Real Estate News & Articles

3535 Princeton 27 three and four bedroom townhomes at 3535 Princeton Avenue Coquitlam by Nordel developments

2019-12-07

Roof decks a standout feature at 3535 Princeton Simon Briault The Vancouver Sun 3535 Princeton is a project from Nordel Developments in Coquitlam. [PNG Merlin Archive] PNG Nordel Developments is building a collection of high-end townhomes o…

After years of delay, construction begins in downtown parking lot on Vancouver's newest park

2019-12-06

Elaborate downtown park finally set to be constructed Susan Lazaruk The Province Construction is scheduled to begin next month on an elaborate Downtown Vancouver park that includes a public plaza, cafe, raised walkways and a price tag that …

Swanepoel report says iBuying is No. 1 trend

2019-12-06

California-based research firm new report REM iBuying is the No. 1 real estate trend for 2020, says a new report by California-based research firm T3 Sixty. “The way consumers buy and sell homes is radically changing, and 2020 will be…

Ontario plan to rebuild confidence in new homes welcomed by OREA

2019-12-06

New confidence act to strengthen homebuyers' protection Steve Randall REP Plans to shake up the new home warranty program in Ontario have been welcomed by the provincial real estate association. Legislation has been put forward by Ontario g…

Coping with rising cost of insurance for strata Properties

2019-12-05

Premiums and deductibles have increased substantially Tony Gioventu The Province Over the past few months across B.C. there has been an industry struggle to renew strata corporation insurance polices. With renewals, the cost of the insuranc…

Latimer Village at Latimer Heights 8242 200 Street Langley the first two buildings with 100 homes by Vesta Properties

2019-12-05

Latimer Village condos the hub of Langley community Simon Briault The Province In 2013, Vesta Properties approached homeowners in the Carvolth neighbourhood of Langley with an offer to purchase and then develop their lots. Fast forward six …

Metro homeowners hit by weak market

2019-12-05

Five more Metro Vancouver homeowners hosed in a falling market David Carrigg The Province A recent report from Central 1 Credit Union suggests a rebound in Metro Vancouver’s housing market is coming. However, at the moment there are p…

Victoria poised to become a sellers' market in 2020

2019-12-05

Victoria real estate market leaning towards a sellers? market Gerv Tacadena Canadian Real Estate Wealth Victoria's housing market is expected to be favourable for home sellers next year, according to the latest outlook by RE/MAX. While cond…

B.C. hotel activity stays strong as the sector languishes in Alberta

2019-12-04

Revenue slows but still grows in tourism-heavy B.C., while oil-hit Alberta struggles to fill rooms Peter Mitham Western Investor Hotel activity in Canada may have flattened over the past year, but a key takeaway from the Western Canadian Lo…

Construction to begin on new $14.5-million downtown Vancouver public park

2019-12-04

New park at the northeast corner of the intersection of Richards Street and Smithe Street Kenneth Chan other If all goes as planned, construction on a new major urban public park in downtown Vancouver could begin early next year. Next week,…

November Toronto Home Sales and Prices See Greatest 2019 Growth: TREB

2019-12-04

The Greater Toronto Area real estate market continues to experience robust activity other The Greater Toronto Area real estate market continued to experience robust activity throughout the late autumn, as the latest numbers reveal the stron…

Bank of Canada announces interest rate decision

2019-12-04

Interest rate to remain at 1.75% Kimberly Greene Mortgage Broker News The Bank of Canada (BoC) announced today that it would keep the overnight rate at 1.75%. The Bank Rate is correspondingly 2% and the deposit rate is 1.5%. The BoC has mai…

Metro Vancouver home sales return to near normality

2019-12-04

Metro Vancouver posted a healthy year-over-year gain in November Steve Randall Canadian Real Estate Wealth Home sales in Metro Vancouver posted a healthy year-over-year gain in November. The Real Estate Board of Greater Vancouver (REBGV) re…

Signs of real estate innovation after Supreme Court decision opens housing data

2019-12-02

Regional startups like Fisherly are emerging as other boards change rules Mortgage Broker News When Chris Pollard wanted to list his Toronto condo, he decided to try a private sale in his neighbourhood first. And thanks to a Supreme Court d…

Healthy price increases expected for Canadian housing market

2019-12-02

Canadian housing market will be more stable in 2020 Steve Randall Mortgage Broker News The highs and lows that have defined the Canadian housing market in recent years will be replaced by a more stable environment in 2020 according to a new…

Federal government meets with Vancouver housing partners

2019-12-02

Feds launch National Housing Strategy Steve Randall Mortgage Broker News Officials and stakeholders from the Vancouver region met with a federal government minister last week to discuss issues relating to the National Housing Strategy. Ahme…

Greater Vancouver's stock of new homes fell by over 70%

2019-12-02

New home inventory down in Vancouver Ephraim Vecina Mortgage Broker News Attesting to sustained feverish demand for the market’s residential property, new home inventory in Greater Vancouver fell by 72.24% year-over-year in October, a…

CMHC reports notable increase in the number of insured rental homes

2019-12-02

CMHC market report showed an increase in insured rental homes Ephraim Vecina Mortgage Broker News In its latest market report, Canada Mortgage and Housing Corporation stated that the number of rental housing units it insured grew by 35% ann…

'Silver Tsunami' to flood housing market over next 20 years - Zillow

2019-12-02

Senior citizens owning houses will flood the market in the next 20 years by Ryan Smith Mortgage Magazine More than 20 million homes will hit the market over the next 20 years as aging baby boomers die or vacate their houses, according to a …

Creekside 24076 112 Avenue Maple Ridge 130 three bedroom homes by StreetSide Developments

2019-11-30

Creekside has family-friendly allure Kathleen Freimond The Vancouver Sun Back in 1874, about 50 families decided at a group meeting to incorporate and established one of British Columbia’s earliest municipalities, Maple Ridge. They we…

Anatomy of money laundering in B.C. real estate: 12 cases, $1.7 billion, 20 countries and 30 banks

2019-11-29

As British Columbians confront, understand and quantify the effects of money laundering in real estate, there remains skepticism over whether, and to what extent, illicit money can be laundered in real estate Gordon Hoekstra The Vancouver S…

Where to Live in Canada: Vancouver Neighbourhood Guide

2019-11-29

Vancouver, a City of Mountains and Oceans Laisa Schutz REW From sea to sky and everything in between, Vancouver has a lot to offer. After talking to a few Vancouverites and real estate experts, we put together a list of neighbourhoods to he…

It's about to get costlier to leave a Vancouver home vacant

2019-11-29

2020 vacant home tax rises to 1.25% Steve Randall Canadian Real Estate Wealth Leaving a home vacant in Vancouver will cost owners more over the next three years. Vancouver City Council has voted for an increase in its Empty Homes Tax (EHT) …

New Chapter of Parq Vancouver entertainment complex cost about $630 million | Jeff Vinnick

2019-11-29

Debt-laden Parq Vancouver to get new CEO Glen Korstrom Business in Vancouver Peter Goudron set to take over from Joe Brunini in 2020 What happened: Downtown Vancouver’s only casino is getting a new CEO at the beginning of 2020, with f…