Metro Vancouver sees world’s steepest plunge in luxury home prices
Vancouver Courier-Nov. 3, 2018
Look how far Metro Vancouver’s prime real estate has fallen. In this quarter’s ranking of luxury real estate price growth across 43 world cities – a chart that …
‘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 …
Opinion: Our unnerving real estate market – are you scared yet?
Vancouver Courier–Oct. 30, 2018
Although values at the top end of the real estate market are disintegrating and … Where I’m based, in Metro Vancouver, we’re beginning to see the return of the …
Top two BC real estate investment towns are up north, third near …
Business in Vancouver–Oct. 31, 2018
Top two B.C. real estate investment towns are up north, third near Lower … people from Metro Vancouver are moving in looking for work and affordable housing.
2019’s top five real estate investment towns in Western Canada
Vancouver Courier–Oct. 29, 2018
Where are Western Canada’s biggest hotspots for real estate investment in 2019? … a look outside of the usual suspects of Vancouver and the Capital region.
Property taxes drive Vancouver retailers to the wall
Business in Vancouver–Oct. 30, 2018
Earlier this year, Vancouver outdoor retail icon 3 Vets closed its doors and sold its building at 2200 Yukon Street after annual municipal property taxes on the site …
Vancouver’s practice of squeezing money from new social housing is …
Toronto Star–Oct. 29, 2018
VANCOUVER—As the city’s new mayor prepares to take office on a promise to … “But as soon as it gets put through legal and real estate that’s trying to extract a …
HBC, RioCan in talks to redevelop Vancouver property
The Globe and Mail–Oct. 31, 2018
Hudson’s Bay Co.’s prized Vancouver retail property is no longer for sale and the department store chain is now considering redeveloping the prime real estate …
Vancouver luxury market is a decidedly mixed bag
Mortgage Broker News–Oct. 31, 2018
Vancouver’s luxury real estate market is a curious study in contrasts, with demand and price growth performance in the single-detached and condo segments …
Industrial demand drives land prices sky-high
Business in Vancouver–Oct. 31, 2018
… inking the land sale with Standard Land Holdings Ltd., the real estate arm of … for an industrial site in Metro Vancouver, where existing buildings are selling for …
High-end home buyers in Toronto wait on sidelines for the right price
The Globe and Mail–Nov. 1, 2018
The real estate market in Toronto has been uneven throughout 2018, but a couple of … The report is based on a survey of 1,743 families in Vancouver, Calgary, …
Stewart promises to tackle housing crisis ‘as fast as possible’
Vancouver Courier–Oct. 30, 2018
Kennedy Stewart has made it clear that housing is Priority 1 on his agenda when he is sworn in as Vancouver’s first independent mayor in more than 30 years …
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 real–estate investment scheme.
Korean fund manager to invest up to $600-million in Canadian …
The Globe and Mail–Oct. 28, 2018
Fresh off its first Canadian real estate investment in October, KTB Asset Management Co. Ltd. is scouring Toronto and Vancouver for offices, hotels, distribution …
Vancouver builders and buyers survey a post-election housing …
The Globe and Mail–1 hour ago
Kirsty Barclay and Carol Ann Lang are two faces of Vancouver’s housing …. said Grace Kwok, a realtor with Anson Realty who is working with the developer.
This Week’s Top Stories: Toronto and Vancouver Find Itself With More …
Better Dwelling–Oct. 28, 2018
The CMHC isn’t super bullish on Vancouver real estate. They noted price growth “significantly” outpaced the growth of incomes. For this reason, they believe the …
Property Watch: Will taxing profits from condo presales cause some …
BCBusiness–Oct. 26, 2018
As of July, the average sale price in the city of Vancouver was about $860,000, according to the Real Estate Board of Vancouver, down 2 percent year-over-year.
Comment: Scales tipping against BC homeowners
Vancouver Courier–Oct. 29, 2018
Homeowners are asking these and many other questions — questions neither the provincial government nor the City of Vancouver appear to have considered, …
Industrial demand drives Metro Vancouver land prices sky-high
Vancouver Courier–Oct. 31, 2018
… Land Holdings Ltd., the real estate arm of Standard Building Supplies Ltd., … industrial property sales across Metro Vancouver hit $747 million, according to a …
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 …
Who is really doing the homebuying in our mad markets?
Real Estate News EXchange–Oct. 30, 2018
The residential real estate markets in Toronto and Vancouver can only be described as surreal. The homebuyers just keep coming, regardless of price.
Vancouver pauses effort to expropriate Sahota-owned hotels amid …
The Globe and Mail–Nov. 1, 2018
The city has expropriated properties in the past to make way for the construction of parks or roads, but it had never gone after real estate to punish a problem …
Is Apple coming to Vancouver to set up a corporate office—or not?
Straight.com-Nov. 3, 2018
News of Apple arriving in Vancouver was triggered by a third-quarter NAI … The Straight reached out to the real–estate brokerage seeking an explanation.
Experts urge zoning changes following report showing young families …
Toronto Star–Nov. 1, 2018
VANCOUVER — While more than half of homeowners have given up their dreams … According to a new report by luxury real–estate firm Sotheby’s International …
Coquitlam looks at Riverview heritage designation
Business in Vancouver–Oct. 31, 2018
Vancouver’s Gastown district, for example, noted Hodge, has the designation but still does redevelopment. Although the committee recommended revisiting the …
The Exchange lands Amazon; the NDP woos industrial users
Business in Vancouver–Oct. 31, 2018
Technology and co-working firms lead office tenant demand in Metro Vancouver, Jones Lang LaSalle (JLL) reports, driving 47% of deals in the region and 50% …
Big Fat Deal: $4.5 million to make Vancouver great again
BCBusiness-Nov. 3, 2018
Each week, BCBusiness takes you inside one of the most outrageously upmarket real estate offerings in the province. Address: 4063 W 28th Avenue, Vancouver.
