Real Estate News & Articles

Canadian seniors should consider these markets south of the border

2019-10-07

The best and worst cities for seniors to live Steve Randall REP Canadian seniors considering a move south of the border may be tempted by the weather in Florida but a new report suggests other destinations may be better options. With senior…

13 factors that could significantly lower your home's resale value

2019-10-05

Certain detractors can lower your home's resale value Kelsey Pudloski Livabl The goal of home ownership — beyond the ‘keeping a roof over your head’ bit — is to make a return on your investment. You purchase a starte…

Vancouver home sales rebound from last year's slump

2019-10-03

Metro Vancouver back to normal level of sales Steve Randall Canadian Real Estate Wealth The more normal level of sales activity in Metro Vancouver continued in September with a 46.3% increase year-over-year. There were 2,333 homes sold in t…

CoStar October 2019 Market Report

2019-10-03

October 2019 Market Report other MARKET SUMMARY With the federal election around the corner, British Columbian’s have a lot on their mind. From the troubled forestry industry putting thousands of workers out of work to the ongoing iss…

Making sure you buy a home right

2019-10-03

Buy it right, avoid regret Mike Holmes The Province For most of us, buying a house is the biggest investment we’ll ever make. Whether we’re buying our first homes, expanding to a bigger space to accommodate a growing family, or …

Owners entitled to personal info collected by council

2019-10-03

Owners have right to information Tony Gioventu The Province Dear Tony:   Our strata council has been engaging in some bizarre activities lately in how it holds council meetings and reports decisions to the owners.  Our bylaws have…

Ebb & Flow 109 homes at 1944 Fullerton Avenue North Vancouver by Woodbridge Homes and Citimark

2019-10-03

North Van site key to the appeal of Ebb and Flow Simon Briault The Province For as long as anyone can remember, Greater Vancouver homebuilders have touted the ability of residents to live and work in a modern, cosmopolitan setting, yet with…

7 things I wish I knew before buying my first house

2019-10-03

Seven of the most common mistakes people make when buying a home Jeff Stern The Vancouver Sun After nearly three decades helping people buy that next home, I have listened to many a first-time home buyer’s regret. I’ve been on t…

Number of realtors in B.C.'s Lower Mainland dropping: study

2019-10-03

Number of realtors in BC up and down with the market Joannah Connolly Western Investor As the Lower Mainland of B.C.’s real estate market boomed between 2014 and 2017, so too did the number of realtors in the region, rising to more th…

CREA predicts stronger home sales for 2019 and 2020

2019-10-02

Relaxed B-20 results in stronger home sales Ephraim Vecina REP In a mid-September analysis, the Canadian Real Estate Association revised its home sales predictions upward amid B-20’s loosening grip. The group cited the decline in mort…

Toronto real estate ranked second-highest bubble risk in the world

2019-10-02

UBS Global Real Estate Bubble Index ranks Toronto second highest Kimberly Greene Mortgage Broker News The real estate bubble risk in Toronto is the second-highest in the world, according to data from the UBS Global Real Estate Bubble Index …

Metro Vancouver residential sales leap 46.3%

2019-10-02

Market balances with transactions on par with 10-year September average; prices still correcting Joannah Connolly Western Investor Predictions that the Metro Vancouver residential real estate market is in recovery mode may be realized, as h…

Businessman launches legal fight over B.C. foreign buyer tax

2019-10-02

Coffee shop owner bullied by BC government Andrew Duffy Western Investor A Victoria businessman, who claims he is being financially bullied by the B.C. government, has launched a legal fight over the province’s 20 per cent foreign- ho…

Residential pre-sale activity in Vancouver has become much weaker

2019-10-01

Developers deferred the release of new supply causing a decline in pre-sales Ephraim Vecina Canadian Real Estate Wealth Over the past few months, the decline in residential pre-sales in Vancouver was much larger than anticipated, according …

Trends Defining the Future of Real Estate

2019-10-01

Technology changing real estate Emmy O'Leary other It’s hard to keep up with all the ways technology is changing various industries, especially in home and design. The Future of Home conference was a two-day event that featured in-dep…

Vancouver pre-sales activity continues its hard deceleration

2019-09-30

Greater Vancouver pre-sales down 77 percent Ephraim Vecina Mortgage Broker News The decline in residential pre-sales in Vancouver was much larger than anticipated, according to a new analysis of MLA Canada figures by real estate information…

Land-assembly investor who made $6.67M on flip ordered to pay realtor $1.15M

2019-09-30

Highline at Metrotown by Thind Properties is a 47-storey tower Cornelia Naylor Western Investor A land-assembly investor who made $6.67 million in a matter of months by assigning a bundle of Burnaby lowrise apartment buildings has been orde…

Anticipated residential pre-sales declined in Vancouver

2019-09-30

Vancouver pre-sales activity continues its hard deceleration Ephraim Vecina Mortgage Broker News The decline in residential pre-sales in Vancouver was much larger than anticipated, according to a new analysis of MLA Canada figures by real e…

Toronto's luxury housing market is soaring, Vancouver to rebound

2019-09-27

Sotheby's International says solid fundamentals are supporting the market Steve Randall REP The market for homes priced over $1 million is benefitting from the current solid fundamentals in the Canadian economy including the strong labour m…

BC sets out plan to modernize housing approvals

2019-09-26

Housing report published Steve Randall REP The building approvals process in British Columbia is in need a makeover to make it more efficient. The Minister of Municipal Affairs and Housing initiated a review of the process at the Union of B…

BCREA Market Intelligence Report: Potential Uptake of the First-Time Home Buyer Incentive

2019-09-26

Potential Uptake of the First-Time Home Buyer Incentive BCREA Summary Findings: Evaluating the First-Time Homebuyer Incentive (FTHBI) based on its principle eligibility criteria, the highest potential uptake of the FTHBI would be in more af…

Chinese house buyers in the US amount to only 1% of the $1.7 Trillion of total sales or down to $10B

2019-09-26

Chinese buyers dropping out of US housing market Kimberly Greene other Estimates from Chinese real estate website Juwai.com reveal that US home sales to Chinese buyers are likely to drop to an eight-year low by next March, as the trade war …

Where Could a Median-Income Household Afford Real Estate in Canada?

2019-09-26

What you need to save to buy a home on a median income across Canada Penelope Graham other Housing affordability has long been a hot-button issue across Canada and will take centre stage in the upcoming October Federal Election as a top pri…

Roslyn Ridge 84 single family homes at 23192 113B Avenue Maple Ridge by Morningstar Homes

2019-09-26

Roslyn Ridge homes will have plenty of room inside and out Simon Briault The Province There are many things to consider when buying a new-build home. The price is a big one. The floor plan is another. Then you have things like construction …