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  1. Policy Induced Demand Slide Does Little to Impact Supply

    BCREA The British Columbia Real Estate Association (BCREA) reports that a total of 7,409 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in March, a 24.6 per cent decrease from the same month last year. The average MLS® residential price in BC was $726,930, up 5.3 per cent from […]

  2. 1 in 4 homebuyers pressured by stress test but spring still looks good

    Steve RandallREP A quarter of Canadian homebuyers say they are feeling pinched by the new mortgage stress test that came into effect in January, but the spring season is still looking positive. A survey conducted by Leger for RE/MAX shows that most markets are set to remain stable or improve, and there is overall optimism […]

  3. Nearly half of mortgages face renewal in 2018: CIBC

    Armina Ligaya The Vancouver Sun Nearly half of all existing mortgages in Canada will need to be renewed this year, substantially more than in prior years, according to a new report, amid rising interest rates and new rules that make it tougher for some borrowers to shop around. A CIBC Capital Markets report suggests an […]

  4. Closely examine terms of pre-sale agreement

    Tony GioventuThe Province Dear Tony: I purchased a condo two years ago before it was constructed. At the time, the price was negotiated at $595,000 and we paid 10 per cent down as a deposit. The property is now coming available for us to move in, but we have received a notice from the developer […]

  5. The Links Residences 55 townhomes at 7979 152nd Street Surrey by Infinity Properties

    The Links showcases impressive design, upstairs and down Mary Frances HillThe Province The Links Residences What: A collection of 55 three- and four-bedroom townhouses adjacent to Guildford Golf and Country Club. Where: 7979 152 St., Surrey Residence sizes and prices: Homes range from 1,410 to 3,145 square feet; $670,000 to $710,000 for three-bedroom, two-bath and powder room, 1,410 to 1,421 square […]

  6. Sustainable Vancouver Presentation to Asian Real Estate association of America

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  7. AREAA Celebrates the 50th Anniversary of the Fair Housing Act of 1968

    As Fair Housing Act Turns 50, Landmark Law Faces Uncertain Future J. Brian Charles Asian Pacific Post This past Wednesday marked the 50th anniversary of the passage of the Fair Housing Act of 1968. Watch the video above to hear from AREAA members and leaders about how this historic act has affected their lives and […]

  8. 2018 one of busiest years ever for Canadian brokers

    Almost half of Canadian mortgages up for renewal REP Nearly half of all existing mortgages in Canada will need to be renewed in this year, substantially more than in prior years, according to a new report, amid rising interest rates and new rules that make it tougher for some borrowers to shop around. A CIBC […]

  9. Vancouver tackling vacancy issue

    New regulations to be enacted to free up rental housing Linda GivetashREP The city of Vancouver is moving to legalize short-term rental accommodation like Airbnb but operators will only be able to advertise their principal residence. Vancouver Mayor Gregor Robertson said Wednesday that new regulations to be enacted next week are designed to protect and […]

  10. Canadian banks troubled by housing market slowdown, fintech

    Ephraim VecinaREP Weakening activity in the residential real estate sphere along with the growing importance of financial technology firms represent formidable challenges for Canada’s banking industry, according to a new report from The Conference Board of Canada. “The impact of financial technology firms on the industry is growing, and to date this has been primarily […]