Metro Vancouver home price decline will bottom in 2019, then reverse: forecastersPanel of developers predict housing trends for coming year with cautious optimism; one says single-family price correction was “necessary”

 

Home prices in Metro Vancouver may slide further in 2019 but then will recover as demand continues and supply remains constrained, according to a panel of developers at a 2019 forecast event.

Speaking at the Urban Development Institute’s annual Forecast Luncheon on January 17, Neil Chrystal, president and CEO of Polygon Homes, said, “This year, the single-family home market will remain slow, and experience further price corrections…. In order for prices in the multi-family market to stabilize, we must first find the bottom of the single-family market, and I believe this will happen in 2019. 2019 will be the year of a reset in the multi-family sector. Developers will have to offer new homes at reset prices.”

 
article continues below
 
 

Chrystal added, “I honestly believe this is a good thing. If any market was overshot it was the high-end single-family sector, and these price adjustments are long overdue, and quite frankly necessary, before the market can move forward again. But I think we’re near the bottom, because people will need to get on with their lives.”

Eric Carlson, founder and CEO of Anthem Properties, said, “Many are eager for the [home price] bubble to burst. But there is no bubble. This is just a slight adjustment. More expensive single-family homes will adjust more, and as you move towards the middle and lower end, prices will also adjust a little, stop, and then reverse. I expect these price declines to dissipate over the next year, even reverse by the end of the year, and here’s why. Once the market adjusts to whatever foreign buyers and [those affected by the speculation tax] leave it because of the taxes, new investor demand will take its place and prices will grow from there.”

 

Carlson agreed with Chrystal that a market slowdown can only last so long. “There’s still a push on the market. We still have these 15 to 20,000 new households forming every year, no matter what – and they need housing. And people can temporarily stay in their parents’ basement suites or double up, but at some point they’ll stop waiting and buy, and I think that ‘some point’ is some months away. And that’s happening no matter what’s going on in Shaughnessy or the British Properties.”

Carslon said that he also expected average rents to continue to rise by well above the rate of inflation, despite new rent control measures that tie rental price increases to inflation on occupied units.

Todd Yuen, president of industrial at Beedie Development Group, pointed to the influx of many thousands of new workers from companies such as Amazon as having an effect on demand in the housing market (known as the “Amazon effect”). He cited an anonymous source close to Amazon’s deal to occupy the former Canada Post building in downtown Vancouver, who told Yuen that with Amazon’s employees earning around US80K-$120 a year (CAD $106-$160K), the company was not concerned about finding housing for those workers.

“We’re expecting Amazon to bring in about 5,300 employees [to the Canada Post building]… Amazon’s workers want to be in a world-class city like Vancouver. There was no concern about availability of homes or pricing… Most of all, [Amazon values] Vancouver’s post-secondary education [as a source of new employees]. So they want to be here, and they’ll figure out the rest later.”

In response to moderator Jon Stovell’s question of whether such companies are “just going to stare down the housing market,” Yuen noted Microsoft’s recent announcement that the company is spending $500 million in Seattle on affordable housing, for its own workers and for the homeless, as an example of a possible solution.

 
 
 
© 2019 Vancouver Courier
Click here to take part in our readers survey
Read full post

CA
 
 
 
 
SIGN IN
 
 
0:35

Vancouver snowshoeing

No views39 seconds ago
 
 
0:36

City of Vancouver

No views2 minutes ago
 
 
0:32
 
0:35
 
1:06
 
0:37
 
0:32
 
0:34
 
0:32
 
2:02
 
1:34
 
0:57

New Year fireworks Vancouver

5 views2 weeks ago
 
 
0:32

Vancouver New Year Fireworks EastVan

17 views2 weeks ago
 
 
0:44
 
0:32
 
0:32

New Year's Skiing Mount Seymour

11 views2 weeks ago
 
 
0:32
 
0:40

Mount Seymour Sunrise Snowshoe

6 views2 weeks ago
 
 
Read full post

I have listed a new property at 404 710 CHILCO ST in Vancouver.
Rare WATERFRONT offering on Stanley Park. Enjoy all 4 seasons on Lost Lagoon. Post card views to blue lagoon, verdant Stanley Park forest & snow-capped North Shore mountains thru wall to wall windows. Iconic Mid-century equity co-op bldg circa 1958. Rare 2 BR, 2 bath plan w/windows in 4 directions. Substantial kitchen w/tons of storage & counter space. (WD possible w/permission). Move from a house! California king size master bdrm w/walk-thru closet & 4 piece ensuite bath. Exceptional value for this location. Estate sale. Bring your designer. 1 parking, 1 storage. Walking distance to yacht club, Coal Harbour, grocery & cafes. Tennis courts & pitch'n putt at your door. 35% down. No pets nor rentals. Quiet adult NS bldg. NOTE; No FBT,EHT,PPT
Read full post

I have listed a new property at 404 710 CHILCO ST in Vancouver.
Rare WATERFRONT offering on Stanley Park. Enjoy all 4 seasons on Lost Lagoon. Post card views to blue lagoon, verdant Stanley Park forest & snow-capped North Shore mountains thru wall to wall windows. Iconic Mid-century equity co-op bldg circa 1958. Rare 2 BR, 2 bath plan w/windows in 4 directions. Substantial kitchen w/tons of storage & counter space. (WD possible w/permission). Move from a house! California king size master bdrm w/walk-thru closet & 4 piece ensuite bath. Exceptional value for this location. Estate sale. Bring your designer. 1 parking, 1 storage. Walking distance to yacht club, Coal Harbour, grocery & cafes. Tennis courts & pitch'n putt at your door. 35% down. No pets nor rentals. Quiet adult NS bldg. NOTE; No FBT,EHT,PPT
Read full post

I have listed a new property at 2606 1008 CAMBIE ST in Vancouver.
This SE-facing, corner jr. 2-bedroom offers SWEEPING VIEWS of False Creek, Mt Baker, and the city, with a generously sized outdoor balcony that’s bathed in sunlight. Real HARDWOOD FLOORS, floor-to-ceiling windows, and power blinds provide a fresh, contemporary feel to the OVERSIZED LIVING SPACE of this unit – perfect for those who love to entertain! The recently RENOVATED KITCHEN boasts new granite counters, under-mount sink, and premium stainless steel kitchen appliances, including a Bosch induction range. Spectacular on-site amenities include an indoor pool, hot tub/sauna, exercise centre, squash court, guest suite, party room, meeting rooms, 24 hour concierge service, and more! Steps to parks, the seawall, restaurants, shopping and transit. 
Read full post

I have listed a new property at 305 1080 PACIFIC ST in Vancouver.
Stylishly updated 2 bedroom 1 bath downtown condo in superb location just steps from the beach! Features include an open concept living space w/chic bright kitchen & bath, large master bedroom w/nook, new doors & tile, built-in closets, quiet south exposure w/large balcony perfect for BBQ'ing. Solid building thats been re-piped (04), newer membranes, free laundry, and common rooftop patio with amazing sunset and water views. Steps from the Seawall, Sunset Beach, Downtown, Aquatic Center, and Granville Island ferry. One parking & locker. One cat allowed .. sorry no dogs. Rentals allowed but restricted to 33. Huge investment potential w/future re-development of site. Quieter unit that does not face Pacific Street.
Read full post

I have listed a new property at 315 1550 BARCLAY ST in Vancouver.
Idyllic one-bedroom tucked-away on a leafy stretch of Barclay St., in the highly sought-after Nelson Slopes in Vancouver's West End. A spacious and very quiet one-bedroom suite, with large outdoor patio surrounded by green and the beautiful mature West End canopy. This unique floor-plan features larger kitchen and storage, in-suite laundry, stainless-steel appliances, granite surfaces. 1550 Barclay, a lovely well-managed garden low-rise steps to English Bay, Stanley Park, Denman Street shopping and dining and all that West End has to offer. 
Read full post

In Canada's housing slowdown, Vancouver proves to be the weakest link

Vancouver is in 'full-blown correction mode,' RBC economist says, with more price depreciations expected

'Toronto is the blue-chip real estate of Canada': Brad Henderson, CEO Sotheby’s Realty8:32
Greg Quinn
Filed under

Vancouver’s housing market is looking more fragile than Toronto a year after policy makers tightened mortgage lending to slow a boom.

