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  1. Apartments and townhouses push Vancouver activity above historical averages

    Ephraim VecinaCanadian Real Estate Wealth Residential property sales in the Greater Vancouver area shot up by 25.2% on a year-over-year basis last month, a development that the region’s real estate board attributed to the sustained strength of the apartment and townhouse segments. In its latest report, the Real Estate Board of Greater Vancouver (REBGV) stated […]

  2. Industry reacts to Ontario proposals on multiple representation

    Steve RandallREP The Ontario government has announced proposals to strengthen consumer protection for real estate transactions and two industry bodies have been quick to commend the move. The government announcement – which was expected following the Fair Housing Plan published earlier in the year and a consultation over the summer – says that if passed, […]

  3. The Grande 300 Morrissey Road Port Moody 220 homes in a 26 storey tower by Onni Group

    The Grande a merging of the contemporary and the timeless Mary Frances HillThe Province The Grande Where: 300 Morrissey Road, Port Moody What: 26-storey tower with 220 homes in the Suter Brook Village community Developer and builder: Onni Group Residence sizes and prices: 1, 2 and 3 bedrooms, 600 — 2,100 sq. ft., up to […]

  4. Vancouver developer hikes fee for re-assigning a pre-sale condo in effort to dampen speculation

    Pre-sale condos now harder to flip Joanne Lee-Young The Vancouver Sun Condo sales and prices are on fire. And now, developers of a prominent condo project in Vancouver’s West End, which won’t be completed until 2019, are hiking the fee they charge for letting a pre-sale buyer of a unit re-assign (sell) their contract to […]

  5. Toronto home prices rebound, but sales still slump in September

    The average sale price of a home climbed almost 6% from August, but sales are down 35% from the year before Garry MarrThe Vancouver Sun The average sale price of a home in Toronto climbed almost six per cent from August, but sales across the region continued to sputter compared to a year ago. The […]

  6. Toronto area sees 35 per cent drop in home sales from year ago: real estate board

    REP Home sales in the Greater Toronto Area were down 35 per cent in September compared with the same month last year, although prices generally continued to increase. The Toronto Real Estate Board says sales of all major types of residential property were down but the biggest decline was a 40.4 per cent drop in […]

  7. Stricter mortgage rules could be in place by January

    Steve RandallREP By the end of October we should have a clear idea of proposed changes to mortgage lending regulations with updated B-20 rules implemented within two to three months. Speaking at an event in Toronto, OSFI superintendent Jeremy Rudin said Tuesday that much of what will become the updated regulations will be what the […]

  8. Owners in limbo after proxies used in levy vote

    Proxies put tenants in a pickle Tony Gioventu Times Colonist Dear Tony: Our strata council has put owners in a serious conflict. The council proposed a special levy of $100,000 to remodel our lobby and the owners passed it at a special general meeting last week. No one is objecting to the price. A good […]

  9. September home sales in Vancouver up from year ago mark, board says

    REP September home sales in Vancouver were up compared with year ago, however sales fell compared with August. The Real Estate Board of Greater Vancouver says there were 2,821 homes sold in the region last month. That was up 25.2 per cent from 2,253 in September last year, but down 7.3 per cent from the […]

  10. Passive highrises at 1400 Alberni St planned for Vancouver’s West End

    Goodbye glass: New York-style condo towers proposed for Vancouver’s West End Cheryl Chan The Vancouver Sun Vancouver has been called the City of Glass for the tall, thin, glass condos that dominate the downtown landscape. But a new proposed project at 1400 Alberni Street may put Vancouver on the map as home of the world’s […]