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  1. Home price hikes influenced by hot market

    Justin da RosaCanadian Real Estate Wealth Investors may have a few new markets to target, according to a recent report. Vancouver’s sky-high home prices have created a spill-over effect in outlying markets, with varying degrees of impact based on proximity to the city centre. “Price changes in the City of Vancouver are linked to prices […]

  2. Tighter home inspection regulation a boon for buyers

    Ephraim VecinaCanadian Real Estate Wealth The Ontario government has recently passed the Home Inspection Act 2017, which introduces minimum standards for home inspection contracts, home inspection reports, disclosures, and the performance of home inspections. The legislation will now require professionals to be licensed and insured before conducting home inspection. Moreover, written contracts must be signed […]

  3. Tighter home inspection regulation a boon for buyers

    Ephraim VecinaCanadian Real Estate Wealth The Ontario government has recently passed the Home Inspection Act 2017, which introduces minimum standards for home inspection contracts, home inspection reports, disclosures, and the performance of home inspections. The legislation will now require professionals to be licensed and insured before conducting home inspection. Moreover, written contracts must be signed […]

  4. Tighter home inspection regulation a boon for buyers

    Ephraim VecinaCanadian Real Estate Wealth The Ontario government has recently passed the Home Inspection Act 2017, which introduces minimum standards for home inspection contracts, home inspection reports, disclosures, and the performance of home inspections. The legislation will now require professionals to be licensed and insured before conducting home inspection. Moreover, written contracts must be signed […]

  5. Strata regulation sets condition for limited common property

    Health club access in dispute Tony GioventuThe Province Dear Tony: Our property is made up of a strata corporation with a highrise, townhouses and commercial property. We have a health club operated by the strata corporation, but only the residential owners have access to the club. As a commercial strata lot owner, we feel the […]

  6. Lumina Brentwood 2425 Beta Avenue Burnaby four towers with 900 homes by Thind Properties

    Nature infuses Lumina Brentwood Mary Frances HillThe Province Lumina Brentwood Project Address: 2425 Beta Ave., Burnaby Project Scope: Almost 1,000 new homes in Brentwood, with the first tower, Waterfall, featuring one-, two-, and three-bedroom suites Residence sizes and prices: 521 — 1,084 square feet; penthouse collection 956 — 2,146 square feet; starting in the $380,000s Developer and builder: Thind […]

  7. Six month trend of Canadian housing starts up in April

    Housing starts trend higher Steve RandallREP The 6-month trend of Canadian housing starts was up in April, reaching 213,768 units compared to 210,702 in March. CMHC figures show that the standalone seasonally-adjusted annual rate was 214,098, down from 225,305 in March with urban starts down 15.3 per cent. “New housing construction increased in Canada, with […]

  8. $100m Beverly Hills Mansion Goes Viral with Racy “Trailer”

    Andrea NazarianREW Can you imagine if West Vancouver mansions were marketed like R-rated movies? ? Opus Beverly Hills No, this isn’t a ballroom, this is a garage Gone are the days of sticking a “for sale” sign on the front lawn to sell your home. A relatively new marketing trend is emerging in the LA […]

  9. B.C. court rules notary public is responsible for tax owed by buyer

    Irina Sfranciog and Rachael SegalREM In Canada, resident sellers of a principal residence are usually eligible for an exemption from the capital gains tax that would otherwise be triggered by the sale of a principal residence. Non-resident sellers must pay a capital gains tax of 25 per cent on the profits from the sale of […]

  10. B.C. court rules notary public is responsible for tax owed by buyer

    Irina Sfranciog and Rachael SegalREM In Canada, resident sellers of a principal residence are usually eligible for an exemption from the capital gains tax that would otherwise be triggered by the sale of a principal residence. Non-resident sellers must pay a capital gains tax of 25 per cent on the profits from the sale of […]