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  1. Development group warns Metro Vancouver fee increase will be passed on to home buyers

    Developers will pass on big rate increase to homebuyers Jennifer SaltmanThe Vancouver Sun A development association is warning that a planned significant increase to a Metro Vancouver development fee will end up being passed on to home buyers. Metro Vancouver is reviewing its liquid waste development cost charge which is levied on new development in […]

  2. Possibilities for consumers in the event of a BoC rate hike

    Ephraim VecinaCanadian Real Estate Wealth The looming possibility of an interest rate hike by the Bank of Canada—an eventuality spurred by recent hints from the central bank—should give both consumers and industry players cause to be alert of the likely outcomes of such a hike, according to a markets observer. Writing for RateHub.ca, finance analyst […]

  3. Airbnb, Expedia slapped with new restrictions as Vancouver houses nudge $1 million

    Ephraim VecinaREP Vancouver introduced new restrictions on Airbnb Inc., Expedia Inc. and other short-term rental operators as Canada’s priciest housing market seeks to ease its near-zero supply of homes. “Housing is first and foremost for homes, not to be operated as a business,” Mayor Gregor Robertson told Bloomberg on Wednesday (July 5). Under the new […]

  4. Vancouver prices are still rising on condo demand

    Steve RandallCanadian Real Estate Wealth Demand for condos in Vancouver is escalating prices sharply with detached home prices showing moderate gains. The Real Estate Board of Greater Vancouver says that its MLS Home Price Index was up 7.9 per cent year-over-year and 1.8 per cent month-over-month in June to $998,700. The detached home benchmark hit […]

  5. Foster Martin Condo project between Foster Street and Martin Street in White Rock, 113 homes in three towers by Landmark Premiere Properties

    Live the Seaside Dream at White Rock?s Newest Community REW Have you ever imagined waking up to fabulous sunrises and stunning sea views from one of the Metro Vancouver ’s most desirable seaside communities? Now’s the time to fulfill that dream by buying at White Rock Town Centre’s newest and most exciting condominium community – […]

  6. Vancouver Bans AirBnB Rentals on Second Homes, Laneway Houses

    Joannah Connolly REW Strict new measures to regulate and tax short-term rentals under systems such as AirBnB, HomeAway and VRBO were announced by Vancouver Mayor Gregor this week, as the City looks for ways to ease the sub-1% rental vacancy rate. The no-nonsense measures are designed to encourage the “home sharing” aspect of short-term rentals, […]

  7. Canada a top destination for property investments by mainland Chinese buyers

    Chinese investors put Canada in top five buys for property Joanne Lee-YoungThe Vancouver Sun A large Chinese real estate website claims Chinese investors at home and abroad spent over US$100 billion on overseas property investments in 2016. This is a 25 per cent increase over Juwai.com’s 2015 estimate of US$80 billion. The website named Canada […]

  8. Record-keeping duties can?t be downloaded to the owners

    Tony GioventuThe Province Dear Tony: Our strata corporation has a bylaw that requires owners to maintain copies of minutes, bylaws and rules, and makes each owner responsible for providing them to the next buyer.  I sit on our strata council. We have a buyer who was given the bylaws that we provided to each strata […]

  9. Joyce 5050 Joyce Street 256 homes in a 30-storey tower by Westbank Projects Corp

    Joyce balances esthetics and function Mary Frances HillThe Province Joyce What: 256 homes, in a family-oriented 30-storey tower next to Joyce-Collingwood SkyTrain station Project Address: 5050 — 5080 Joyce St., Vancouver Developer and builder: Westbank Projects Corp. Residence sizes: one-bedroom, 439 and 529 square feet; junior two-bedrooms, 617 square feet; two-bedrooms, 771 square feet; three-bedrooms, […]

  10. Vancouver condo market heats up while detached home sales cool

    The Province Vancouver’s housing sales have divided into two separate markets with condominium’s being snatched up while detached homes remain on the market longer. Figures released Wednesday by the Real Estate Board of Greater Vancouver showed an 11.5 per cent drop in the market last month compared with the over-heated market in June last year. […]