Real Estate News & Articles

B.C. real estate entrepreneur ditches Dragons, lands Shark Tank deal #LesTwarog

2015-01-16

Morgan Carey says decision based on exposure, not money Ben Ingram Other Real Estate Webmasters president and Nanaimo entrepreneur Morgan Carey has spurned a $2-million deal he secured on the reality TV show Dragons’ Den for a richer …

Single-family home prices drop in almost half of cities

2015-01-15

Jamie Henry Other There was a slight drop in Canada’s house prices in December, according to the latest Teranet -National Bank Composite House Price Index. Repeat sales of single-family homes slipped by 0.2 per cent from the month ear…

Mobile payments coming to real estate, home deposits #Lestwarog

2015-01-14

Alexandra Posadzki Other TORONTO – The mad scramble involved in putting down a deposit on a new home can be more than just a hassle – in some cases it can even be a deal breaker. In an age where most purchases can be paid with a…

Consumer demand in 2014 Strongest in Five Years #LesTwarog

2015-01-13

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Quick Sell-Out of Squamish Condos was to Local People, Not Investors

2015-01-13

ParkHouse developer planning another building for Squamish, after selling out condo development in a record 90 minutes Jennifer Thuncher Other It went so well, they’ll likely do it again. Mario Gomes, the developer behind the ParkHous…

Paying Referral Fees to Unlicensed Lead Generation Businesses is Prohibited

2015-01-12

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Paying Referral Fees to Unlicensed Lead Generation Businesses is Prohibited

2015-01-12

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What’s your property worth? Property assessment notices are here

2015-01-12

Other Property owners received their 2015 assessment notices the first week of January from BC Assessment (BCA). This notice is BCA’s estimate of a property’s value as of July 1, 2014, and for new construction or substantially r…

Just your average million-dollar home #LesTwarog

2015-01-12

Olivia D'Orazio Other If you need even more proof that the housing market’s hot, consider this: million-dollar homes are hardly considered luxury properties in many of Canada’s larger metropolitans. “It isn’t what we…

REBGV Stats Package December 2014

2015-01-09

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Canada’s housing is 63 per cent over-valued, says Deutsche Bank

2015-01-09

Jamie Henry / Andy Kiersz Other There’s always plenty of debate when economists suggest that Canada’s housing is over-valued by 20 per cent so how do you feel about this one? Deutsche Bank has published an overview of some of th…

Deutsche Bank in Germany is the latest to join a chorus of financial institutions urging caution amid reports of market overvaluation in Canada

2015-01-09

More reports of overvaluation? Add it to the list Olivia D'Orazio Other Deutsche Bank in Germany is the latest to join a chorus of financial institutions urging caution amid reports of market overvaluation in Canada – this time by 63 …

Housing starts in Canada were trending slightly lower in December

2015-01-09

Olivia D'Orazio Other Housing starts in Canada were trending slightly lower in December as developers work to stabilize the pace of new home construction, and by extension the supposedly overheated housing market.   According to the Ca…

First time buyers may need $500,000 but ownership is still favourable

2015-01-08

Jamie Henry Other First time buyers have something of a mountain to climb these days with price increases pushing the amount needed for a down payment higher during last year. Despite low interest rates it is still a daunting prospect to ta…

Price of New Homes Falls Again in Vancouver and Across BC: StatCan

2015-01-08

Joannah Connolly Other Despite resale property prices on a seemingly unending upward trend, the price of a new home in Vancouver fell 0.2 per cent month-over-month in November 2014 – the first monthly price drop since July, according …

2015 Real Estate Outlook

2015-01-08

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Hudson's Loft 3068 Gladwin Abbotsford

2015-01-08

Yaletown Feel Without The Price Tag Other Download Document

Meet David Weir's exit strategy: His children

2015-01-07

Susan Doran Other Veteran broker David Weir has been in the real estate business long enough to have witnessed the proliferation of teams become one of the biggest phenomena in real estate. “This business model certainly wasn’t …

Canada’s luxury market is doing just fine

2015-01-07

Olivia D'Orazio Other Regardless of the doomsayers pointing to low oil values and potential market overvaluation, the luxury real estate market in Canada is not suffering, and Sotheby’s International doesn’t think it will in 201…

Are Vancouver’s sky-high home prices inaccurate?

2015-01-07

Olivia D'Orazio Other Vancouver ’s hot housing market has finally hit the milestone many prospective buyers feared, with the benchmark price of a detached home rising to more than $1 million in December, but agents say that’s no…

rivate equity firm numbers at all time high

2015-01-06

Other The private equity real estate industry continued to grow in 2014, hitting an all-time high. “2014 has seen a notable rise in the amount of assets managed by the private real estate industry,” says Andrew Moylan, Preqin&rs…

How to: Stage a kitchen in 3 easy steps

2015-01-06

Jamie Henry Other The kitchen is often considered the most important room in a house: it’s a hub of activity and, of course, that’s where all the delicious food is.   It’s no surprise, then, that the kitchen is usuall…

Vancouver home price skyrocket in Dec 2014

2015-01-05

Vancouver Real Estate: Benchmark Price Of Detached Home Reaches $1 Million Sara Harowitz Other The benchmark price for a detached Greater Vancouver home hit $1 million in December 2014, attesting to the area's seemingly ever-rising real est…

Micro-condos are set to take Canada’s densely populated cities by storm

2015-01-05

Olivia D'Orazio Other Agents looking for the next trend in the condo market may need to squint: micro-condos are set to take Canada’s densely populated cities by storm.   “[Micro condos] are becoming more common, just simpl…