Creekside Estates in Hope boasts prairie styling mixed with a modern West Coast feel Kathleen FreimondThe Vancouver Sun Creekside Estates Project address: 63650 Flood Hope Road, Hope Developer: RDG Management Ltd. Architect: Cutstone Home Designs Interior designer: Creative Design Works Project size: 30 single family homes Bedrooms: two and three Unit size: 1,453 to 1,967 […]
Pelican Cove the latest offering at Aquilini?s master-planned Tsawwassen Shores Simon BriaultThe Vancouver Sun Pelican Cove at Tsawwassen Shores Project location: 1875 Tsawwassen Drive Project size: 42 townhomes and 20 duplexes; two to four bedrooms; homes range in size from 1,270 to 1,700 square feet and prices start at $599,900. Developer: Aquilini Interior designer: First […]
Steve RandallCanadian Real Estate Wealth A typical household in Toronto would need to spend 72 per cent of their income on an average priced house. The staggering statistic is highlighted in a new report from RBC which says affordability worsened in the first quarter of 2017 to its lowest point ever and brings the GTA […]
Allison JonesCanadian Real Estate Wealth TORONTO, Ontario is proposing banning the practice of double ending, in which a real estate agent represents both a buyer and a seller in a transaction. The province’s Liberal government announced a 16-point housing plan earlier this year, with centrepiece planks of a 15 per cent foreign buyer tax and […]
Joannah Connolly REW Just 2.8% of home sales in Metro Vancouver went to overseas buyers between August 2, 2016 – the date of the foreign buyer tax launch – and May 31, 2017, according to data released June 28 by finance minister Mike de Jong. According to de Jong’s June 2017 fiscal update, the proportion […]
Days of low rates could be ending Drew Hasselback The Vancouver Sun Canada’s long ride with rock bottom interest rates appears to be coming to an end. Stephen Poloz, governor of the Bank of Canada, has dropped a big hint that for the first time in seven years, the bank will be pushing Canadian interest […]
New owner discovers change to bylaws Tony Gioventu The Province Dear Tony: Our strata of 48 townhouses passed new bylaws in April this year. One of our council members had agreed to file the bylaws that were issued with the notice, and properly passed by a three-quarter vote resolution with no amendments. However, a new […]
Park Boulevard a striking addition to Surrey Mary Frances HillThe Province Park Boulevard Where: 9887 Whalley Boulevard, Surrey What: 419 homes in a 41-storey tower Residence sizes and prices: One-bed from approximately 529 sq. ft.; two-bed from approximately 647 sq. ft., three-bed from approximately1,015 sq. ft. Prices available on request Developer and builder: Concord […]
Region?s Stock of Move-In-Ready New Homes ?Falls Off a Cliff? Joannah Connolly REW Inventory of completed, unsold new multi-family homes plummets to almost zero, with not one finished townhouse available in Vancouver proper, says report New concrete condos told a similar story, with standing inventory reaching a record low of 11 units in the first […]
Theophilos Argitis and Maciej OnoszkoCanadian Real Estate Wealth The Canadian dollar rallied to a four-month high and investors ramped up bets for a rate increase as early as next month after Bank of Canada Governor Stephen Poloz reiterated the central bank may be considering higher rates. The nation’s currency jumped 1 percent to C$1.3072 per […]