Real Estate News & Articles

Newly appointed CEO and President was announced by TD bank company

2021-06-24

TD names president and CEO of key unit Fergal McAlinden Mortgage Broker News Toronto-Dominion Bank has announced that the company’s chief financial officer Riaz Ahmed will take over as president and chief executive officer of TD Secur…

91-suite condominium located at 471 East Broadway Vancouver

2021-06-23

Register for The Saint George, now previewing in Mount Pleasant Reliance Properties Livabl   The Saint George is a boutique, 91-suite condominium coming soon to 471 East Broadway in Vancouver’s coveted Mount Pleasant neighbourhoo…

Metchosin homes sets new record as the highest selling price in Victoria

2021-06-22

$12 million sale sets housing record in Victoria Carla Wilson Western Investor Waterfront house on 67 acres in Metchosin achieves the highest selling price on Greater Victoria’s multiple listing service Waterfront house on 67 acres in…

130,000 square foot bio-tech facility will rise on the 900-block of Evans avenue

2021-06-22

Vancouver lands giant bio-tech facility Tyler Orton Western Investor AbCellera Biologics Inc. expands its footprint in Vancouver after selecting a site in the city’s east side for a manufacturing plant worth up to $250 million, AbCell…

Less traffic more business ventures

2021-06-18

Tunnel will ease traffic stress during SkyTrain construction Nelson Bennett Western Investor Tunnel being bored beneath Vancouver’s Broadway will lessen business disruptions during subway extension work Tunnel boring was used for part…

Securing Land boundary for better future where your piece of paradise begins and ends

2021-06-18

Rural real estate buyers: check your boundary survey Freddy Marks Western Investor A professional property boundary survey is money well spent when purchasing B.C. recreational property Realtor Freddy Marks is a Fraser Valley-based speciali…

50-storey towers with a commercial space area located at Coquitlam City Centre

2021-06-17

Coquitlam mega-build bid includes 50-storey towers Janis Cleugh Western Investor Proposed development would add 4,000 new homes, a hotel and convention centre, office and retail space and about $150 million for city fees and amenities Giant…

Vancouver retained as the highest rent status in Canada during pandemic

2021-06-17

Vancouver rents rise to remain highest in Canada WI Staff Western Investor Two-bedroom rentals were up 7.7 per cent in May from a month earlier to $2,760 per month - and rents now average $3.04 per square foot   Two-bedroom rentals wer…

.49 acres hotel sells for $61.95 Million located at 427 East Hastings Street, Vancouver

2021-06-17

195-room Patricia Hotel and parking lot sells for $61.95 million Corbel Commercial Inc. Western Investor East Hastings Street hotel in Vancouver eyed for repurposing and potential development for social housing Property type: Hotel Location…

6,997 square feet sells for $1.57 Million Located at 33761 Essendale Avenue Abbotsford BC

2021-06-17

Downton Abbotsford retail corner site sells for $1.57 million Frontline Real State Services Western Investor The 6,977 square foot retail building has “exceptional exposure and retail frontage” in the historic downtown area of A…

6,997 square feet sells for $1.57 Million Located at 33761 Essendale Avenue Abbotsford BC

2021-06-17

Downton Abbotsford retail corner site sells for $1.57 million Frontline Real State Services Western Investor

6,997 square feet sells for $1.57 Million Located at 33761 Essendale Avenue Abbotsford BC

2021-06-17

Downton Abbotsford retail corner site sells for $1.57 million Frontline Real State Services Western Investor

6,997 square feet sells for $1.57 Million Located at 33761 Essendale Avenue Abbotsford BC

2021-06-17

Downton Abbotsford retail corner site sells for $1.57 million Frontline Real State Services Western Investor

6,997 square feet sells for $1.57 Million Located at 33761 Essendale Avenue Abbotsford BC

2021-06-17

Downton Abbotsford retail corner site sells for $1.57 million Frontline Real State Services Western Investor The 6,977 square foot retail building has “exceptional exposure and retail frontage” in the historic downtown area of A…

Condo price increase is quite convincing despite pandemic bubble

2021-06-16

Condo prices see a significant spike in the GTA Ephraim Vecina Mortgage Broker News Condo prices in the Greater Toronto Area have grown by 44% since the 2017 housing peak, a trend that is in line with the opinion of nearly half of mortgage …

Intensified multi-family market activity pushed Canadian housing starts higher in with an average of Canadian housing starts was 280,779 units

2021-06-16

CMHC on what pushed housing starts higher last month Ephraim Vecina Mortgage Broker News Intensified multi-family market activity pushed Canadian housing starts higher in May compared to previous months, according to the Canada Mortgage and…

Inflation increase with the fastest annual gain of 3.6% since May 2011

2021-06-16

Inflation Jumps to 3.6% in Canada, Its Highest Since 2011 Shelly Hagan Bloomberg Inflation in Canada accelerated to its highest level in a decade, in what policy makers are saying will only be a temporary run-up in prices. Consumer prices w…

Home sales down more than 7% as pandemic continues

2021-06-16

Fatigued and frustrated buyers mean home sales slowed again in May: CREA Sean MacKay Livabl Some buyers have had enough of the relentless pace of Canada’s housing market and this frustration is showing up in the market activity data p…

Opportunity knock in Toronto developer due to the demand of growing population

2021-06-15

Toronto developer looking to establish large-scale rental portfolio Ephraim Vecina Mortgage Broker News Amid the already dangerously low supply of housing in the market, a Toronto condo developer is reportedly buying hundreds of detached ho…

Canadian home sales fell 7.4% in May compared from the previous month

2021-06-15

Canadian home sales, prices drop from the month before amid buyer fatigue Julie Gordon other Home sales fall 7.4% in May from April, while the average selling price was down 1.1% Canadian home sales fell 7.4 per cent in May from April, whil…

Retail assets saw continued strong performance in Q1 2021 with 79 percent increase compared to Q1 2020 amidst pandemic

2021-06-14

Metro Vancouver commercial sales hit $2.7 billion in Q1 WI Staff Western Investor Multi-family sales led the pace, but the $103 million dollar sale of MEC’s former headquarters also kept Vancouver the No. 1 investment market in Canada…

0.53 acres sells for $3.05 Million located at Salisbury Avenue, Port Coquitlam

2021-06-10

Port Coquitlam development site on 0.53 acres sells for $3.05 million Frontline Real State Western Investor Designated for residential development, and now under third reading, the 23,336-square-foot lot could accommodate nine townhouses Pr…

Canadian home prices average projected to be increase of 5% in the next half year

2021-06-10

What's happening with house price growth in Canada? Ephraim Vecina Mortgage Broker News Canadian home prices are likely to grow by an average of 5% in the next half-year or so, but, surprisingly, the largest gains will not be in Toronto, no…

GTA continue to buck down in home sales due to pandemic

2021-06-03

GTA Home Sales Continue to Drop in May: TRREB Report Penelope Graham other   If there’s one thing housing experts can agree on, it’s that the 2021 real estate market has been anything but typical – and the May numbers…