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  1. REBGV launches home listings site

    Realtylink makes home buyers knowledgeable Steve RandallMortgage Broker News The Real estate Board of Greater Vancouver has launches a new home listings site on its Realtylink.org platform. The board has worked with Quebec firm Centris to create the modern listings portal with enhanced search and filtering capabilities. It allows users to create a profile for […]

  2. New First-Time Home Buyer Incentive Unveiled in Federal Budget

    The budget – Investing In The Middle Class Penelope Grahamother The Federal Liberal government tabled their fourth and final pre-election budget yesterday – titled Investing in the Middle Class, the spending plan continues with the theme of stimulus aimed at the middle working class while carrying a deficit, expected to grow to $16.8 billion over the […]

  3. BCREA Pleased With Housing Focus in Federal Budget 2019

    Budget 2019 housing affordability welcomed by BCREA BCREA The British Columbia Real Estate Association (BCREA) is pleased with the measures announced in Budget 2019 that will help address housing affordability in British Columbia. REALTORS® in BC recognize that home ownership is a difficult goal to achieve for many British Columbians, and the policies announced in […]

  4. Demand for commercial real estate declines in 2018

    CRE demand in the Lower Mainland weakened in 2018 other The commercial real estate market in the Lower Mainland saw fewer sales and lower dollar volumes in 2018 compared to recent years. There were 2,266 commercial real estate sales in the Lower Mainland in 2018, a 13.6 per cent decrease from 2,624 sales in 2017, […]

  5. Mixed reactions to budget housing measures

    No changes to stress test in budget Steve RandallMortgage Broker News The federal budget included certain measures aimed at helping the Canadian housing market but there was no change to the mortgage stress test. The government did announce help for first-time buyers though and that has been generally welcomed. A $1.25 billion fund administered by […]

  6. Federal budget includes first-time buyer incentives

    Feds pick up a portion of first-time buyer?s mortgage Jordan PressCanadian Real Estate Wealth On the eve of a federal election this fall, the Liberal government is looking to help more Canadians buy their first homes by picking up a portion of their mortgage costs and increasing the amount they can borrow from their retirement […]

  7. RE/MAX, Redfin announce referral relationship

    Redfin to refer only to RE/MAX in Canada Steve RandallCanadian Real Estate Wealth A strategic alliance has been announced between RE/MAX and Redfin in Canada and the United States. Building on an established 10-year relationship that the two real estate firms already have in the US, Redfin will refer customers to other brokerages where it […]

  8. B.C. attorney general opens door to background checks for money transfer/exchange businesses

    Eby opens door to licensing system for money services Gordon Hoekstra The Vancouver Sun B.C. Attorney General David Eby is considering a B.C. licensing system for money transfer and foreign exchange businesses, which are vulnerable to money launderers. Eby was responding Monday to a Postmedia investigation that found two dozen money-services businesses in Vancouver, Richmond […]

  9. 2019 housing starts to decline in Toronto, Vancouver

    Altus Group says housing starts will fall Neil SharmaMortgage Broker News Housing starts are expected to dip in two of Canada’s three largest this year amid stress test difficulties, higher renewal rates, and a slumping economy. According to an Altus Group report, Toronto and Vancouver are staring down another turbulent year in which housing starts […]

  10. Altus report latest to forecast decline in B.C. housing starts

    New-housing construction is expected to slow but remain at relatively high levels Derrick Penner The Province A new report from the research firm Altus Group reinforces expectations that B.C. housing construction, particularly in Metro Vancouver, will decline under the influences of mortgage stress tests, new tax measures and a slowing economy. The report, released Monday, […]