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  1. According to Juwaii, Chinese investment in Canada to be $16B in 2017, enquiries dropped 80% after the 15% Vancouver tax

    Chinese investment expected to maintain levels Justin da Rosa Mortgage Broker News Investment from Chinese buyers in Canadian real estate is expected to match 2016 levels, with many expected to set their sights outside Vancouver. “Barring unforeseen circumstances, we expect Chinese real estate investment in 2017 to come close to matching that of 2016. There […]

  2. New home construction picks up, offering latest evidence of economic momentum

    Canadian Real Estate Wealth OTTAWA – The pace of home construction in Canada picked up last month and a lot of the push came from Ontario, the federal housing agency said Wednesday, offering the latest evidence that the economy is building momentum. Canada Mortgage and Housing Corp. said February’s seasonally adjusted rate for housing starts […]

  3. Chinese interest in Vancouver real estate not limited to high-end sector

    Emma Crawford Hampel other Homebuyers from China are often cited as major participants in Vancouver’s luxury real estate market, but a new study from Sotheby’s Canada and Juwai.com found most property searches from China into Vancouver homes were for those on the lower end of the market. uwai.com—one of the largest Chinese international property search […]

  4. Fraser Valley?s February numbers point to a market on the rise

    Ephraim VecinaCanadian Real Estate Wealth Vancouver isn’t the only housing market that has experienced heightened costs last month, as latest numbers from the Fraser Valley Real Estate Board (FVREB) revealed that the southwestern region has also seen its fair share of notable home price growth in February. Last week, the Board revealed that the benchmark […]

  5. $1 million ain?t what it used to be

    Justin da RosaCanadian Real Estate Wealth What will a cool $1 million buy you across the country?  Obviously, that depends on the market; but increasingly, what was once considered the threshold for a luxury home will buy you less and less house.  “What used to be considered a luxury price point is now the status […]

  6. Proposed class action against B.C. says foreign buyers’ tax unconstitutional

    Canadian Real Estate Wealth A proposed class-action lawsuit says British Columbia’s 15-per-cent tax on foreign nationals who buy homes in the Vancouver area is unfairly prejudiced against people from Asia, who have historically faced discrimination in the province. Amended documents filed in B.C. Supreme Court last week argue the so-called foreign-buyers’ tax is unconstitutional because […]

  7. Fraser Valley home sales slump but real estate pros are happy

    Steve RandallCanadian Real Estate Wealth Home sales in the Fraser Valley saw a slump in February, similar to that seen in Metro Vancouver; but the body representing real estate agents in the region isn’t downbeat about it. Sales were down 41.5 per cent compared to February 2016, which was a record-breaker. Realtors sold 1,396 homes […]

  8. Look at your home with buyer?s eye before you?re ready to sell

    How to take care of your house like you?re selling it STEVE WYDLER AND HANS WYDLERThe Vancouver Sun Homesellers need to understand that buyers today have access to more information and are more educated and savvy than ever. As a result, today’s buyers tend to be more cautious. Any small issue they see with the […]

  9. The Smithe at 885 Cambie Street Vancouver a 27-storey tower with 94 homes by Boffo Development

    The Smithe delivers downtown living in one stylish package KATHLEEN FREIMONDThe Vancouver Sun The Smithe Project address: 885 Cambie Street, Vancouver Developer: Boffo Developments Architect: GBL Architects Interior designer: Trepp Design Inc. Project size: 27-storey highrise; two- and three-bedroom homes Unit size: 1,000 – 1,429 square feet (not including penthouses) Price: $1.2 million+ Sales centre: […]

  10. New rules home in on condo flippers

    The Vancouver Sun   If you sold your home last year, this tax season you will be required to report some basic information on that sale on the newly updated Schedule 3 “Capital Gains (or Losses) in 2016” of your tax return to be able to claim the principal residence exemption and have the gain […]