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  1. Numerous factors precipitated the Canadian housing crisis – analyst

    Ephraim Vecina Mortgage Broker News A hodgepodge of factors contributed to the current state of Canadian real estate, which has seen an increasing number of affordability refugees fleeing from the hottest markets. Bank of Nova Scotia vice president of economics Derek Holt stated that a combination of record-low interest rates and careless federal-level actions has led […]

  2. Vancouver can?t solve housing crisis alone

    It?s time for senior levels of government to step up, writes Gregor Robertson Gregor RobertsonThe Vancouver Sun Vancouver is at a critical point for affordable housing. Over the last five years, our housing market changed dramatically, impacting everyone from young families to seniors, from students to new Canadians. Most have felt affected by our housing […]

  3. Strata must disclose tribunal proceedings on information certificates

    Up-to-date forms a must ? Tony GioventuThe Province Dear Tony: We put an offer in on a condo two weeks ago and requested a Form B Information Certificate.   The strata we are looking at was built in 2008, and has a rental bylaw that limits the number of rentals to 10 at any time, but […]

  4. Fulton House 2338 Madison Avenue Burnaby 296 homes and 7 townhouses by Polygon Fulton House Ltd

    Polygon?s designers deliver a sense of dramatic artistry and balance to rooms at Fulton House ? Mary Frances HillThe Province Project: Fulton House Where: 2338 Madison Ave., Burnaby What: 296 one- and two-bedroom homes plus seven townhouses in a 41-storey concrete building, with more than 28,000 square feet of clubhouse amenities Residence sizes and prices:  one- and two-bedroom […]

  5. Canada Rent Report: October 2016

    Greg Vanderhorstother The overall trend in Canada this past month appears to be moderate to significant increases in rent prices across the nation. However, there seems to a be a degree of polarization in the rental market, as rents in many of Canada’s most expensive cities continue to rise significantly while those at the lower […]

  6. UBS Global Real Estate Bubble Index 2016

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  7. CRA recovers over $240M from housing audits in B.C. and Ontario

    Ephraim VecinaCanadian Real Estate Wealth In a recent announcement, the Canada Revenue Agency revealed that it has collected more than $240 million from real estate tax audits in B.C. and Ontario as of last month. Data published on the CRA website showed that between April 2015 and September 2016, the agency has recovered over $210 million […]

  8. Two-decade-old report foretold the prominence of Chinese in Canadian real estate

    Ephraim VecinaCanadian Real Estate Wealth A joint program by the RCMP and the CSIS nearly two decades ago offered eerily accurate predictions of the current state of Canadian real estate—predictions that pointed at the nearly irreplaceable role that wealthy Chinese now play in the nation’s housing markets. In a piece by Toronto-based journalist Tiffany Greene for […]

  9. Major mistakes investors make when buying U.S. real estate

    Justin da RosaCanadian Real Estate Wealth There are still opportunities to take advantage of U.S. real estate, according to one veteran who has penned a guide for Canadians interested in purchasing property down south. “The number one mistake is they don’t own it the way they need to own it based on their circumstances. For […]

  10. Value of Vancouver homes might decline by as much as 20% – report

    Ephraim VecinaMortgage Broker News The uncanny pace of home price growth in Vancouver has paved the way for a dramatic correction in the near future, according to a recent report by the National Bank of Canada. The value of detached homes in the city could experience a decline of as much as 20 per cent over […]