Real Estate News & Articles

Jack Chow well-known Chinatown figure has died at the age of 90

2021-02-27

Businessman and well-known Chinatown figure Jack Chow dies at 90 CBC Staff CBC Radio   Jack Chow was known for operating his business out of the historic Sam Kee building on Pender Street in Vancouver's Chinatown. (asdf) Jack Chow, kno…

Metro Vancouver more than 4 million office space vacant due to COVID-19

2021-02-26

'Massive' security concerns surround vacant space Frank O'Brien Western Investor — Rod Fram of Transpacific Realty Advisors: empty commercial space must be monitored, | Chung Chow Metro Vancouver has more than four million square feet…

RBC helps Canadian investors explore their investments outside the country

2021-02-26

Low interest rates, favourable exchange turn U.S. into hotspot Neil Sharma Canadian Real Estate Wealth Savvy Canadian real estate investors have, for years now, known about real estate hotspots south of the border, and with the pandemic cat…

Canadians are spending more money on extravagant homes despite of crisis

2021-02-26

Despite pandemic, Canadians spending extravagantly on homes Neil Sharma Canadian Real Estate Wealth Purchasers are spending money on more expensive homes in Canada’s biggest cities and it’s trickling down the ladder, making hous…

The pros and cons of purchasing the upgraded condo building compare to the newly build one

2021-02-26

Upgraded building infrastructure slashes maintenance fees Neil Sharma Canadian Real Estate Wealth Empty nesters transitioning to vertical living often make the mistake of moving into older condominium buildings because the units are bigger …

Does SPACs is ready for a pre - IPO company?

2021-02-26

Tom Bradley: SPACs are being billed as a better way for pre-IPO companies to go public, but better for who? Tom Bradley other   SPACs are mostly a U.S. phenomenon whereby high-profile investment managers, rock star executives and actua…

Cranbook building permit values double in the past year

2021-02-26

Investors are choosing Cranbrook, the Base Camp of the Kootenay's City Of Cranbrook Western Investor   Cranbrook has seen building permit values nearly double in the past year. It has 200 acres of industrial land poised for develo…

Whats the effect of the five year fixed mortgage rates to Canada's economy?

2021-02-25

Are the days of low interest rates coming to an end for Canadian homebuyers? Ephraim Vecina Mortgage Broker News   If the opinions of various observers are to be believed, five-year fixed mortgage rates will likely be on their way up i…

Q1 net income increase compare to previous quarter

2021-02-24

RBC reveals Q1 financial results Ephraim Vecina Mortgage Broker News   Sustained strength is the running theme in Royal Bank of Canada’s (RBC’s) fiscal first quarter results, which show that net income grew by 10% annually …

Metro Vancouver office space vacancy rate facing the highest vacancy rate in years due to pandemic

2021-02-24

Vancouver office space getting spookily quiet Hayley woodin &Frank O'Brien Western Investor — Vancouver downtown office towers. | Chung Chow More office space is expected to come available in what has been one of Canada's tightest and…

BMO has reported as a higher trading revenue in 2021

2021-02-23

BMO reports strong fiscal Q1 Ephraim Vecina Mortgage Broker News Bank of Montreal has reported its financial results for the first quarter of 2021. BMO saw earnings of $3.06 per share, or net income of $2.04 billion significantly outstrippi…

Canada export terminal located at Kitimat salvaged B.C construction pace in 2020

2021-02-22

Major projects salvaged B.C. construction in 2020 WI Staff Western Investor — Metro Vancouver home building has rallied after falling nearly 19 per cent in 2020. - Adera Major resource projects, such as the LNG Canada export terminal …

Condo insurance price in Ontario increase up to 8 percent at the end of 2020

2021-02-22

More bad news for owners of condos in Ontario Clayton Jarvis Mortgage Broker News   If owning a condo property in Ontario wasn’t already hard enough – price per square foot on new builds continues to climb, making one of th…

Zillow's innovative approach to provide a better customer experience in Real Estate market

2021-02-19

The REAL Takeaway From The News Of Zillow Buying ShowingTime Tom Ferry other   Peter Drucker told us many years ago: All business is innovation and marketing. We should know this. We should collectively strive for this. Yet what do we …

2021 industrial real state vacancy rate below 1 percent for the first time - CBRE

2021-02-19

Metro Vancouver industrial vacancy rate flirting with zero Wl Staff Western Investor   — | CBRE The industrial real estate vacancy rate in Metro Vancouver, which is already in the sub-1 per cent level in four municipalities, will…

Less supply high demand in 18 Canadian Cities

2021-02-18

18 Canadian Cities With Below Average Home Prices And Sample Listings Janine Rane The Vancouver Sun According to the latest data from the Canadian Real Estate Association (CREA), housing market conditions across Canada resulted in a new rec…

Metro Vancouver's sales increase of rental properties up to 2.7 percent in 2020 compared 2019

2021-02-18

Sales of Vancouver rental apartments soar as vacancies rise WI Staff Western Investor — Kerrisdale 18-suite rental building sold in January 2021 for $7 million. | Cushman & Wakefield Despite rental vacancies rising to the highest …

Latest home sales results increase 35.2% on a year-over-year basis | CREA

2021-02-18

Here Are Canadian Regions With Below Average Home Prices And The Homes You Can Buy There Jannine Rane other According to the latest data from the Canadian Real Estate Association (CREA), housing market conditions across Canada resulted in a…

Community engagement will define future real estate development

2021-02-17

Community engagement key to real estate development Franck O'Brien Western Investor — Moderator Kirk LaPointe with legends Ryan Beedie, Beau Jarvis and Deana Grinnell. | Western Investor Getting the community onside was a central them…

80 acres redevelopment site located between Cambie and Burrard Street on South shore False Creek - City of Vancouver

2021-02-16

Vancouver eyes future for 80 acres of waterfront Mike Howell Western Investor City-owned land on False Creek represents some of the most prized real estate in Canada, and current leases are winding down — South False Creek waterfront:…

Shangri-la tower strata minutes omits details about the risk and cost of replacing windows

2021-02-12

Strata revises minutes that detailed window failures at Vancouver's Shangri-la tower Jaonna Lee-Young The Province Demand for homes in January was really high in the Fraser Valley, Interior and Vancouver Island regions. Photo by Mike Bell /…

Shangri-la tower strata minutes omits details about the risk and cost of replacing windowsStrata revises minutes that detailed window failures at Vancouver's Shangri-la tower

2021-02-12

Strata revises minutes that detailed window failures at Vancouver's Shangri-la tower Jaonna Lee-Young The Province

The CSA believes that the existing quarantine protocols should remain in place and travellers

2021-02-12

Cannabis CEO sues federal government over decision to 'incarcerate' travellers in quarantine hotels Christopher Nardi other   The lawsuit comes at a time of ongoing debate over the extent at which the government should be able to impos…

Platform developed by Fraction Technologies designed at the refinancing of existing home loans

2021-02-12

No-payment mortgage scheme floated in Vancouver Frank O'Brian Western Investor Instead of monthly payments, the lender takes a percentage of the home’s appreciation under a aimed at the refinancing of existing home loans, not buyers A…