Terry Glavin: There are more crucial issues than the colour of …
National Post–Oct. 31, 2018
Terry Glavin: There are more crucial issues than the colour of Vancouver’s … to a seedy gangland paradise of drug-money laundering and shady real estate …
Younger Canadians Not Interested In Raising Families In Condos: Study
HuffPost Canada–Nov. 1, 2018
In Vancouver, North America’s least affordable housing market, fully 55 per … He expects most people to spend their inheritance on real estate or paying off debt.
How the interior design world is catering to a growing market – single …
The Globe and Mail-Nov. 3, 2018
Single women like Lamour are a growing segment of the real–estate market. … Jamie Hamilton, co-founder of Vancouver’s popular interior design studio Oliver …
A more open real estate bidding process can benefit everyone, says …
CTV News–Oct. 28, 2018
Currently, in the majority of real estate transactions, interested buyers are asked to submit a bid through a blind offer process not knowing if there are other bids, …
Wealthy Urban Elites are Bankrolling the Opposition to Electoral …
PressProgress-Nov. 3, 2018
Ryan Beedie: a billionaire Vancouver-based real estate developer. Frank Carson: a … Amar Doman: the CEO of a major asset management firm in Vancouver.
Tight labour pool to plague Vancouver Island’s economy: report
Nanaimo News NOW (press release)–Oct. 28, 2018
NANAIMO — Finding workers to fuel Vancouver Island’s economy emerged as a … to $554,000 as of September, according to the Vancouver Island Real Estate …
Vancouver sees world’s biggest drop in luxury home prices
BNNBloomberg.ca–Oct. 31, 2018
Guess which city managed to top a luxury real–estate ranking despite a slew of … Vancouver was hit hardest, with prices there down 11 per cent as upmarket …
The US Fed Still Sees “Exuberance” In Canadian Real Estate Buyers
Better Dwelling–Nov. 1, 2018
Canadian real estate prices are more tame, but a correction may still be in the cards. … An index of exuberance Canadian real estate buyers are demonstrating, …. Prices in Vancouver need to come down at least 50% for people that live in the …
Can Your Retirement Survive an Upcoming Real Estate Crash?
The Motley Fool Canada–Oct. 27, 2018
Housing bears are convinced: Canada’s inflated real estate market — especially in and around Toronto and Vancouver — is overdue for a massive correction.
Starlight Investments Capital creates ‘unique’ new fund
Real Estate News EXchange-Nov. 3, 2018
The Canadian residential growth fund is a new fund which invests in multi-residential real estate properties and portfolios — primarily in Toronto and Vancouver …
Vancouver Green council candidate David HT Wong looks forward to …
Straight.com–Oct. 30, 2018
The only Vancouver Green candidate to lose in the October 20 election says he … of money-laundering in casinos and Chinese investments in the real–estate …
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, …
‘Highly sought-after’ Jean Edmonds Towers bring Quebec investor into …
Ottawa Business Journal–Oct. 30, 2018
A Quebec-based investor’s partnership with a leading commercial real estate … of real estate assets, mostly in Quebec and Vancouver, and the Jean Edmonds …
Jean Swanson: Tenants need vacancy control to end renovictions
Straight.com-Nov. 3, 2018
Rents in Vancouver have skyrocketed in the past few years. … Institute, which calls itself “the premier voice of the B.C. real estate development industry”. Tenants …
Conflict-of-interest complaint resolved just days before Vancouver …
Toronto Star–Oct. 26, 2018
VANCOUVER—A conflict-of-interest complaint issued against a Vancouver politician in … Real estate developers will have to change the way they do business, …
Reporter Sunny Dhillon quits Globe and Mail after being instructed to …
Straight.com–Oct. 29, 2018
While he didn’t elaborate on what he meant by that, the Globe and Mail has focused enormous attention on foreign buying of real estate in Vancouver as a key …
Greens Won Big in Vancouver. What Will They Stand For?
TheTyee.ca–Oct. 29, 2018
There’s no question that Vancouver’s Green Party made big gains in this year’s civic …. Vancouver architect and real estate consultant Michael Geller said “in …
Pet ban limits buyer pool for New Westminster condo
The Globe and Mail–Nov. 1, 2018
518 13th St., Unit 307, New Westminster, B.C.. Listing price: $419,000. Selling price: $419,000. Story continues below advertisement. Days on the market: 75.
Speculation tax set to shake up BC residential landscape
The Lawyer’s Daily–Nov. 1, 2018
Michael Wilson is an associate at Clark Wilson LLP in Vancouver, who practises in the areas of commercial real estate and private company mergers …
New Polish on an Old Trick: The Vancouver Model of Money Laundering
The McGill International Review–Oct. 29, 2018
Vancouver’s real estate market, it’s ever rising prices, and under-the-table cash pay-offs play a central role in Canada’s news sphere and so does the impact that …
Calgary industrial construction hits near-record level
Real Estate News EXchange–Oct. 30, 2018
The pace of industrial real estate construction in the Calgary region is the … in the market and the Vancouver-based company is actively pursuing properties to …
Summit Aims for Big Changes When It Comes to Small Homes
TheTyee.ca–Nov. 1, 2018
Founded in 2012, Vancouver-based Small Housing BC is the leading voice supporting … builders and financiers to real estate professionals and policy makers.
Insured Mortgages On Canadian Real Estate Are Dropping At The …
Better Dwelling–Oct. 31, 2018
Don’t tell your friends, but the bottom of the Canadian real estate market is disappearing … These mortgage became very popular during the recent real estategold rush. …… i.e. 26 stories on Cambie an Broadway Streets in Vancouver– not 4-6.