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  1. Chinese demand for Canadian housing is picking up speed again, but not in the usual hot spots

    Chinese buyers looking at Halifax, Calgary, Montreal and Ottawa Josh Shermanother Chinese homebuyers are showing increasing interest in Canadian real estate again — just not in the in the same places as they were before, a new report suggests. Juwai.com, a real estate portal that connects residents of China with homes abroad, says Chinese enquiries […]

  2. Rough winter weather made home sales in Toronto and Vancouver go from bad to worse

    RBC report shows a very slow February Josh Shermanother Higher interest rates, tougher mortgage rules, and special taxes against foreign homebuyers and speculators aren’t the only headwinds cooling some of Canada’s major housing markets this winter. Toronto and Vancouver were slammed with snowy February’s, and that could explain — at least some of — the […]

  3. Resources for REALTORS

    Conversations on Cannabis ‘ Strata Properties BCREA The legalization of cannabis opens up new risks for homeowners and new opportunities for REALTORS® to add value as trusted advisors as consumers make the biggest financial decision of their lives. That’s why BCREA has launched a series of videos called Conversations on Cannabis. Click here to view […]

  4. B.C.’s softening real estate segment to drag down the economy

    Conference Board of Canada’s study predicted economy slowdown Ephraim VecinaCanadian Real Estate Wealth British Columbia’s moderating housing market will have a domino effect of overall weakness in the provincial economy, the Conference Board of Canada predicted in its study released last week. Some ongoing energy megaprojects might help alleviate some of the pain, according to […]

  5. Vancouver’s homebuyers remain in the driving seat

    Vancouver becoming a buyer’s market Steve RandallREP As the spring buying season approaches, Metro Vancouver’s housing market continues to exhibit weakness with buyers firmly in control. February’s data from the Real Estate Board of Greater Vancouver shows a 32.8% drop in sales year-over-year to 1,484, more than 42% below the 10-year average for the month. […]

  6. Vancouver-based developer opens sales after constructing condos

    Aragon Developments build first then sell Neil SharmaCanadian Real Estate Wealth Arguably the greatest risk to preconstruction condo purchases is show suites often don’t conceal the true state of delivered units. But a Vancouver developer has found a way around that. Aragon Developments builds its condomniums before opening sales to the public—a virtually unheard of […]

  7. B.C. seniors with unrentable homes near Vancouver face huge speculation tax bills

    Belcarra cabins charged speculation tax JOHN LEHMANNThe Globe and Mail Seniors who own rustic cabins that are in no shape to be on the rental market say they face thousands of dollars in speculation taxes because their properties fall within the Vancouver-area boundary where the levy applies. Neil Belenkie, mayor of the remote village of […]

  8. Non-resident buyers’ impact on BC revealed

    5% of residential property in Metro Vancouver owned by non-residents Neil SharmaREP While it’s no surprise that non-resident buyers comprise a substantial portion of British Columbia’s housing market, a Canada Mortgage and Housing Corporation representative elucidated just numerous they are, and questioned when society at large should be concerned. “The data shows that 4.8%—so let’s […]

  9. Soleil 1588 Johnston Road White Rock 178 homes in a 26 storey tower by RDG Management

    Soleil trades on an unbeatable location Simon Briault The Vancouver Sun Soleil Project location: 1588 Johnston Road, White Rock Project size and prices: 178 homes, ranging in size from 638 to 1,795 square feet. There are one-, two- and three-bedroom plans available and prices range from $474,900 to $2,199,900 Developer: RDG Management Architect: Ciccozzi Architecture […]