Real Estate News & Articles

Real estate profession revises Professional Development Program for BC's REALTORS

2020-01-02

REALTORS across BC are working to meet new professional development requirements BCREA With a redesigned Professional Development Program now in place, REALTORS® across BC are working to meet new professional development requirements. T…

Northland Properties Corporation buying Grouse Mountain Resort

2020-01-02

Dallas Stars owner to buy Grouse Mountain Resort Kenneth Chan other Less than two years after it acquired Grouse Mountain, a company with strong links to China has decided to sell the recreational and tourist destination on Metro Vancouver&…

BC Assessments show modest overall value declines, steeper in Lower Mainland

2020-01-02

Biggest drops in home values are in West Vancouver and UBC, while many parts of B.C. post an increase in home assessments Joannah Connolly Western Investor Property values across the province have declined only modestly over the past year, …

Here are the 10 most expensive properties in Vancouver

2020-01-02

Chip Wilson?s Point Grey Road home fell by almost $10 million in assessed value John Kurucz Western Investor Pour one out for poor Chip Wilson. The former lululemon magnate has now seen his Point Grey Road mansion lose $14 million in assess…

Poll finds broad support for B.C. speculation, foreign-buyer's taxes

2020-01-02

NDP establish new taxes on home ownership Mario Canseco Western Investor During the last provincial election, British Columbians were primarily preoccupied with housing, homelessness and poverty – three issues that outpaced topics suc…

Grouse Mountain Resort sells for second time in two years

2020-01-02

Northland Properties Corp. new owner of Grouse Mountain Ski Resort Jeremy Shepherd Western Investor For the second time in 18 months, the ownership of Grouse Mountain Resort is changing hands. Northland Properties Corporation, which owns ho…

These are BC's top 10 most expensive homes

2020-01-02

BC?s top 10 luxury homes other It should be no surprise that some of BC’s most valuable residential real estate is located in Vancouver’s West Side, but here is a renewed glimpse of how the top properties are fairing in the…

What's in Store for 2020? Zoocasa's 5 Housing Market Predictions

2019-12-30

Buyers and Sellers expectation for 2020 Penelope Graham other What can Canadian home buyers and sellers expect as we enter a new decade? Check out Zoocasa’s top five predictions for home sales, price growth, and mortgage rates in the …

Make your listing tell a story

2019-12-27

Storytelling is part of the selling process Connie Adair REM How do you make your listing stand out? A list of features alone, no matter how impressive, won’t do the trick. It’s the storytelling that draws potential buyers, espe…

Murrayville condo developer, Mark Chandler spending Christmas in jail

2019-12-22

Christmas in jail for Vancouver condo developer facing fraud trial in new year Dan Fumano The Province Vancouver real estate developer Mark John Chandler is spending Christmas in a California jail as he awaits a trial on felony fraud charge…

Oakridge Centre redevelopment by Westbank?s founder Ian Gillespie will be his defining achievement

2019-12-21

Loved and loathed, Vancouver developer Ian Gillespie lures the world?s wealth with luxury towers Natalie Obiko Pearson The Vancouver Sun If it bothers Ian Gillespie that he’s the most vilified developer in Vancouver — a city wit…

Colliers International to control US mortgage, real estate firms

2019-12-20

Colliers has controlling interest in Dougherty Financial Steve Randall Canadian Real Estate Wealth Colliers International has announced a significant expansion of its US debt financing platform and the formation of a US securities business.…

BC home sales just saw a billion-dollar increase in November

2019-12-20

November house sales increased 27.5 percent from last year Sean MacKay Livabl The BC housing market’s recovery has continued late into the year with sales activity in November recording a 27.5 percent increase compared to the same tim…

COMMERCIAL ACTIVITY REMAINS STABLE IN 2019 Q3

2019-12-19

BCREA Commercial Leading Indicator unchanged compared to same time last year BCREA The BCREA Commercial Leading Indicator (CLI) fell slightly to 135.3 in the third quarter of 2019. The index remains unchanged compared to the same time last …

Six real estate trends to watch for in 2020

2019-12-19

PropertyGuys.com recently released a list of six trends that will transform real estate Clayton Jarvis Canadian Real Estate Wealth Thankfully, success in real estate doesn’t require an ability to predict the future. But having an idea…

Provincial and federal governments sign Canada's first housing benefit

2019-12-19

Direct affordability support to Ontarians who are in housing need Kimberly Greene Mortgage Broker News Today, the Honourable Ahmed Hussen, Minister of Families, Children and Social Development and Minister responsible for the Canada Mortgag…

HomeEquity Bank announces sale of reverse mortgage portfolio loans

2019-12-19

Schedule 1 Canadian bank buys reverse mortgage portfolio Kimberly Greene Mortgage Broker News HomeEquity Bank has announced that it has sold about $75 million of reverse mortgages to another Schedule 1 Canadian bank. This is the first-ever …

Think safety first over the holidays

2019-12-19

Put safety first and be mindful of others during holidays Tony Gioventu The Province Dear Tony: Our strata corporation has been having the “ban live-cut Christmas trees” debate for several years, without much success. Every year…

Winding up a Strata corporation - legal precedent

2019-12-19

Strata Termination Update Mike Mangan BCREA A year ago in Legally Speaking No. 509, I described two Supreme Court of British Columbia cases that addressed whether a strata corporation must first pass an 80% vote (sometimes called a "winding…

Winding up a Strata corporation - legal precedent

2019-12-19

Strata Termination Update Mike Mangan BCREA A year ago in Legally Speaking No. 509, I described two Supreme Court of British Columbia cases that addressed whether a strata corporation must first pass an 80% vote (sometimes called a "winding…

RE/MAX Acquires Data Science Startup First, Continuing the Brand's Technological Transformation

2019-12-18

Today RE/MAX announced the acquisition of First, an innovative tech company behind a ground-breaking real estate app other RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX, one of the world’s leading franchisors of real es…

A 5-storey rental project at 1805 Larch Street approved by council

2019-12-18

Vancouver council approves controversial Kitsilano five-storey rental project Naoibh O'Conno Vancouver Courier Vancouver council approved a contentious rezoning application to build a five-storey rental building at Larch and West Second Ave…

Vancouver approves first moderate-income rentals

2019-12-17

Moderate Income Rental Pilot Program building two projects Steve Randall REP The City of Vancouver has approved the first two projects under its Moderate Income Rental Pilot Program (MIRHPP). The first will deliver 96 much-needed rental hom…

Demand for Fraser Valley homes poised to swell

2019-12-17

Fraser Valley is expected to continue being a buyers' market Gerv Tacadena Canadian Real Estate Wealth Fraser Valley is expected to continue being a buyers' market next year as more millennial first-time buyers commence their home purchase,…