Real Estate News & Articles

Do the math: Vancouver house prices will reach $7 million

2014-06-04

Frank O'Brien Other The average detached house price on the West Side of Vancouver will reach more than $7 million within ten years, suggests Altus Group, one of Canada’s premier appraisal and valuation firms. “If [the current] …

Is Vancouver real estate heading for a seller's market?

2014-06-03

Real estate sales in May rose 14 per cent over the same month last year Other Vancouver real estate may finally be headed towards a seller's market, as the Real Estate Board of Greater Vancouver announces a 14 per cent rise in sales this Ma…

Residential real estate numbers push Vancouver into seller’s market territory

2014-06-03

Brent Jang Other It’s a seller’s market in Greater Vancouver for the first time in three years. A gauge closely monitored by the real estate sector, called the sales-to-active-listings ratio, reached 20.4 per cent last month - t…

Vancouver realtors say there hasn’t been this much home buyer demand in three years

2014-06-03

Garry Marr Other Vancouver sales jumped 14% last month compared to a year ago but still remain 6.5% below the 10-year sales average for the month of May. The Real Estate Board of Greater Vancouver said there were 3,286 sales last month in G…

10 tips for first time real estate investors

2014-06-03

If you plan to five into real estate as an investment do some research first. Mark Weisleder Other Many people consider investing in real estate as a way to build a nest egg and have tenants help you pay the mortgage. There are pros and con…

What Chinese Investors Want? Fun!

2014-06-02

Other This morning , JLL's SVP Mark Lester , who's been finalizing the sale for some time, shared details with us—at least what he can share. The deal closed Friday , and the seller has a non-disclosure agreement with the buyer. The 2…

Hotel Vancouver For Sale

2014-06-02

Other In more big news Friday, two of Canada's most historic hotels— the Royal York Hotel in Toronto and Hotel Vancouver—were listed. The seller, Quebec pension fund Caisse de dépôt et placement du Québec, is…

Survey finds third of first-time home buyers prefer long amortizations

2014-06-02

Tara Perkins Other More than one-third of first-time home buyers say they would take a longer amortization period on their mortgage if they could, according to a Google Consumer Survey that was done for The Globe and Mail. Long amortization…

Apartments perhaps the safest, smartest real estate play

2014-06-01

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Apartment building portfolios entice preferred financing

2014-06-01

Michael Lee Other Download Document

Mortgage changes and tenant demand spur landlords

2014-06-01

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Lake Okanagan Resort near Kelowna sold to Chinese investors

2014-06-01

Peter Mitham Other Download Document

Metro warehouses flirt with condominium-level prices

2014-06-01

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Stratas ignore depreciation reports at their peril

2014-06-01

Jeremy Bramwell Other Download Document

B.C. pension fund promotes modular home living

2014-06-01

Frank O'Brien Other Download Document

As pace of home demolitions quickens, Vancouver protest grows

2014-05-30

Kerry Gold Other More than 200 people showed up Sunday to protest the demolition of the heritage “A” listed Legg Residence in the city’s west end. Considering the torrential downpour, it was an impressive turnout, as well …

Historic Hotel Vancouver up for sale

2014-05-30

Tyler Orton Other The historic Hotel Vancouver is putting up a for sale sign after Quebec’s public pension fund, Caisse de dépôt et placement du Québec, announced it was selling off the luxury building along with T…

RRSP vs TFSA

2014-05-29

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Bridlewood at 3470 Highlnd Drive Coquitlam by polygon

2014-05-29

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25 years of technology in real estate

2014-05-29

Maggie Hall Other During the past 25 years, we’ve seen technology grow from typewriters and pagers to tablets and smartphones . We pick up the phone or meet friends for coffee far less often now that we text, tweet or message through …

Mortgage battle escalates as Scotiabank offers 2.97% five-year rate

2014-05-28

Tara Perkins Other Bank of Nova Scotia is the latest lender to push the envelope on mortgage rates, offering a five-year fixed rate of 2.97 per cent. That’s the lowest five-year fixed rate among the big banks, and comes in slightly be…

$400m North Vancouver Waterfront Project Closer to Reality

2014-05-27

Glen Korstrom Other The City of North Vancouver and Concert Properties are finalizing an agreement that would pave the way for Concert to build a $400 million mixed-use project along the waterfront in conjunction with Knightsbridge Properti…

Housing in Vancouver Becoming Even Less Affordable

2014-05-27

Emma Crawford Hampel Other Rising real estate prices in Vancouver are helping to increase market confidence, but are leading to housing becoming even less affordable, RBC announced May 27. According to the bank’s Housing Trends and Af…

Canadian home affordability caught in a tug of war

2014-05-27

Tara Perkins Other The affordability of homes in Canada is caught in a tug of war between rising prices and lower mortgage rates. But the country’s biggest bank predicts that that’s all about to change. Royal Bank of Canada will…