Vancouver Real Estate December 8, 2018

Story image for Vancouver Real Estate from Globalnews.ca

Housing slowdown continues, says Real Estate Board of Greater …

Globalnews.caDec. 4, 2018
WATCH: New numbers on Metro Vancouver home sales are more evidence that the real estate market is cooling significantly. Sarah MacDonald reports.
Metro Vancouver home sales down 42.5% in November
Local SourceVancouver CourierDec. 4, 2018
Metro Vancouver housing slowdown continues unabated
Local SourceStraight.comDec. 4, 2018

Story image for Vancouver Real Estate from The Republic

The Republic

Top real estate executive gets prison in NY corruption trial

Vancouver SunDec. 7, 2018
NEW YORK — A federal judge has sentenced a real estate executive to three years in prison for his role in schemes to bribe a former top aide to New York’s …

Story image for Vancouver Real Estate from Abbotsford News

Micro-investing in BC real estate properties

Abbotsford NewsDec. 3, 2018
Vancouver entrepreneur believes he is at the forefront of revolutionizing how real estate is bought and sold. Stephen Jagger, co-founder of IMBY Real Estate …

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Commercial real estate sales in Metro Vancouver down by 20%

Daily HiveDec. 7, 2018
According to data released by the Real Estate Board of Greater Vancouver today, sales fell by 19.5% to 565 commercial sales in the third quarter of 2018 …

Story image for Vancouver Real Estate from Daily Hive

Metro Vancouver home sales hit lowest level since 2008’s Great …

Daily HiveDec. 6, 2018
The trough of Metro Vancouver’s real estate market continues to deepen, according to new data released by the Real Estate Board of Greater Vancouver.
Homeowners can expect a mixed bag of property values: BC …
Local SourceVancouver CourierDec. 6, 2018

Story image for Vancouver Real Estate from Straight.com

Arrest of Huawei executive puts Vancouver at centre of growing …

Straight.comDec. 7, 2018
Meanwhile, unnamed officials in policing and security agencies are leaking information to Global News about money laundering in Vancouver real estate by …

Story image for Vancouver Real Estate from Vancouver Courier

Opinion: Naive politicians will keep Metro Vancouver tenants in turmoil

Vancouver CourierDec. 3, 2018
The Metro Vancouver area is a tough environment for tenants and it is about to get a whole lot worse because provincial and civic politicians are rushing to help.

Story image for Vancouver Real Estate from Daily Hive

Vancouver home being sold at auction to ‘Chinese real estate investors’

Daily HiveDec. 4, 2018
Vancouver home being sold at auction to ‘Chinese real estate investors’ … A “mid-century modern Vancouver estate” is being auctioned off to target wealthy …

Story image for Vancouver Real Estate from Fox5NY

Fox5NY

Real estate seller found slain in suburban model home

Vancouver SunDec. 6, 2018
The slaying worried nearby residents living in the kind of suburban properties Wilson sold for his employer and it rattled real estate agents who work open …

Story image for Vancouver Real Estate from The Province

Vancouver council strengthens renter protections but key measures …

The ProvinceDec. 4, 2018
The Vancouver Tenants’ Union calls it an “incredible win for literally half the population,” referring to the roughly 50 per cent of people in Vancouver who are …
Vancouver renters celebrate major win in battle against renovictions
Local SourceVancouver CourierDec. 4, 2018

Story image for Vancouver Real Estate from BNNBloomberg.ca

Real estate’s unlucky numbers and what some cities are doing about it

BNNBloomberg.caDec. 6, 2018
Mak, the founding president of the Vancouver chapter of the Asian Real EstateAssociation of America, says for many of her clients, this cultural preference is …

Story image for Vancouver Real Estate from TheTyee.ca

Vancouver’s Booster Class, Greed and the Real Estate ‘Play of the …

TheTyee.caDec. 2, 2018
Reading John MacLachlan Gray’s great novel The White Angel, which delves into the intrigues of Vancouver after the First World War, I was struck by how …

Story image for Vancouver Real Estate from Toronto Star

Richmond Hill, Vancouver among Canadian cities taking a stand …

Toronto StarDec. 6, 2018
I thought it was just BS,” said Tina Mak, a Vancouver-area real estate agent who has … A few years ago, city officials in Vancouver began seeing a rise in special …

Bitter lawsuit between wealthy developers reveals delays, downsizing …

Vancouver SunDec. 1, 2018
It dragged some reputations through the mud and, at times, left Vancouver city …. Vancouver-based Concord Pacific, one of the largest real estate developers in …

Greater Vancouver Real Estate Prices Go Negative For The First Time …

Better DwellingDec. 5, 2018
The Greater Vancouver real estate market has officially flipped upside down. The Real Estate Board of Greater Vancouver (REBGV) reported November saw the …

Vancouver council approves motion to protect tenants from renovictions

Globalnews.caDec. 5, 2018
WATCH: Victory for Vancouver renters as city council votes on a motion protecting them from renovictions and aggressive buyouts. Grace Ke reports.

