BCREAOther Consumer awareness took a step forward with the announcement of new requirements for real estate contracts. Following on a promise made by Premier Clark in March, as of May 16, 2016 the government will require contracts prepared by real estate licensees to include clauses stating that the contract cannot be assigned without the written […]
Other Canadian housing starts declined 5 per cent in April following several months of robust construction activity. Total housing starts were 191,512 units at a seasonally adjusted annual rate (SAAR). The six-month trend in Canadian housing starts of 195,064 was down slightly and remains roughly in-line with growth in Canadian households. Housing starts in BC continued at […]
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Josh WingroveOther Optimism for housing prices in Canada has reached a two-year high as consumer confidence continues its upward march. The share of Canadians expecting home prices to increase in their neighborhoods over the next six months rose to 43.3 percent last week, the highest level since October 2014, polling for the Bloomberg Nanos Consumer […]
Matt MaurerOther An Ontario Superior Court Judge has expressed his hope that legislative changes will be made to stop unscrupulous tenants from “gaming the system”. The facts of the case are straightforward and rather appalling. The tenant entered into an agreement to lease a condominium in downtown Toronto starting in September 2015. The rent for […]
Justin da RosaOther Despite a glut of inventory, prices in this one western market refuse to drop, which is good news for investors. Residential home prices remained relatively unchanged in April, with an average price of $377,283 in April – down less than 1% month-over-month and up less than 1% year-over-year. “Prices in Edmonton and […]
Justin da RosaOther One agent weighs in on the impact the massive fires in Fort McMurray will have on the town’s real estate market. It may be a long time before it is known to what extent Fort Mac’s ecoconomy will be impacted by the raging wildfire, but one Alberta-based investor and agent suggests it […]
Value of permits issued in March more than 13 per cent lower than last year, although this is a recovery from a very weak February Joannah Connolly Other The value of residential building permits issued in Metro Vancouver in March saw another year-over-year drop, in spite of housing supply not keeping close to the pace […]
Nearly 10,000 people apply to work at hotel Glen Korstrom Van. Courier Controversial stands by front-running U.S. Republican presidential candidate Donald Trump has not dampened interest in working at the Trump International Hotel & Tower Vancouver, which is slated to open in August and will be managed by his Trump Organization. Nearly 10,000 people have […]