While the country’s two most expensive real estate markets have both been hit hard by higher interest rates and tougher mortgage regulations, the data suggest Toronto is faring better and showing signs of stabilizing, while Vancouver continues its slide.

Sales in the west coast city plunged 32 per cent last year, driving benchmark prices down 6.5 per cent over the past six months, according to Canadian Real Estate Association data released Tuesday. Toronto also saw sales fall sharply, but by half as much as Vancouver and with prices in Canada’s biggest city little changed in recent months.

Home sales in Vancouver plunged 32 per cent last year, according to Canadian Real Estate Association data released Tuesday.Gerry Kahrmann/PNG staff photo/Postmedia News files

“I’m not worried about Toronto, I’m worried more about Vancouver at this stage,” said Sebastien Lavoie, chief economist at Laurentian Bank Securities in Montreal. “The biggest worry I have for Vancouver really is the expectations that could turn a lot more downbeat because of the downward trend we are seeing now.”

I'm not worried about Toronto, I'm worried more about Vancouver at this stage

Sebastien Lavoie, chief economist at Laurentian Bank Securities

The relative performance reflects in part a bigger surge in prices during the boom in Vancouver, where they gained 68 per cent over the last five years. That’s ahead of Toronto’s 58 per cent increase.

“Vancouver is in full-blown correction mode,” Royal Bank of Canada economist Robert Hogue said in a research note Tuesday. “Prices are poised to depreciate more — potentially a lot more considering the degree to which they are still unaffordable to average buyers.”

–With assistance from Erik Hertzberg.

Bloomberg.com

 
0
Comments
Join the conversation 
Read full post

Is Vancouver’s Real Estate Market Crashing?


Prices are plummeting, taxes are up and the foreign money has run dry. Are the crazy times finished in the city’s real estate market?


January 15, 2019

By Kerry Gold / Photo: Graham Roumieu

 

Every good party reaches that stage where the bottles are empty, the one really drunk guy just won’t go home, and the reality of the morning’s looming cleanup has started to sink in.

That pretty much sums up Vancouver’s housing situation for 2019, which is looking a lot like the aftermath of a prolonged frenzy, during which some people made a fortune while affordability for the average income-earner tanked. The party raged from about 2012 to 2016 in the detached house market. And the condo market picked up steam from late 2016 to early 2018, with average downtown condos spiking at $1,124 per square foot last January. And then, by summer, everything went quiet. Inventory started climbing and sales started dropping. Detached house sales sunk some 32 percent in October 2018, to 146 houses, making it the third worst October on record, according to realtor Steve Saretsky, writer of the Saretsky Report.

Sales of condo units in Vancouver proper dropped 28 percent, the lowest since 2012. As of the fall of 2018, prices were just starting to follow, with $1-million price drops in West Vancouver properties becoming routine. Throughout Vancouver, sellers were slashing prices by several hundred thousand dollars.

(Illustration by Graham Roumieu)

“Price adjustments generally lag sales volumes by about two years,” says Saretsky. That’s because sellers need to get their heads around the fact that those astronomical prices have passed them by. “As sales drop, inventory begins to rise and the market adjusts to the changes.”

Saretsky says there are outside influences adding to Vancouver’s own changing market. “There is tightening of global liquidity as interest rates move higher and central banks remove stimulus. This is affecting interest rate-sensitive assets, such as real estate, across the world.”

Kevin Skipworth at Dexter Associates says the high-end detached market was hit hard first. “We have seen prices come off 15 to 20 percent in the prime market for detached homes. The sales volumes have come off quite dramatically,” he said in an email. “While some sellers are willing to sell at the lower prices, some are holding tight and not coming on the market. Buying opportunities are there, and some buyers are jumping on properties that have come off the highs.”

Considering that Vancouver has a median household income of $65,327, according to 2016 Statistics Canada data, the market was clearly driven by a combination of foreign money and speculative buying. At the peak, some developers set up sales centres in Singapore and Hong Kong, attempting to lure investors. However, in the third quarter of 2018, real estate marketing giant Knight Frank released its Prime Global Cities Index report, which ranked Vancouver at the very bottom of a list of 43 cities. In terms of luxury properties, prices had dropped by 11.2 percent in Vancouver. Other cities feeling affordability pressures hadn’t seen the same drop-off in the high end. San Francisco held strong at fourth place and Toronto took seventh. What happened, Vancouver?

 
“The market is in a corrective phase, and that’s exposing the weakness in our economy,” he says, referring to the low household incomes that can’t afford house prices. 

The report cited the “raft of [tax] measures introduced in February’s budget” by the NDP government, including an increased foreign buyer tax of 20 percent as the culprit. The province’s speculation and vacancy tax, which will tax foreign owners at two percent beginning in 2019, and the city’s new one-percent empty homes tax are also curtailing any speculative profits. “We are going to be down for many years,” says long-time west-side realtor Bryan Yan.

Yan also cites the requirement for buyers to pass the new “stress test,” which is their ability to service a mortgage of two percent more than that offered by their lender, or the Bank of Canada’s five-year fixed rate of 5.34 percent (as of November). “The market is in a corrective phase, and that’s exposing the weakness in our economy,” he says, referring to the low household incomes that can’t afford house prices. 

“With all these taxes, and the lack of foreign money coming in, prices for more expensive properties are going to drop more than 10 percent. Anything currently under $1 million will drop five percent,” he forecasts. “That’s why I’m telling all my clients not to buy until the 2019 assessments come out. They will be lower, and all price reductions will come after that.”

If you do have to sell then, do it as soon as you can, he advises.

Realtor Ian Watt, who specializes in downtown condos, sees an even steeper drop—about 30 to 40 percent for 2019.

“We have to come back down to earth,” he says. “Real estate in Vancouver is always going to go up a couple percent every year because we have no land and a lot of people moving to the city. But condos went up 93 percent in 36 months, so it’s got to go back down to where a two to three percent gain will make sense. That’s normal growth.”

 
Read full post

Stress test to blame as B.C. home sales decline 25% in 2018, BCREA says

Province now below 10-year average for units sold

 
Total value of real estate sales in B.C. also declined by a quarter in 2018, with the figure of $55.8 billion 24.2 per cent less than the 2017 total. (Jonathan Hayward/Canadian Press)

Residential property sales in B.C. dipped by a quarter in 2018, putting the province below the 10-year average for units sold.

The B.C. Real Estate Association (BCREA) reported Tuesday that sales declined 24.5 per cent in 2018, compared to the previous year.

The sales of 78,345 residential properties were recorded by the Multiple Listing Service in 2018. That compared to 103,758 reported sold in 2017.

The province's 10-year average stands at 84,800 units sold per year.

Stress-test effect

BCREA chief economist Cameron Muir said the sharp decline was caused by the mortgage "stress test" introduced in January 2017, which made qualifying for credit more difficult, especially for new home buyers.

The new rules meant banks were required to test finances to ensure those applying for a mortgage would be able to pay higher rates.

That's blocked some buyers and cooled off some markets, as more potential buyers struggle to meet the test, said Muir — who added that sellers are now having to price their property more conservatively.

