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  1. Home Sales, Prices across BC Rise Again in September

    Joannah ConnollyREW The number of homes sold on the Multiple Listing Service® in BC in September rose nearly 10% year over year, and 5% from August, according to a report by the British Columbia Real Estate Association (BCREA) published October 12. Because there was also an increase in sale prices, that lead September’s total sales […]

  2. No tenant, no problem in Vancouver as new office towers break ground on speculation

    No tenant, no problem as local office space market heats up Garry Marr The Vancouver Sun There was nothing to buy in Vancouver’s increasingly hot office market, so GWL Realty Advisors and its partners did the next best thing — they decided to build their own tower. That GWL, which has $2 billion in office, […]

  3. Determinations of negligence can be complicated

    Plumber may prevent leaks Tony GioventuThe Province Dear Tony: Our highrise has had a number of waters leaks over the past year relating to toilets, showers, shower enclosures and fridge water lines.  Our strata council has issued notice to owners that a plumber will be on site in two weeks to inspect our strata lots […]

  4. Currents at Water’s Edge 3188 Riverwalk Avenue 141 homes in two 6-storey buildings by Polygon Currents Homes Ltd

    Currents at Water’s Edge takes a serene riverfront location Mary Frances HillThe Province Currents at Water’s Edge Where: 3188 Riverwalk Avenue, Vancouver What: 141 homes in two boutique concrete buildings; the sixth Polygon community at the River District Residence sizes and prices: One to three bedrooms, 560 — 1,742 sq. ft., two-bedroom homes from the high $700,000s Developer […]

  5. West End luxury condo tower could mean loss of 130 affordable units

    ‘Mixed emotions’ over highrise plan Joanne Lee-Young The Province Architects hired by the owners of a site at 1400 Alberni St. in the West End have posted a rezoning application that proposes two luxury residential towers that would showcase cutting-edge design and technology. The plan, which includes buildings of 43 and 48 storeys, adheres to […]

  6. BC Home Sales Ratchet Higher in September

    BCREA The British Columbia Real Estate Association (BCREA) reports that a total of 8,340 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in September, an increase of 9.9 per cent from the same period last year. Total sales dollar volume was $5.8 billion, up 30.2 per cent from September 2016. The average […]

  7. BC Home Sales Ratchet Higher in September

    BCREA The British Columbia Real Estate Association (BCREA) reports that a total of 8,340 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in September, an increase of 9.9 per cent from the same period last year. Total sales dollar volume was $5.8 billion, up 30.2 per cent from September 2016. The average […]

  8. After 8 months, housing starts paused last month

    Steve RandallREP There was a decline in Canada’s housing starts in September, following eight months of trending upwards. CMHC reports that the six-month trend of starts slipped to 214,821 last month from 220,573 in August. “Housing starts are trending lower in September after increasing for eight consecutive months,” said Bob Dugan, CMHC’s chief economist. “Nevertheless, […]

  9. Government eyeing ‘all options’ to cool Vancouver housing market

    Natalie Obiko Pearson? With assistance by Tiffany Kary, and Erik HertzbergREP Vancouver’s million-dollar home prices aren’t just straining buyers, they’re holding back investment and businesses, said British Columbia’s finance minister, vowing to look at every option on the table to cool the market. “It’s become a bigger issue — it’s become an economic issue for […]

  10. Dual Agency Update

    More on dual agency Ross WilsonREM People have expressed concern that a sales rep cannot honestly represent the interests of two or more rival parties simultaneously. There may be some truth to this, for the risk of conflict of interest is certainly a possibility. But it all boils down to how the situation is handled. […]