Neil SharmaMortgage Broker News In a bid to quell rising prices in the Vancouver and Toronto markets, the government may be causing irreparable damage in smaller cities and towns across Canada with mortgage underwriting rules, set to take effect January 1. Shane Bruce, founder of the ACME Group of Companies, says he’s already transacting fewer […]
Epic Homes to release second phase of Bertrand Creek Shawn ConnerThe Vancouver Sun After a successful roll-out of phase one of its Bertrand Creek development, Epic Homes has started construction of the Aldergrove location’s second phase. “Because sales were so strong leading into the summer, we’ve been limited with our home availability over the summer […]
Imperial a South Surrey family affair Mary Frances HillThe Province Imperial Project location: 15633 Mountain View Dr., Surrey Project scope: 87 four- and five-bedroom three-level townhomes on six acres. Close to Morgan Crossing shopping centre, the new Grandview Heights Aquatic Centre, and several golf courses Residence sizes and prices: Homes range from 2,000 to 2.577 sq. ft from […]
Design and positioning of Elenore on Fifth to maximize the spectacular outlooks Kathleen Freimond The Vancouver Sun Elenore on Fifth Project address: 2106 Main Street, Vancouver Developer: Chard Development Ltd. Architect: Proscenium Architecture + Interiors Interior designer: Proscenium Architecture + Interiors Project size: 58 homes Bedrooms: one, two and three bedrooms Unit size: 476 – […]
Steve RandallCanadian Real Estate Wealth The housing markets of Toronto are Vancouver are showing differing trajectories according to a report from RBC Econonic. Toronto has returned to a more composed and sensible position following the implementation of the Ontario Fair Housing Plan it says. “Gone is the earlier frenzy fueled by supercharged demand conflicting with […]
Joannah ConnollyREW Six of the top 10 cities are in the Lower Mainland, according to annual rankings The rapidly growing city of Surrey is once again ranked as the best bet to invest your buck in real estate, according to an annual ranking by the Real Estate Investment Network (REIN). The 2017 survey identifies the […]
Steve RandallCanadian Real Estate Wealth There were 1,799 home sales in the Fraser Valley in October, the second highest number for the month since the region’s real estate board was founded. Total MLS sales processed by the Fraser Valley Real Estate Board were up 23% compared to October 2016 and up 11.1% compared to September […]
Neil SharmaREP Foreign buyers are back in Vancouver’s residential real estate market, accepting the foreign buyer tax as the cost of doing business. However, they have also been quietly buying commercial real estate throughout the Greater Vancouver Area for the last year because those purchases aren’t subject to the foreign buyer tax. As a Pacific […]
Ephraim VecinaCanadian Real Estate Wealth According to the latest property transfer data released by the British Columbia government, the proportion of sales involving foreign nationals in Metro Vancouver inched up between April and September. The data showed that 5% of the 6,105 property transfers in September involved foreign nationals, up from 2.5% in April. This […]
Neil SharmaCanadian Real Estate Wealth Canadian real estate attracts interest from around the world, and now American company Zillow has announced that it plans to add Canadian listings early next year. However, that could ruffle feathers with the country’s largest real estate board. Zillow publishes properties’ sold data, which has been at the heart of […]