Real Estate News & Articles

A remarkable comeback during pandemic as residential prices, rents, and sales escalated faster

2021-10-21

Office real estate may be struggling, but there are bright spots in commercial real estate Murtaza Haider and Stephen Moranis other Industrial real estate has emerged as an unexpected saviour, with leasing volumes rising across Canada With …

Growth in condo market share across the Canadian real estate market in 2021

2021-10-19

Canadian Real Estate Report: 2021 Housing Impacts to Condo Sector RE/MAX Staff other   Staggering gains in detached housing values have sent condominium sales soaring throughout the first eight months of 2021 in major Canadian real est…

CREA and RECO issued a notice about steering to over 93,000 real estate agents

2021-10-15

Real estate agents caught on hidden camera breaking the law, steering buyers from low-commission homes Tiffany Foxcroft other   A CBC Marketplace investigation has found that some real estate agents are breaking the law by steering unw…

Canadians hoping to enter the housing market to homeownership for qualified first-time buyers

2021-10-14

Can the First-Time Home Buyer Incentive be salvaged? Fergal McAlinden other It remains to be seen whether proposed tweaks can revive the much-maligned federal program   On paper, it seemed a welcome break for Canadians hoping to enter …

Discover in Surrey the New Bristol Estate transforming its neighborhood includes 6.27 acre property

2021-10-13

New Bristol Estates in Surrey includes over 2,000 homes Peter Meiszner other The owners of Bristol Estates in Surrey are planning a major redevelopment of the low-rise rental apartment complex, with towers up 48 storeys and over 2,000 new h…

Building ideas to build Multi Family Units on a single lot in the lower mainland

2021-10-12

Michael Geller's Blog Courtney Dickson other   Yesterday,  Vancouver Is Awesome  the Glacier Media 'successor' for  The Vancouver Courier,  the beloved newspaper for which I wrote a regular column for many years, re…

Be vigilant on the growing threat of cybercrime in Real Estate industry

2021-10-08

The growing threat of cybercrime in the mortgage industry Fergal McAlinden other   Cybercrime figures released by Statistics Canada at the end of July made for sobering reading, revealing that the number of cybercrime incidents in the …

Land Assemblies and Orphan Lots, stubborn Sellers will regret it later not selling to the Developer

2021-10-03

Douglas Todd: Vancouver land assemblies come with a range of difficulties Douglas Todd The Vancouver Sun Opinion: Land assemblies are expanding amid debate — not only over homeowners who don't want to sell The detached house looks alm…

Metro Vancouver vacancy rate for industrial space has been fluctuating between 1 and 2% for years

2021-09-27

Investors clamour for Vancouver industrial space, but rising costs pressure businesses Joanne Lee-Young The Vancouver Sun Vacancy in Vancouver's tight industrial property market dropped to an all-time low of 0.5 per cent while the aver…

Metro Vancouver new construction completions ramained stable despite of curveballs the pandemic

2021-09-21

Vancouver new construction completions hold steady Michelle McNally Livabl   Despite all of the curveballs the pandemic has thrown at the real estate industry, new home construction completions in Metro Vancouver have remained stable a…

A rental housing advocate connected evictions to homelessness

2021-09-14

Report finds Vancouver has highest rental eviction rate in the country Kevin Griffin The Vancouver Sun The first-ever national report on evictions found that Vancouver has the highest eviction rate for tenants at 10.5 per cent   Alawye…

Experience the luxurious and premier entertainment destination hotel in Vancouver

2021-09-11

Checking In: Parq and Play Andrew McCredie The Vancouver Sun With two hotels, a casino and access to BC Place, this downtown Vancouver property is ideal for a sporting staycation Game On! That was the predominant vibe in and around the JW M…

Generate real estate leads to a steady string in the business industry in the future

2021-09-09

How to generate more real estate leads REM Staff REM One thing seasoned pros and newbies in our industry have in common is that they are always on the lookout for fresh prospects. Having a lead generation plan is crucial to thrive in real e…

The lowrise development sells for $699 located in 520 West 28th Avenue

2021-09-03

Contemporary design, classic features give Lilibet a high-end esthetic Kathleen Freimond The Vancouver Sun The lowrise development at 520 West 28th Avenue offers one-, two- and three-bedroom garden and townhomes in eight buildings on the si…

Broadway and Granville New 39 Story Drive with Skytrain Below

2021-09-03

Dan Fumano: Broadway's tallest tower pitched through 'exceptional' process Dan Fumano The Vancouver Sun Opinion: Proposed 39-storey rental tower above South Granville subway station would be among Vancouver's tallest buildings. It will like…

235% sales spiked between April 2020 and March 2021 pushing the average home price up by 44%(CREA)

2021-08-25

80% of Canadians Feel Low Interest Rates Harming Affordability Penelope Graham other The COVID-19 pandemic, and the resulting provincial school and economic lockdowns, have been a unique time for the Canadian housing market. As people remai…

Making the home purchasing process more transparent if re-elected | Trudeau

2021-08-24

Trudeau vows ban on foreign buyers Fergal McAlinden other The pledge comes as the debate over affordable housing heats up in the federal election campaign Prime Minister Justin Trudeau has promised to introduce a two-year ban on foreign hom…

The giant project proposed in Senakw development in Vancouver

2021-08-22

A road through Vanier Park? Kits Point resident says people signing up to protest proposal John Mackie The Vancouver Sun   Jeremy Braude in front of a sign for the proposed Senakw development beside the Burrard Bridge in Vancouver, whi…

Vancouver mansion located at 4868 Drummond Drive sold for the listing price of $39.9M

2021-08-20

Ex-student aims for near-record Vancouver mansion deal Graeme Wood other

Vancouver mansion located at 4868 Drummond Drive sold for the listing price of $39.9M

2021-08-20

Ex-student aims for near-record Vancouver mansion deal Graeme Wood other Hanying Chen runs a boutique theatre production company and could set a record sale for a single residential lot sale in Vancouver should negotiations exceed expectati…

1,967 new listing in Greater Vancouver lower than the 2,491 properties onboarded in July

2021-08-19

Active listings in Greater Vancouver continue to drop sharply in August Michelle McNally Livabl Canada’s housing market is currently dealing with a shortage of available properties for sale, including in the Greater Vancouver Area, on…

2.5-acre Chilliwack brownfield site zoned industrial sold for $5.4 million

2021-08-19

Metro industrial supply bogs down in red tape Chuck Chiang Western Investor A staff shortage at municipal counters and rigid provincial rules on building near water slow approval for scarce redevelopment sites There is high demand for brown…

Industrial vacancy rates are falling and demand is rising in Q2 of 2021

2021-08-18

Industrial sector picks up pace across the Prairies WI Staff Western Investor   Speculative development and private investors are back as vacancy rates fall and demand for distribution space increases Hardware giant Lowes has just comp…

Guidelines on what you can do to mitigate risk around insurance

2021-08-18

Home insurance and wildfire season: What you need to know REBGV Staff REBGV BC’s wildfire season is devastating communities across our province this year with nearly 270 fires burning right now. During this crisis, it’s importan…