Real Estate News & Articles

Business sectors like tourism, hospitality and management are among the hard-hit businesses that be having difficulty this 2021

2021-03-26

More than half of 'hard-hit' businesses will not survive 2021 Elana Shepert Western Investor — Many pubs and restaurants have already closed.| Chung Chow While many businesses in Vancouver and across Canada closed in the early months …

Canadian home sales MLS system dropped by 2.3% last month compared Q4 2020 - CMHC

2021-03-25

Metro Vancouver real estate market at 'moderate' degree of vulnerability: CMHC Cheryl Chan The Province The Canadian Real Estate Association says Canadian home sales through its multiple listing service system dropped by 2.3 per cent last m…

Metro Vancouver rental apartments increase up to 34% in Q1 2021 despite freeze on rental rates

2021-03-24

B.C. rental builds up despite freeze on rental rates Wl Staff Western Investor   — Telus and Omicron are co-developers on 178-unit Nanaimo rental project. | Omicron British Columbia’s restrictive rental environment, which i…

Company's growth into a mortgage giant from coast to coast by Butler Mortgage

2021-03-24

Butler Mortgage CEO talks new role Fergal McAlinden Mortgage Broker News For Dave Butler (pictured), there are few things more important in business than branding. As CEO of Butler Mortgage, the industry veteran has overseen the company&rsq…

Toni Gravelle provided insight into how the central bank plans to pare back its main government bond purchasing program

2021-03-24

Bank of Canada lays out plans for quantitative easing Shelly Hagan Mortgage Broker News   The Bank of Canada provided the greatest guidance yet into how it plans to slow purchases of government bonds as the economic recovery accelerate…

Proposed $10 billion facility Powell River to reduce Lower Mainland road traffic and Port of Vancouver to supply chain congestion - (JPI)

2021-03-23

New deep-water port pitched for near Powell River, B.C. Glacier Media Western Investor   — Powell River in B.C.’s Jervis Inlet. | Submitted A deep-water port has been proposed for B.C.’s Jervis Inlet aimed at increasi…

The battle of real estate tech platform over Listing Display

2021-03-21

REX Sues Zillow, the NAR Over Listing Display Laura Agadoni other No matter how thin the pancake, it always has two sides. And that sums up the complaint real estate tech platform REX has with Zillow (NASDAQ: ZG) (NASDAQ: Z) over listing di…

$10 million donated by Teck Resources to build an emergency room at new St. Pauls Hospital

2021-03-20

Teck Resources donates $10 million to help build emergency room at new St. Paul's Hospital Tiffany Crawford The Province A rendering of the new St. Paul's Hospital at the False Creek Flats. Teck Resources Limited has donated $10 million to …

1.05-acre industrial land at West Abbotsford sold for $2,988,800

2021-03-19

Abbotsford industrial listings drew 99 calls in first day Frank O'Brien Western Investor — Abbotsford realtor Bob Edwards: “It was nuts."| Submitted Veteran Fraser Valley commercial real estate agent Bob Edwards got a lesson in …

Vancouver hit the highest monthly listing record as of March 15 by REBGV

2021-03-19

Listings avalanche hits March Metro housing market Wl Staff Western Investor   — Greater Vancouver listings and sales on record pace. | Western Investor Early March data shows that homeowners have rushed off the sidelines, pushin…

City Hall rejected a proposed 11-storey condo building across from a subway station for being too tall

2021-03-18

Dan Fumano: At key Kits corner, condos rejected and social housing pitched Dan Fumano The Province Serena Eagland in front of lot at West 8th and Arbutus in Vancouver. Photo by Arlen Redekop /PNG Social housing, market condo development, th…

Zone RT-2 Two Family Residential unit sold for $11.5 million located 4940 & 4958 Main Street, Vancouver

2021-03-18

Main Street 0.42 acres with holding property sells for $11.5 million Goodman Commercial Inc. Western Investor — Goodman Commercial Inc., Vancouver, for Western Investor Property type : Development land Location:  4906, 4924, 4936…

$3.6 million provincial funding to enhance regional airpot infrastructure-B.C's

2021-03-18

Northern B.C. airports share $3.6 million in government funds Tom Summer and Glacier Media Western Investor   — Northern Rockies Airport, Fort Nelson, B.C. | Northern Rockies Airport Nine regional airports across northern B.C. ar…

Vancouver housing market - records keep increasing for the new listings in March 2020

2021-03-18

Vancouver on track to shatter home sales and new listings records in March Sean MacKay Livabl During the same week one year ago, Vancouver’s resale housing market began to freeze as restrictions were rapidly rolled out to battle the f…

16.3 - acre development site sold for $1.88 million located at White Avenue,Mission B.C

2021-03-18

Mission 16.3-acre development site sells for $1.88 millio Homelife Glenayre Realty Western Investor — Homelife Glenayre Realty, Abbotsford, B.C. for Western Investor Property type: Development land Location:  34414 White Avenue, …

Rental prices drop in metropolitan cities but Vancouver city remains number 1 on spots

2021-03-17

In Burnaby, $1,660 a month for a one-bedroom: Rental rates reveal a big-city exodus Shari Kulha The Vancouver Sun Rental rates in Toronto and Vancouver drop dramatically, while Windsor comes on strong. Photo by Ernest Doroszuk/Postmedia Net…

Canadas real estate market is getting stronger - learn how to take advantage on it

2021-03-17

Canada's real estate market is booming-here's how you can take advantage StackCommerce other Photo by Tierra Mallorca /Unsplash Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliat…

Canadian home price continue to increase 0.5 percent in February

2021-03-17

Canadian home price growth accelerates again after 3 months of slowing: Teranet Sean MacKay Livabl

Canadian home price continue to increase 0.5 percent in February

2021-03-17

Canadian home price growth accelerates again after 3 months of slowing: Teranet Sean MacKay Livabl A closely watched Canadian home price index has taken off again following three consecutive months of slower price appreciation. The latest r…

More tips for this generation regarding Mortgage Lending during this pandemic

2021-03-17

A New Era in Mortgage Lending - Winning the Bidding Wars in a Red-Hot Michelle Hopkins REW A booming housing market: The housing market has been on fire during the pandemic, with record-low mortgage rates and a sudden wave of relocations ma…

Vancouver's housing market price increase compared to other metropolitan centers

2021-03-16

Vancouver a piker in home price hikes during COVID-19 Graeme Wood Western Investor   — Vancouver home prices up 2 per cent, while Canadian average is 17 per cent higher. | WI files Vancouver home price hikes during the year-old p…

Metro Vancouver still maintained its spot as the top preferred market by investors

2021-03-16

Surprising surge seen in retail property sales Wl Staff Western Investor — London Plaza, Richmond, sold in December 2020 for $57 million. | Londonplaza.ca A surprising surge in sales of shopping centres and other retail assets late la…

Beedie Group's proposed condo tower vs. City of Vancouver Court of Appeal

2021-03-16

Dan Fumano: Beedie vs. Vancouver ? Developer takes city to B.C.'s top court Dan Fumano The Vancouver Sun   105 Keefer St. as it looks today. It was the site of the Beedie Group's proposed condo tower. The developer is taking City of Va…

Five year fixed mortgage rates beginning to increase - Here's 6 ideas to nail down the lowest rate as possible

2021-03-16

Canada's mortgage rates are rising fast - here's how to secure the lowest rate possible Joseph Czikk The Province This article was created by MoneyWise. Postmedia and MoneyWise may earn an affiliate commission through links on this page. Ho…