"The impact for [B.C.] consumers is that most markets now are either in balanced conditions or, in some segments in Vancouver, in buyers territory. So, home sellers have to have a very sharp pencil now around pricing their homes," said Muir.

The average price of a residential property sold in B.C. last December also decreased, according to the BCREA.

 
A chart showing the number of home sales in B.C. per year since 1998, and the most recent 10-year average.(BCREA)

The average price listed in December 2018 was $695,647, a 5.2 per cent decrease from the average in December 2017.

The total value of sales was also down significantly in the last month of the year, at $2.4 billion — a 42.3 per cent decline compared to December 2017.

Over the year, real estate sales in B.C. hit a total of $55.8 billion — a 24.2 per cent decline compared to 2017.

On the other hand, the number of active listings increased.

Some 27,615 properties or units were listed in December 2018 — a 33 per cent increase over 2017 — giving last month the highest property inventory available in the province since 2014.


 
Read full post

Canadian home prices fall for third month in a row, even in Vancouver

'The recent trend of home prices is clearly downward in most metropolitan markets'

'Toronto is the blue-chip real estate of Canada': Brad Henderson, CEO Sotheby’s Realty8:32

TORONTO — Canadian home prices fell in December for the third consecutive month, led by weakness in Edmonton and Vancouver, data showed on Monday.

The Teranet-National Bank Composite House Price Index, which measures changes for repeat sales of single-family homes, showed prices fell 0.3 per cent last month from November.

Prices fell in seven of the 11 markets surveyed, Teranet said. Edmonton prices fell 1.4 per cent, while prices in Vancouver were down 1.2 per cent. It was the fifth straight month without an index rise for the most populous metropolitan area in British Columbia.

“The recent trend of home prices is clearly downward in most metropolitan markets,” Teranet said in the report.

Canada’s once-hot housing market has softened this year, weighed by tighter mortgage rules and five interest rate hikes from the Bank of Canada since July 2017.





Prices rose 2.5 per cent in December on an annual basis, the smallest 12-month advance since 2009, Teranet said.

© Thomson Reuters 2019

Read full post

I have listed a new property at 2640 VENABLES ST in Vancouver.
Beautifully updated 4 bdrm /3 full bath family home in a perfect Renfrew location. Fully renovated thru-out but retains the original charm w coved ceilings, HW floors original fir window/ door casings, glass door knobs and more! Modern updates incl gorgeous new kitchen and baths, new Hi eff windows, plumbing, wiring, stamped concrete walk ways and patios, oversized re-built garage plus gated RV parking. Downstairs is a 1 bdrm suite PLUS extra bedroom and bath, perfect for teenager or guests. (could be a studio suite) Fully fenced yard with garden, patio and deck. Enjoy this fantastic location in Hastings Sunrise. Walk to schools, shopping and transportation. Or take the Adanac Bike route, 15 mins to DT! This is a must see home!
Read full post

I have listed a new property at 1 868 CASSIAR ST in Vancouver.
Historic Terra Vita Place 3 bed townhome nestled in a quiet family neighbourhood on the edge of the Vancouver border. Location is fantastic for commuters to North Vancouver, Burnaby and Langley. Walk to everything! This 1700+ sq ft home has 3 bedrooms, 2 full baths and equal amounts of character! 8 ft windows and 12 ft ceilings on the main living level with cozy gas fireplace and french doors opening to your balcony. Large dining area and private nook area perfect for small office space. One bed on the lower level could be rec room. Top level houses the master and secondary bedroom and new insuite laundry. Catchment - Sir John Franklin Elementary and Templeton Secondary. One parking and Storage locker
Read full post

I have listed a new property at 307 3133 RIVERWALK AVE in Vancouver.
Imagine being able to grab your favorite Starbucks beverage, then go on a nature walk by the river, after which you experience an enjoyable meal at Romer's Restaurant or a relaxing yoga class in a beautiful community centre. All this are steps from your front door today. Unique 2 bed, 2 bath opportunity to live in Vancouver's newest, largest, affordable and final waterfront community. New Water by Polygon is located in the extraordinary River District development. Your 879 sq.ft. home comes with a gourmet kitchen featuring stainless steel appliances, quartz counter tops and ample storage. In-floor radiant heating, spa inspired ensuite and a walk in closet are just a few of the luxurious features you will find in this home. 
Read full post

 

Iain Reeve and Cassandra Sclauzero.

THE CANADIAN PRESS

Iain Reeve and his wife moved from rental home to rental home in Vancouver but their final solution for secure housing was to move to Ottawa and buy two houses – one for them and another for his parents.

He and his wife, Cassandra Sclauzero, are professionals in their mid-30s who wanted to start a family, but they couldn’t afford to buy in Vancouver.

“We wanted to own a home to have stability, and peace of mind and flexibility,” Mr. Reeve said.

“The rental market didn’t have stability. We both had settled into pretty good first jobs. But as much as we loved the city and had these connections, it wasn’t worth it.”

They were “kicked out” of a few places in three years through no fault of their own, he said, adding that it was because people were selling or flipping properties.

 

Mr. Reeve grew up and went to university in Vancouver.

“I also have parents who live in the Vancouver area who don’t own a home and are working class and not a ton of money saved for retirement, and I’m an only child,” he said. We just couldn’t even get our foot in the door in terms of stable housing.”

Mr. Reeve said he knows a number of people who are thinking of moving out of the city simply because of the housing market.

“Life is challenging enough, it’s so hard when you have [housing] insecurity all the time.”

Statistics show that Vancouver, and British Columbia more generally, is losing skilled workers to other parts of the country.

 

STORY CONTINUES BELOW ADVERTISEMENT

CMHC spokesman Leonard Catling said one of the main reasons people between the ages of 21 and 25 come to Metro Vancouver is for university, but they move out as they get older.

A December news release from Statistics Canada shows that B.C.’s population crossed the five-million mark for the first time because of international migration.

However, it lost about 1,200 people to other provinces in the third quarter of 2018 after 21 quarters of gains. Ontario, Alberta and Nova Scotia had the largest gains in population from other provinces.

Andy Yan, director of the City Program at Simon Fraser University, said Vancouver is mostly able to attract people early in their careers, whether they come for education or a job, but it has a problem retaining talent.

Even if they earn a relatively high wage, he said, they can’t afford anything except condominiums.

“In a world like that, the labour pool has options,” he said, noting that other provinces offer much more housing for their salaries.

 

Finance Minister Carole James said in an interview “there’s no question that Vancouver is facing a brain drain.”

“Crisis is not too strong a word to describe the challenges we are facing, not just in Vancouver, but other urban settings around our province,” she said.

In her budget speech last year, she said young professionals are moving out of the province because they can’t find housing.

Mr. Yan said Vancouver is losing people in certain age groups. Those between 35 and 45 are usually at the apex of their careers and thinking about their first or second child. But they might find themselves still having to share housing if they stay in Vancouver, he said.

“It doesn’t become cool when you’re 37 and have a roommate.”

In its December report on the housing market, the Real Estate Board of Greater Vancouver pegged the average price of a detached home at a little more than $1-million. An apartment was about $664,100 and an attached home stood at about $809,700.

 

Figures from BC Assessment, the Crown agency that develops and maintains property assessments in the province, show the housing market is moderating, with the estimated value of some homes in Metro Vancouver dropping about 10 per cent.

Nationally, experts have said higher interest rates and a new mortgage stress test have also had an impact on property prices across the country.

But Mr. Yan said despite those changes, housing in the Vancouver area remains unaffordable.

Kevin Olenick, who is in his mid 40s, moved back to Vancouver earlier this year. He grew up in Calgary and spent about six months in Kamloops.

