Real Estate News & Articles

Millennials push up homeownership timeline on lower rates

2015-01-30

Jamie Henry Other Many Millennials are looking to get into the home market sooner than they previous expected, according to a new report, largely on newly lowered mortgage rates. A new study from the Bank of Montreal found 74 per cent of Mi…

Realtors adapting to ‘disruptive’ technology #LesTwarog

2015-01-29

Realtors Offer Cash Rebates To Woo Do-It-Yourself Home Buyers Jamie Henry Other Real estate agents are reacting to the new kids on the block that are taking a bite out of their business. Websites and apps that enable vendors to market their…

Analysts confident of another rate cut in March #LesTwarog

2015-01-29

Jamie Henry Other Disappointing data from Statistics Canada that show a weaker labour market in 2014 than previously thought has increased anticipation of another cut in interest rates. With lower oil prices having an impact on inflation an…

Oliver says there’s no housing bubble #LesTwarog

2015-01-29

Jamie Henry Other Some people will never be convinced but yesterday federal finance minster Joe Oliver again repeated the government’s opinion: “we don’t think there’s a bubble.” He said that the CMHC and the O…

Vancouver’s Urban Design Panel rejects 'origami' tower #LesTwarog

2015-01-28

Architect says he looks forward to addressing concerns raised by panel Naoibh O'Connor Van. Courier Vancouver 's Urban Design Panel rejected the proposal for Cadillac Fairview's Waterfront "origami" Tower at its meeting Wednesday. The panel…

Lower rates to boost buyer confidence #LesTwarog

2015-01-28

Olivia D'Orazio Other A major Canadian bank has lowered its five-year fixed mortgage rate – and others are expected to follow suit – but some agents believe that won’t have much of an impact on how the housing market perfo…

Proposed ‘origami’ tower goes before design panel

2015-01-27

Architects defend controversial design Naoibh O

Yaletowners beat Vancouver city hall #LesTwarog

2015-01-27

Bob Mackin Van. Courier A B.C. Supreme Court judge has quashed a rezoning bylaw and development permit for a controversial downtown land swap and ordered city council to hold new public hearings. Community Association of New Yaletown sought…

Micro-condos promoted as 'affordable luxury' real estate in Surrey

2015-01-26

Concrete tower in Surrey, B.C., includes downsized suites for less than $94K Other The developer of a 35-storey concrete tower in Surrey, B.C., is the latest to jump into the small-home trend, with suites as small as 316 square feet&nb…

3 Mean Things Said About Waterfront Tower

2015-01-26

Other The edgy design of Waterfront Tower , a 26-storey office building proposed by Cadillac Fairview  for 555 West Cordova St, has sparked fierce criticism . ICYMI, here are three not-very-nice things that have been said about the tow…

LEASEHOLD STRATA PARKING AND STORAGE

2015-01-23

Other Strata developers often use long-term leases to generate revenue from the sale of leasehold interests in parking stalls and storage lockers. A recent case 1 reminds licensees about the importance of the lease documentation. 2 In a lea…

Craigslist rental scam: Vancouver real estate agents warn about impersonators

2015-01-23

B.C. rental scam victim recognizes suspect from citizen's arrest Natalie Clancy Other The Real Estate Council of B.C. wants agents to use caution before handing over the keys to properties being viewed, after half a dozen condos were used t…

The Black + Whites on Foster Extraordinary townhome living

2015-01-22

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Does Airbnb let tenants own a piece of your property?

2015-01-22

Jennifer Paterson Other Renting out space as an Airbnb property is a new source of income that many Canadian tenants are jumping on, but should it be cleared by the landlord and does the renter have the right to sublet the space? “&#8…

Asian investments in BC "just the beginning"

2015-01-22

Other Last March, China-born Owen Wang, a recent immigrant to Canada, purchased the 18-hole Sechelt Golf & Country Club and said he plans to sink $20 million into improvements, including the construction of a hotel on the site. Investor…

Evolve at 13328 104 Avenue Surrey 35 storey condo project by WestStone Group

2015-01-22

New $93,900 condos aimed at investors Other Brian Regehr knows where most of the buyers for his company’s new $93,900 high-rise condominiums in Surrey will come from. “Investors will find this is a great rental market,” sa…

Vancouver is second most unaffordable market in the world

2015-01-20

Jamie Henry Other Vancouver has been identified as one of the most unaffordable cities in the world in a study of major property markets. The Demographia International Housing Affordability Survey studies and ranks property markets in Canad…

Court rules against City of Vancouver in Arbutus Corridor case

2015-01-20

Naoibh O

BC Home Prices, Sales Will Keep Rising in 2015 #LesTwarog

2015-01-20

Joannah Connolly Other The BC housing market shows no sign of contracting after its strong 2014, with sales and prices expected to rise again in 2015, according to a Central 1 Credit Union forecast issued January 20. However, the credit uni…

What are the Dangers of Older Homes? #LesTwarog

2015-01-20

Older character homes may be charming, but they can house a multitude of sins. Home inspector Sean Moss outlines a few Sean Moss Other Q: What are the potential issues to be aware of when buying – and maintaining – an older home…

Demand for Toronto condos stays strong

2015-01-19

Jamie Henry Other The demand for condominiums in the Greater Toronto Area stayed strong at the end of last year, according to the president of the local real estate board. Paul Etherington announced that there were 4,975 condominium apartme…

Construction starts on Strathcona library and social housing complex

2015-01-19

Naoibh O

Four Predictions for the 2015 Toronto Real Estate Market

2015-01-18

The Huffington Post is giving their four predictions for the housing market in 2015 and Nathan Dautovich, owner of the PropertyGuys.com, drops some knowledge for realtors and investors to consider this year. Other 2015 promises to be a year…

Condo sales grew in 2014, but is it sustainable?

2015-01-16

Olivia D'Orazio Other Condo sales in Canada’s major cities – and the three metropolitans that CREA reports on – were way up in the full year 2014. And, despite sinking oil prices and uncertainty surrounding mortgage rates,…