Vancouver Real Estate October 27, 2018

Story image for Vancouver Real Estate from Globalnews.ca

‘A buyer’s market’: The sub-million dollar detached house returns to …

Globalnews.ca-Oct. 26, 2018
WATCH: It’s another sign that Metro Vancouver’s hot real estate market is cooling off. The number of single family homes in the city listed for less than a million …

Story image for Vancouver Real Estate from Vancouver Is Awesome

Exclusive: Chinese buyer interest in Metro Vancouver real estate …

Vancouver Is AwesomeOct. 23, 2018
The number of inquiries on Metro Vancouver real estate between July and September exceeded even the height reached in 2017’s first quarter, the international …

Story image for Vancouver Real Estate from The Unshackled | Breaking the Chains of Control

The Unshackled | Breaking the Chains of Control

China buyers back hunting for Vancouver homes

Business in VancouverOct. 24, 2018
However, the number of inquiries on Metro Vancouver real estate between July and September exceeded even the height reached in 2017’s first quarter, the …

Story image for Vancouver Real Estate from Vancouver Is Awesome

Vancouver housing market showing ‘high degree of vulnerability …

Vancouver Is AwesomeOct. 25, 2018
The Metro Vancouver housing market is still exhibiting signs of overvaluation as … The quarterly Housing Market Analysis analyzes real estate markets across …
Canadian home prices easing, but market still ‘highly vulnerable’
Local SourceThe Globe and MailOct. 25, 2018

Story image for Vancouver Real Estate from Straight.com

Metro Vancouver trio, including Surrey pastor and son, commit fraud in …

Straight.com-Oct. 26, 2018
A B.C. securities panel found that three Lower Mainland men, including a pastor and his son, committed fraud in a realestate investment scheme.

Story image for Vancouver Real Estate from Better Dwelling

Vancouver Pre-Sale Real Estate Supply Is Ramping Up As Sales Drop

Better DwellingOct. 25, 2018
If you’re looking for a new condo in Greater Vancouver, a whole lot of supply is kicking around. Numbers from MLA Canada, a Vancouver-based real estate …

Story image for Vancouver Real Estate from Better Dwelling

Vancouver Is The Fastest Cooling Real Estate Market In Canada …

Better DwellingOct. 22, 2018
Last year’s booming real estate markets are this years fastest cooling ones. Canadian Real Estate Association (CREA) numbers show a major shift in SNLR in …

Story image for Vancouver Real Estate from Toronto Star

Real estate developers will have to change the way they do business …

Toronto StarOct. 24, 2018
VANCOUVER—At 12:35 a.m. on Saturday night, Kennedy Stewart learned he would be Vancouver’s next mayor — and, as an independent, would head a …

Vancouver land rush over as Metro housing market slows

Business in VancouverOct. 24, 2018
Toronto real estate consultantcy Altus Group Ltd. reports that Metro Vancouver residential land deals worth $1 million and up stayed even at $2.9 billion in the …

Story image for Vancouver Real Estate from Western Investor

Weekly Buzz: Mortgage rates and Vancouver residential market

Western Investor-Oct. 26, 2018
The week’s top stories focus primarily on the residential real estate market in Vancouver, from increasing mortgage rates to home sales statistics. For the fifth …

Story image for Vancouver Real Estate from Better Dwelling

This Week’s Top Stories: The US Fed Is Reporting Negative Canadian …

Better DwellingOct. 21, 2018
Canadian Real Estate Prices Turn Negative According To The US Federal … Canada’s Best Performing Real Estate Markets Aren’t Toronto Or Vancouver

Housing downturn will last another four years, analyst says

Business in VancouverOct. 24, 2018
A maverick real estate analyst who predicted Metro Vancouver’s housing crash a year ago says the current slump will stretch out for another four years.

Story image for Vancouver Real Estate from CTV News

Surrey pastor, son used money from real estate scheme for personal …

CTV NewsOct. 24, 2018
A Surrey, B.C. pastor, his son and a third man who told investors they were buying real estate in Edmonton instead used the money for personal expenses, …

Metro Vancouver housing market highly vulnerable despite easing …

Western Investor-Oct. 26, 2018
Metro Vancouver housing market highly vulnerable despite easing prices … The quarterly Housing Market Analysis analyzes real estate markets across Canada, …

In Vancouver election dominated by housing, voters face a crowded …

The Globe and MailOct. 20, 2018
In Vancouver election dominated by housing, voters face a crowded ballot: ‘Too …. And, as reported by The Globe and Mail, real estate developer Peter Wall …

As Vancouver’s new mayor, Kennedy Stewart will have to unite a …

The Globe and MailOct. 21, 2018
In many ways, the weekend vote revealed that the citizens of Vancouver are also … Mr. Sim and the NPA gave voice to those concerns and the real anger that is …

Luxury home sales drop 35% in Vancouver; high-end condo sales up

Vancouver Is AwesomeOct. 24, 2018
Sales of luxury homes in two of Canada’s most expensive cities fell this year, as the high-end real estate market continued to feel the impact of foreign buyers …

Kennedy Stewart prioritizes plan to make good on Vancouver’s …

Globalnews.caOct. 23, 2018
Vancouver’s new mayor is laying out a plan to make good on his election promise to build 85,000 new homes over the next decade.