“I’m one of the minority who would say moving back here makes sense,” he said, adding that the creative field he works in provides for more opportunities in Vancouver than in other places.

But he said he understands the challenges of living in the city.

“You wouldn’t want to move here if you have a family. It’s especially tough to find a home and buy a home,” he said. “I’m renting … but if you’re looking to start a family I can certainly understand why you’re moving out of Vancouver.”

B.C. Ministry of Housing spokeswoman Melanie Kilpatrick said the government has announced measures that are helping to cool the real estate market and moderate prices with a 30-point housing plan.

Mr. Yan said that a study he did in 2018 shows that while home prices in Metro Vancouver were still the highest in Canada, median household income was the lowest. The study also showed that Vancouver remained the least affordable city in the country.

Since both ownership and rental is becoming more and more difficult, other problems with the labour force are becoming clearer, he said.

Ms. James said the government is aware of the problem and working on it.

Jas Johal, the jobs critic for the BC Liberal party, said the NDP government needs to focus on increasing the supply of housing, not taxes.

The NDP government has limited rent increases to 2.5 per cent a year starting this month. A speculation and vacancy tax was also introduced, aimed at moderating the housing market and creating more homes for renters.

But Mr. Yan said neither the speculation tax nor the vacancy tax will make much of a difference, and if the city continues to lose workers, it will lose its competitive edge. “And I think that one of the biggest challenges is that how do you build an economy – one that’s knowledge based – when that population seems to be leaving the city?”

 
 
 
 
 REPORT AN ERROR
 
 
 
 
 
 COMMENTS
 
Read full post

Arthur Erickson classic in West Vancouver on market for three times assessed value

What's interesting about this listing — particularly in light of recent B.C. Assessment figures that show detached homes in West Vancouver fell on average 12 per cent between July 1, 2017 and July 1, 2018 — is its assessed value.

This Arthur Erickson designed home is on the market for $16.8 million, which is over three times its assessed value. MLS.COM

SHAREADJUSTCOMMENTPRINT

West Vancouver home described as famed architect Arthur Erickson’s “most complete work” is on the market for $16.8 million.

The big price and stunning features of this curved steel and glass home, completed in 1988 for fabricator Hugo Eppich and his wife Brigitte, were of enough interest internationally that the Daily Mail published a story on the home on Sunday.

The article gushes about the home as a “three-tier masterpiece” and a “waterfall of steel and glass”. The home also contains several pieces of furniture and other features designed by Erickson and comes with a carriage house and — naturally — a pool. It has been in the Eppich family since it was completed.

The pool at 1056 Groveland Road, West Vancouver. MLS.COM

Erickson, a Second World War veteran who died in 2009, had as his trademark the ability to create designs that fit into the natural environment and climate of the building lot. His notable accomplishments include the Simon Fraser University campus in Burnaby and the Museum of Anthropology at UBC in Vancouver. But he also designed many fine homes, including some in West Vancouver.

What’s interesting about this listing — particularly in light of recent B.C. Assessment figures that show detached homes in West Vancouver fell on average 12 per cent between July 1, 2017 and July 1, 2018 — is its assessed value.

RELATED

According to B.C. Assessment the home is 6,257 square feet — though the real estate listing states it’s 5,887 square feet — and sits on a 1.18 acre lot (the listing can be seen here.)

The assessment authority, as of July 1, 2018, valued the home at $5.258 million, which is comprised of $4.14 million for the land and $1.118 million for the house itself. That’s a $1.6 million drop in assessed value from July 1, 2017, when it was considered by the Crown agency to be worth $6.861 million.

In the current falling real estate market, where homes are being advertised as “below assessed value”, that makes this an unusual listing, not just for the artistic and stunning home that it is, but for the markup based on the fame and noted architectural value that is placed on Arthur Erickson.

dcarrigg@postmedia.com

twitter.com/davidcarrigg


Read full post

Canadian House Prices To Drop As 'Huge' Wave Of New Homes Arrives: Report

The lag between start and completion means little can be done about a flood of new homes.

 
Construction cranes along the skyline in Toronto, Dec. 6, 2012. The slowdown in Canada's housing market will get worse before it gets any better, a new analysis predicts, because the country is about to be flooded with a "huge amount" of new homes.
MARK BLINCH / REUTERS
Construction cranes along the skyline in Toronto, Dec. 6, 2012. The slowdown in Canada's housing market will get worse before it gets any better, a new analysis predicts, because the country is about to be flooded with a "huge amount" of new homes.

The slowdown in Canada's housing market will get worse before it gets any better, a new analysis predicts, because the country is about to be flooded with a "huge amount" of new homes.

"Canada has been undergoing a construction boom," Capital Economics senior economist Stephen Brown wrote in the report issued last week. "As has been typical of historic real estate cycles around the world, new supply will reach the market just as demand is falling."

Watch: Historic Eppich House 2 for sale in Vancouver. Story continues below.


Indeed, home sales in Toronto in 2018 were 15 per cent below their historical norm in 2018, while in Vancouver they ran 40 per cent below the long-run average.

If the percentage of unsold new homes in Vancouver remains what it is, the number of unsold houses on the market will double in the metro area over the next two years as 40,000 new homes come on the market, Brown predicted.


CAPITAL ECONOMICSUnsold units in Vancouver will pile up over the next two years, even if developers cut new construction to zero.


The situation isn't quite so dire in Toronto — yet. Just one per cent of new homes in the area sits unsold, compared to 7 per cent in Vancouver. But Brown expects Toronto to follow in Vancouver's footsteps this year.

Developers will react by cutting back on new housing starts. But the lag between start and completion means the problem will happen regardless of what developers do now, Brown suggested. Even if Vancouver stopped building new homes entirely, the oversupply in the next two years would be nearly as large as if construction continued.

All of which could have a negative effect on the economy, starting with falling house prices.

"That, in turn, is likely to feed through to weaker consumer spending. Even more significantly, an end of the construction boom will weigh heavily on investment," Brown wrote.

Earlier on HuffPost Canada:


But not everyone is convinced that the elevated levels of home construction mean there is an oversupply.

In a report last year, Bank of Montreal noted that Canada's population growth has accelerated in the past few years, thanks to higher immigration levels, and is now growing at the fastest pace in decades. That means we may be underestimating just what the "right" amount of new housing in Canada is, the bank's economists suggested.

"As has been typical of historic real estate cycles around the world, new supply will reach the market just as demand is falling."Stephen Brown, Capital Economics

That's also the view of many in the industry, who see a higher chance of housing shortages than oversupply in the coming years.

"With an increasing number of gainfully employed people looking to put a roof over their heads, and the scarce availability of rental accommodation, policy makers in our major markets will once again be struggling with housing shortages," said Phil Soper, president of realtor Royal LePage, in a market forecast in December.

"More than an affordable housing problem, we will once again be facing an overall housing supply crisis," Soper said.

"The future for Canadian housing remains bright, perhaps too bright."

Read full post

Opinion: When is the best time to buy in a down market?Many first-time buyers are taking a wait-and-see approach, in case home prices drop further - is that the best strategy?

 

Recently I was asked to guest live on CityTV’s BT Vancouver morning news show to recap a range of industry predictions for real estate in 2019. During the interview, I was asked what strategy first-time buyers should adopt if they’re hoping to get into the market but are waiting to see what will happen. 

