Justin da RosaCanadian Real Estate Wealth What’s a building science specialist? Someone who will make sure you don’t take a bath on your condo investment. We spoke with one who told us the key things to consider before investing. As Brian Shedden explains it, a building science specialist is “like a hybrid engineering discipline – […]
Justin da RosaMortgage Broker News The fear following Vancouver’s 15% foreign sales tax was that those buyers would be pushed to Toronto. Has that happened? The answer may soon be available. Urbanation released a survey of condo foreign purchasers, which found foreign buyers account for just 5% of Toronto condo sales, compared to 52% of […]
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 […]
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 […]
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 […]
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 […]
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 […]
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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 […]
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 […]