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  1. Toppen Ridge 24 two and three bedroom townhomes at 237 Ridgeway Avenue North Vancouver by Formwerks Boutique Properties

    Toppen Ridge to make its home in North Vancouver’s Moodyville Kathleen FreimondThe Province Toppen Ridge, a project from Formwerks Boutique Properties, comprises 24 two- and three-bedroom townhomes. Toppen Ridge townhomes in North Vancouver will range up to more than 1,500 square feet with interior designs that feature a neutral pallet and a boutique feel Some […]

  2. Single-family detached homes give boost to Fraser Valley sales

    FVREB reported a 10% increase in May Sales Steve RandallCanadian Real Estate Wealth There was a slight rise in home sales in the Fraser Valley in May but sales remain 18% below the 10-year average. The Fraser Valley Real Estate Board reported a 9.7% month-over-month increase (13.7% year-over-year decrease) to 1,517 sales, driven by the […]

  3. 65-storey Burnaby tower at two Gilmore Place will be tallest in region

    Burnaby highrise will be the region’s tallest vertical village Randy Shore The Vancouver Sun The newly approved Concord Pacific Metrotown development will feature a 65-storey tower and test the vertical limits of the urban village concept. The tallest of the three towers to be built on the old Sears site in Burnaby’s Metrotown will be […]

  4. Aragon Properties to build condos before opening sales

    Novel sales pitch hits Vancouver Neil SharmaCanadian Real Estate Wealth A novel, if risky, idea is slated for Vancouver’s real estate landscape. Aragon Properties will be building two condominiums before even opening sales—a move that almost never occurs in Canada because developments must hit about 80% sales before financing can be secured. “We’re going to […]

  5. All levels of government inflaming housing crisis: Ipsos poll

    Governments are doing enough to improve the province?s housing situation Neil SharmaMortgage Broker News British Columbians are a frustrated bunch—and who could blame them? An Ipsos poll conducted on behalf of the Urban Development Institute found a strong majority of the 1,001 respondents don’t believe their governments, whether municipal, provincial or federal, are doing enough […]

  6. How to lose money developing a big-city casino

    Government decisions helped push Parq casino into “selective default” on a $560 million debt Glen Korstrom , Frank O’Brien Vancouver Courier Questions swirl around whether taxpayer money was used wisely in courting the Parq Vancouver entertainment complex development given that project’s financial woes. Yet a look at the process of delivering the city’s biggest casino […]

  7. Ottawa needs more commercial space to avoid economic risk

    Low vacancy in the office market is making growth difficult Steve RandallREP Ottawa is in demand from businesses, especially those in the technology and e-commerce sectors; but it needs to ensure inventory can keep up. That’s the warning from CBRE which says that the vacancy rates for offices and industrial real estate are being driven […]

  8. GTA new home sales jumped 123% in April

    Altus Group reveal 3,853 new homes sold in April Steve RandallREP There was some better news for the new homes market in the Greater Toronto Area in April as sales jumped 123% year-over-year. The Building Industry and Land Development Association (BILD) reports that figures from its official data source, Altus Group, reveal 3,853 new homes […]

  9. Conditions in BC not conducive to housing activity – analysis

    Existing policies and market conditions in BC prevent many buyers and sellers from fully participating in the market Ephraim VecinaCanadian Real Estate Wealth Existing policies and market conditions in BC prevent many buyers and sellers from fully participating in the market, according to Vancouver’s Central 1 Credit Union. The firm found that home sales in […]

  10. Seniors? housing segment across Canada in flux

    CMHC market analysis showed senior rentals in flux Ephraim VecinaMortgage Broker News Significant regional variances in senior housing activity were apparent over the past year, according to recent market analysis by Canada Mortgage and Housing Corporation. In its latest regional reports for the asset class, the Crown corporation said that the vacancy rate for seniors’ […]