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  1. Where is the ‘grey wave’ pooling? Our top five B.C. retirement towns

    Investors should look at top retirement towns in B.C. Lise Boullard Frank O’BrienWestern Investor Sechelt on the Sunshine Coast is a 35-minute ferry ride from Metro Vancouver but house prices are at least 50 per cent lower. Seniors now comprise 34 per cent of Sechelt?s population. | Dana Botsis A summer street festival in Sidney, […]

  2. Canadian Monthly Real GDP (Nov) – Jan 31, 2020

    BCREA The Canadian economy grew by 0.1% in November, offsetting most of the decline in October. Driving the increase were the construction industry (0.5%) and utilities (2.1%) where inclement weather in central Canada drove up demand (2.1%).  There were gains in 15 of 20 industries, where retail trade recouped some of the loss reported in October, led […]

  3. Vancouver green-lights moderate income rental homes

    Moderate income earners in Vancouver will have access to below-market rental homes Steve RandallCanadian Real Estate Wealth Moderate income earners in Vancouver will have access to more than 50 new below-market rental homes following the City Council’s approval. The homes will be for individuals, couples, and families. The council approved one project at 1956-1990 Stainsbury […]

  4. Canadian home prices accelerated in 2019 says Statistics Canada

    The fourth quarter of 2019 saw a 0.6% increase Steve RandallCanadian Real Estate Wealth The fourth quarter of 2019 saw a 0.6% increase in Canadian home prices nationwide according to a new report. Statistics Canada’s latest reading of home price trends also reveals that the rise in prices was driven by a 0.9% increase for […]

  5. One more blow to cash flow in Vancouver

    On January 1 City of Vancouver increased taxes by 7% Clayton JarvisCanadian Real Estate Wealth Investors with their sights set on Vancouver’s recently resurgent market will need to factor a significantly heavier tax burden into their revenue calculations. On January 1, the City of Vancouver implemented a seven percent increase to local property taxes, equivalent […]

  6. Council must vote on, report use of reserve funds

    There is more than one benefit to the owners when you issue a special levy for an insurance deductible Tony GioventuThe Province Dear Tony: Our strata has had a deductible of $100,000 for several years due to a number of claims and the inability to approve a resolution to replace our piping. In November we […]

  7. Canadian software company partners with American POS solution

    BluRoot is rolling out an integration with Floify Kimberly GreeneMortgage Broker News Canadian software company BluRoot is rolling out an integration with Floify that is designed to provide end-to-end transaction support to Canadian mortgage brokers. BluRoot’s BluMortgage application isn’t just a CRM; it was built specifically with pipeline management in mind, being able to capture […]

  8. Canadian tech firm launches first-of-kind AI tool for brokerages

    A new tool powered by artificial intelligence (AI) for real estate brokerages Steve RandallMortgage Broker News A new tool powered by artificial intelligence (AI) aims to give real estate brokerage leaders strategic insights to drive profitability. The Lone Wolf Insights solution is the latest addition to a suite of tools created by the Toronto-based firm, […]

  9. Vancouver aims to protect and expand co-ops on city-owned land

    The Mayor of Vancouver says he is committed to protecting and expanding co-ops Steve RandallMortgage Broker News The Mayor of Vancouver says he is committed to protecting and expanding co-ops on city-owned land, a popular housing option over the past 40 years. Kennedy Stewart is asking for feedback on the best way to renew leases […]

  10. Shopify takes 70,000 sq ft office, will hire 1000 in Vancouver

    It will be shopify’s first permanent office in the city Steve RandallMortgage Broker News Shopify has made a major commitment to Vancouver with a new permanent office due to open later this year. The decision to open a 70,000 square foot office across four floors at Bentall Centre city follows last year’s decisions by Apple […]