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  1. Strata credit cards can be problematic

    Owners are entitled to be informed about all expenses Tony GioventuThe Province Dear Tony: I am new to my strata council. I purchased five years ago and our strata is very well run; however, a number of questions came up at our AGM that made me start to wonder if everything really is as reported. […]

  2. Rising debts could see rise of second mortgages

    1 in 5 people will need second mortgage Steve RandallREP Canada’s household debt levels will force around 1 in 5 people with debt to sell assets to stay above water. A Leger poll conducted for the Financial Planning Standards Council and Credit Canada has revealed that 24% of men are in this situation compared to […]

  3. REBGV 2018 Annual Report

    REBGV: Embracing change other President’s Report In reflecting on our history, one thing is clear: we’re a resilient group. We’ve dealt with many challenges over the decades, and faced each one armed with expert knowledge, tenacity, and courage. That’s the REALTOR® spirit, and the 100-year history of our Board is evidence of this spirit. We’ve […]

  4. There’s been a significant slow down in luxury home price growth

    Luxury home price growth slowed to 0.4% Steve RandallCanadian Real Estate Wealth The growth of prices in the luxury housing market has shown a significant slowdown according to a global survey by Savills. The real estate firm’s world cities prime residential index saw the smallest annual increase since the global financial crisis, just 2.3% in […]

  5. BCREA calls for B-20 review, return to 30-year amortizations

    B-20 negatively affecting housing affordability Steve RandallCanadian Real Estate Wealth The body representing real estate agents in BC is urging the federal government to review the B-20 mortgage guidelines and the stress test in particular. British Columbia Real Estate Association says that the requirements of the rules are negatively affecting housing affordability in the province […]

  6. Mortgage Stress Test Continues to Dampen Home Sales in February

    Homebuyers continue to be sidelined by stress test BCREA The British Columbia Real Estate Association (BCREA) reports that a total of 4,533residential unit sales were recorded by the Multiple Listing Service® (MLS®) in February, a decline of 27per cent from the same month last year. The average MLS® residential price in the province was $678,625,adecline […]

  7. Vancouver’s high-rises enjoying sustained growth in value

    Average price of a new high-density condo rose by 39% Ephraim VecinaREP Vancouver’s high-rise condos have experienced a steady increase in value over the past few years, mostly due to rising construction and land costs. According to new research by Altus Group, an acre slated for a high-density residential project in Vancouver can be valued […]

  8. River District is Wesgroup’s master-planned community in Vancouver

    Master-planned communities touted as top investment Neil SharmaCanadian Real Estate Wealth Master-planned communities have the obvious advantage of elaborate planning that standalone developments don’t, and that makes them superior investments. “Master-planned communities have the advantage in that you know how the community will change over time,” said Brad Jones, VP of development at Wesgroup in […]

  9. Housing report offers new insights into B.C.’s non-resident home ownership

    Report gives insights into B.C.’s non-resident home ownership Stephanie IpThe Province A new housing report offers detailed insight into how much of B.C.’s property market actually belongs to non-residents. Compiled by the Canadian Housing Statistics Program, the report outlines the differences between non-resident owners and non-resident participation in the B.C. housing market, and whether assessments […]

  10. Speculation and Vacancy Tax – BC 30 point report

    Speculation and Vacancy Tax – BC 30 point report other Download Document