‘Not just beef and oil’: Nenshi travels to Vancouver to woo tech talent to …

Toronto StarOct. 25, 2018
CALGARY—Mayor Naheed Nenshi is in Vancouver this week as part of a bid to … Statistics released this month by the Canadian Real Estate Association list the …

Condos, casinos, Cathay Pacific: Is Vancouver a city that has too much …

BNNBloomberg.caOct. 24, 2018
One academic terms the process “the Vancouver model”: a seamy mingling of clean and dirty cash in casinos, real estate, and luxury goods made possible by …

Story image for Vancouver Real Estate from The Globe and Mail

Inside the charity network that has helped wealthy donors get big tax …

The Globe and MailOct. 24, 2018
In specific cases going back a decade, the Vancouver-based charitable foundation …. facilitating illegal benefits in two real estate deals in which clients got their …

Story image for Vancouver Real Estate from BCBusiness

Property Watch: Will taxing profits from condo presales cause some …

BCBusiness-Oct. 26, 2018
It seems like just yesterday that the Vancouver condominium presale market attracted … to the Real Estate Board of Vancouver, down 2 percent year-over-year.

Story image for Vancouver Real Estate from National Post

Luxury home sales drop 35% in Toronto and Vancouver; high-end …

National PostOct. 23, 2018
TORONTO — Luxury home sales in two of Canada’s most expensive markets are down from a year, as the high-end real estate market feels the effect of foreign …

Vancouver builders challenged to be more inclusive

The Globe and MailOct. 24, 2018
Karen Ward lives in a Vancouver housing development that is supposed to be the symbol for how people from very different income levels and backgrounds can …

WiredScore marks one year in Canada with KingSett

Real Estate News EXchange-Oct. 26, 2018
An enthusiastic reception from tech-forward commercial real estate owners and … is the first development to achieve Platinum Wired Certification in Vancouver.

Interest rates and anxiety on the rise in BC

CTV NewsOct. 24, 2018
It’s a cliché in the real estate industry that now is always a good time to buy, but with interest rates jumping, … With a report from CTV Vancouver’s Jon Woodward.

BoC raises interest rates again – what that means for you

Vancouver CourierOct. 24, 2018
Penelope Graham of real estate website Zoocasa said the rate hike will affect anyone taking out a mortgage, whether fixed or variable, as the new target …

Big Fat Deal: $11 million for a grownup playpen in West Vancouver

BCBusinessOct. 25, 2018
Big Fat Deal: $11 million for a grownup playpen in West Vancouver … you inside one of the most outrageously upmarket real estate offerings in the province.

Cannabis store may come to Vancouver’s Dunbar neighbourhood

Business in VancouverOct. 23, 2018
Cannabis store may come to Vancouver’s Dunbar neighbourhood … A poll that real estate website Zoocasa released October 16 found that 64% of Canadian …

Gas deliveries for personal cars set for November launch in Vancouver

Business in VancouverOct. 23, 2018
CEO Michael Buhr told Business in Vancouver that the city’s real estate situation makes for a solid market in which to operate. As land value for gas stations …

Story image for Vancouver Real Estate from Vancouver Courier

Final phase of Fraserview Housing Co-op aimed at families earning …

Vancouver CourierOct. 25, 2018
… federation’s non-profit real estate arm — was also at the press conference, as were Luke Harrison, CEO of the Vancouver Affordable Housing Agency (VAHA); …

Story image for Vancouver Real Estate from Vancouver Courier

Vancouver Green Party councillors to push for citywide plan

Vancouver CourierOct. 23, 2018
The Vancouver Green Party, which elected three of its candidates to city council …. I like to ground decisions on real data, so I’d like to get that real data before …

Story image for Vancouver Real Estate from The Globe and Mail

Price gap between Toronto’s detached homes and condos narrows

The Globe and MailOct. 25, 2018
Aspiring real estate buyers in the 416 area code who want to move up to a detached … Big city markets such as Vancouver, Toronto and Calgary have struggled, …

Rate hike could ‘compound’ slowdown of BC real housing market: realtor

Vernon Morning StarOct. 24, 2018
The latest figures from the B.C. Real Estate Association show that residential … “They’re all leading towards a cooler housing market in Vancouver,” said Dinani.

