Real Estate News & Articles

Calgary sees more sales declines #LesTwarog

2015-04-01

Jennifer Paterson Other Average home prices in one key Canadian market have declined by nearly one per cent in the first quarter of 2015, according to new figures that confirm a buyer’s market. “Based on current sales activity a…

Kitec hot water pipes installed between 1995-2007 is the new UFFI

2015-04-01

Richard Silver Other During cold weather, there’s nothing more comfortable than radiant heating, especially when it’s installed in your flooring or used for high-end treats like heated towel racks. However, if you’ve used …

GDP falls; real estate industry partly to blame #LesTwarog

2015-03-31

Justin da Rosa Other Canada’s real gross domestic product (GDP) fell 0.1 per cent in January due in part to sagging construction and diminishing output from real estate professionals. “Construction fell 0.4 per cent in January. …

Mainland Chinese buyers are really driving markets from Sydney through New York to London, and Canadian cities like Vancouver

2015-03-31

Mulroney: Canada must get creative with foreign ownership in Vancouver Jordan Maxwell Other Canada's former ambassador to China, David Mulroney, has jumped into the debate surrounding foreign ownership in Vancouver's real estate market and …

Alberta’s new budget spares real estate market

2015-03-30

Jordan Maxwell Other Alberta’s new provincial budget was rife with tax increases, including those relating to real estate, but agents on the ground say those fee increases aren’t likely to really impact the market. “Albert…

"Stacked Towns" an Emerging Form of Housing for Vancouver #LesTwarog

2015-03-30

With detached homes now unattainable for many, there are innovative alternatives such as this housing form found in Toronto and Montreal, says Michael Geller Michael Geller Vancouver planner, Other My parents' first home purchase was a deta…

Housing co-ops face tough decisions as subsidies end

2015-03-26

Frank O'Brien Van. Courier Aging B.C. housing co-operatives are in limbo as federal government subsidies end and restrictions limit their options. Ironically, for some of Vancouver’s 108 non-profit housing co-ops, real estate speculat…

Binning House excellent location and quality finishes

2015-03-26

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Mortgage default insurer releases comprehensive condo study

2015-03-26

Justin da Rosa Other In a comprehensive study of condo markets across Canada, Genworth and the Conference Board of Canada are predicting a soft landing in most cities, with some expected to see more significant price drops. "From a national…

How to protect secondary suites

2015-03-26

Jennifer Paterson Other A Hamilton city councillor has jump started a conversation about simplifying the application process for secondary suites in seeking to penalize those who add those units without the necessary go-ahead. “Perhap…

Quotes from Important people to inspire

2015-03-25

Other Jack Welch (Former chairman and CEO, General Electric) “ Arrogance is a killer, and wearing ambition on one's sleeve can have the same effect. There is a fine line between arrogance and self-confidence. ” — Jack: Str…

Condos, New Housing Forms, Langley the Only Options for Future Buyers: Vancity #LesTwarog

2015-03-25

Average Vancouver home will cost $2.1 million by 2030, according to new Vancity report – so Millennials will have to adapt Joannah Connolly Other Downsizing the Canadian Dream: Homeownership Realities for Millennials and Beyond says t…

Landlords under fire for 'reno-victions'

2015-03-25

Jennifer Paterson Other The mayor of one of Canada's largest cities wants his province to tackle so-called “reno-victions," although landlord advocates say those evictions are all about protecting renter safety. “Like the mayor,…

Fire hall and housing project goes to open house

2015-03-24

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Infographic: TD Survey Reveals Home Buyer Attitudes on Urban Vs. Suburban #LesTwarog

2015-03-24

Joannah Connolly Other The finding that Canadians prefer to live in urban areas whereas older people prefer the suburbs is no revelation. But an interesting result of a new TD Bank survey is that all age groups agree that the suburbs are a …

Investors counter ‘housing crash’ forecast

2015-03-24

Jennifer Paterson Other A new book predicting Canada’s biggest housing market crash has investors responding – blow by blow – with their own reasons why the market is safe from a U.S.-style correction. “Fact is that …

Leave it to the local sales reps, urges broker Marian deWever

2015-03-23

Susan Doran Other You can’t stick your head out from under the bedcovers without hearing about globalization these days. The media rarely misses an opportunity to hammer home the point that due to technology, the world is shrinking an…

Price gap widens between Toronto houses and condos

2015-03-23

Jamie Henry Other The difference in price between a new house and a new condo in the Toronto market has widened to almost $300,000. Figures from RealNet Canada and the Building Industry and Land Building Association, show that the average c…

CIBC says Canada’s economy probably shrank in January

2015-03-23

Jamie Henry Other Retail figures declined in January, according to data released by StatsCan on Friday and CIBC economists believe that the unexpected drop in consumer spending is a sign that the economy shrank. Andrew Grantham wrote in a c…

Murrayville House exceptional homes in a fabulous beighbourhood #LesTwarog

2015-03-18

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Canadian home price to fall 40 to 50 per cent #LesTwarog

2015-03-18

Jordan Maxwell Other Puffed up by years of ultra-low borrowing rates, home values have bloated to levels so far out of sync with the underlying incomes needed to support them, it’s only a matter of time before one headwind or another …

Chinese investment wave beyond Vancouver #LesTwarog

2015-03-17

Jordan Maxwell Other Vancouver is not alone in being rocked by real estate buyers from China. According to news1130.com, the explosive growth of the Chinese economy is fueling an international buying binge. Chinese purchases of foreign home…

Meet Black+Whites on Foster Homeowners: Tina and Andrew

2015-03-17

Other Tina and Andrew recently bought a four-bedroom home at the Black+Whites that will be ready for them and their two sons to move into in November, 2015. Here’s what Tina had to say about there home: WHAT ARE YOUR TOP THREE REASONS…

Housing Demand Remained Elevated in February #LesTwarog

2015-03-13

Other The British Columbia Real Estate Association (BCREA) reports that a total of 6,661 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in February, up 19.4 per cent from the same month last year. Total…