This question, of trying to time the market, is one that comes up time and time again — no matter whether we’re in a rising market, in a down market, or in a steady market (which, in fact, we have now, in terms of prices for entry-level homes). People have a terror of buying a home at the “peak” of the market, or at another point where prices will drop after they’ve bought the home  but I don’t think this is something to fear.

 
article continues below
 
 

To make my interests clear: I’m not a real estate agent or adviser, I’m a writer and editor who specializes in real estate and spends her days analyzing and reporting on market statistics. I have nothing to gain from advising anyone to buy homes, and I am not paid by anyone other than the media company for which I work, which gives me free rein to share my views as I see fit. I own a condo (my home) plus a long-term investment studio in Vancouver. I don’t offer advice to try to buoy the market, but simply because I’ve been lucky enough to get into this position (largely by ignoring those who told me not to buy yet) and I want to share what I’ve learned.

The very smart senior analyst of the Real Estate Investment Network, Don Campbell, once said to me, “The past two decades are littered with the bones of those who stayed on the sidelines of the real estate market.” That phrase stayed with me, as I see it all the time  friends in their 50s and 60s who are still renting, and will now likely pay rent throughout their retirement years. They all tell me, “I wish I’d bought when I was younger. Homes seemed so expensive, even back then - but that’s nothing compared with what they are now.”

 

Exactly. The £182,000 (British pounds) I paid for my tiny first flat in South London, a 50-minute commute from work, seemed astronomical 15 years ago. I could only raise a 5 per cent down payment and take out an interest-only mortgage. And everyone told me not to buy it, as “we’re at the peak of the market.” They said the same thing when I moved up to a larger place even further out of town, for £240,000, in 2008. That really was the then-peak of the market, as immediately after I bought it, the recession hit and its value dropped by 15 per cent.

But no matter. I was still above water, as my mortgage was still only £175,000, and over the next few years the value more than recovered. I sold it for £280K in 2014, and that’s how I had a down payment to buy a condo in downtown Vancouver. 

That’s how real estate works. There is no price “peak,” only a fluctuating, but generally upward, line. If you’re looking at holding onto a home for a reasonable length of time, if you can afford the mortgage and if you have a decent down payment, just go for it  trying to time the market is a fool’s errand. Those price predictions I spoke about last week differ considerably, so nobody really knows what will happen this year, or next. Sure, the general consensus is that here in Metro Vancouver, average home prices might dip by a couple of per cent this year. But even if that happens, interest rates are rising. So a lower average home price a) doesn’t mean the specific home you want to buy will be any cheaper and b) even if it is, it doesn’t mean it’s more affordable, if mortgage costs are going up. 

The only buyers I’d recommend to wait are speculators looking for a quick flip. For everyone else, if you hold on to your home for long enough, it will always end up higher than you bought it for.

Now we are facing an influx of one million additional people in Metro Vancouver by 2050. Political migration, climate migration, our relatively stable economy, our Pacific Rim position, and many other factors will, in my opinion, mean that even if prices dip in the next year or so, they will at some point over the next decade exceed their previous peak. And by the time we get to 2050, I predict that today’s Millennials will be wishing they had bought 30 years previously, when the average cost of a condo was “only” $600,000 and they could’ve gotten a great little pad in Surrey for $250K. 

You really don’t want to be on the wrong side of the price rises that could be ahead of us over the next 10 or 20 years. So if you're lucky enough to be able to buy a home  whichever location you can afford, and in whatever size home  just go for it. I did, and I’ve never regretted it.

 
 
 
© 2019 Vancouver Courier
Click here to take part in our readers survey
Read full post

Attempted land assembly deal has 33-foot East Vancouver lots listed for $3.4 million

NEWS: B.C. HOME SALES IN NOVEMBER DOWN 18% FROM OCTOBERX
 

WATCH: At the height of Metro Vancouver's real estate price craze some homeowners have banded together. They hope to get big bucks from developers wanting to build condos. But as Kristen Robinson reports, at this stage it's a long shot for those looking to cash in.

 A A 

There are 43 homes on East Broadway  between Nanaimo and Rupert Street currently for sale for well over their assessed value – some as high as $3.4 million for a 33-foot lot.

It’s all because a group of residents are trying to put together a land assembly deal.

“The realtor told me I could get $3.4 million,” Rose Bautista, one of the homeowners, said. Her home is listed at over $2 million above its assessed value.

Another homeowner, Barbara Alexandris, has owned her home for 30 years but says if the right offer came she would sell.

“I love the house… But you get me good money and I’ll help my kids and sell the house,” Alexandris said.

But Michael Geller, a Vancouver planner and architect, says there is no way a developer could build affordable rental housing – what Vancouver so desperately needs – with a land value that high.

“Just the cost of the land alone for a one-bedroom apartment would be $200,000, then you add in the cost of construction.”

He says no developer interested in creating affordable housing would be interested in buying these properties.

“These are 33-foot lots in this location, and people are trying to sell them for more than 33-foot lots in Dunbar, one of the best neighbourhoods in Canada,” Geller said.

More importantly, the area is only zoned for building rental housing or ownership condominiums priced at 20 per cent below market value.

“So far to the best of my knowledge, no one has built condominiums at 20 per cent below market value.”

Geller believes the realtors are trying to target a foreign buyer who is looking for land to develop and may not be familiar with the city policies.

“The realtors are encouraging the owners to band together, offer their properties for sale, and then they’re hoping to find some buyer who isn’t as familiar with the economics of developing in Vancouver who will buy these properties and hold them, hoping that some time in the future there will be a zoning change where they’ll be able to do something else with the properties,” Geller said.

He calls anyone who would pay these prices for the homes on East Broadway “a fool”, but even if someone does snap them up, Geller says there won’t be any development on this stretch of East Broadway for several years because of zoning.

With files from Kristen Robinson

© 2017 Global News, a division of Corus Entertainment Inc.

Read full post

Read full post

Karen Nicolay learned her family’s rental home had been sold for $6 million as part of a land assembly. Photo Google Street View


For the second time in two years, Karen Nicolay and her family find themselves in search of a home.

A year-and-a-half ago, Nicolay, her husband Nigel Pike and their two high school-aged sons had to move because the townhouse they were renting for the past seven years had been sold. Now, the modest 1950 house they’ve been renting on West 49th has been snapped up as part of a land assembly. Nicolay learned the purchase price was a breath-taking $6 million for the property, which B.C. Assessment valued at $3,629,800 last July.

Nicolay and Pike are co-owners of the family-run Cascade Company, which owns and operates Main Street restaurants the Cascade Room, the Union and El Camino’s. Pike is also a co-owner of Main Street Brewing Co. So it’s particularly sobering to consider that a couple who are part of three successful restaurants, with a share in a brewery and deep roots in the community can’t even get a secure foothold in Vancouver’s out-of-control housing market.

 

“We rented this house thinking it was great,” Nicolay told the Courier. “The owners of the house, a brother and sister — it was their parents’ house since the 1950s — had no interest in selling it. We figured we’d have a few years, while we figured out what we were doing as well. So we felt fairly secure coming into it.”

 

But Nicolay started to suspect their days were numbered a few months ago when the two houses beside them sold and men driving Land Rovers and Mercedes began “sniffing around” one day.

“And I was like, ‘Hmm, I’m not digging that.’”

Nicolay says she doesn’t begrudge her landlords for selling — $6 million is tough to turn down, afterall — but she does worry about the tenuous state of housing in the city.

“Obviously it’s super upsetting for us. This is one house we’ve really loved. But I get it — I understand completely. But it’s just outrageous. What bothers me is what happens to the next generation… Yeah it’s a pain in the ass because we have to move, but I worry about the next time and the time after that. I worry about the family down the street.”

Situated across from Langara College and near the Cambie corridor, Nicolay’s single-family home is red meat for developers, same goes for the 1944-built house next door swept up in the same land assembly. But what’s more alarming, says Nicolay, is the other house that’s part of the three-house package was only built in 2010 and has an assessed value of $4,268,000.

