Search found 38 matches

by news
Fri Jul 23, 2021 9:05 am
Forum: Real Estate Talks
Topic: The Canadian race to automated property valuation supremacy
Replies: 0
Views: 160

The Canadian race to automated property valuation supremacy

By Brian Bell and Bruce Atyeo - Jul 20, 2021 Disruption tools have the potential to dramatically change the face of the real estate industry. Nowhere is there a better example of real estate disruption than Zillow in the United States and their “Zestimate”, an automated property valuation (APV) that...
by news
Fri Jul 23, 2021 8:46 am
Forum: Real Estate Talks
Topic: B.C. apartment investment market is breaking records
Replies: 0
Views: 110

B.C. apartment investment market is breaking records

Steve McLean Residential Jul. 21, 2021 Total sales volume for apartment buildings throughout Greater Vancouver and Greater Victoria in the first six months of this year has already far surpassed the yearly average and shows no signs of slowing. “We’ve always been around from $1.2 to $1.4 billion and...
by news
Wed Jul 14, 2021 11:30 am
Forum: Real Estate Talks
Topic: Canadian Real Estate Prices Are Up 19%, Average Price Hits $734,000 In June
Replies: 0
Views: 178

Canadian Real Estate Prices Are Up 19%, Average Price Hits $734,000 In June

JULY 14, 2021 Canadian real estate prices are rising at a breakneck speed — even with slowing sales. The RPS House Price Index (HPI) made a huge leap in June for almost all markets. It didn’t matter where, even small towns have begun to outperform big cities. Let’s dive into the frothy month Canada ...
by news
Tue Jul 13, 2021 3:39 pm
Forum: Real Estate Talks
Topic: Canada’s office market outlook improves, but recovery is slow
Replies: 1
Views: 234

Canada’s office market outlook improves, but recovery is slow

Steve McLean Commercial Jul. 13, 2021 Major Canadian cities saw office vacancies either rise or hold steady from Q1 to Q2 in 2021, except Montreal where the vacancy rate dropped 10 basis points. That’s one of the findings from Cushman & Wakefield’s national Q2 office analysis, which showed the o...
by news
Wed May 19, 2021 8:32 am
Forum: Real Estate Talks
Topic: Canada’s rental markets cannot sustain imminent demand
Replies: 0
Views: 1901

Canada’s rental markets cannot sustain imminent demand

by Neil Sharma on 18 May 2021 Rental demand, as a consequence of Canadians priced out of the ownership market, has put immense pressure on supply, but the wrong policies are being touted as solutions. “Supply is not keeping up with demand and there is considerable demand for rental as it becomes mor...
by news
Fri May 07, 2021 8:12 am
Forum: Real Estate Talks
Topic: Bitcoin and real estate: can you buy real estate with Bitcoin investments?
Replies: 0
Views: 1389

Bitcoin and real estate: can you buy real estate with Bitcoin investments?

by Taylor Pipe on 06 May 2021 How the world-famous cryptocurrency is changing real estate transactions in 2021. One of the wildest developments to come out of the 2010s was the development of Bitcoin, a cryptocurrency that was once seen as a bit of a joke. However, Bitcoin is proving itself to be a ...
by news
Tue Apr 20, 2021 7:26 pm
Forum: Real Estate Talks
Topic: Federal government’s budget misses mark on housing
Replies: 0
Views: 2051

Federal government’s budget misses mark on housing

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...
by news
Sat Mar 20, 2021 9:11 am
Forum: Real Estate Talks
Topic: Listings avalanche hits March Metro housing market
Replies: 0
Views: 5352

Listings avalanche hits March Metro housing market

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...
by news
Sat Feb 27, 2021 11:00 am
Forum: Real Estate Talks
Topic: Despite pandemic, Canadians spending extravagantly on homes
Replies: 0
Views: 3934

Despite pandemic, Canadians spending extravagantly on homes

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,...
by news
Tue Feb 16, 2021 6:33 pm
Forum: Real Estate Talks
Topic: Huge sale shows Vancouver apartment prices holding steady
Replies: 1
Views: 4783

Huge sale shows Vancouver apartment prices holding steady

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...
by news
Mon Feb 08, 2021 5:52 pm
Forum: Real Estate Talks
Topic: The Pandemic Was Bullish For Canadian Real Estate, Confirms National Stats Agency
Replies: 0
Views: 4417

The Pandemic Was Bullish For Canadian Real Estate, Confirms National Stats Agency

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...
by news
Tue Feb 02, 2021 8:20 pm
Forum: Real Estate Talks
Topic: World Outlook Financial Conference FEB 5-6
Replies: 0
Views: 5470

World Outlook Financial Conference FEB 5-6

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...
by news
Sun Jan 17, 2021 9:36 am
Forum: Real Estate Talks
Topic: What Recession? Canadian Real Estate Sales Grow At Fastest Rate Since 2010
Replies: 0
Views: 4375

What Recession? Canadian Real Estate Sales Grow At Fastest Rate Since 2010

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 ...
by news
Sat Dec 19, 2020 7:30 pm
Forum: Real Estate Talks
Topic: Canadian Markets Are Seeing A Real Estate Boom With Population Declines
Replies: 2
Views: 5066

Canadian Markets Are Seeing A Real Estate Boom With Population Declines

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...
by news
Sun Nov 01, 2020 1:37 pm
Forum: Real Estate Talks
Topic: Toronto And Vancouver Condos Were Still Popular With Non-Resident Buyers
Replies: 1
Views: 4537

Toronto And Vancouver Condos Were Still Popular With Non-Resident Buyers

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...