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  1. New anonymous tipline for reporting real estate misconduct2

    other The Real Estate Council of British Columbia is launching an anonymous tipline to enhance consumer protection in British Columbia’s real estate market.

  2. New anonymous tipline for reporting real estate misconduct

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  3. Judge rules Vancouver West End condo, Barclay Terrace at 1075 Barclay Street, assembly can be sold off despite holdout owners’ protests

    Stephanie IpThe Vancouver Sun A judge has ruled that the sale of a Vancouver West End assembly can proceed despite two holdout owners who believed the sale price was too low and that they were not kept informed during the sale process. Barclay Terrace is a 36-unit concrete complex built in 1992 and located at […]

  4. Tighter lending restrictions are making an impact in BC

    Steve RandallCanadian Real Estate Wealth The new mortgage rules that came into effect at the start of 2018 are having an impact on the market in British Columbia. The BCREA says that 6,206 homes were sold through the MLS in February, down 5.7% year-over-year, while prices were up 8.8% to an average $748,327. “More stringent […]

  5. B.C.’s new tax sparks fears of damaged economies across province

    by Dirk MeissnerCanadian Real Estate Wealth Communities across British Columbia are speaking out against the province’s proposed speculation tax on real estate, saying the levy could damage their economies. The Regional District of Nanaimo joined West Kelowna on Wednesday in asking the NDP government to rethink the tax, introduced in last month’s budget. West Kelowna […]

  6. Toronto, Vancouver trending in opposite direction from rest of country

    Canadian Real Estate Wealth Canadian home sales fell 16.9 per cent in February, while the national average sale price dropped five per cent, compared to a year earlier. New monthly numbers from the Canadian Real Estate Association also show that national home sales declined 6.5 per cent from January to February, the second consecutive monthly […]

  7. New mortgage rules behind slide in B.C. home sales

    New mortgage rules cited as B.C. sales slide The Vancouver Sun The British Columbia Real Estate Association says tough mortgage qualification rules are a key reason for a province wide drop in housing demand last month compared with February 2017. The association says home sales fell 5.7 per cent in February, with about 6,200 properties […]

  8. Strata council obliged to give residents notice of expense issues as soon as possible

    On budget deficits and deductibles Tony GioventuThe Province Dear Tony: Our strata has not replaced the plumbing, and with a number of common area leaks in the last two years, our deductible is at $100,000. With another pipe break in early January, the strata was faced with a $100,000 deductible for the claim that the property […]

  9. Fairwyas 22 townhomes in four buildings at 303 171 Street Surrey by Zenterra Developments

    Fairways showcases touches of glam Mary Frances HillThe Province Fairways What: A boutique-style development of 22 townhomes in four wood-frame buildings backing on to Peace Portal Golf Course Where: 303 – 171 St., Surrey Residence sizes and prices: Four-bedroom, three-level homes ranging to 2,110 sq. ft.; from $769,990 (Three-bedroom homes have sold out.) Developer and builder: Zenterra […]

  10. New Mortgage Qualification Rules Temper Housing Demand

    BCREA The British Columbia Real Estate Association (BCREA) reports that a total of 6,206 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in February, a 5.7 per cent decrease from the same period last year. The average MLS® residential price in BC was $748,327, up 8.8 per cent from […]