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  1. Developers step up quirky incentive game to lure new condo buyers

    We’ll see your avocado toast and raise you a glass of wine Joannah ConnollyWestern Investor The trend for quirky new-home buyer incentives is continuing after developer Woodbridge Homes recently offered a year’s worth of avocado toast to buyers of homes at its West Coquitlam development KIRA. Today, developer Wesgroup is throwing down the gauntlet and telling […]

  2. Amid taxes, values of Metro Vancouver properties fall substantially

    Restrictive policies led to loss in property values Ephraim VecinaMortgage Broker News An array of restrictive policies like school and speculation taxes have led to the loss of as much as $90 billion in the overall value of Metro Vancouver properties, according to an analysis by a non-partisan organization. The study conducted by STEPUP Now […]

  3. Variations apply to strata rental bylaws

    Condo Smarts: Variations apply to bylaw rentals Tony GioventuThe Province Dear Tony: If a strata corporation has a bylaw that limits the number of rentals to 10 out of 100, how are they counted? Our strata council has advised owners there are no rental spaces available; however, I am included as one of the rentals […]

  4. Cedar walk at Lelem 140 apartments and townhomes at 5410 Shortcut Road by Polygon Cedar Walk Homes Ltd

    Polygon?s Cedar Walk at Lelem launches a new 22-acre community Barbara GunnThe Province Cedar Walk at Lelem What: 140 concrete one- and two-bedroom apartments and four-bedroom townhomes Where: 5410 Shortcut Road, Vancouver (off University Blvd. and Toronto Road) Residence size and prices: 568 — 1,513 sq. ft. (apartments); 1,917 — 2,077 sq. ft. (townhomes); one-beds […]

  5. Developers could possess information about money launderers

    Only developers know who is purchasing preconstruction units Neil SharmaMortgage Broker News Could the government forcing real estate developers to divulge buyer information become a key cog in the fight against money laundering? “Where they need to start first, if they’re going to get information on this, is with developers because this problem isn’t as […]

  6. One in five proposed Vancouver housing units has been shelved: report

    New home sales fell seven per cent last year, on top of a 31 per cent decline in 2017, causing developers to abandon projects Joannah ConnollyWestern Investor With new home sales dropping in tandem with resale residential units, Vancouver developers have been rapidly shelving projects, according to a new report by Altus Group. Of the […]

  7. April home sales show Canadians have largely adapted to B-20

    BMO says Canadian housing activity stabilizing Ephraim VecinaCanadian Real Estate Wealth Recent sales activity might indicate that the national market has already acclimated to the largest impacts of B-20, according to Bank of Montreal chief economist Doug Porter. “Canadian housing activity appears to be broadly stabilizing, as there are signs that the market has largely […]

  8. Housing shortage is feeding rental fraud

    Rental stress hits landlords and tenants Charla Huber M?akola Group of Societies Western Investor Whether you are the one looking for a rental home or a landlord seeking a tenant for your rental home, it’s a stressful time, Charla Huber writes. There is no denying that we are in a housing crisis and that is […]

  9. 8 Essential Questions to Ask at an Open House

    This invaluable checklist will make sure you don?t miss any red flags or opportunities Mariko BaergREW  If you’re in the market for a new home, there are a lot of things that you need to keep track of during your home searching journey. Purchasing a home is an endless checklist of questions that both you […]

  10. How smart will smartphones get? A look at the exciting , and worrisome, possibilities

    Ian BaileyThe Globe and Mail Let’s say it’s 2029, and your new smartphone has detected a pattern in the use of your Starbucks app. Every time you have a meeting with your boss, you immediately stress-drink a Venti extra sweet, double-shot caramel macchiato with whipped cream. The phone might just start preordering that drink for […]