Real Estate Talks

by Neil Sharma on 20 Apr 2021 As expected, the federal budget released Monday afternoon contained measures to, at least ostensibly, cool runaway prices in Canada’s housing market. Most notably, the government is introducing a 1% tax on non-residents that’s believed will generate $700 million in reve...

Early data shows this month could surpass all-time highs for listings as Greater Vancouver homeowners come off the sidelines WI Staff Western Investor March 19, 2021 Early March data shows that homeowners have rushed off the sidelines, pushing a record number of homes for sale onto the Real Estate B...

26 Feb 2021 Purchasers are spending money on more expensive homes in Canada’s biggest cities and it’s trickling down the ladder, making housing more prohibitive for the people most affected by the pandemic. “Existing home sales have shifted towards more expensive housing types in Vancouver, Toronto,...

Kerry Gold Residential Feb. 16, 2021 “Beds and sheds” are the trends for recession-proof, long-term investment, according to a CBRE executive who worked on the recent high-profile sale of 15 apartment buildings in Vancouver. The mid-rise buildings are a unique grouping in that they are all within th...

FEBRUARY 8, 2021 Canada’s national statistics agency reported real estate prices made the biggest gain in years — during a pandemic. Statistics Canada (Stat Can) data shows real estate prices increased in Q4 2020. The rise was the biggest since 2017, and is being attributed to low interest rates. Th...

The World Outlook Financial Conference continues to innovate with a new and exciting format. This year, we are delivering our speakers to you, in the comfort of your own home! If You Think 2020 Was Unpredictable, Wait Till You See 2021... Ozzie Jurock joins Michael Campbell on Saturday Feb 6th to sh...

Canadian real estate sales are soaring, shattering quite a few records. Canadian Real Estate Association (CREA) data shows another monthly record in December. The annual rate of growth was also the highest rate since just after the Great Recession. The trend of higher growth is most likely going to ...

DECEMBER 18, 2020 Canadian real estate prices didn’t rise on fundamentals, so why would a change make a difference? Statistics Canada (Stat Can) data shows Canadian population growth was flat in Q3 2020. Two provinces, home to the country’s busiest markets, weren’t lucky enough to be flat though. Bo...

Greater Toronto and Vancouver real estate was still popular with non-resident buyers, according to ownership data. Statistics Canada (Stat Can) data shows non-resident ownership increased in 2019. For the most part, it scaled higher with new supply. However, a breakdown shows ownership is becoming m...

OCTOBER 13, 2020 Canadian real estate prices made one of the largest leaps on news of a pandemic-driven economic shut down. US Federal Reserve Bank of Dallas data shows most G7 countries saw prices rise in real terms during Q2. Canada however, saw real home prices launch at the fastest pace of any o...

Canada’s robust population growth has been grinding to a halt during the pandemic. Statistics Canada (Stat Can) quarterly population estimate for Q3 2020 shows there is still a lot of growth. However, it’s a lot less robust than last year, and barely moved in the most recent quarter. In fact, the mo...

SEPTEMBER 10, 2020 Greater Vancouver detached real estate sales are still enjoying the delayed spring rush this summer. Real Estate Board of Greater Vancouver (REBGV) data shows detached sales had the biggest August since 2015. Prices are also seeing growth accelerate as well, but higher inventory l...

by Ephraim Vecina 26 Aug 2020 Despite a flagging economy, the British Columbia housing market is enjoying a robust pace of recovery that will propel it to new heights in the months ahead, according to the province’s foremost real estate organization. In the third-quarter edition of its housing forec...

AUGUST 17, 2020 Canadian real estate sales hit a new high, along with the highest unemployment in history. Canadian Real Estate Association (CREA) data shows the number of home sales set a record in July. Not just for the month either – it was the biggest month ever. Here’s why the surge was largely...

Mixed-use housing and commercial development planned for the aging hospital property on Burrard Street, with sales proceed helping to fund replacement Jeremy Hainsworth Glacier Media August 12, 2020 The Burrard Street site of Vancouver’s 124-year-old St. Paul’s Hospital has been sold to development ...