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  1. Canadian REIT index benchmark fluctuates during Q1

    REITs could roar off the floor Michael McNabbWestern Investor Canada’s real estate investment trust (REIT) market was not spared in the March sell-off as investors rushed to hit the sell button while the world’s economies shut down to fight the spread of COVID-19. The benchmark Canadian REIT index (S&P/ TSX Capped REIT Index) tumbled over […]

  2. Homebuyers pulling the trigger in the Fraser Valley and beyond

    The Fraser Valley?s affordability and lifestyle a magnet for home buyers Randy ShoreThe Province B.C.’s real estate market is showing extraordinary resilience in extraordinary times, with wild increases in sales across the province. “The Fraser Valley continues to be a magnet for families because of its affordability and lifestyle,” said Chris Shields, president of the […]

  3. Prices steady as resale home in Metro Vancouver housing sales on June-Q2, increase 17 percent than June, 2019

    Prices steady as resale home sales increase Metro Vancouver’s June housing sales up month-over-month and 17 per cent above June 2019 with prices higher than a year ago Glen KorstromWestern Investor Metro Vancouver posted 2,443 home sales in June, which was 17.6 per cent more than the 2,077 home sales in June 2019, and 64.5 […]

  4. Telling Tale of Two Hotel Sales in Victoria, an Award-winning Waterfront Property.

    Telling tale of two hotel sales In Victoria, an award-winning waterfront property sells to a developer for $5.6 million while B.C. taxpayers pay $14 million for a half-century old motel where the building is assessed at $90,000 Frank O’Brien?Western Investor The vagaries of the hotel industry and the political pressure of a pandemic played out […]

  5. Metro Vancouver New Condo sales starts to fall

    New condo sales, starts plummet in Metro Vancouver Frank O’Brien Western Investor Only two new condominium projects with 200 units launched in the six weeks ending May 15, down 75 per cent from the same period in 2019 A pandemic panic may be settling into Metro Vancouver’s once robust condominium market, at least for the […]

  6. Canada Revenue Agency will be taking a closer look at Real Estate transaction

    CRA to conduct cross-border investigation on real estate tax evasion Ephraim VecinaMortgage Broker News

  7. Canada Revenue Agency will be taking a closer look at Real Estate transaction

    CRA to conduct cross-border investigation on real estate tax evasion Ephraim VecinaMortgage Broker News

  8. Canada Revenue Agency will be taking a closer look at Real Estate transaction

    CRA to conduct cross-border investigation on real estate tax evasion Ephraim VecinaMortgage Broker News

  9. Canada Revenue Agency will be taking a closer look at Real Estate transaction

    CRA to conduct cross-border investigation on real estate tax evasion Ephraim VecinaMortgage Broker News The Canada Revenue Agency has announced that it will be taking a closer look at real estate transactions in the United States to search for Canadians with hidden income.  In its cross-border investigations, the CRA will be studying transactions spanning from […]

  10. Vancouver Real Estate Market and among other major markets marked slowdown

    Brokers: Vancouver market still a long way from full recovery Ephraim VecinaMortgage Broker News Despite the economy reopening, Vancouver is still far from its normal highs as one of Canada’s leading real estate destinations, according to local industry players. Amid the continued ravages of the COVID-19 pandemic, the market has been largely characterized by strict […]