Real Estate News & Articles

Plenty to consider before re-opening shared facilities

2020-06-04

The absolute first priority in opening shared facilities is the safety of residents Tony Gioventu The Province Dear Tony: Our strata corporation share’s a central community facility with five other properties. There is a club house fo…

Horizon 21 at 218 Blue Mountain Street Coquitlam 150 homes in a 21 storey tower by Centred Developments

2020-06-04

Centred Development launches Horizon 21, a 150-unit tower in growing Coquitlam neighbourhood Simon Briault The Province The COVID-19 pandemic may have choked off much economic activity in the Lower Mainland, but the developers behind a new …

New CMHC Rule changes in effect July 1st!

2020-06-04

CMHC is changing its underwriting policies for insured mortgages other The COVID-19 pandemic is affecting all sectors of Canada’s economy, including housing. Job losses, business closures and a drop in immigration are adversely impact…

Why landlords are not applying to the commercial rent relief program

2020-06-04

CECRA program relies on both parties to work together Natalka Falcomer REM The most critical element you need to get a “good deal” is integrity. And this element is playing an even more critical role as I assist landlords and te…

The Eventide 1460 Bute 3 Luxury Rental homes by Stanley Dee

2020-06-04

Vancouver most luxurious rental homes in limbo Frank O'Brien Western Investor Perhaps the three most luxurious rental homes in Vancouver completed this month but remain in limbo due, the developer says, to a unique lease arrangement and a p…

Toronto Home Sales Rise 55% Since April, Average Price Down 5% From February: TRREB

2020-06-03

Toronto Regional Real Estate Board shows sales improved across the region other As home buyers, sellers and the real estate industry at-large adjust to new market conditions and health and safety measures under the COVID-19 emergency, new d…

Toronto Home Sales Rise 55% Since April, Average Price Down 5% From February: TRREB

2020-06-03

Toronto Regional Real Estate Board shows sales improved across the region other As home buyers, sellers and the real estate industry at-large adjust to new market conditions and health and safety measures under the COVID-19 emergency, new d…

Fraser Valley market shows robust month-over-month recovery

2020-06-03

FVREB indicated a notable recovery in May Ephraim Vecina Canadian Real Estate Wealth Fresh data from the Fraser Valley Real Estate Board (FVREB) indicated that the region’s property sales and listings have showed notable recovery in M…

COMMERCIAL ACTIVITY NOSEDIVES IN 2020 Q1

2020-06-02

The BCREA Commercial Leading Indicator (CLI) was down sharply BCREA The BCREA Commercial Leading Indicator (CLI) was down sharply in the first quarter of 2020 from 134.2 to 123.2, reflecting the slowdown prompted by the COVID-19 pandemic. C…

Surrey 1008A Land Development going forward in Anniedale-Tynehead - will bring 120K new residents - land selling at $2.6M+ an Acre

2020-06-02

Surrey 150 acres acquired by Beech Westgard one of B.C. largest land plays Frank O'Brien Western Investor This January the City of Surrey’s planned $3.1billion Surrey-Langley SkyTrain extension received the support of Metro Vancouver …

The Sentinel 200 Klahanie Court West Vancouver selling out fast

2020-06-02

West Van condo tower sees fast sales during pandemic Frank O'Brien Western Investor Launched in the teeth of a pandemic, a new 122-unit luxury condominium tower in West Vancouver has pre-sold 54 condos in the last month, including a $6 mill…

B.C. bans evictions by commercial landlords who refuse rent assistance

2020-06-02

Business leaders hail eviction ban Rob Shaw The Province VICTORIA — Commercial landlords that refuse to apply for the federal assistance program to give their tenants a break on rent will be forbidden from evicting those tenants for a…

Selling Sunset does not shortchange on drama

2020-06-02

Ranking the new season?s kerfuffles from worst to first SONIA RAO The Province Selling Sunset is the reality series centred on West Hollywood’s Oppenheim Group, a real estate brokerage employing the sort of agents who might accidental…

May home sales dip 44% compared to last year

2020-06-02

Vancouver homes sales fall 44% in May, but prices are high as ever Bloomberg Home sales in the Greater Vancouver area continued their steep year-over-year drop last month amid confinement measures and physical distancing requirements relate…

Buyers inquiries flourishing despite pressure from COVID-19 - RE/MAX of western Canada

2020-06-01

Purchase inquiries flourishing despite pressure from COVID-19 - RE/MAX Ephraim Vecina Mortgage Broker News Despite the widespread mobility restrictions brought about by the coronavirus outbreak, the frequency of homebuying inquiries has gon…

Metro down, but not out, for China

2020-05-29

China's real-estate investors down on Vancouver, but not out Douglas Todd The Vancouver Sun Huawei CEO Meng Wenghzou must stay under mansion arrest following this week’s court decision in Vancouver. China’s authorities rage, whi…

Addressing the challenges of electronic AGMs

2020-05-28

Addressing the challenges of electronic meetings Tony Gioventu The Province Dear Tony: What happens when an owner attempts to attend a general meeting that was issued as a proxy-only meeting for our annual general meeting? Because our strat…

50 Electronic Avenue at 50 Electronic Avenue Port Moody 220 homes in the Phase 2 wood frame building by Panatch Group

2020-05-28

Panatch Group launches second phase of Port Moody's 50 Electronic Avenue Michael Bernard The Province It is every developer’s nightmare. You have everything in place for your opening day, and then your plans are dashed by an event com…

CMHC offers dire predictions for house-price drops in B.C.

2020-05-28

Dire predictions for house-price drops Joanne Lee-Young The Province Canada’s national housing agency is continuing its grim forecasts for how hard the COVID-19 pandemic will hit home sales, prices and construction, including sharp dr…

A labour shortage amid record joblessness

2020-05-28

Labour shortage amid Depression-level unemployment Tom Blackwell The Vancouver Sun When Johnny Tzouvelakos and his partner at LaSalle Drive-in decided to provide free meals to hospitals across Montreal during the pandemic, he was heartened …

This is the death knell for Hong Kong make no mistake of it

2020-05-28

West opposes China's move Jessie Pang and Yew Lun Tian The Vancouver Sun Canada , the United States, United Kingdom and Australia scolded China on Thursday for moving ahead with a proposal for a new security law China’s parliament app…

Borrowing, homebuying in Toronto to accelerate after COVID-19 - Ispsos

2020-05-28

A survey indicates buyers waiting for the end of the pandemic Ephraim Vecina Mortgage Broker News The results of a recent Ipsos survey suggested that accelerated borrowing and home-purchasing activity is just waiting in the wings to pounce …

How technology can help your business during and after COVID-19

2020-05-28

How agents can best serve their clients during and after the pandemic Evelyn Anders REM With public health safety measures in effect across the country, real estate agents have been quick to find innovative ways to serve clients who need to…

The MLS HPI is the most advanced and accurate tool to gauge a neighborhood's home price levels and trends

2020-05-28

MLS Home Price Index Expanding other The MLS ® Home Price Index (HPI) will soon offer coverage from coast-to-coast. The MLS ® HPI is the most advanced and accurate tool to gauge a neighborhood’s home price levels and trends. T…