Real Estate News & Articles

Vancouver Developer Acquires Reputable Alberta Business for $200 Million

2014-03-07

Other Vancouver Developer Acquires Reputable Alberta Business for 200 Million VANCOUVER , BRITISH COLUMBIA, Mar 7, 2014 ( Menafn - Marketwired via COMTEX) --Anthem Properties Group has acquired Calgary based United Communities. United Commu…

Canada’s overheated housing market could boost apartment construction, brokerage says

2014-03-07

Garry Marr Other Could developers faced with a glut of condominiums turn to apartments? Real estate brokerage Rock Advisors Inc. is predicting that the number of purpose-built apartments will grow in 2014 as developers look elsewhere for in…

$200 million office tower planned for Vancouver

2014-03-06

Other Credit Suisse, one of the top 10 largest private real estate investors in the world, soon will break ground on a $200-million LEED Platinum office tower in Vancouver. “Normally, we would invest in a fully developed, leased prope…

Bank of Canada Interest Rate Announcement - March 5, 2014

2014-03-05

Other The Bank of Canada announced this morning that it is maintaining its target for the overnight rate at 1 per cent. In its accompanying statement, the Bank noted that the economy is preceding largely on the path the Bank projected in it…

Canadian home sales defy expectations

2014-03-05

TARA PERKINS Other Sales of existing homes in the Greater Toronto Area nudged up 2.1 per cent in February compared with a year earlier, while prices continued to climb. The latest data from the country’s most populous city, as well as…

Billion-dollar plan proposed for Vancouver's Downtown Eastside

2014-03-05

Mike Howell Other The Downtown Eastside is expected to get a massive facelift over the next 30 years that will see thousands of new social housing units, more business spaces and a tree-lined East Hastings Street. But the $1 billion cost of…

How lower interest rates are making variable mortgages more tempting

2014-03-04

Garry Marr Other Consumers facing record housing prices are probably increasingly tempted to go with a floating rate mortgage and all the risks that come with an interest rate linked to prime. The qualifying rate is based on an average of t…

Vancouver and Calgary home sales still climbing with prices up

2014-03-04

Garry Marr Other Sales in Canada’s most expensive housing market were up sharply from a year ago and prices also continue to rise. The Real Estate Board of Greater Vancouver said 2,530 homes were sold in February, a 40.8% increase fro…

Vancouver real estate prices break records

2014-03-04

BRENT JANG Other The million-dollar club isn’t so exclusive in Greater Vancouver, where the average price for single-family detached houses sold has soared to a record high of more than $1.36-million. Prices surged as total residentia…

Provincial cutbacks hit office market

2014-03-04

Other Cutbacks by the provincial government have driven Victoria’s office vacancies to record levels and are adding to the glut of space in downtown Vancouver, commercial real estate agents and property managers confirm. “The am…

End of "millionaire visas" has zero effect on housing

2014-03-01

Frank O'Brien Other Download Document

Vancouver's Burrard Street hosts the west's most costly office space

2014-03-01

Most expensive streets Other Download Document

Sububan office developers struggle to turn around high vacancy rates

2014-03-01

Going dark in the 'burbs Glen Korstrom Other Download Document

Bringing in a "money partner" can help build your real estate portfolio into a winner

2014-03-01

Joint Ventures Din Campbell Other Download Document

Mortgage costs set to rise as CMHC leads premium hike

2014-02-28

TARA PERKINS Other Canada Mortgage and Housing Corp. has raised mortgage insurance premiums for the first time since the 1990s, and signalled more hikes could be on the way. The increases, which will apply to policies that are obtained from…

CMHC’s move to hike mortgage insurance premiums prompts competitors to follow

2014-02-28

Garry Marr Other The cost of mortgage default insurance is about to go up for most consumers after competitors moved quickly to follow Canada Mortgage and Housing Corp.’s decision to raise premiums. At the top end of the market for so…

Canvas at Great Northern Way and Thornton Street 209 condos in two buildings by Onni

2014-02-26

Old Finning property emerging as Vancouver’s newest neighbourhood Charlie Smith Other These days, many real-estate developers like marketing their properties on the strength of the surrounding neighbourhoods. So it shouldn’t com…

Vancouver Cost of Living Remains High

2014-02-26

Two studies out this week paint a picture of a city and a province living beyond its means Matt O'Grady Other While the RBC Economics Research study , released Monday, indicated that B.C.’s housing affordability had improved in the th…

Vancouver extends building bylaw deadline

2014-02-24

Other Implementation of the City of Vancouver Building Bylaw – which will ban doorknobs and usher in some of the toughest energy requirements in Canada – has been postponed from March 2014 until July 1 2014, according to Mark Ha…

Vancouver luxury market expected to feel the pinch

2014-02-21

KERRY GOLD Other The party might be over for Vancouver’s high-end luxury housing market, according to an immigration lawyer who’s studying the impact of Canada’s investor program - and more importantly, what will happen no…

How to Buy a Home Before It's Built: Pre-Sale Tips

2014-02-20

Theresa Borsman The Vancouver Sun Thinking of buying a pre-sale condo? You might be tempted by the tantalizing array of pre-sale development units available in the Lower Mainland, some with attractive incentives. (Just check out our Develop…

Vancouver Real Estate Forum took place Feb. 20

2014-02-19

Other Real estate is a hot topic across Canada, but nowhere does it generate the type of lively discussion as it does in Vancouver. Vancouver is considered one of the most valuable real estate markets in the country. Thanks to its gorgeous …

Even real estate consultants hate condo towers: Eco-density discussion in Grandview

2014-02-19

If you think an urban planning professor hates condo towers, wait 'til you hear the professional real estate consultant. Patrick Condon and Richard Wozny lay a compelling case against Vancouver's condo tower craze. Jordan Yerman Other Well,…

Vancouver Real Estate: World Housing Uses One-For-One Model

2014-02-18

Other You've probably heard of the TOMS one-for-one model , where buying a pair of shoes for yourself results in a pair of shoes being donated to a child in a developing country. But what if someone told you the same thing could be applied …