Open letter to Attorney General David Eby on Sam Cooper’s “secret …

Straight.comDec. 1, 2018
… has many people on edge about how much Metro Vancouver is being swamped … link between Chinese drug money laundering and Vancouver’s real estate …

Mike Mackay

Business in VancouverDec. 4, 2018
As president of Strand, a Vancouver-based real estate finance, development and investment company, Mike Mackay has real estate in his blood. He took the …

‘It’s absurd’: City ponders removal of new houses for even newer homes

CBC.caDec. 6, 2018
The two freshly minted houses are among Vancouver’s newest, complete with … like a short history of Vancouver real estate during the past three decades.

Douglas Todd: How migration impacts Vancouver’s housing prices

Vancouver SunDec. 6, 2018
Douglas Todd: How migration impacts Vancouver’s housing prices …. McMullin stresses the real estate and development industry employs 200,000 people and …

Empty homes are fraction of City of Vancouver estimate: report

Business in VancouverDec. 6, 2018
The City of Vancouver has found 2,538 vacant homes in its first empty-homes tax annual report – about one-tenth of the homes the city said were empty when it …

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Vancouver bungalow finds a buyer after multiple price cuts

The Globe and MailDec. 2, 2018
Vancouver bungalow finds a buyer after multiple price cuts … 2691 Grant St., Vancouver … Listing agents: Keith Roy and Greg Dent, Re/Max Select Realty …

Daniel Boffo

Business in VancouverDec. 4, 2018
“The craftsmanship end of real estate, of what we do, is the part that resonates with me the most. I kind of … Boffo was born in Vancouver and raised in Burnaby.

Story image for Vancouver Real Estate from Vancouver Sun

Huawei executive arrested at YVR appears to have family ties to …

Vancouver SunDec. 6, 2018
Huawei chief financial officer Meng Wanzhou’s family appears to have connections to at least two pricey Vancouver homes including one in the exclusive …

Story image for Vancouver Real Estate from Vancouver Sun

Bulls & Bears: Seattle’s sport market success has us green with envy

Vancouver SunDec. 7, 2018
There was no real estate in the business of sport hotter this week than the Emerald City. In what has been preordained for months, the NHL Board of Governors …

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Metro Vancouver home sales and prices down to more ‘historical’ levels

Toronto StarDec. 4, 2018
VANCOUVER—Both sales and prices for Metro Vancouver homes have dropped in what the head of the Real Estate Board of Greater Vancouver says is a …

Story image for Vancouver Real Estate from New York Times

New York Times

Spain braces for some 500 violent fans for Copa Libertadores

CityNews VancouverDec. 7, 2018
METRO VANCOUVER (NEWS 1130) – Metro Vancouver’s real estate market has people trying to cash in on more than just homes. It turns out, people are also …

Squamish’s Oceanfront Park plans revealed

Business in VancouverDec. 5, 2018
Newport Beach Developments unveiled plans for its Oceanfront Park, making significant headway for what’s hoped to be the revitalization of the former Nexen …

Mike Maierle

Business in VancouverDec. 4, 2018
Mike Maierle could have continued to climb the corporate ladder at diversified construction giant Ledcor Group, but he had an entrepreneurial hankering to strike …

Story image for Vancouver Real Estate from Vancouver Sun

Northwest takes UDI/Vancouver Sun Readers’ Choice Award

Vancouver Sun-Dec. 8, 2018
The 350-suite Vancouver project, completed at Cambie Street and Southwest … multi-media sales manager, retail and real estate, for the newspaper’s parent, …

Story image for Vancouver Real Estate from Mansion Global

‘Wait and See’ is the Best Strategy for Vancouver’s Real Estate Market

Mansion GlobalDec. 7, 2018
‘Wait and See’ is the Best Strategy for Vancouver’s Real Estate Market …. through some of the most exclusive real estate in Los Angeles, turning mansions and …

Kaela Schramm

Business in VancouverDec. 4, 2018
When Kaela Schramm moved from the U.S. to Victoria to become director of projects and planning for M’akola Development Services in 2013, she was the sole …

