Category Archives: Canadian Real Estate

Buying A Waterfront House: 4 Things You Need to Know

No matter which direction you start to drive in Vancouver, you’ll eventually run into a beach or waterfront. Those that move to Vancouver not only get to enjoy the gorgeous scenery, but also are minutes away from our beautiful beaches. … Continue reading

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Foreign Investment in Vancouver Housing Market

According to a recent survey undertaken by the Vancouver Foundation, a whopping 3 out of 4 Vancouverites agree that there is “too much foreign ownership of real estate” in the city. A further panel discussion took place at the Djavad … Continue reading

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Reinventing Toronto’s Entertainment District

Toronto’s history Entertainment District has fallen into general disrepute in recent years.  The once thriving hub, is often empty with all too many shuttered storefronts. Home now to parking lots and old bistros, very few tourists venture to the area … Continue reading

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Real Estate Agents Adapting to a New Age

In some areas, being a real estate agent is not as easy as it used to be.  A rough few years for the industry has meant that more and more realtors are having to find ways to stay ahead of … Continue reading

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Sales Down in the Fraser Valley

While across the country sales of homes are up by 2.5 percent from February to March, the Fraser Valley is facing lower sales.  In many places lower prices are spurring more sales. Prices are down about 0.5 percent across the … Continue reading

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Bidding Wars can Jeopardize your Financing

In certain markets like those in Vancouver or Toronto for instance, bidding wars are fairly common.  When we see a sellers market in terms of real estate, bidding wars become pretty standard. However as a buyer, it is important to … Continue reading

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10 K Bonus for First Time Home Buyers

Recently, news was announced that some time this spring a one time refundable tax credit or bonus will be made available to first time home buyers. According to mortgage experts, this will spur potential buyers to go ahead and buy … Continue reading

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Canada’s Second Largest Bank Warns about Housing Market

Toronto Dominion Bank has issued a warning concerning the future of the housing market in Canada.  According to the T.D. chief executive, the real estate market in Canada, including Vancouver, is at risk of a correction. According to experts, the … Continue reading

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HST Drop Helps with Transitional Period

Under the new regulations, the provincial portion of the HST paid on all new homes will be going down to just two percent.  This will be the case at least for all new homes under $850,000. The building industry is … Continue reading

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New Transitional HST/PST Housing Regulations

With the provincial transition from the HST back to the PST approaching in April 2013, the government has announced some new provisional regulations.  The measures are designed to lessen the burden of the HST for home buyers. The measures include … Continue reading

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No Correction Estimated for Vancouver Market

While Canadian banks are tightening their lending belts and a correction in the market is predicted for the country, many realtors Vancouver are suggesting Vancouver will not see much if any of a correction. Experts agree that Vancouver isn’t likely … Continue reading

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Call for New Rental Housing Developments and Upgrades

Canadian municipalities are asking Ottawa to support the development of the rental market.  According to recent reports, there has been a severe lack of new rental construction in the past number of years. While research shows that one third of … Continue reading

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Canadian Lending Practices under the Microscope

According to recent reports, Canadian lending practices are causing some concern amongst officials.  Some banks seem to have loosened their lending practices, a process which is being deemed an ‘emerging risk’ by the nation’s regulator. While Canada’s banks and other … Continue reading

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Canadian House Sales Pick Up Steam

While homes for sale in Vancouver are leveling off, in other areas of the country they have picked up steam.  This upward trend has been particularly noticeable in the Toronto area. Existing house sales in Canada faced three months of … Continue reading

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