“I understand we’re on a great bus route and we’re right across from the college… I just think it’s very unfair and unnecessary to continue to put up these condo developments that aren’t even going to be accessible to the average person.”

She added, “I wouldn’t be surprised if they have their eye on the whole block. There’s a sweet old 90-year-old woman down the block and I want to make sure she knows how much these people are getting to make sure she gets her money’s worth.”

In the meantime, Nicolay and family have a year to find new digs. And although she’s noticed a number of rental homes in nearby neighbourhoods, Nicolay is hesitant.

“This isn’t my dream neighbourhood by any stretch, but there are nice little homes and you can see that their days are numbered. Anything in the Oakridge area? Forget it, it’s going to go… They’re just offering more and more money.”

mkissinger@vancourier.com
@MidlifeMan1

Read more from the Vancouver Courier

Read full post

All you need to know about the 2019 assessments

Have you checked your 2019 assessment yet?

BC Assessment (BCA) sent home owners their 2019 assessment notices last week, which reflect your home's market value as of July 1, 2018.

In Greater Vancouver, strata units saw overall increases, with Whistler leading the way (23 per cent and more), followed by Squamish (19 per cent and more), and Port Coquitlam (16 per cent).

In contrast, assessments for detached homes were mixed and ranged from a 14 per cent increase in Pemberton to a 12 per cent decrease in West Vancouver.

If your home had a significant increase or decrease, you would have received a warning assessment in early December 2018.

For new construction or substantially renovated homes, the estimate is based on the physical condition as of October 31, 2018.

Viewing the assessment notice

You can also see a property’s assessment by inputting your address on e-valueBC on BCA’s website.

Details include a photo, a property description (land and buildings), the total assessed value, the previous year’s value, the legal description and property ID.

If property details are incorrect, you can complete and submit an e-valueBC Data Validation Form.

You can also compare neighbouring properties and sample sold properties to decide whether your property has been correctly assessed.

What if I disagree with my assessment?

If you disagree with your assessment, you should do your homework by:

  • comparing their assessment with neighbouring properties; and
  • contacting BCA at 1-866-valueBC (1-866-825-8322), talking with staff who can make adjustments if there’s an obvious error, for example if BCA included a complete renovation when there was only a spruce-up or an upgrade for plumbing or electrical.

Property owners who decide to appeal their property assessment should review information on the Property Assessment Appeal Board website on how to prepare for an appeal and then complete a Notice of Complaint (Appeal) Form. (Step 7)

The deadline to appeal your assessment is January 31, 2019.

Sample assessment value changes by neighbourhood

Source: BC Assessment
Location

2018 assessment roll

(valuation date of July 1, 2017)

2019 assessment roll

(valuation date of July 1, 2018)

$
change
%
change
Burnaby detached $1,578,000 $1,531,000 -$65,000 -4%
Burnaby strata $558,000 $624,000 $66,000 +12%
Coquitlam detached $1,251,000 $1,254,000 $3,000 +0.2%
Coquitlam strata $521,000 $591,000 $70,000 +13%
Maple Ridge detached $757,000 $820,000 $63,000 +8%
Maple Ridge strata $394,000 $464,000 $70,000 +18%
New Westminster detached $1,133,000 $1,147,000 $14,000 +1%
New Westminster strata $478,000 $547,000 $69,000 +14%
North Vancouver, District detached $1,668,000 $1,668,000 N/A +/-0%
North Vancouver, District strata $709,000 $758,000 $49,000 +7%
Pemberton detached $727,000 $828,500 $101,500 +15%
Pitt Meadows detached $804,000 $871,000 $67,000 +8%
Port Coquitlam detached $936,000 $969,000 $33,000 +4%
Port Coquitlam strata $461,000 $534,000 $73,000 +16%
Port Moody detached $1,284,000 $1,342,000 $58,000 +5%
Port Moody strata $583,000 $648,000 $65,000 +11%
Richmond detached $1,570,000 $1,532,000 -$38,000 -2%
Richmond strata $598,000 $654,000 $56,000 +9%
Squamish detached $875,000 $927,000 $52,000 +6%
Squamish strata $492,000 $583,000 $91,000 +19%
Vancouver detached $1,832,000 $1,756,000 -$76,000 -4%
Vancouver strata $700,000 $740,000 $40,000 +6%
West Vancouver detached $3,184,000 $2,806,000 -$378,000 -12%
West Vancouver strata $1,211,000 $1,285,000 $74,000 +6%
Whistler detached $1,743,000 $1,935,000 $192,000 +11%
Whistler strata $781,000 $962,000 $181,000 +23%

Did you know?

  • BCA is a provincial Crown corporation. Since 1974, it’s been responsible for determining and reporting property value estimates.
  • For 2018 BCA reported 2,067,479 properties in its database, an increase of 1.07 per cent from 2018.
  • Total value of real estate on the 2019 BC assessment roll is $1.99 trillion, an increase of 7.45 per cent from 2018.
  • In BC, 88 per cent of all properties are classified as residential (class 1).
  • BCA’s assessment roll provides the foundation for local and provincial taxing authorities to levy property taxes each year which fund community services including the school system.

RELATED ARTICLES

Read full post

METRO VANCOUVER MARKET HIGHLIGHTS
YEAR-END 2018 | DECEMBER 2018
DETACHED
Active Listings:
4,925
Sales:
348
Benchmark Price:
$1,479,000
Avg. Days On Market:
56
TOWNHOUSE
Active Listings:
1,579
Sales:
189
Benchmark Price:
$809,700
Avg. Days On Market:
44
APARTMENT
Active Listings:
3,771
Sales:
535
Benchmark Price:
$664,100
Avg. Days On Market:
41

Metro Vancouver home sales decline below historical averages in 2018

2017
35,993
Sold
2018
24,619
Sold
(-31.6)
Residential property sales in Metro Vancouver

Metro Vancouver* home sales in 2018 were the lowest annual total in the region since 2000.

The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties reached 24,619 on the Multiple Listing Service® (MLS®) in 2018, a 31.6 per cent decrease from the 35,993 sales recorded in 2017, and a 38.4 per cent decrease compared to the 39,943 residential sales in 2016.

Last year’s sales total was 25 per cent below the region’s 10-year sales average.

"This past year has been a transition period for the Metro Vancouver housing market away from the sellers’ market conditions we experienced in previous years. High home prices, rising interest rates and new mortgage requirements and taxes all contributed to the market conditions we saw in 2018."
Phil Moore, REBGV president

Home listings in Metro Vancouver reached 53,614 in 2018. This is a 1.9 per cent decrease compared to 54,655 homes listed in 2017 and a 6.9 per cent decrease compared to the 57,596 homes listed in 2016.

“The supply of homes for sale will be an important indicator to follow in 2019. We’ve had record building activity in recent years and many projects will complete soon. This will provide additional housing options for home buyers across the region,” Moore said.

The MLS® HPI composite benchmark price for all residential homes in Metro Vancouver ends the year at $1,032,400. This is a 2.7 per cent decrease compared to December 2017.

“As the total supply of homes for sale began to accumulate in the spring, we began to see downward pressure on prices across all home types throughout the latter half of the year,” Moore said.

The benchmark price of detached homes in the region declined 7.8 per cent over the last 12 months and 7.3 per cent since June 2018. Apartment homes increased 0.6 per cent over the last 12 months and have declined 6.4 per cent since June 2018. The benchmark price for townhomes in Metro Vancouver have increased 1.3 per cent since December 2017 and have decreased 5.3 per cent over the last six months.

December summary

December 2017
2,016
Sold
December 2018
1,072
Sold
(-46.8)
Residential property sales in Metro Vancouver

REBGV reports that residential home sales in the region totalled 1,072 in December 2018, a 46.8 per cent decrease from the 2,016 sales recorded in December 2017, and a 33.3 per cent decrease from November 2018 when 1,608 homes sold.

