Real Estate News & Articles

Investors need to know before putting resources on gaming GameStops

2021-01-27

'You will lose your money very, very quickly': What investors need to know about GameStop's stock surge Alicia Adamczyk other Average Joe investors, coordinated on Reddit, have roughly quadrupled the stock price of the struggling video game…

BCREA sales forecast for 2021, 15 percent higher than 2020

2021-01-26

2021 home sales will rival 2016 boom year, says B.C. Real Estate Association https://rem.ax/2MgyIb1 The Vancouver Sun   The market for single-family detached houses is so hot in Metro Vancouver that a realtor booked 130 tours of a Clov…

Home prices expect to fall but crash isn't on the card

2021-01-26

How likely is a Canadian real estate crash in 2021? Clayton Jarvis Mortgage Broker News Ah, the Canadian housing crash. Always just around the corner, yet never seeming to materialize. People write and talk about the derailing of the real e…

Top Five Cities in Canada's unaffordable for homebuyers

2021-01-26

These are Canada's most unaffordable cities for homebuyers Duffie Osental Mortgage Broker News Housing markets across Canada have grown exponentially more expensive over the last 10 years, placing homeowners under an increasing amount of fi…

190-acre residential development in Kelowna, sold for $22 million

2021-01-25

$22 million land sale sets record in Kelowna Frank O'Brien Western Investor A Manitoba buyer has made history with the $22 million purchase of a 190-acre residential development site in the hills above Kelowna in the central Okanagan. The l…

$15 million secured funds led by former DoorDash execs on a property management business

2021-01-25

Property management startup led by former DoorDash execs raises $15 million Kelsey Pudloski Livabl

Learn about Speculation and Vacancy Tax

2021-01-22

Speculation and Vacancy Tax Staff other

Over 2000 Active Listings for Condo Apartments for Sale, over 172% of Supply at the End of 2020 Compared to 2019 - City of Toronto

2021-01-21

City of Toronto Had Nearly 2,000 More Condo Apartments For Sale at the End of 2020 Compared to 2019 Janine Rane other Changing lifestyle priorities in the face of COVID-19, coupled with historically low interest rates resulted in a record b…

Vancouver 2 years in a row ranked world?s second least affordable housing market

2021-01-21

Vancouver ranked world's second-least affordable housing market?again Alissa Thibault other

Real estate home sales increase up to 67 percent in first half of January 2021, Vancouver

2021-01-20

Vancouver home sales soar 67% in January?s first half Sean MacKay Livabl The Vancouver region housing market shattered a sales record in December to cap off an incredible rebound in the second half of 2020. Moving into the first month of a …

GTA condo sales jump 90% in first two weeks of January

2021-01-19

Condo market is up with sales surging 90% y-o-y on the MLS on the first two weeks of January 2021 Neil Sharma Canadian Real Estate Wealth

ATM machines being used to wash drug money are devoid of any evidence - Pres. of ATM Industry Association

2021-01-19

Ian Mulgrew: Fear-mongering at the money-laundering inquiry Ian Mulgrew The Vancouver Sun Opinion: President of the ATM Industry Association says RCMP report and testimony claiming ‘white-label’ ATM machines being used extensive…

Ontario Real Estate developments in 2020

2021-01-18

Top Ontario real estate developments in 2020 Mark Weisleder other So many of us are happy to put the year 2020 behind us and look forward to a better 2021. Still, there were positive developments in the real estate industry in 2020 that we …

The latest housing boom has also driven eye-popping price increases in areas that remain affordable

2021-01-16

Pandemic housing boom means affordability is no longer just a big-city problem Erica Alini The Vancouver Sun

7.25 acre high demand housing market with ocean view residential development on Alder Avenue, in Port Edward

2021-01-15

Ocean-view residential development near Port of Prince Rupert looking for investors WI Staff Western Investor Photo via District of Port Edward — District of Port Edward   The District of Port Edward has recently released a Reque…

Housing experts doubt that the tax has had much effect on either the rental market or affordability

2021-01-12

Speculation tax a failure, critics contend Andrew Duffy Western Investor

Housing experts doubt that the tax has had much effect on either the rental market or affordability

2021-01-12

Speculation tax a failure, critics contend Andrew Duffy Western Investor

Townhouses has become more trendy since the pandemic sparked desire in people for more space

2021-01-12

Renewed interest in townhouses may solve missing middle Neil Sharma Canadian Real Estate Wealth

B.C. speculation tax and vacancy tax has not met goals of reduce urban home prices

2021-01-12

Speculation tax a failure, critics contend Andrew Duffy &Wl Staff Western Investor — House prices in Metro Vancouver have increase 10.2 per cent in the last year. | WI files While popular  – and profitable for the provincia…

1.32 acres located at 3210 Lake City Way, Burnaby, B.C sold for $12.25 million

2021-01-11

Burnaby industrial site worth $9.3 million per acre Macdonald Commercial Western Investor Type of property: Industrial Location: 3210 Lake City Way, Burnaby, B.C. Size of property: 38,208 square feet Land size: 57,456 square feet Land size,…

2021 multi-family deal of the year by InterRent, Crestpoint pay $292.5M in Vancouver

2021-01-11

InterRent, Crestpoint pay $292.5M in Vancouver rental deal Frank O'Brien Western Investor

B.C Government administer the grant for homeowner and sets this year's threshold at $1.625M

2021-01-06

Province will administer all homeowner grants and sets this year's threshold at $1.625M Tiffany Crawford The Province The B.C. government is taking over administration of homeowner grants from municipalities, and announced Tuesday that this…

REBGV, B.C year ending sales report shows that home sales were strong

2021-01-06

December home sales surprisingly up Tiffany Crawford The Province

Let's take a look with regards forecast buying and selling for Canadian real estate in 2021

2021-01-05

Buying or selling - key projections for Canadian real estate in 2021 Clayton Jarvis Mortgage Broker News