Vancouver tops for tech talent, but rental costs erode affordability

Business in VancouverDec. 5, 2018
Vancouver gets high marks in CBRE Ltd.’s new tech-sector report, which ranks the city fourth in Canada overall but tops when it comes to value for money in …

Mid-Century Vancouver home to go to highest bidder – in Hong Kong …

Vancouver CourierDec. 5, 2018
The super-retro house on an 11,000-square-foot lot in Vancouver’s Dunbar … Pennsylvania and Texas – as well as a Whistler lakeside estate that failed to sell in …

Huawei CFO’s family owns homes in Vancouver

Globalnews.ca-Dec. 8, 2018
According to property records, the family of the Chinese CFO whose arrest in Vancouver has sparked international controversy owns at least two …

Town Talk: Odd Squad’s abuse-prevention earns police chief’s kudos

Vancouver SunDec. 7, 2018
Extolling Vancouver to magazine writer John Lekich in 1987, the multilingual … The $350-million media-and-realestate firm’s name reflects an admonition by …

Time to soften – or scrap – one-year-old mortgage stress test, says …

Vancouver CourierDec. 3, 2018
Even though the mortgage stress test legislation (“B-20”) has been in place to all new mortgage applicants for less than a year, building industry leaders are …

Reality check in Squamish real estate

Squamish ChiefDec. 7, 2018
Residential real estate sales plummeted 47 per cent across Metro Vancouver in November, compared with a year earlier, according to the Real Estate Board of …

Developer gets earful from judge for ‘evasiveness,’ wins $1 in …

CBC.caDec. 3, 2018
Pan is a real estate developer who once hosted a fundraiser for Prime Minister Justin Trudeau at Pan’s West Vancouver mansion. Pan moved to Canada from …

Vancouver Noir an anthology that’s long overdue

OurWindsor.caDec. 7, 2018
The best thing about Vancouver Noir is the fact that Yasuko Thanh, Nathan … the work to wrench Vancouver’s identity away from the banality of real estate into …

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Vancouver sales, prices decelerating due to various pressures

Mortgage Broker NewsDec. 5, 2018
Slower overall activity has spurred the gradual deceleration of both home sales volume and prices in Vancouver, according to the region’s real estate …

Story image for Vancouver Real Estate from Globalnews.ca

China won’t stop flood of fentanyl into Canada, sources say

Globalnews.caDec. 1, 2018
The suspect is laundering the money in Vancouver real estate, a source said, and using Vancouver as a hub to launder dirty money around the world.

Story image for Vancouver Real Estate from Better Dwelling

Toronto Real Estate Sees Fewest November Sales In 6 Years

Better DwellingDec. 5, 2018
Toronto real estate buyers may be paying slightly more than last year, but there’s … Toronto Real Estate Board (TREB) numbers show November at a multi-year low …… Greater Vancouver real estate is seeing softer demand for pre-sale units.

Best Cities for Work in BC 2019

BCBusinessDec. 3, 2018
2, and the nearby District of North Vancouver rounds out the top three. … We took residential real estate prices into account for the first time, and many of this …

Capital region home sales continue slide on higher rates, new rules

Times ColonistDec. 3, 2018
For 12 consecutive months now, monthly real estate sales in Greater Victoria … per cent from November 2017 when 426 sold, the Vancouver Island Real Estate …

Is Vancouver’s False Creek home to the world’s largest pop-up park?

Vancouver CourierDec. 3, 2018
After a brief exchange with James, he told me that it was a “new, temporary park” that Vancouver real estate titans Concord Pacific opened earlier in the fall.

High home prices are the new normal, CPA economist says

The Globe and MailDec. 5, 2018
Real estate watchers tend to use dramatic language when describing … the GTA and Vancouver in recent years: “Ottawa’s home prices doubled over the same …

Retirees who have helped children buy homes are increasingly in debt

The Globe and MailDec. 4, 2018
“I still see it increasing, especially in Vancouver, in the over-65 group.” … “Ten years ago, helping adult children get into the real estate market might have meant …

Andrey Pavlov: Vancouver rent control is not the advertised win for …

The ProvinceDec. 6, 2018
Andrey Pavlov: Vancouver rent control is not the advertised win for renters … But the real hassle begins when you get a new job, or a new kid, or anything new in …

You can buy your very own Vancouver Special house for under $100

Vancouver Is AwesomeDec. 5, 2018
The real estate market in Vancouver isn’t exactly what you’d call affordable. Even for an old Vancouver Special house, likely the land it sits on will cost a pretty …