Real Estate News & Articles

New home construction in Canada increased 3 per cent

2015-07-09

Canadian Housing Starts Other New home construction in Canada increased 3 per cent in June to 202,818 units at a seasonally adjusted annual rate (SAAR).  The six-month trend in Canadian housing starts of 184,000 units SAAR wa…

luxury home market very strong in Vancouver and Toronto

2015-07-09

Winning and losing luxury markets released Other Sales of homes in excess of $1 million were concentrated in two of Canada’s most popular housing markets, which saw trajectories pointing upward for top-tier real estate. "It really com…

More than half of Canadians to leave wealth to next generation

2015-07-09

Steve Randall Other Although the conversation may prove difficult for many, a new survey shows that 51 per cent of Canadians expect to leave wealth for their children and other family when they die. A new survey from mortgage lender CIBC sh…

Demand for high-end homes climbs

2015-07-09

Justin da Rosa Other Sales of homes in excess of $1 million were concentrated in two of Canada’s most popular housing markets, which saw trajectories pointing upward for top-tier real estate. "It really comes down to the two biggest m…

Vancouver's $1m-plus Home Sales Jump 48% in First Half: Sotheby’s Report

2015-07-09

Homes above $4 million see 71 per cent rise over previous year and $1m-plus townhome sales more than double as high-end market continues to rise Joannah Connolly Other Sales of $1 million-plus homes in the city of Vancouver continued their …

Toronto MLS sales hit a new record high

2015-07-07

Steve Randall Other Following news Monday that Vancouver home sales had hit a new record for June, Toronto also had an exceptional month. New data from the Toronto Real Estate Board show that there were 11,992 sales through its MLS system i…

Condo development without parking the future?

2015-07-06

Jordan Maxwell Other Developers are facing a struggle to provide well-designed condos but also affordable ones, leaving some to try a new method that is sticking with millennials and other groups where demand is strongest. “Parking is…

Owen Sound has tax breaks to draw investors

2015-07-06

Jordan Maxwell Other Owen Sound is emerging as a hotspot for retirees and American investors, according to one industry vet, following record numbers in home sales in the month of May and strong activity during the month of June. “Act…

Zoocasa comeback forcing agents to hone skills

2015-07-06

Jordan Maxwell Other Zoocasa’s re-emergence in the online space is expected to force agents to examine their value proposition and hone their skills. “Some of the nicest websites are presented by some of the weakest Realtors,&rd…

Social Media for Realtors #3: Five Great Facebook Marketing Strategies

2015-07-06

In the third part of our series on social media for Realtors, real estate marketing consultant Jennifer Snyder explains how to build relationships through Facebook Jennifer Snyder Other Marketing on Facebook has changed a lot over the last …

Vancouver Real Estate Sizzles with Hottest June Sales on Record: REBGV

2015-07-03

Sales activity up 28 per cent year over year, seeing the second highest volumes ever; prices up 10.3 per cent, says board Joannah Connolly Other The weather wasn’t the only thing scorching in Greater Vancouver in June, with real estat…

Fraser Valley Market Feels the Heat with June Home Sales Up 41%: FVREB

2015-07-03

Sales volumes in region were highest for June since 2005, aided by a slew of new listings; prices up 7.3%, says real estate board Joannah Connolly Other Sales in the Fraser Valley in June were the highest for that month since 2005 and ranke…

Zoocasa returns

2015-07-02

Jordan Maxwell Other Rogers Communications has now sold its discount real estate website, Zoocasa, to a Toronto Realtor and a group of investors following the site’s shut down just 10 days ago. Lauren Haw and her investors group purch…

Warning over former grow-op homes

2015-07-02

Steve Randall Other Homes that have been used for growing marijuana are becoming more difficult to buy and insure. The Financial Post reports that mortgage lenders and insurance companies are increasingly declining applications for properti…

What's the better buy: Vancouver vs Toronto

2015-06-29

Jordan Maxwell Other Speculation surrounding Vancouver these days would tell you that it’s an impossible market for first-time homebuyers to get into, but, according to a study from RedPin.com, it’s a better buy than Toronto. &l…

TOP 500 VALUED RESIDENTIAL PROPERTIES In BC- 2015 ASSESSMENT ROLL

2015-06-26

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More protection needed for landlords?

2015-06-26

Jordan Maxwell Other A landlord who rented her property in Bay Bulls, Newfoundland is facing thousands of dollars in repairs after the property was damaged and robbed by its tenants – yet another case of landlord-tenant relations turn…

Increased sales fuelling recreational property market

2015-06-26

Jordan Maxwell Other Activity is strong for the recreational property market in Muskoka – or the Hamptons of the North as some are calling it – as luxury cottage sales continue to rise in the Lakelands region. “D…

Should realtors cut their commissions? - our commissions are the lowest in North America - most are at 6%

2015-06-26

Steve Randall Other Homeowners in British Columbia nearly always use a realtor when buying or selling a property, according to a new report by Survey Sampling International, Over the past four years 86.3 per cent of transactions have involv…

Bridal Falls RV Cottage Resort - 24 foot wide Cottage and RV parking

2015-06-25

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What's happening in the River District

2015-06-25

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Sechelt sewage plant malfunctions

2015-06-25

Christine Wood other A problem at the District of Sechelt’s new sewage treatment plant caused sewage to back up in the system for about eight hours on June 13 before operators could fix the problem and restore regular service. “…

Cheap loonie has cottage market booming, especially among foreigners, ReMax says

2015-06-24

Strong demand in many markets, but picture not as rosy in areas dependent on oil money Other The weak Canadian dollar has caused Canada's recreational property and cottage market to heat up, one of Canada's biggest sellers of real estate sa…

British Columbians Embracing the Cottage Getaway: Re/Max Report

2015-06-24

West Coast residents prioritizing cabin life over city breaks, according to annual Re/Max Recreational Property Report Joannah Connolly Other Nearly 69 per cent of British Columbians would choose a long weekend at the cottage over a big-cit…