Real Estate News & Articles

The building remains vacant after the occupancy permit was revoked

2021-07-12

Centurion sues over vacant Langford rental building Roxanne Egan-Elliott Western Investor   The 11-storey multi-family rental tower vacant since December 2019 when the city revoked its occupancy permit after Centurion Properties had bo…

New series of modern homes that will bring a sumptuous experience

2021-07-09

Clive at Collingwood provides neighborhood transit and amenities at your doorstep Livabl Staff other A new series of modern homes will connect future residents to the sought-after amenities and conveniences of Vancouver’s Collingwood …

Pure Sunfarms is expanding its growing space to 2.2 million square feet as its fast demand

2021-07-08

B.C. bud spurs Delta cannabis grower's growth Sandor Gyarmati Western Investor Pure Sunfarms prepares to double annual shipments to 150,000 kilograms to meet demand from customers across the country and beyond Pure Sunfarms is doubling its …

100 units sells in two-day row mend in the heart of Vancouver after pre selling event

2021-07-07

Condo presales bounce back in downtown Vancouver Frank O'Brien Western Investor After a three-year tax-induced slump, condo presales and new condo towers are rising again in the heart of Vancouver After a three-year tax-induced slump, condo…

Concealing their business back to phase hit by pandemic

2021-07-07

Chinatown businesses battle back Chuck Chiang Western Investor Resilient Vancouver community aims to clean up and pivot from a pandemic-induced ‘tipping point’ Food markets open longer as shoppers, visitors filter back into Vanc…

0.18 acres industrial site sells for $4.2 Million located at 1484 Rupert Street, North Vancouver, B.C.

2021-07-07

North Vancouver industrial site sells for $3.97 million Avison Young Western Investor   The site covers 0.18 acres and holds a 6,524-square-foot light industrial building in the Lynn Creek area. Property type: Industrial   Lo…

Vancouver downtown achieved outstanding sales in their major comeback

2021-07-07

Nearly half of the condos in future downtown Vancouver tower sold in first two days Kenneth Chan other   Artistic rendering of Two Burrard Place at 1261 Hornby Street, Vancouver. (Reliance Properties) Is the condominium market in downt…

9.1% is the largest fall in Canadas home sales as pandemic crisis still in the phase

2021-07-06

Toronto home sales hit lowest point in a year Ari Altstedter Mortgage Broker News Toronto saw the lowest number of homes trade hands in a year in June as the pandemic-fuelled demand that drove the market to record highs starts to fade with …

Sales volume of Real Estate experiencing Slight moderation

2021-07-06

The GTA Market is Moderating from Record-Breaking to Robust: TRREB Rachel Rehkopf other Sales volume of Real Estate experiencing Slight moderation The GTA Market is Moderating from Record-Breaking to Robust: TRREB The June numbers from the …

Surrey couple was awarded over $4,000 by B.C. court

2021-07-06

Surrey condo strata ordered to pay owners over $4,000 because it failed to investigate smoking complaints Susan Lazaruk The Vancouver Sun Civil resolution tribunal found that because one of the owners had a disability made worse by second-h…

Would first time home buyers give up a slice of share in their purchase?

2021-07-05

First-time buyers not into sharing Frank O'Brien Western Investor   Novice homebuyers reject government assistance tied to a slice of the potential profit Average Canadian home prices have increased 24 per cent in the past year. | Darr…

0.89 acres land sells for $4.15 Million located at 46539 Yale Road, Chilliwack, B.C.

2021-07-01

Chilliwack 0.89-acre land assembly fetches $4.15 million Frontline Real State Services Western Investor The Yale Road land is under third reading for a development of a proposed 72-unit residential condominium project   Frontline Real …

1.22 acres commercial sells for $5.5 Million located at 45676 Yale Road, Chilliwack, B.C.

2021-07-01

Chilliwack five-unit commercial complex sells for $5.5 million NAI Commercial Western Investor Commercial center has 21,651 square feet, including a mezzanine, on a 1.22-acre site. Property type: Commercial Location: 45676 Yale Road, Chilli…

The average of down payment in B.C. homebuyer puts down into 22.45% in the Q1 of 2021

2021-06-29

Average B.C. homebuyer puts down $159,762 Wl Staff Western Investor Down payments are more than $100,000 higher than in Quebec, where buyers paid the lowest level in the country, new study shows – Chart courtesy of LowestRates.ca Down…

Multi-Million investment for funding housing space for homeless residence in Vancouver

2021-06-29

Feds, CMHC announce investment in Vancouver Indigenous housing Ephraim Vecina Mortgage Broker News

Multi-Million investment for funding housing space for homeless residence in Vancouver

2021-06-29

Feds, CMHC announce investment in Vancouver Indigenous housing Ephraim Vecina Mortgage Broker News   The federal government, together with the Canada Mortgage and Housing Corporation, has announced a new multi-million investment with t…

Will Canadian housing market prices go up or down?

2021-06-29

What will happen next with Canada house prices? Fergal McAlinden Mortgage Broker News With the rate of homebuying in Canada cooling in recent weeks and house prices having declined nationally for two consecutive months, there’s been m…

Average prices are up to 29.4% even the pandemic hammered in 2020

2021-06-28

Kelowna takes building boom to next level Frank O'Brien Western Investor Building permits average $200 million a month and housing sales are up 253 per cent from 2020 as Okanagan city shifts into development overdrive Building permits avera…

Canadian Podcast that educate and entertain more about Canadian real estate market

2021-06-28

5 Canadian Real Estate Podcasts You Need to Listen To Justin Kerby REW

Canadian Podcasts that educate and entertain more about Canadian real estate market

2021-06-28

5 Canadian Real Estate Podcasts You Need to Listen To Justin Kerby REW   As more Canadians get fully vaccinated, it’s only a matter of time until many workers head back into the office, and with that comes the return of the commu…

Government gives hope to the condo owners that change is coming while they are facing the insurance hikes

2021-06-25

Insurance woes continue for some condo owners, but government and industry promise better days are ahead Lori Culbert The Province The condo insurance crisis began just before the pandemic began. Government and insurance industry action was…

Step-by-step guide to owning a home in Vancouver

2021-06-25

Vancouver First-Time Home Buyer Process: A Step-By-Step Guide West Haven Group REW   At a glance, the home buying process can feel like a daunting or challenging experience, especially for a first-timer. The is here to simplify the pro…

Vancouver offers not much incentives for their tenants as other residential landlords does

2021-06-25

Western landlords dangle incentives Frank O' Brien Western Investor Free rent, gift cards, cash-back among perks offered to many residential tenants in Calgary, Edmonton and Winnipeg – Vancouver not so much Free rent, gift cards, cash…

Legal advise of Co-ownership and mechanism for resolving disputes

2021-06-24

Co-Ownership Agreements: "Till Dispute Do Us Part" #539 Lisa Niro BCREA With the cost of properties continuing to rise in most parts of British Columbia, many people are looking to invest or acquire properties with others. While the co-owne…