I am so wary of meetings now that when people ask me to come out, my first …

First Shaughnessy becomes Vancouver's first Heritage Conservation Area

2015-09-30

Naoibh O’Connor Van. Courier The vote to designate First Shaughnessy as a Heritage Conservation Area was unanimous. The decision came following three days of public hearings, which were held in August and earlier this month. Photo Dan Toulg…

Chinese-only signs cause furor in community

2015-09-28

John Tenpenny Other Locals in Richmond, B.C., are pointing out the lack of municipal action the issue of Chinese-only signs in the community, many of which are real estate-related. Community activist Karen Starchuck and business consultant …

CMHC really is working on foreign ownership data

2015-09-25

Steve Randall Other For those who are skeptical that the federal government and its agencies are genuinely trying to calculate the level of foreign ownership of Canadian real estate and the effects that it may have on housing markets, there…

Brookmere 535 North Road Burnaby 216 condos in a 28-storey tower by Onni

2015-09-24

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Newly revealed viaducts report says replacement cheaper than demolition

2015-09-23

Bob Mackin Van. Courier A 2009 report commissioned by City of Vancouver estimated the Georgia and Dunsmuir viaducts could last until 2024 without major rehabilitation and pegged the cost of replacement at less than $100 million. Associated …

First Shaughnessy likely to become Heritage Conservation Area

2015-09-23

Allen Garr Van. Courier There are just a few things you should know before next Tuesday when city council moves to try and slow down the destruction of heritage homes in Vancouver’s most exclusive neighbourhood. That would be the encl…

Chinese tycoon: I wouldn’t buy overseas real estate, saying it's too expensive to buy now in Canada

2015-09-23

John Tenpenny Other With so much discussion about Chinese investors buying up real estate in Canada and around the world, it’s a tad surprising to hear the CEO of one of China’s larger developers encouraging her countrymen to ho…

Condos Accelerating Growth in BC Home Building Investment: StatCan

2015-09-22

Multi-family building spend in the province catching up to detached home construction investment, reports statistics agency Joannah Connolly Other Investment in BC home building continued to climb – and increase its rate of growth &nd…

The Five Most Important Things You Must Do When Buying a Home

2015-09-22

If you only remember five things when purchasing real estate, they should be these tips, advises Vancouver agent Alyssa Dotson Alyssa Dotson Other There’s a lot to remember when buying real estate, and much of the available advice is …

How to… Understand Strata Minutes When Buying a Condo

2015-09-18

If you’re buying a condo, it’s essential that you understand the strata minutes of your new building, explains Bob de Wit of the GVHBA Bob de Wit Other Considering the purchase of a strata condo? One of the key steps to ensure y…

Civic costs adding to Metro Vancouver home prices

2015-09-17

Municipalities share in land lift values through high rezoing fees, according to a Fraser Institute survey Kenneth P Green, Ian Herzog and Josef Filipowicz Other Download Document

Beating the taxman through bequests, treaties and credits

2015-09-17

Other While you cannot leave a property to your spouse without paying tax, there is an avenue available where a bequest can avoid the clutching hands of the U.S. Internal Revenue Service. “A marital deduction is available for assets w…

Beating the taxman through bequests, treaties and credits

2015-09-17

Other While you cannot leave a property to your spouse without paying tax, there is an avenue available where a bequest can avoid the clutching hands of the U.S. Internal Revenue Service. “A marital deduction is available for assets w…

Vancouver Seeing Canada’s Most “Asymmetrical” Home Price Rises: CIBC Economist

2015-09-16

Ever-widening price gap between houses and condos and within detached home market hindering move-up buyers, says report Joannah Connolly Other Vancouver is seeing the biggest home price gap increases in the country – not just between …

The truth about foreign property buyers in Canada

2015-09-14

John Tenpenny Other Investing in Toronto’s condo market isn’t the only choice available to foreign buyers, so a new trend is seeing the real estate industry go to them, with lucrative results says one agent. Along with marketing…

Vigorous housing demand unabated in August

2015-09-11

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Comparing condo prices in Toronto’s key intersections [Map]

2015-09-11

TheRedPin Other Condos on Bay Street sell for an average of $40,000 more than units along Yonge. It’s just one of the facts we found by studying real estate along Toronto’s key intersections. Last year, 58 storeys up f…

There’s Buying Power in Numbers

2015-09-08

CondoNow Other If you’ve ever entertained the idea of buying a new condo-pre-construction, you have undoubtedly heard of something called “Platinum Access”. For those who have not, here’s a short synopsis. When a new…

Infographic: Greater Vancouver Real Estate, August 2015

2015-09-04

Home sales in Greater Vancouver this summer were way above the 10-year average. Here's an infographic with bitesized stats broken out REW Other MLS home sales in Greater Vancouver this summer were between 25 and 30 per cent above the 10-yea…

Interest rates to stay low for 18 months say economists

2015-09-04

Steve Randall Other A poll of 40 economists by Reuters revealed that the financial experts are not forecasting any rise in interest rates until 2017. The economists believe that, although there is a chance of a further reduction in rates by…

Foreign Buyers of Luxury Homes are Mostly Immigrant Residents: Re/Max

2015-09-02

Luxury home sales in key markets such as Vancouver driven by overseas buyers – but usually immigrants buying homes, not investors, says report Joannah Connolly Other The luxury home segment in key markets such as Vancouver has unsurpr…

August Ends Sizzling Summer for Vancouver Real Estate: REBGV

2015-09-02

MLS home sales between 25 and 30 per cent above the 10-year average from June to August, according to Real Estate Board of Greater Vancouver Joannah Connolly Other It’s been a scorching summer for real estate in Greater Vancouver, wit…

Fraser Valley Home Sales up 36%; Townhome Price Rises Stay Low: FVREB

2015-09-02

Fraser Valley still a split market, with detached home prices up 10 per cent annually compared with townhomes up 2.7 per cent and condo prices dropping Joannah Connolly Other The Fraser Valley real estate market continued its hot streak in …