Real Estate News & Articles

2019's Most Searched Neighbourhoods in Vancouver and Toronto

2020-02-24

A year's worth of data told us what buyers wanted in 2019 The Vancouver Sun Kitsilano Cloverdale White Rock Mimico Islington-City Centre West Malvern At REW.ca, we looked across 2019 and over 128 million property page views and the results …

Bob Rennie cues builders on B.C.'s 'demographic crunch'

2020-02-21

Climate change, aging population biggest challenges facing the economy Malcolm Parry The Vancouver Sun CRYSTAL BALLING: Realtor Bob Rennie and his Rennie Group’s intelligence VP, Andrew Ramlo, helped Independent Contractors and Busine…

Redfin launches new service aimed at luxury housing market

2020-02-21

Redfin Premier to market luxury homes in the US Steve Randall Mortgage Broker News Redfin has launched a new marketing strategy for homes listed at $1 million or more. "Like Redfin Concierge, the idea for Redfin Premier came from our agents…

Easier Mortgage Stress Test Rate to Come in April

2020-02-20

It?s going to become a bit easier to qualify for a mortgage Penelope Graham other Good news is on the way for those getting into the housing market this spring – it’s going to become a bit easier to qualify for a mortgage, as ch…

Canadian mortgage industry welcomes stress test adjustment

2020-02-20

Federal government changes the stress test Steve Randall Canadian Real Estate Wealth The body representing thousands of firms and individuals in the Canadian mortgage industry has welcomed the federal government’s plan to change the s…

At tax time, get strata to consult with accountant

2020-02-20

The lines of taxation get blurry when strata corporations run a commercial enterprise Tony Gioventu The Province Dear Tony: Our strata corporation is a multi-building community in the Fraser Valley. We host five guest suites solely for owne…

University Height at The Crescent Squamish 51 single-family homes by Holborn Group

2020-02-20

The 51 single-family home development in Squamish is situated on 22 acres, with typical lot sizes ranging from 4,000 to 4,500 square feet. Kathleen Freimond The Province The second phase of University Heights, Holborn Group’s master-p…

How real estate marketing has changed

2020-02-20

Know your buyer profile for successful sales Nectaria Kladitis REM Having been in the real estate industry since 2005, I can tell you how marketing for the right buyer has changed drastically. When I was first hired as a salesperson for a h…

BC to change tax thresholds to address the cost of living

2020-02-19

BC's wealthiest to get a tax hike Steve Randall Canadian Real Estate Wealth The wealthiest people living in British Columbia will pay additional income tax as part of the province’s new budget. The government wants to address the high…

CIBC, RE/MAX join forces to help Canadian homebuyers

2020-02-19

Ontario and Atlantic provinces get help in the housing market Gerv Tacadena REP CIBC and RE/MAX INTEGRA have forged an exclusive partnership in a bid to help Canadians in Ontario and the Atlantic provinces break into the housing market. Und…

'Savvy' U.S. firms boost Canadian expansion plans for 2020

2020-02-19

More than half of U.S. firms in survey said they are considering setting up shop in Canada Tyler Orton Western Investor Vancouver kicked off 2020 with news Silicon Valley fintech Tipalti Inc. was launching its first office in the city&…

Developer purchases land in Burnaby's Brentwood to be part of transformation

2020-02-18

Developer buys land in Burnaby to be part of area's transformation, VP says Joanne Lee-Young The Province Grosvenor Group's Michael Ward, senior vice president of development, and Marc Josephson, vice president of development, at the parcel…

BC condos struggle with insurance renewals

2020-02-18

The condominium market in British Columbia is facing an insurance crisis Canadian Real Estate Wealth The condominium market in British Columbia appears to be facing an insurance crisis, with some strata corporations witnessing a huge jump i…

Toronto vs. Vancouver: Which condo market makes more sense?

2020-02-18

Vancouver regained the highest cost of living Zee Jeremic Canadian Real Estate Wealth The title of “Canada’s most expensive city” has cycled between Toronto and Vancouver for decades. Though Toronto was reported to have th…

Impact of coronavirus on real estate will be "modest and temporary at most" says REIN

2020-02-18

The Real Estate Investment Network downgrades effect of coronavirus on real estate REM Disruptions in GDP growth rates can affect real estate markets within an 18-month period, according to REIN?s Long-Term Real Estate Success Formula. The …

eXp Realty opens NS operations in the next leg of Canadian expansion

2020-02-14

Cloud brokerage eXp Realty has announced the launch of its operations in Nova Scotia Ephraim Vecina Mortgage Broker News Cloud brokerage eXp Realty has announced the launch of its operations in Nova Scotia, in the latest of its steps toward…

Some condo buildings unable to buy insurance

2020-02-14

Stratas reporting they are unable to renew coverage or face unexpected large premium hikes Dan Fumano The Province More B.C. stratas are reporting unpleasant surprises when they try to renew condo insurance, with some facing shocking premiu…

Condo owners face huge bills from massive strata insurance rate hikes

2020-02-14

Strata property owners - and those who rent from them - are looking at unprecedented costs Joannah Connolly Vancouver Courier A crisis is bubbling up in the condo sector, with insurance companies hiking building insurance premiums to unprec…

BC home sales up almost 24% year-over-year in January

2020-02-14

Home sales in BC showing a strong increase Steve Randall Canadian Real Estate Wealth Things are looking up for the housing market in British Columbia with sales showing a strong increase in January compared to a year earlier. The British Co…

BC Housing Markets Off to a Strong Start in 2020

2020-02-13

BCREA reports a 23% increase in Residential Sales in January BCREA The British Columbia Real Estate Association (BCREA) reports that a total of 4,426 residential unit sales were recorded by the Multiple Listing Service ® (MLS ® ) in…

Canada's tallest condo tower coming to downtown Toronto

2020-02-13

95-storey tower in Toronto tallest residential building Kimberly Greene Mortgage Broker News Luxury builder Pinnacle International launches phase one of its newest condo building, named SkyTower, which will rise more than 1,000 feet over La…

Two methods to obtain strata records

2020-02-13

Buyers can get information about corporation, future maintenance and the insurance policy Tony Gioventu The Province Dear Tony: Our family has been shopping for a two-bedroom condo for the past three months and finally found a location and …

Paradigm 3202 Riverwalk Avenue a 22 storey tower with 268 homes by Wesgroup Properties

2020-02-13

Wesgroup's Paradigm project in Vancouver?s River District targets millennials Michael Bernard The Province With millennials as its major target group, Wesgroup Properties has spent much time and energy considering what this demographic grou…

B.C. residential sales, prices jump year over year

2020-02-13

Housing market "off to a strong start in 2020" as many regions recover from recent downturn Joannah Connolly Western Investor Both total residential resale transactions across B.C. and the province's average sale price jumped in January 202…