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Real Estate News

Money Laundering, Terrorism, And More: Why Are Realtors On The Front Line?

In recent years, the amount of paperwork realtors have been required to fill out regarding potential buyers has grown by a substantial amount. This includes forms from the Financial Transactions and Reports Analysis Centre of Canada (FinTRAC), designed to protect against money laundering and terrorist financing, among other things.

Real Estate News

Broadway Plan Numbers Are A Matter Of Nuance, And Debate

As of the start of this month, 36 applications to rezone properties within the Broadway Plan had been submitted to the City of Vancouver, but some say the actual number of planned developments is much higher.

Finance

Kerrisdale Property Assessment Increases Shock Business Owners

BC Assessment has issued property assessment increases of around 25% on several retail properties along West 41st Avenue, near West Boulevard, all of which will come into effect this July.

Real Estate News

In BC, Is Democracy Getting In The Way Of Housing?

BC's shift away from local control was designed to expedite housing amid an affordable housing crisis and responds to the argument that public hearings are inefficient, time-consuming and unproductive.

Real Estate News

Industry Experts Place Their Bets On The State Of Canada's Real Estate Market In 2024

Canadian real estate experts are expecting interest rates to keep a lid on prices, even with an anticipated uptick in sales activity this spring.

Commercial

The Biggest Commercial Real Estate Deals in Metro Vancouver in 2023

As the year closes, it’s time to look back on the biggest commercial real estate deals in Metro Vancouver in 2023, nearly 50% of which were driven by foreign investment.

Real Estate News

STOREYS' BC Real Estate Newsmaker Of The Year

As anyone who’s casually aware of the housing situation will know, BC is deep into a housing affordability crisis, particularly in its urban areas. Enter BC Housing Minister Ravi Kahlon.

Vancouver

Current Planning Process Puts 'Vancouverism' – And Views – Under Threat

In terms of urban planning, this is not Vancouver’s finest hour, according to the internationally celebrated planner behind “Vancouverism”, Larry Beasley who spoke last night as part of the ongoing Simon Fraser University City Conversations series.

Policy

Kelowna's Short-Term Rentals Stall Amid New Government Measures

Because the Okanagan is a vacation destination, it drew a lot of investors who could more than cover their mortgage and tax costs by booking short-term rental guests. Now, many are having to sell.

Real Estate News

Matching Students With Seniors: It's Complicated, But The Demand Is There

A pair of young entrepreneurs have taken an old concept and turned it into an app for intergenerational living, pairing students and seniors for more affordable housing arrangements.

Real Estate News

Nobody's Market? Buyers' Waiting Game Sees Sellers Struggle

In Vancouver, it doesn't seem like either buyers or sellers have the advantage in the current real estate market, leading to frustration on all sides.

Homes

Where Have All The Character Homes Gone? Vancouver Policies Encourage Teardowns, Experts Say

Beautiful character homes, like the one at 3019 Point Grey Road that was rumoured to have caught the eye of Prince Harry and Meghan Markle, are being demolished in favour of bigger builds — and City policy seems to incentivize it.