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  1. Hugh Hefner’s mansion goes on the market… with a catch

    REPOther The Playboy Mansion will be put up for sale for $200 million next month, Playboy Enterprises announced on Saturday (January 9). The Holmby Hills mansion and its six acres of land will be opened for bidding within February, with one condition: The winning buyer will have to give Playboy owner and publisher Hugh Hefner […]

  2. Down Payment Changes as if Feb 15,2016

    Other It was recently announced that the minimum down payment rules for insured mortgages in Canada are changing on purchases after February 15, 2016. These changes have created confusion for consumers, so Fifth Avenue is here to help clarify what this really means to you. If you are planning on purchasing a home under $500,000 […]

  3. Migration to quality downtown commercial sites projected to continue with low dollar, deep local talent pool drawing interest from abroad

    Tech to drive city core office demand Kirk KuesterOther Office/commercial With just over 1.7 million square feet of office space entering the Vancouver market in 2015, several new buildings were added to the skyline, including MNP Tower, Telus Garden, 980 Howe and 745 Thurlow. This new addition of space has been highly coveted by tenants […]

  4. Why use a real estate agent

    Other A licensed real estate professional’s job is to represent you in any and all real estate transactions. They have the experience and know-how to make your home selling and buying experience enjoyable. A REALTOR® can help you determine your buying power.A REALTOR® has the resources to find you homes that may not even be […]

  5. Canadian Housing Starts – January 11, 2016

    Other Canadian housing starts closed the year down close to 20 per cent, falling from 212,028 units at a seasonally adjusted annual rate (SAAR) in November to 172,965 units SAAR in December.  The six-month trend in Canadian housing starts of 203,500 units SAAR was also down. For the year 2015,  total Canadian housing starts were up 6 per […]

  6. Influx of migrating Canadians could lead to big bucks for investors

    Justin da RosaOther One market’s woes could mean good fortune for investor’s in another major market, according to one industry veteran. Real estate professionals are bullish on the Toronto market for investors this year, as savvy buyers could cash in on troubling times in western Canada. “Toronto will definitely be a good spot for investors […]

  7. Record year for Toronto home sales

    Steve RandallOther The Toronto Real Estate Board reported its second best sales for December in 2015, which completed a record breaking year for the region’s realtors. MLS sales in the GTA of 4,945 in December took the year’s total to 101,299, a rise of 9.2 per cent over 2014. All major home types saw increases […]

  8. REBGV December Stats

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  9. B.C. increases homeowner grant threshold to $1.2 million as property values rise

    Other As the average selling price for single-family homes in Vancouver surpasses $2.5 million, the provincial government moved Tuesday to ensure residents with property assessed at less than half that amount are eligible for homeowner grants. Finance Minister Mike de Jong said the skyrocketing price of some B.C. homes prompted the government to boost the […]

  10. Expectations Vs. Reality: A Vancouver Home Buyer?s Guide to Being Realistic

    If you?re hoping to buy a Vancouver home this year, you may have to adjust your aspirations ? but it?s worth it, says local agent Barry Magee Barry Magee Other Being realistic is often difficult for people looking to buy a home in Vancouver. I often joke with my clients about building a time machine […]