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  1. Condo Smarts: No one answer to water damage issues

    No one answer to water damage issues Tony GioventuThe Province Dear Tony: We are confused about the responsibility for repairing a strata lot when there is a minor leak causing damage. For example, a bird nest plugged one of our drains, resulting in a gutter overflowing and a unit being damaged because an owner left […]

  2. Boardwalk 19 three bedroom townhomes at 4294 Wolf Way Tsawwassen by Aquilini TFSI Development

    Developer unveils 15-hectare master mix of single-family homes, townhomes in Tsawwassen Barbara GunnThe Province With Tsawwassen Shores, Aquilini Development has had a long-established residential presence in the South Delta community. And in the months ahead, it will be doubling that presence courtesy of Boardwalk, a 38-acre master-planned community comprising a broad mix of homes. The […]

  3. Greater Vancouver homes for sale stockpile as buyers slow, prices slide: report

    Average price for Greater Vancouver homes drops Joanne Lee-YoungThe Province A benchmark price for homes across Metro Vancouver has fallen below the $1-million mark for the first time in two years. And the number of sales across the region dropped to the fewest since 2000, outstripping the lows seen in 2008 after the subprime mortgage […]

  4. Housing supply up, home sales and prices down in June

    REBGV July 2019 Stats Report REBGV With home buyer demand below long-term historical averages in June, the supply of homes for sale continued to accumulate in Metro Vancouver. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,077 in June 2019, a 14.4 per cent decrease from […]

  5. Young adults among the groups most vulnerable in the housing market

    Young Vancouverites ‘Straddling the Gap’ Neil SharmaMortgage Broker News In the throes of a full-blown housing crisis, younger Vancouver homebuyers have gotten much-needed reinforcements. Dr. Paul Kershaw, founder and lead researcher of Generation Squeeze, an advocacy organization for young Canadians, says that with an election looming it’s important to remind policymakers about some of the […]

  6. Making sense of Vancouver’s luxury condo market

    Luxury condo market may be losing some of its lustre Joanne Lee-YoungThe Province The glut in Vancouver’s luxury condo market has been getting some attention as their counterparts in London, New York and Sydney have also been losing their lustre. At the height of the condo frenzy, well-heeled buyers from around the world were snapping […]

  7. Only 7% of Vancouver families can afford homeownership

    One in thirteen families can buy a home Neil SharmaMortgage Broker News With the mortgage stress test, only one in 13 Vancouver families can afford to buy a home. “Only one in eight families earns the income necessary to manage ownership costs in the Vancouver area, and one in five families in the Toronto area […]

  8. Debt servicing growing harder for more and more Canadians

    Debt-to-asset ratio of an average household has grown by 4.41% Ephraim VecinaMortgage Broker News A growing portion of Canadian households are finding it harder to service their assortment of debts, according to new data from Statistics Canada’s latest Survey of Financial Security. Among those who hold debts, around 11% missed or paid late their non-mortgage […]