Vancouverites stretching budget to buy their home Kerrisa Wilson other Vancouver is the most expensive city for residential real estate in the country and it’s forcing the city’s homebuyers to stretch their budgets to purchase homes in the hot market. In 2017, 48 per cent of homebuyers in Vancouver exceeded their budgets to buy homes, […]
Urbana the final phase of Kelowna project Michael BernardThe Vancouver Sun Pitt Meadows realtor Sonny Mann was so impressed with Mission Group’s Urbana in Kelowna that he jumped in and bought a home for his family, sight unseen. Then he bought for his wife’s relatives, followed by his clients. Part of the attraction, he said, […]
Boffo Properties’ Haven townhome project to take its place in Port Coquitlam Simon Briault The Vancouver Sun Boffo Properties? Haven townhomes in Port Coquitlam will include large decks, two-car garages, and either three or four bedrooms with spacious open concept interiors. Buyers who are moving up from a condominium will enjoy the space offered at […]
Homeowners in Vancouver and Toronto believe foreign investors driving up home prices Steve RandallMortgage Broker News Homeowners in Vancouver and Toronto believe that foreign investors are driving up home prices but that isn’t backed up by official figures. A new Housing Market Insight from the CMHC shows that 68% of survey respondents in Vancouver and […]
Over half of buyers encountered bidding wars Ephraim VecinaMortgage Broker News The newest Housing Market Insight (HMI) released by Canada Mortgage and Housing Corporation (CMHC) reported that over half of buyers encountered bidding wars in the country’s housing markets. According to the study, fully 55% of buyers experienced a bidding war in Toronto and Vancouver, […]
The world will see fewer new foreign buyer restrictions Neil SharmaMortgage Broker News According to a report compiled by Juwai.com—arguably the most vast real estate data base catering in the world catering specifically to Chinese buyers—“the world will see fewer new foreign buyer restrictions imposed on top Chinese property destinations in the year ahead than […]
The US-based real estate listing website Zillow will display Canadian listings REBGVother The US-based real estate listing website Zillow will display Canadian listings by the end of the year after signing a partnership deal with Century 21. This is the first such deal Zillow has made in Canada. We haven’t, as yet, received brokerage requests […]
Stellar outlooks will be on offer at British Pacific Properties? Courtenay Mary Frances Hill The Province Courtenay What: 39 residences in the Mulgrave Park neighbourhood of West Vancouver Where: 3101 Burfield Place, West Vancouver Developer and builder: British Pacific Properties Residence sizes and prices: one-bedroom; two-bedroom; two-bedroom and flex; three-bedroom; three-bedroom and flex, from 700 […]
Governments to build new affordable housing REP The British Columbia government has signed a deal with Ottawa that will see nearly a billion dollars injected into affordable housing across the province over the next decade. The provincial and federal governments say more than $990 million will be spent on building, repairing and expanding social housing […]