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  1. Bordeaux 4488 Juneau Street Burnaby 140 one, two and three bedroom homes in a 23-storey tower by Solterra Group

    Two beautifully outfitted display homes showcase the possibilities at Solterra?s Bordeaux Kathleen FreimondThe Vancouver Sun Bordeaux Project address: 4488 Juneau Street (corner Willingdon Avenue) Project City: Burnaby Developer: Solterra Group of Companies Architect: GBL Architects Interior designer: Solterra Group of Companies Project size: 140 one-, two- and three-bedroom homes in a 23-storey building Unit size: 457 square […]

  2. Vancouver luxury property Is North America’s worst performer

    Luxury home prices have dropped Canadian Real Estate Wealth The party’s over for now for those sitting on Vancouver’s most expensive properties. Prices at the top end of the market plunged 7.6% in the six months to March, making it the world’s second-worst performer during that period, according to the latest global survey of prime […]

  3. Luxury homes are gaining value almost everywhere

    Luxury homes sales down, prices up Steve RandallCanadian Real Estate Wealth Canada’s luxury homes market is brushing off the headwinds of changes to housing and mortgage lending policies that have been introduced over the past year. Most Canadian housing markets are showing rising values at the top end, despite falling sales in the Greater Vancouver […]

  4. Boomers or millennials: Who had it tougher in the Toronto housing market?

    Despite recent market softening, prices for condos, townhomes and houses for sale in Toronto remain exorbitantly expensive Penelope GrahamREM The plight of the millennial Toronto home buyer has been a turbulent one; for this generation, the search for the perfect abode has been defined by downsized expectations, sky-high prices and steep competition. While some chalk […]

  5. It just got harder to qualify for a mortgage

    Another blow for borrowers Steve RandallREP An important number that affects the ability of millions of Canadians to qualify for a mortgage has changed. The Bank of Canada has raised its conventional five-year mortgage rate from 5.14% to 5.34%. The rate is the one used for stress tests under the B-20 mortgage lending guideline so […]

  6. The Bank of Canada raised five year mortgage rate to 5.34 per cent

    Another blow for borrowers Armina LigayaREP The bar is now higher for homebuyers to qualify for mortgages in Canada after the central bank raised a key metric used in stress tests that determine borrowers’ eligibility. The Bank of Canada raised the conventional five-year mortgage rate from 5.14 per cent to 5.34 per cent after all […]

  7. Making sense of common and limited common property

    Confirm installation cost before you proceed Tony GioventuThe Province Dear Tony: We put in a written request to our strata council to install a charging station for our new car and the strata council has refused to give us permission. Our parking is common property and the council has said it doesn’t want to open […]

  8. Lily Terrace 23203 Francis Avenue For Langley 24 homes on three quarter acres by Lanstone Homes

    Fort Langley homes feature country look with contemporary touches Mary Frances HillThe Province   Lily Terrace Where: 23203 Francis Ave., Fort Langley What: 24 residences on a three-quarter-acre site with 17,000 square feet of office and retail space Residence sizes and prices: One-bedroom-plus-den, two -bedroom and two-bedroom-plus-den homes, ranging from 1,019 to 1,366 square feet; from the mid $849,900 Developer: Lanstone Homes Sales […]

  9. Realtors, developers brace for sustained market downturn

    ?Perception and fear trump fundamentals? in pre-sale condo market Frank O’BrienWestern Investor High-profile real estate developers, marketing executives and real estate agents are bracing for a sustained downturn in the housing market after sales in April – usually one of the most active months of the year – plunged by double-digits across Metro Vancouver. Vancouver […]

  10. Scotiabank hikes interest rate

    REP Scotiabank has joined its Big Five banking peers in raising its benchmark fixed-rate mortgage rate. Canada’s third-biggest lender raised the posted rate for a five-year fixed-rate mortgage from 5.14 per cent to 5.34 per cent, effective Tuesday, while also increasing the posted rates for other terms. Late last month, TD Bank was the first […]