Real Estate News & Articles

Latimer Village 8242 200 Street Langley first two buildings with 100 homes on sale now by Vesta Properties

2019-11-16

Latimer Village the urban hub of master-planned Langley community Simon Briault The Vancouver Sun In 2013, Vesta Properties approached homeowners in the Carvolth neighbourhood of Langley with an offer to purchase and then develop their lots…

Squamish nation's Kitsilano development promises to be transformative

2019-11-16

The Squamish Nation's proposed 6,000-unit housing development for Kits Point promising Randy Shore The Vancouver Sun The Squamish Nation’s proposed 6,000-unit housing development for Kits Point promises to be transformative for the ba…

New home price index launched to improve data availability

2019-11-15

Canadian home prices become more transparent with new index Steve Randall REP Information about Canadian home prices is about to become more transparent thanks to a new index. The Resale Residential Property Price Index has been created thr…

Reverse mortgage growth fuelled by wealthier, more active seniors

2019-11-15

Canada's reverse mortgage is the fasters-growing debt Ephraim Vecina Mortgage Broker News Canada’s reverse mortgage debt grew by 1.33% month-over-month in August to reach yet another new high of $3.83 billion, according to latest data…

Richard Robbins Video on REBGV October 2019 Market Update

2019-11-15

Richard Robins other Richard Robbins Video on REBGV October 2019 Market Update   00:01 - Hey everyone, Richard Robbins here. 00:02 Well, the numbers are in for the real estate board 00:04 of Greater Vancouver, and I got nothin' but goo…

Housing market 'normalization' continues in British Columbia

2019-11-14

Signs point to market returning to normal conditions Steve Randall REP The housing market in British Columbia has seen tough times since the introduction of the mortgage stress tests and other market-cooling measures. But there are continue…

Three Canadian cities among NA's 10 most expensive retail streets

2019-11-14

Vancouver?s Robson Street ranks 7th with rent for retail space Steve Randall Canadian Real Estate Wealth With retailers under increasing pressure from online competitors, crippling rents are frequently a major cause of financial issues. For…

Strata insurance coverage is limited to the cause

2019-11-14

Limiting risk for one owner may raise it for others Tony Gioventu The Province Dear Tony: Our strata corporation renewed its insurance policy in October. Our deductible was increased from $25,000 to $100,000 and our policy has increased fro…

Surrey aims to share in any transit land lift values

2019-11-14

While city staff completes zoning plan along SkyTrain extension, speculators are bidding up land prices Frank O'Brien Western Investor A concept to ensure affordable housing along the new SkyTrain rapid transit extension in suburban Surrey …

It's good news for the Vancouver real estate market

2019-11-14

It's good news for the Vancouver real estate market Richard Robins REM VIDEO Richard Robbins looks at the latest sales results for Greater Vancouver and has nothing but good news….well, almost. He takes a hard look at the October mar…

Password management startup wins $200 million investment to grow enterprise business

2019-11-14

1Password now has 'millions of users and over 50,000 companies' on the service James McLeod The Vancouver Sun Toronto-based 1Password announced Thursday that it has raised $200 million in venture capital — the first outside investment…

National housing market now characterized by more balanced conditions

2019-11-13

Canadian residential market almost at traditional levels Ephraim Vecina Mortgage Broker News Despite a modest degree of vulnerability remaining, the Canadian residential market is now exhibiting “much narrow imbalances,” accordi…

GTA to see a massive $1.7B multi-residential sales transaction

2019-11-13

44 concrete buildings in the Greater Toronto Area to be sold to Starlight Investments Ephraim Vecina Mortgage Broker News A high-rise multi-residential portfolio of 44 concrete buildings in the Greater Toronto Area is slated to be sold to S…

From banker to broker: a top producer moves to the broker channel

2019-11-13

A top bank mortgage specialist moves to Expert Financial Kimberly Greene Mortgage Broker News One of the top bank mortgage specialists in Canada had made the move to the broker channel. CIBC’s Scott Dillingham is bringing his LendCity…

Canada needs to ditch its addiction to real estate and start investing in technology Tech investment in Canada is lacking

2019-11-11

Tech investment in Canada is lacking Martin Pelletier The Vancouver Sun In today’s global market, which has been made even more accessible through the rise of ETFs, investors can go pretty much anywhere they choose and for a low price…

B.C. rental crisis goes far beyond impact of short-term rentals, say experts

2019-11-11

Short-term rentals not 'sole'problem' behind lack of housing Dirk Meissner The Vancouver Sun British Columbia’s rental housing crisis goes far beyond factoring the impact of short-term rentals, say housing experts who say more buildin…

Gardner 2838 Livingstone Avenue Abbotsford 77 townhomes in phase 1 by Mosaic

2019-11-09

Abbotsford location is a natural next step for Mosaic Homes Kathleen Freimond The Vancouver Sun After nearly 20 years of building residences across Metro Vancouver, Mosaic Homes is taking its characteristic shingle-style townhomes to Abbots…

Vancouver developer Holborn Group wins international property awards

2019-11-08

Holborn Group also won an International Property Award for best bathroom design REM Vancouver-based real estate developer Holborn Group was a big winner at the 26th International Property Awards ceremony for its single-family residences in …

Airbnb to verify listings, bans house parties following tragedy

2019-11-08

Homeowners who list on Airbnb will need to be verified Steve Randall other The rise of short-term letting platform Airbnb has been hailed as a revolution for travellers – and derided for its impact on local rental and housing markets.…

Vancouver project to be among Canada's largest Indigenous developments

2019-11-07

Squamish Nation is planning the construction of around 6,000 affordable units Ephraim Vecina Mortgage Broker News A Vancouver housing project led by Squamish Nation is planning the construction of around 6,000 affordable units. The Senakw d…

Robust market fundamentals driving Toronto's high-end housing segment

2019-11-07

Luxury housing in Toronto on an up-swing Ephraim Vecina Canadian Real Estate Wealth Toronto’s luxury housing sector has enjoyed a marked upswing in activity this year, according to a new analysis by RE/MAX. Accelerated sales came abou…

Metro Vancouver First Nations 'buying their own land back'

2019-11-07

First Nations set to be power broker in real estate as they buy their land back Randy Shore The Province First Nations are poised to become the next real estate development power-brokers in Metro Vancouver, with billions of dollars worth of…

Another crypto crash raises fears

2019-11-07

Vancouver-based cryptocurrency exchange latest to shutter with millions owing to clients Matt Robinson The Province When clients of Einstein Exchange discovered last weekend that the website of the Vancouver-based cryptocurrency trading pla…

Bylaws regulate charging stations

2019-11-07

There are many different variations of parking allocations, assignments and designations Tony Gioventu The Province Dear Tony: How does a strata council manage a request to install charging stations when the alterations to our electrical wi…