Hadleigh on the Park exudes a charming Coquitlam ambience Kathleen FreimondThe Vancouver Sun Hadleigh on the Park Project address: 3306 Princeton Avenue Project city: Coquitlam Developer: Polygon Hadleigh on the Park Ltd. Architect: Formwerks Architectural Interior designer: Polygon Interior Design Ltd. Project size: 88 homes Bedrooms: four and five Unit size: approximately 2,100 to 2,450 […]
Canadian home sales fall in February, average price down ALEKSANDRA SAGANThe Vancouver Sun The average price for homes sold last month was down 5.2 per cent from last year as the number of sales dropped to a 10-year low for the seasonally weak month of February, the Canadian Real Estate Association reported Friday. The national […]
Upscale homes in Intergulf?s Hunter at Lynn Creek will take their place in a vibrant, mixed-use community ROBIN BRUNETThe Vancouver Sun The success of any new residential development is heavily dependent on location, and in the case of Hunter at Lynn Creek, the location is unique. Imagine a brand new village of gleaming residential towers […]
B-20 impacts BC housing market Steve RandallCanadian Real Estate Wealth The British Columbia housing market continues to struggle with the impact of the B-20 mortgage guidelines. The stress test that was introduced more than a year ago is still weakening demand with home sales in February down 27% year-over-year to 4,533 according to MLS data […]
Canadian home prices declined in February Steve RandallCanadian Real Estate Wealth Canadian home prices declined in February, with a key measure posting the largest drop for the month outside of a recession. The only time there was a larger pullback in the Teranet-National Bank National Composite House Price Index’s 19-year history was during the recession, […]
Owners are entitled to be informed about all expenses Tony GioventuThe Province Dear Tony: I am new to my strata council. I purchased five years ago and our strata is very well run; however, a number of questions came up at our AGM that made me start to wonder if everything really is as reported. […]
1 in 5 people will need second mortgage Steve RandallREP Canada’s household debt levels will force around 1 in 5 people with debt to sell assets to stay above water. A Leger poll conducted for the Financial Planning Standards Council and Credit Canada has revealed that 24% of men are in this situation compared to […]
REBGV: Embracing change other President’s Report In reflecting on our history, one thing is clear: we’re a resilient group. We’ve dealt with many challenges over the decades, and faced each one armed with expert knowledge, tenacity, and courage. That’s the REALTOR® spirit, and the 100-year history of our Board is evidence of this spirit. We’ve […]
Luxury home price growth slowed to 0.4% Steve RandallCanadian Real Estate Wealth The growth of prices in the luxury housing market has shown a significant slowdown according to a global survey by Savills. The real estate firm’s world cities prime residential index saw the smallest annual increase since the global financial crisis, just 2.3% in […]
B-20 negatively affecting housing affordability Steve RandallCanadian Real Estate Wealth The body representing real estate agents in BC is urging the federal government to review the B-20 mortgage guidelines and the stress test in particular. British Columbia Real Estate Association says that the requirements of the rules are negatively affecting housing affordability in the province […]