Real Estate News & Articles

Mortgage Companies Gain as Bubble Talk Spurned: Corporate Canada

2014-05-22

Greg Quinn Other Mortgage insurer Genworth MI Canada Inc. (MIC) and lender Home Capital Group Inc. (HCG) are surging as investors wager the country will avoid a housing bubble and the companies pick up business vacated by the government&rsq…

Canada's Oliver does not see a housing or mortgage crisis

2014-05-22

Jamie Henry Other It’s Official - No Housing Crisis in Canada Finance Minister Joe Oliver says there is no impending housing or mortgage crisis in Canada. Speaking in an interview with CTV News, Oliver said the government has stepped …

Vancouver’s international housing market is tightly connected to what happens to the Chinese economy

2014-05-21

Real Estate Goes Global James Surowiecki Other The most expensive housing market in North America is not where you’d think. It’s not New York City or Orange County, California, but Vancouver, British Columbia. Now, Vancouver is …

Home Sales Dip in Canada Indicates Dull Housing Market

2014-05-21

Trend continues with dropping sales despite rising prices in most Canadian markets Other OTTAWA - Canadian home sales were up from March but down from a year ago in April, signalling the lacklustre spring market will continue. The Canadian …

Are shorter mortgage amortizations always better? In some cases, no

2014-05-21

Robert McLister Other For years we’ve been taught that shorter mortgage amortizations are better. Most people in the mortgage business don’t challenge this premise and certain lenders preach it as gospel. Consider this recent st…

Interest hot for Canadian hotel properties

2014-05-20

JOEL SCHLESINGER Other Regina ’s Hotel Saskatchewan may not have the chateau-style architecture of its sister hotels built across Canada by Canadian Pacific Railway in the late 19th and early 20th centuries, such as the Banff Springs …

City Living: A walk down the Arbutus Corridor

2014-05-20

Gardens, party zones and train buffs found along unused rail line Rebecca Blissett Van. Courier Bramble bushes with stems the size of a child’s wrist strangle the old railway tracks underneath the south side of the Burrard Street brid…

Boomers, Millennials and the Vancouver Real Estate Market

2014-05-17

Susan M Boyce Other Highlights According to a survey of 3,007 people in the Rennie Marketing database, location, price, proximity to transit, and building amenities are the top four drivers in first time buyer’s purchase decision . Gr…

Lanyard's Jumbo Residential Loan Program

2014-05-16

Other As news broke earlier this month of CMHC's exit from the Insured Stated Income and Second Home Programs, it left many brokers scratching their heads with what to do with these clients.   Lucky for them, Lanyard's Jumbo Residentia…

Real estate near Vancouver’s new transit line is on track for a boom

2014-05-16

Kerry Gold Other As the date for the Evergreen Line launch grows nearer, Coquitlam and Port Moody are increasingly becoming affordable and convenient home buying options for Vancouver buyers. The new rapid transit line, which will link to t…

Bob Rennie at Urban Development Institute addresses future of Vancouver housing market

2014-05-16

“Greater Vancouver’s over-55 demographic is sitting on $163.4 billion in clear title housing. What will be the impact of $163.4 billion in equity in the hands of an aging population in our marketplace?" Mike Chisholm Other In a …

Wealth transfer to Generation Y key to understanding future real estate trends

2014-05-16

Glen Korstrom Other Real estate demand from Generation Y, or those aged between 14 and 34 years old, is fuelled primarily by loans from parents and grandparents and will combine with other societal changes to alter what real estate is in de…

Council approves Marpole rezoning amendments

2014-05-15

Residents say pushy realtors are badgering elderly homeowners to sell their houses Stanley Tromp Van. Courier Despite residents speaking out against overcrowding, more traffic and pricier housing, city council voted unanimously last Wednesd…

Legg Residence could be moved

2014-05-15

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Realtor Bob Rennie Delivers Provocative UDI Speech

2014-05-15

Rennie praises Burnaby and pans David Suzuki in his annual keynote speech to Vancouver's development community Matt O'Grady Other Each year for the past decade, Vancouver’s über condo marketer Bob Rennie has delivered the keynote…

Home prices showing ‘early signs of accelerating’

2014-05-14

Tara Perkins Other Canadian home prices appear to be picking up a little steam. The gains come even after a sluggish winter for home sales, and forecasts from a number of economists for price growth to peter out. Teranet-National Bank&rsquo…

Vancouver house prices hit new high in April

2014-05-14

Tyler Orton Other Metro Vancouver house prices are up from March to April, making it the only Canadian city whose prices have gone up 12 months consecutively, according to the Teranet –National Bank Composite House Price Index. The da…

Home prices showing ‘early signs of accelerating’

2014-05-14

Tara Perkins Other Canadian home prices appear to be picking up a little steam. The gains come even after a sluggish winter for home sales, and forecasts from a number of economists for price growth to peter out. Teranet -National Bank&rsqu…

Ontario the land of our fathers and not much else - 300 billion on debt – check your pockets son.

2014-05-13

Other he people of Canada are going to find out pretty soon whether the folks in Ontario want to keep being our most important Province or our first Province who can't pay their bills in the next decade. Heading toward 300 billion of debt w…

s the US real estate market a bubble ready to pop? a Canadian investor’s perspective

2014-05-13

Is the party over? Joe Rickards Other The media is saying the US real estate party is over. We’ve missed the boat. We’re too late to cash in on the market recovery. In reality, that couldn’t be farther from the truth. I&rs…

Is Vancouver becoming a city of renters?

2014-05-13

Residents worry home ownership slipping away Mike Howell Van. Courier The question is one Vision Vancouver Coun . Geoff Meggs hears a lot: Is it time to declare the future of housing for most people in the city will be rental? It’s a …

CP ‘explores options’ on Arbutus line

2014-05-08

CP stopped using line in 2001 Naoibh O'Connor Van. Courier Residents along the Arbutus Corridor are being told access will be affected as Canadian Pacific clears brush and surveys the land along its abandoned 9.5-kilometre rail track. CP ha…

Mexico - Third Largest Real Estate Market in the World

2014-05-07

The AMPI International Summit, “AIRES” will be held on June 12-15, 2014 and will highlight market opportunities, resort communities and connect with key Mexico destinations for international investment. Other Puerto Vallarta , J…

Yaletowners want development at Emery Barnes Park Be quashed

2014-05-07

Bob Mackin Van. Courier A Yaletown citizens group has gone to court to challenge a controversial development that stems from a land swap near Emery Barnes Park. Community Association of New Yaletown , a 1996-established society, filed a B.C…