Real Estate News & Articles

Canadian manufacturing sales increased 2.5 per cen - BCREA

2014-09-16

Other Canadian manufacturing sales increased 2.5 per cent in July to $53.7 billion, surpassing the previous record monthly dollar volume set in July 2008. Sales were higher in 16 of 21 manufacturing sub-sectors. In BC, manufacturing sales w…

Outside of Toronto, Vancouver and Calgary, Canada’s housing market is ‘mediocre at best’

2014-09-15

Garry Marr Other The national average home price shows a market still growing but increasingly that figure is hiding the fact that it’s barely treading water in many Canadian cities. Toronto , Calgary and Vancouver continue to drive t…

Home prices up, blame it on Toronto, Vancouver and Calgary

2014-09-15

Garry Marr Other Three of the country’s most expensive housing markets continue to drive the national average price for a home, according to a new report. The Canadian Real Estate Association said Monday the average sale price of a ho…

BCREA reports 7,341 residential sales in August up 7 per cent from August 2013

2014-09-12

No Vacation for Home Buyers in August BCREA Other   The British Columbia Real Estate Association (BCREA) reports that a total of 7,341 residential sales were recorded by the Multiple Listing Service® (MLS®) in August, up 7 pe…

SODO - South Downtown District

2014-09-11

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Chinese investors' global hunt for prime real estate is helping drive Vancouver home prices to record highs

2014-09-11

Foreign buyers are fuelling a seismic spike in Vancouver’s luxury housing market, realtors say Julie Gordon The Vancouver Sun Home values in a handful of luxury enclaves in Vancouver’s west climbed mo…

New Rent-to-Own Scheme to Help Buyers: Bosa

2014-09-10

People who rent apartment at participating buildings will build up Bosa Equity account to be used against down payment for Bosa homes, announces developer Joannah Connolly Other Under the new Bosa Equity program, people who rent an apartmen…

In Vancouver home sales, $3-million is the new $1-million

2014-09-09

BRENT JANG Other Metro Vancouver’s hot housing market is scorching when it comes to high-end sales. Properties selling for $3-million or higher have surged 35 per cent in the Vancouver region, defying predictions of a slowdown after O…

“Rich and poor” condo doors stir debate

2014-09-09

Grainne Burns Other Investors in mixed-use condo developments are increasingly concerned that the bad press and stigma towards the concept in the U.S. may be adopted here. And their fears may be warranted as news about a new project compris…

Canadian Housing Starts

2014-09-09

Other The pace of new home construction in Canada slowed in August, falling 3.7 per cent to 192,368 units at a seasonally adjusted annual rate (SAAR). The six-month trend in Canadian housing starts sits at 189,837 units SAAR. Housing starts…

Condos Drive 11% Boost in August Housing Starts: CMHC

2014-09-09

Joannah Connolly Other Vancouver Census Metropolitan Area (CMA) housing starts were trending at 20,271 units in August, up 11 per cent compared with July, according to data released September 9 by Canada Mortgage and Housing Corporation (CM…

The Art of Illusion: Tricks to Sell a Small Condo

2014-09-06

Barry Magee Other With land at such a premium in the Lower Mainland, a lot of first-time buyers are spending their time shopping online for condominiums these days. Lifestyle is of the utmost importance to the younger generation, so walking…

House prices in Canada’s major cities setting hot pace, but for how long?

2014-09-05

Tara Perkins Other Home prices in Canada’s major cities are running at a rate many economists just don’t think is sustainable. We won’t get a complete picture of sales and prices in August for a couple of weeks, but prelim…

Condo depreceation reports can actually save money

2014-09-04

Glenn Duxbury Other Download Document

Resorts and REALTORS project 2015 as a breakout your for recreation property investment

2014-09-04

year to harvest "low-hanging fruit" in the market Frank O'Brien Other Download Document

Condo investors mostly unfazed by tougher rules

2014-09-04

Tyler Orton Other Download Document

Modern Estates 7411 Moffat Road 12 suites by Prosper Enterprises

2014-09-04

Live like royalty in Richmong Other Download Document

B.C. homeowners will no longer face bills for archeological excavations

2014-09-04

LOUISE DICKSON Other VICTORIA - B.C.’s Archaeology Branch can no longer force homeowners to pay for archeological research on their properties. The province has abandoned its appeal of a 2013 B.C. Supreme Court ruling that found the A…

Vancouver Real Estate: With Rents Rising, Is Now The Time To Buy?

2014-09-04

Atrina Kouroshnia Other A recent Globe and Mail article predicts that Vancouver rents may soon rise faster than home prices. I've seen this shift firsthand. In the past two months, I've had three mortgage clients who are considering buying …

Vancouver single-family detached homes hit record high prices

2014-09-04

Brent Jang Other Greater Vancouver and Fraser Valley home buyers have pushed up prices for single-family detached houses to record highs. The benchmark home price index hit $984,300 last month for detached properties sold in Greater Vancouv…

Tax tips for real estate sales reps

2014-09-04

Lior Zehtser Other If you think you’re paying too much tax, here are some ideas that may help.  Get started on these ideas now and you may be able to save some money at tax time. If you are just getting started, meet with an acco…

Living to 90 and beyond

2014-08-31

What factors determine which of us will make it past age 90? Lesley Stahl reports on a groundbreaking study that has revealed some unexpected findings Lesley Stahl other It's always been a dream of mankind to live forever. Since the start o…

Australia has the kind of housing investment data we could use

2014-08-29

Jamie Henry Other There are many similarities between the housing market in Canada and that of Australia; low interest rates, affordability issues, overvaluation and foreign investment. One big difference is the availability of data, partic…

Lower Mainland Q2 Home Sales Value Up 17%: Landcor

2014-08-28

Elizabeth Wilson Other The value of residential sales in the Lower Mainland in 2014′s second quarter increase 17.24 per cent compared with the same period a year ago, and 35.18 per cent over this year’s first quarter, according …