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  1. Incorrect owners’ lists could be a worry

    Accuracy essential if strata corporation intends to conduct business in a fair manner Tony Gioventu The Province Dear Tony: Our strata corporation has 158 residential units. At our recent annual general meeting, we had complaints from 10 owners that they had not received the notice package. Luckily, a council member posted a reminder in the […]

  2. The Trails 603 East 2nd Street North Vancouver 300 townhomes, phase one 62 townhomes, by Wall Group of Companies

    North Van’s Moodyville to be home to The Trails Kathleen FreimondThe Province The Trails Where: 603 East 2nd Street, City of North Vancouver What: Over 300 townhomes (First phase: 62 townhomes) Residence sizes and prices: 1,266 to 2,183 square feet; from $1,159,000 Developer: Wall Group of Companies Sales centre: 603 East 2nd Street, North Vancouver […]

  3. Toronto and Vancouver investors, take heed

    Real estate investors in Toronto and Vancouver should sell now Neil SharmaCanadian Real Estate Wealth According to Calum Ross, a leverage wealth expert and VERICO broker with Mortgage Management Group, real estate investors in Toronto and Vancouver should sell now. “What I can say with absolute certainty is, as we know from a real estate […]

  4. Improved access to Toronto home sales data facing major roadblock

    TREB to regulate sales data Canadian Real Estate Wealth The Toronto Real Estate Board is threatening real estate companies it says are “jumping the gun” by releasing Greater Toronto Area home sales data from unknown sources before the board has permitted it. The board sent cease-and-desist letters, warning it will take away data access and […]

  5. Major tech player confirms allure of Toronto real estate

    Microsoft to open office in Toronto Steve RandallCanadian Real Estate Wealth Toronto is home to some of the world’s most innovative technology companies and now arguably the most famous name in tech has announced a major real estate investment in the city. Microsoft will base its Canadian operations in a new state-of-the-art headquarters in 132,000 […]

  6. Commercial sector shows promise in Q2

    Big transactions boost commercial real estate Natalie WongCanadian Real Estate Wealth Canadian commercial real estate investment reached new heights in the second quarter, boosted by a pair of big acquisitions and by the lure of attractive, income-producing property.   Transactions reached C$16.5 billion ($12.5 billion). That’s 38 percent more than the previous record, set in […]

  7. Single-family detached market crushed under weight of bureaucracy

    Greater Toronto single-family detached market declining Neil SharmaCanadian Real Estate Wealth That the Greater Toronto Area’s single-family detached market is in steep decline is no secret, but according to the president of the Residential Construction Council of Ontario, it’s worse than originally thought. “We’ve got a serious problem in the marketplace, where if you go […]

  8. Activity in the Fraser Valley hit a 2018 low last month

    FVREB showed a 38% drop in sales Steve RandallCanadian Real Estate Wealth Home sales in the Fraser Valley fell 10.5% in the month from July to August to a new 2018 low. The 1,155 sales represented a 38.5% drop from August 2017 while prices continued to rise (year-over-year) across all main property types according to […]

  9. Rentals.ca August 2018 Rent Report

    Vancouver rent prices up slightly other Sept. 10, 2018 While the media often talks about the skyrocketing rent prices in Vancouver and Toronto, in August, most major Canadian cities saw a drop or a minor increase month-over-month. The largest jumps were actually in suburban communities and smaller cities. Aside from Halifax – where rent has […]

  10. Canada’s commercial real estate investment sets new record

    Q2 2018 38 per cent above previous high Steve RandallREP Investment in Canadian commercial real estate has reached a new record high, beating the previous record set in Q1 2017. Q2 2018 saw $16.5 billion of CRE transactions, 38% above the previous high of $11.97 billion and 105% above the 5-year quarterly average. The half-year […]