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  1. What potential millennial clients in Ontario want in a home

    Ontario millennials want detached homes Gerv TacadenaREP Around four in five millennial homebuyers in Ontario are looking for detached and semi-detached homes, something the city has a limited supply of, according to the latest study by the Ontario Real Estate Association (OREA). The study said that these group of homebuyers are more interested with detached, […]

  2. Are real estate groups doing enough to fight money laundering?

    FinTRAC found many real estate companies not complying with anti-money laundering rules Gerv TacadenaREP An assessment from the Financial Transactions and Reports Analysis Centre of Canada (FinTRAC) showed that many real estate companies are failing to comply with anti-money laundering rules. Citing the FinTRAC 2017-2018 assessment, the Organized Crime and Corruption Reporting Project (OCCRP) said […]

  3. How BC realtors can help clients alarmed by the province’s condo insurance woes

    REBGV has added an insurance clause on contracts Clayton JarvisREP Realtors, condominium owners and prospective condo buyers in British Columbia have slowly had the rug pulled out from under them since autumn 2019, when word first started seeping out that the province’s strata corporations – essentially the owners of multi-family projects like condo towers and […]

  4. Canadian reverse mortgage debt tops $4BN for first time

    Reverse mortgage debt increased 13 per cent over one year, as more seniors choose to stay in their homes Vancouver Courier Reverse mortgage debt in Canada has topped $4 billion for the first time, according to Office of the Superintendent of Financial Institutions (OSFI) filings analyzed by housing blog Better Dwelling. A reverse mortgage is a […]

  5. Morneau – government won’t knee-jerk on coronavirus impact

    The government will respond appropriately as the economy develops Steve RandallREP With the spring housing market imminent, many industry professionals are wondering what impact the COVID-19 coronavirus outbreak will have on sales. The rout on the stock market – the TSX lost $218 billion in market value Monday – and wavering consumer confidence may be […]

  6. Is it wise to invest in a pre-con condo?

    Investing in a pre-construction condominium might be a viable strategy Gerv TacadenaCanadian Real Estate Wealth Investing in a pre-construction condominium might be a viable strategy, but there could be potential downside risks, said an expert. John Pasalis, president at Realosophy Realty, said there are three key things investors should consider when thinking of buying a […]

  7. Hard to lose in Surrey housing market

    Thanks to lack of investor mania, fast-growing diverse city offers unusually stable prices Douglas ToddThe Province “We don’t have any billionaires getting off the plane at YVR and heading straight out to Bear Creek Park in Surrey to buy a house,” says veteran realtor Sukhi Kang. Surrey has not been a mecca for wealthy offshore […]

  8. Reviewing all transactions is serious business

    Routine audit is recommended on operating budget Tony GioventuThe Province Dear Tony: Our property manager asks us to approve the financial statements each month and last month our treasurer noticed there was a duplication for a bill from the three previous months.  The error was tracked down to a simple accounting duplication that was resolved, […]

  9. Chateau Laurier 1009 Laurier 11 luxury condos by Landa Global Properties

    Stately neighbourhood inspires design of Shaughnessy’s Chateau Laurier Michael BernardThe Province Shaughnessy, Vancouver’s original posh neighbourhood, has its roots in the development of the Canadian Pacific Railway, Canada’s first transcontinental railway. In fact, it was named after Thomas Shaughnessy, one of the railway’s presidents. Just two decades after the last of 30 million iron spikes […]

  10. Highpointe 11641 227 Street Maple Ridge 153 homes in a 6 storey building byConcordia Properties

    Highpointe offers urban design, stunning views in quiet setting ROBIN BRUNETThe Province The images of Highpointe depict a beautiful, horseshoe-shaped condo complex with staggered terraces and plenty of signature architectural details, overlooking the Fraser River, an adjacent park, local mountains and Mt. Baker. But one of Highpointe’s main selling points, apart from aesthetics, is that […]