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  1. The Heights on Austin 344 homes in two towers – East Tower 1045 Austin – West Tower 505 Nelson by Beedie Living

    The Heights on Austin to comprise two 25-storey towers Simon BriaultThe Province The Heights on Austin, a project from Beedie Living, will include 344 homes. Spectacular outlooks will be on offer at The Heights on Austin Bathrooms will be fitted with custom mirrors, porcelain floor tiles and undermount sinks Kitchens will have LED under-cabinet lighting […]

  2. Colliers makes landmark sale of Vancouver multifamily asset

    Surrey Gardens Apartment complex sold Steve RandallMortgage Broker News Colliers International is celebrating the sale of one of the largest multifamily investment assets in Vancouver. With 3 wood-framed apartment buildings, 223 residential units, 11,000 square feet of retail, and all set in around 5.9 acres, the Surrey Gardens Apartment Portfolio sale was the first since […]

  3. September home sales surge signals the real estate market is returning to equilibrium

    In September were up in both Toronto and Vancouver, housing prices presented a different picture Murtaza Haider and Stephen Moranis The Vancouver Sun Housing markets in Toronto and Vancouver appear to be on the mend, as both gained strength over the summer and have posted a record increase in sales in the fall. September housing […]

  4. New home prices rise for the first time in more than a year

    There is slight increase in the price of new housing nationally Steve RandallMortgage Broker News There was a slight increase in the price of new housing nationally in August. Prices were up 0.1% from July, the first increase since July 2018, led by notable increases in the Sherbrooke (2.1%), Montreal (1.1%), and Trois-Rivieres (0.5%) CMAs […]

  5. This is the largest driver of Canada’s population growth

    Population growth continues to drive Canadian condo market activity Ephraim VecinaMortgage Broker News Much of the growth in Canada’s population and consumer base can be attributed to immigration, according to Statistics Canada. Latest figures from the agency showed that 82.2% of the population growth seen in 2018/2019 stemmed from immigrants and non-permanent residents. During this […]

  6. Promises, promises: CEO warns election rhetoric could boost home prices

    Tunnel vision on housing could raise home prices Kimberly GreeneMortgage Broker News During this federal election cycle, Royal LePage President and CEO Phil Soper said it’s encouraging that the candidates have focused so much thought and time to housing issues. As candidates compete for undecided votes, however, Soper warns that taking a singularly focused approach […]

  7. Teranet partnership takes real estate insights to new heights

    Nearmap Ltd. Joins Teranet in real estate information provider Steve RandallCanadian Real Estate Wealth A Canadian provider of information systems for the real estate, legal, and financial services industries, has announced a high-flying new partnership. Teranet will work with aerial imagery and location data experts at Nearmap Ltd, to deliver a suite of complimentary new […]

  8. Warning for real estate, mortgage pros as cyber attacks increase

    Cybersecurity training need for real estate Steve RandallCanadian Real Estate Wealth Real estate agencies and mortgage firms may be leaving themselves exposed to cyber attacks by not taking some simple steps. A new report from the Canadian Internet Registration Authority says that   71% of more than 500 individuals with responsibility for IT security decisions across […]

  9. Canadian housing activity benefits greatly from population growth

    Population growth continues to drive Canadian condo market activity Ephraim VecinaCanadian Real Estate Wealth A significant driver of Canada’s housing dynamism is its population growth, taking into account the latest sales figures from major markets. Statistics Canada data showed that the national population expanded by 531,497 to roughly 37.6 million in July, ending up as […]

  10. This year’s sales continue to outstrip 2018’s, amid weaker starts

    Slow housing starts not affecting sales Ephraim VecinaCanadian Real Estate Wealth Despite signs of housing starts losing steam, Canada’s home sales remain stronger compared to last year and the early months of 2019. “This continues to reflect strong demographic demand, both from international inflows and new households created within Canada,” Bank of Montreal senior economist […]