The housing market issue is of concern in the combination of elevated household debt and rising housing prices Steve RandallREP There are many good things to say about the Canadian macroeconomic situation: low unemployment, inflation on target, and solid growth forecasts. But the OECD still has two key issues with Canada – and one of […]
New rental zoning laws implemented by Burnaby REP The City of Burnaby says it will be the first in British Columbia to take advantage of the province’s new rental zoning laws. The city says in a news release that it will begin implementation of a rental zoning bylaw aimed at maintaining rental stock at affordable […]
Tale of the tower: mountain view versus rentals Mike HowellVancouver Courier What began as a debate at city hall Tuesday about a proposed 400-foot tower intruding on views of the North Shore mountains turned into a political battle over the need for rental housing. In the end, the ruling Vision Vancouver council voted 6-3 to […]
Revenue agency asked to verify incomes for mortgages Steve RandallCanadian Real Estate Wealth The CMHC wants the Canadian Revenue Agency to provide more robust verification of incomes stated on mortgage applications. The call comes following an investigation by the CMHC into the correlation between incomes stated on mortgage applications and those reported to the CRA. […]
Seniors benefit from renting out rooms to students Adina BresgeREP After her husband died, Elizabeth Hill says she would lay awake listening for bumps in the night in her eerily empty home _ so to get some shut-eye, she decided let a stranger live with her. Since then, the 75-year-old has compiled seven “guest books” […]
Land is ?the new gold? ? and B.C.’s Fraser Valley the motherlode Frank O’BrienWestern Investor British Columbia’s Fraser Valley is in the midst of a land rush that has driven prices up three-fold in the last two years and helped make land the dominant real estate investment in the Lower Mainland. In the first quarter […]
myLTSA service upgraded Bob Mackin other The agency that keeps track of land in British Columbia quietly made it harder to access information about who owns real estate in the province. In a July 9 news release — ironically headlined “LTSA Releases Enhancements for myLTSA Service” — the B.C. Land Title and Survey Authority announced […]
Strata corporations’s bylaws will be changed as of November 30 Canadian Real Estate Wealth Homeowners groups in British Columbia will soon be able to fine owners or residents up to $1,000 a day for defying the corporation’s bylaws on short-term rentals. The B.C. government says the regulations for the so-called strata corporations will be changed […]
Located in the mecca of outdoor adventures, the new project from Wave Developments is just steps from the downtown core ROBIN BRUNETThe Vancouver Sun Of all the natural wonders B.C. is famous for, the greatest concentration of world-class vistas is located in Squamish – as people who have taken the Sea to Sky Highway to […]
Luxia at Yorkson a fit for its Langley neighbourhood Kathleen FreimondThe Vancouver Sun Luxia at Yorkson Project address: 7947 209th Street Project city: Langley Developer: Isle of Mann and Pollyco Group Architect: Barnett Dembek Interior designer: Portico Design Group Project size: 138 three-bedroom townhouses Unit size: 1,443 to 1,897 square feet Price: from $639,900 Construction: […]