Real Estate News & Articles

Diversified Royalty Corp. to buy Sutton Group trademarks for $30.6 million

2015-06-10

Other Vancouver-based Diversified Royalty Corp. has inked a deal with Sutton Group Realty Services to acquire the Canadian and U.S. trademarks and other intellectual property rights for $30.6 million. Immediately following the closing of th…

Which Canadian city has the largest rental market?

2015-06-10

Other As Canada’s increasingly hot real estate market pushes many homeowners back to the rental market, a new infographic demonstrates just how many apartment units there are across the country. The infographic, by Rentseeker.ca , fea…

Seniors skeptical over provincial property tax program

2015-06-09

Other It seems that seniors in Alberta would rather struggle to pay property taxes than to take what they perceive as a risk from provincial help. The Alberta Seniors Property Tax Deferral Program enables seniors who own their homes to get …

Vancouver buyer pays $1 million over asking price

2015-06-09

Other The bidding wars in Vancouver are intensifying, leading to more buyers paying larger premiums to secure the home of their dreams. The National Post reports that a West Vancouver home listed at $2.98 million sold for $4.1 million, more…

City wants more family housing - 8,000 families living in one-bedroom, studio apartments

2015-06-09

Mike Howell Van. Courier With 8,000 families in Vancouver living in studio and one-bedroom apartments, city hall staff revealed Tuesday it is considering a city-wide rezoning policy to allow for the development of family housing near parks,…

Rogers shuts down Zoocasa, its online real estate brokerage

2015-06-09

TAMSIN McMAHON Other Zoocasa, the online discount real estate brokerage owned by Rogers Communications Inc., abruptly shut down, delivering another blow to consumers looking for low-cost options to buy and sell their homes. The company sent…

Landlords struggle to draw tenants

2015-06-09

Jordan Maxwell Other The pool of prospective tenants are drying up in Calgary as a tough job market is forcing some to reduce rents in response – and the situation could worsen as tenants leave the market for good. “People are h…

Double whammy hits condo market investors

2015-06-09

Jordan Maxwell Other Strong condo numbers released by Colliers International recently show that investors will soon be in for major profits as prices rise but the outlook isn’t all good, says one industry vet. “I do think we hav…

Housing starts point upward as low fuel prices stimulate growth

2015-06-08

Jordan Maxwell Other Ontario, Quebec and many parts of the Atlantic region continue to offset the effects of low oil prices in Canada as housing starts registered an increase from April to May. “The small increase in the trend was pri…

Realtor Websites: How to Say More with Less on Screen

2015-06-08

Don’t imagine visitors to your website care what you have to say. Here’s how to get your message across in an instant, by marketing expert Jeff Kee Jeff Kee Other They’re Just Not That Into You... Yet Unless it’s you…

BC Housing Demand Forecast to be Strongest Since 2007

2015-06-06

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Will more taxes solve housing affordability challenges? History says no and so do we.

2015-06-06

Other The rising cost of homes in our region is well-documented. Metro Vancouver home prices have increased nearly 80 per cent since 2005. Detached home prices have increased over 100 per cent. We worry about how our children can afford a h…

Hotel Vancouver (556 rooms) sold for $180M to West Vancouver Larco hospitality

2015-06-05

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Low Loonie and Interest Rates Driving Recreational Real Estate Sales: Royal LePage

2015-06-04

Cabin market “alive and well” in BC and across Canada, but some eastern BC areas affected by low energy prices, says annual recreational property report Joannah Connolly Other The low loonie and historic low interest rates have …

Vancouver mayor urges premier to act on flipping

2015-06-04

Jamie Henry Other Property speculators are in the spotlight in Vancouver where the city’s mayor Gregor Robertson wants action to curb the practice of flipping. He also wants a new provincial tax on luxury homes and powers to tackle th…

Ottawa resales strong in May

2015-06-04

Jamie Henry Other Sales of existing homes in the Ottawa market increased by 7.7 per cent in May compared to a year earlier. Data from the Ottawa Real Estate Board show that there were 1,926 residential properties sold in the month, beating …

Foreign Buyers in Metro Vancouver - foreign buyers are less than 5 per cent of Vancouver buyers as per BCREA article

2015-06-04

BCREA Other If you've glanced at media headlines in the past few weeks, you know that foreign buyers of real estate have gotten a lot of attention. Concerns about housing affordability in Vancouver spurred the interest, with calls for the p…

Boom! Vancouver’s house prices hit new record

2015-06-03

Jamie Henry Other The average price of a detached single-family house in metro Vancouver has reached a new milestone: $1.1 million. The Real Estate Board of Greater Vancouver data shows sales of detached houses in May reached 1,723, an incr…

Vancouver's million-dollar homes symbol of growing inequality

2015-06-03

Youth restless in a city divided by wealth inequity Jen St. Denis Van. Courier Brandon Williams is doing just as Vancouver real-estate industry insiders suggest. He lives and works in Vancouver, but soon he, his wife and his baby will move …

Vancouverites Increasingly Turning to Real Estate Investment: BlueShore Financial

2015-06-03

More than 40 per cent of locals have invested or plan to invest in rental property to support retirement income, according to survey Joannah Connolly Other As real estate values continue to rise in Metro Vancouver, more Vancouverites are co…

Aquilini Centre at Rogers Arena a mixed use project with commercial and 600 rental apartments

2015-06-01

Ryan Starr Other Aquilini Development and Construction is readying to move people into the first tower at Aquilini Centre, a mixed-use project integrated with Rogers Arena that represents downtown Vancouver’s first-ever master-planned…

Portage by Aragon at 260 Salter Street New Westminster 111 condos in a 4 storey building

2015-05-29

Form & function by the fraser CLAUDIA KWAN Other If interior design is ultimately about allocating space, Aragon’s Maria Zoubos is focused just as much on the practicalities of everyday life as she is on esthetics. That’s ob…

Aviara 4189 Halifax Burnaby a 32-storey concrete tower by Ledingham Mcallister

2015-05-28

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City offers incentive packages for developers to build more rental housing

2015-05-27

Dearth of three-bedroom units prompts incentive packages for developers Mike Howell Van. Courier Saying he has not heard a reasonable alternative to get more rental housing built in this city, Mayor Gregor Robertson and five of his councill…