Report shows BC consumer spending has dropped, while interest …

Toronto StarOct. 25, 2018
VANCOUVER—A new economic report Thursday shows that B.C.’s … due to a “significant” drop in consumer spending and a cooling in the real estate sector.

Patti Bacchus: What’s ahead for the new Vancouver School Board?

Straight.comOct. 25, 2018
It just so happens that the VSB owns that prime piece of Vancouver real estate the mall sits on, although the mail itself is owned by the Beedie Development …

Streetwise newsletter: Rogers near deal to sell magazines; lenders …

The Globe and MailOct. 26, 2018
Lenders to seize 13 Fortress real estate projects: Senior lenders have moved to … tax breaks – and their donations back: To some, the Vancouver lawyer at the …

Commercial taxpayers carry lopsided burden — Altus Group

TheChronicleHerald.caOct. 25, 2018
… a provider of advisory services to the commercial real estate industry, says its … Despite the decrease in the commercial rate, Altus reported that Vancouver …

You’ll soon be able to get gas delivered to your car in Vancouver

Vancouver Is AwesomeOct. 23, 2018
Drivers deterred by Vancouver’s dwindling supply of gas stations could soon get fuel … CEO Michael Buhr told Business in Vancouver that the city’s real estate …

Inside the charity network which has helped wealthy donors get big tax …

The Globe and MailOct. 24, 2018
In specific cases going back a decade, the Vancouver-based charitable foundation … large, unusual donations such as privately held securities and real estate.

Story image for Vancouver Real Estate from Better Dwelling

Canadians Withdrawing Home Equity Is Accelerating… Again

Better DwellingOct. 24, 2018
Office of the Superintendent of Financial Institutions (OSFI) filings reveal the balance of loans secured by real estate has reached a new high in August. Slowing …

Some advice for the winners in Vancouver’s election

Vancouver CourierOct. 22, 2018
I spent election night at CTV’s Vancouver studio with outgoing NPA councillor … council, I hope you will become more understanding of real estate economics.

Story image for Vancouver Real Estate from Toronto Star

$200000 property tax bill the last straw for 50-year-old paint store on …

Toronto StarOct. 23, 2018
The story behind the closure is a familiar one in Vancouver, where rampant realestate speculation has not only made it hard for residents to find housing but for …

Story image for Vancouver Real Estate from The Kingston Whig-Standard

Doing the math on affordability

The Kingston Whig-StandardOct. 22, 2018
As real estate prices in Metro Vancouver have risen toward the stratosphere, a public discussion about housing affordability seems to dominate water-cooler …

Story image for Vancouver Real Estate from Castanet.net

Power out grounds flights

Castanet.netOct. 25, 2018
A power outage at Vancouver International Airport’s domestic terminal forced the … A Surrey pastor, his son and a third man committed fraud in a real estate …

Story image for Vancouver Real Estate from Westerly News

State of the Island report foresees moderate economic growth

Westerly NewsOct. 25, 2018
The fourth annual report, prepared by MNP for the Vancouver Island … going on on Vancouver Island; a lot of it’s being driven by the residential real estate …

Story image for Vancouver Real Estate from CBC.ca

Drug user network launches human rights complaint against Aquilini …

CBC.ca-Oct. 26, 2018
The Aquilini Investment Group — owner of the Vancouver Canucks — is the … the Aquilini Investment Group, and CBRE Limiited, a commercial real estate firm, …

Story image for Vancouver Real Estate from Straight.com

Over time, the NPA council caucus at Vancouver City Hall could turn …

Straight.comOct. 22, 2018
Over time, the NPA council caucus at Vancouver City Hall could turn out to be far … been buying and holding real estate in several Vancouver neighbourhoods.

Story image for Vancouver Real Estate from Toronto Storeys

Toronto Storeys

Luxury condo market soars, while single-detached luxury home sales …

Canada NewsWire (press release)Oct. 23, 2018
Toronto and Vancouver luxury condo sales bolstered by local buyers, … “Many Canadian Baby Boomers saw the strength of the real estate market over the past …

Story image for Vancouver Real Estate from The Globe and Mail

Investors outlook 2019: What to watch out for in the year of fear

The Globe and MailOct. 24, 2018
Many money managers are worried about a possible real estate bust too, especially in Toronto and Vancouver. “We’ve been concerned about Canadian …