Last month’s sales were 43.3 per cent below the 10-year December sales average.

There were 1,407 detached, attached and apartment homes newly listed for sale on the MLS® in Metro Vancouver in December 2018. This represents a 25.6 per cent decrease compared to the 1,891 homes listed in December 2017 and a 59.3 per cent decrease compared to November 2018 when 3,461 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 10,275, a 47.7 per cent increase compared to December 2017 (6,958) and a 16.5 per cent decrease compared to November 2018 (12,307).

For all property types, the sales-to-active listings ratio for December 2018 is 10.4 per cent. By property type, the ratio is 7.1 per cent for detached homes, 12 per cent for townhomes, and 14.2 per cent for apartments.

Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

Sales of detached homes in December 2018 reached 348, a 43.6 per cent decrease from the 617 detached sales recorded in December 2017. The benchmark price for a detached home is $1,479,000. This represents a 7.8 per cent decrease from December 2017 and a 1.4 per cent decrease compared to November 2018.

Sales of apartment homes reached 535 in December 2018, a 34 per cent decrease compared to the 1,028 sales in December 2017. The benchmark price of an apartment home is $664,100. This represents a 0.6 per cent increase from December 2017 and a 0.6 per cent decrease compared to November 2018.

Attached home sales in December 2018 totalled 189, a 49.1 per cent decrease compared to the 371 sales in December 2017. The benchmark price of an attached home is $809,700. This represents a 1.3 per cent increase from December 2017 and a 1.1 per cent decrease compared to November 2018.


Areas covered by the Real Estate Board of Greater Vancouver include: Whistler, Sunshine Coast, Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody, Port Coquitlam, Coquitlam, Pitt Meadows, Maple Ridge, and South Delta.

Read full post

Everything you need to know about BC's Speculation and Vacancy Tax

Bill 45: Budget Measures Implementation (Speculation and Vacancy Tax Act) was introduced in the legislature on October 16, 2018. The name of the tax has changed since it was first proposed in the February 2018 provincial budget. Legislation is in place and received royal assent (became law) on November 27, 2018.

The tax is a part of the BC government’s 30-Point Plan to address BC's housing needs.

The tax will apply in these designated taxable regions of BC:

  • Metro Vancouver, including the University Endowment Lands, but excluding Bowen Island and Lions Bay;
  • Abbotsford, Mission, Chilliwack;
  • Kelowna, West Kelowna,
  • Capital Regional District,
  • Nanaimo
  • Lantzville

Reserve lands, treaty lands and lands of self-governing Indigenous Nations are not part of the taxable regions.

Tax rate

For 2018, the tax will be 0.5 per cent of a property’s assessed value for all properties subject to the tax in the designated taxable regions.

For 2019 and subsequent years, the tax will be levied at:

  • 0.5 per cent for British Columbians and other Canadian citizens or permanent residents who are not members of a satellite family; and
  • two per cent for foreign owners and satellite families.

The tax will be levied on December 31 each year. 

Declarations

Residential property owners in the designated taxable regions will have to complete an annual declaration to claim  exemptions. If there are multiple owners of a home, each owner must complete a declaration.

In February 2019 information on how to declare will be mailed to residential property owners within the taxable regions.

Are there exemptions?

More than 99 per cent of British Columbians will be exempt from the tax.

There are exemptions for principal residences and long-term rentals.

Exemptions are also available for:

LIST OF EXEMPTIONS

 

Principal residence exemptions

An owner is exempt on their principal residence. Owners with multiple homes must determine which home is their principal residence. Couples are deemed to have one principal residence for the purposes of the tax. To be eligible for this exemption an owner must be a Canadian citizen or permanent resident who is a BC resident for income tax purposes and isn’t part of a satellite family.

Others eligible for the principal residence exemption:

  • Residential care facility exemption – an owner is exempt from the tax for up to two years if they’re away from their home residing in a residential care facility due to age, disability, addiction, illness or frailty. The care facility must provide services such as meals, housekeeping or nursing care.
  • Medical absence from principal residence – an owner is exempt from the tax if they’re away from their home and ineligible to claim the principal residence exemption because of medical treatment for themselves, their spouse or minor child. The medical condition must be certified by a medical practitioner. The owner must show that the treatment isn’t offered close to the principal residence of the person receiving the medical treatment. To be eligible, the property must have been the owner’s principal residence in the previous tax year. This exemption is available for up to two years for the same medical condition.
  • Principal residence of a person with a disability – owners of a property are exempt if the property is the principal residence of a person with a disability as determined under the Canada Pension Plan, Employment and Assistance for Persons with Disabilities Act, or the federal Disability Tax Credit under the Income Tax Act.
  • Spousal separation for work exemption – spouses who live apart for work reasons may be able to claim a principal residence exemption on an additional home. Owners will only qualify if one of the following two conditions apply:
    • One principal residence is at least 100 kilometres closer to the workplace than the distance between the other principal residence and the workplace; or
    • One principal residence is on Vancouver Island and the other residence is not on Vancouver Island.
  • Spousal separation for medical reasons – spouses who live apart for a medical reason may be able to claim principal residence exemptions on an additional home. To qualify, a medical practitioner must certify that an individual has a health condition. The owner must provide information as to why the condition prevents them from residing in their spouse’s principal residence.
  • Principal residence exemption for residents departing BC – an individual who moves out of the province before the end of the year can still claim a principal residence exemption if the individual was not a BC resident for tax purposes at the end of the year.
  • Additional one-time principal residence exemption – a B.C. resident can claim a one-time principal residence exemption if they’re away from their principal residence for an extended time or no longer living in it. To be eligible, the property must have been the owner’s principal residence in the tax year immediately before the year they make the claim. This exemption can only be used if it hasn't been used in the last 10 years.

Rental exemptions

Rental exemptions are available for homes occupied by tenants. To qualify, the home must be occupied for at least six months of the year in increments of one month or longer. For 2018, tenants need to occupy for only three months in increments of one month or longer for the owner to qualify for this exemption. Only one residence must be rented for the property to be exempt.

  • Arm’s-length rentals – all owners are eligible for a rental exemption for an arm’s-length tenant, as long as there is a written tenancy agreement in place under the Residential Tenancy Act and the tenant resides at the property. An arm’s-length tenant is a business-only relationship: anyone other than a non-arm’s tenant.
  • Non-arm’s-length rental exemption – owners who are Canadian citizens or permanent residents of Canada, but not satellite families, will also be eligible for the rental exemption for a non-arm's length tenant as long as the residence is the tenant’s principal residence. Non-Canadians may be able to claim an exemption in respect of a non-arm’s length tenant in very limited circumstances. 

Exemption for hazardous or damaged property

Owners of a property may claim an exemption if a residence is uninhabitable due to a hazardous condition or the property has been substantially damaged or destroyed. The property must have been uninhabitable for at least 60 days in the year. This exemption is available in the year the property became uninhabitable, and in the following year if the property remains uninhabitable for at least 60 days in the second year.

Medical exemption for second home

Owners are exempt for a calendar year on a secondary residence if it is periodically occupied by the owner (or owner’s spouse or child) to obtain treatment needed in the opinion of a medical practitioner, and the treatment facility is in close proximity to that second home.

Year of acquisition exemption

Owners are exempt in the year they buy a property if the transaction was exempt from property transfer tax for one of these reasons:

  • First-time home buyers’ exemption;
  • Newly built homes exemption;
  • Reversion, escheated or forfeited land exemption;
  • Transfers to or from a trustee in bankruptcy;
  • Transfer of land by Public Guardian and Trustee; or
  • Transfer to a veteran or veteran's spouse;

In the year they acquire a property through the disposition of assets under the terms of a will.

