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  1. Centra 13868 101 Avenue Surrey 24 storey highrise with 167 homes by Everst Group

    Amenities at Surrey’s Centra towers to include shared work spaces. Michael BernardThe Vancouver Sun Centra is a project from the Everest Group of Companies in Surrey. PNG All Centra homes feature wide-plank laminate wood flooring and expansive windows that are covered with stylish roller shades for clean, modern lighting control. Kitchens feature Caesarstone countertops, a […]

  2. Multifamily building permits hit a record high in December

    Building permits across Canada up Steve RandallCanadian Real Estate Wealth The total value of building permits issued by Canadian municipalities was up 6% (month-over-month) in December to $8.8 billion, with multifamily and commercial intentions taking the lead. Statistics Canada says that the multifamily sector was up 11.1% to post a record high of $3.3 billion. […]

  3. Centra 13852 101 Avenue Surrey 167 homes in a 23 storey tower by Everest Group

    Co-working spaces a unique offering at Centra Michael BernardThe Province With Surrey’s new gleaming city centre poised to become British Columbia’s next big business hub, the developers of Centra are helping those buyers who are also small business people grow along with that trend. Centra is offering co-working spaces in the new residential highrise project […]

  4. Avani Centre 13586 98 Avenue Surrey 181 homes in a 30 storey tower by Avani Investment Group

    Future residents of Avani Centre will have tower?s developer as neighbour ROBIN BRUNETThe Province Avani Centre with its shimmering curtain wall promises to be a visually stunning addition to Surrey City Centre. But one of the most remarkable attributes of this 30-storey residential tower is not the architectural detail per se, but that its developer, […]

  5. Owner’s insurance claim can’t be blocked

    It’s all about the deductible Tony Gioventu The Province Dear Tony:  Our building had a pipe break between two units flooding out my condo, a common hallway and our building entry. Our strata corporation has a current deductible of $5,000 and the property manager determined the value of damages to my unit were only $5,500. […]

  6. University District South Tower 10448 University Drive Surrey 431 homes in a 38 storey tower by BlueSky Properties

    University District to take its place in a rapidly emerging Surrey City Centre Michael BernardThe Province University District (South Tower) What: A 38-storey concrete highrise with a total of 431 studio, one-, two- and three-bedroom apartments and townhomes Where: 10448 University Drive, Surrey Residence size and prices: From 430 square feet; Studios and Junior one-bedrooms […]

  7. Vancouver is a “victim of its own success” says Avison Young

    Metro Vancouver facing office space shortage Steve RandallCanadian Real Estate Wealth Demand for office space in Metro Vancouver continues to rise while availability of units heads in the opposite direction. The market is now facing a leasing crunch as the vacancy rate approaches a record low; at the end of 2018 it was down to […]

  8. Mortgage rules are the prudent approach to underwriting says OSFI

    The Office of the Superintendent of Financial Institutions defends B-20 Steve RandallCanadian Real Estate Wealth The tighter mortgage rules introduced at the start of 2018 have been defended by the financial services regulator. The B-20 mortgage guidelines continue to be cited by Realtors for falling home sales and there have been countless calls for them […]

  9. Building permits rise 25%

    Canadian Building Permits BCREA The total value of Canadian building permits rose 6 per cent on a monthly basis in December to $8.8 billion. The increase was due to a record level of construction intentions for multi-family dwellings and commercial buildings across Canada.   In BC, the total value of permits increased 22 per cent […]

  10. This has never happened in the Fraser Valley before

    Home sales down in the Fraser Valley Steve RandallCanadian Real Estate Wealth There was a 2% decline in home sales in the Fraser Valley in January compared to the previous month. Sales were down 35.2% from January 2018 with 784 homes processed by the Fraser Valley Real Estate Board; 250 were residential detached homes, 190 […]