Spousal separation exemption

Married couples, or common-law spouses living together in a marriage-like relationship for at least two years, are eligible for an exemption on family property if they have separated and live apart (due to a breakdown in a spousal relationship) for at least 90 days in a tax year.

  • Couples are eligible for the exemption in the year they separate and live apart for at least 90 days that year and they don’t reconcile;
  • Couples who separate less than 90 days from the end of the year will be eligible for an exemption the following year if they don’t reconcile; and
  • Couples can claim the exemption for a second year if they have not finalized their division of family property by the end of the first year that they claimed the exemption.

Bankruptcy exemption

An owner or a trustee in bankruptcy is exempt from the speculation and vacancy tax if the owner’s property has vested with the trustee for at least 60 consecutive days in the year, or is vested with the trustee in bankruptcy on December 31.

Exemption upon death

If an owner of a property dies in a taxation year, all owners of the property at the time of death are exempt in the year of death and the immediately following tax year. The owner’s personal representative is also exempt, even if they weren’t on title at the time of the death.

Exemption for testamentary trusts for minors

The speculation and vacancy tax does not apply to property held in trust for a minor child, if the trust was established by a deceased parent or guardian of the child.

Exemption for properties with rental restrictions

All owners of a property where a covenant or a strata bylaw prevents the property from being rented out in a manner that would allow a rental exemption are exempt for the 2018 and 2019 tax years, if the rental restriction was in place on or before October 16, 2018.

Exemption for strata accommodation unit

Units in strata hotels are exempt for the 2018 and 2019 tax years.

Licensed daycare exemption

Properties that are used as licensed daycares are exempt from the speculation and vacancy tax.

Vacant land exemption

The speculation and vacancy tax will not be levied for the 2018 tax year for land that contains no residential property.

Other exempt properties and entities

Other exempt properties and entities include:

  • Property owned by registered charities;
  • Property owned by co-operatives;
  • Property owned by not-for-profit corporations using the property for specific purposes;
  • Property owned by municipalities;
  • Property owned by Indigenous Nations, or held in trust for an indigenous Nation;
  • Property owned by governments and related entities;
  • Property owned by regional districts;
  • Property owned by similar bodies as defined in legislation; and
  • Property with an assessed value under $150,000.

Exemptions for land under development

Owners of property under construction or substantial renovation are exempt if reasonable steps are taken without undue delay to develop or renovate the property. These exemptions cover phased developments, vacant new inventory (unsold units in a building) and heritage properties undergoing conservation work. To be eligible for the exemption, the owner must be carrying out eligible building activity. “Building activity” is defined to include the following types of activities:

  • applying for financing
  • applying for a permit or other necessary approval, including community consultations
  • entering into contracts for designing, building or engineering
  • demolishing or removing existing improvements
  • clearing or excavating the site
  • constructing or placing the residence on the property or substantially renovating the residence

“Substantial renovation” is defined as the renovation of an existing residence that is part of a residential property to such an extent that the residence must be vacant.

The following exemptions are available to eligible owners who own land that’s under development:

  1. Unoccupiable residence – owners are exempt if a residence on the property can’t be occupied for a period of 90 days in the calendar year due to construction or renovation OR if there is not yet a residence on the property due to the stage of building activity, if reasonable steps are being taken without undue delay to develop or renovate the property.
  2. Conservation of heritage property – owners are exempt if a residence in a heritage property is unoccupied for a period of 90 days in the calendar year due to the owner’s conservation of the heritage property, if reasonable steps are being taken without undue delay to complete the conservation renovations.
  3. Phased residential developments  – owners are exempt where specific multi-unit residential developments are being built in phases on two or more residential properties, if reasonable steps are being taken without undue delay to develop or renovate the property. The exemption does not apply if any residences on the properties could have been occupied as a home for a period of 180 days in the year.
  4. Vacant new inventory  – owners are exempt where the owner is the developer of five or more residences and at least one newly-built or newly-placed residence in the development has been offered for sale to the public this year but hasn't been occupied as a home.

The speculation and vacancy tax will not be levied for the 2018 tax year for land that contains no residential property.

Exemptions for Corporations, Trustees and Partners

Corporations, trustees, and parters that own residential property may be exempt. To be eligible for a principal residence exemption, a corporation, trustee or partner must take account of its corporate interest holders, beneficial owners or partnership interest holders:

  • corporate interest holders are individuals who have significant ownership and/or control of the corporation;
  • beneficial owners are individuals who have a direct or indirect interest in the trust’s stake in a residential property;
  • a partnership interest holder is an individual who has an interest in the partnership’s residential property as a partner or as a corporate interest holder of a partner that’s a corporation.

If a property is the principal residence of a corporate interest holder, beneficial owner or partnership interest holder, then the corporation, trustee or partner can apply for the principal residence exemption if their corporate interest holders, beneficial interest holders or partnership interest holders all meet the same requirements that individual owners would need to meet when applying for the principal residence exemption – that is, they are Canadian citizens or permanent residents and are resident in B.C. for income tax purposes, and are not members of satellite families.

Generally, corporations, trustees or partners can also claim other exemptions in a similar manner, providing their corporate interest holders, beneficial owners or partnership interest holders meet the same requirements that individual owners would need to meet.

Tax credits

Tax credits include:

  • a tax credit of $2,000 for British Columbians who own secondary properties; and
  • tax credits for other Canadians and foreign owners.

Revenues

All revenues will be directed to affordable housing projects in the impacted regions.

Amendments expected

Amendments to the legislation from the Green party are expected.

Learn more

Read Frequently Asked Questions.

Subscribe to receive updates as new information about the speculation and vacancy tax is available.

BC Real Estate Association lobbied for exemptions to this legislation.  Thanks to their work, the exemptions listed were enacted as part of the legislation.

Read full post

Judge orders Vancouver strata to impose $16 million levy to repair leaky condo problems

Judge orders Vancouver strata to impose $16 million levy to repair leaky condo problems

 

Gladys Rivas (and her son Kevin) are owners in the east-side Gardenia Villa complex at Broadway and Nanaimo where condo owners are being told they will have to pay to fix their leaky building. MARK VAN MANEN / VANCOUVER SUN

SHAREADJUSTCOMMENTPRINT

A judge has ordered a Vancouver strata to impose on the owners a $16.8 million special levy to repair long-standing leaky condo problems.

Owners first noticed water issues at Gardenia Villa, a 250-unit complex located at Broadway and Nanaimo, shortly after it was built in 1994.

Drywall and carpets were soaked, walls and ceilings stained and condensation collected on window interiors. In some cases there was mould growth and failed window and door seals.

In 2005, the City of Vancouver ordered the strata corporation to take steps to remediate its failed building envelope after finding significant decay of structural members, water leaking out and algae growing extensively on the exterior stucco.

The strata did not implement an engineer’s report recommending a comprehensive remediation program, prompting a group of owners to go to court seeking an order for an administrator with powers to impose a special levy.

 

The judge in that first court case dismissed the petition after concluding that the complex’s salvage value — its expected sale price if bought by a developer for demolition and redevelopment — might be less than the then-estimated price of $40 million for repairs. He left open the possibility a similar application might succeed on new evidence.

“Notably, almost ten years have elapsed since that petition and Gardenia Villa continues to face serious water ingress problems,” said B.C. Supreme Court Justice Maria Morellato in her ruling ordering the $16 million levy.

Court heard that in March, 2008, following the dismissal of the petition, the strata approved a $10 million levy. Some repair work was done but the funds ran out in 2012 and a resolution for another levy to finish the work was defeated.

A 2013 engineer’s report that recommended further work was not acted upon and in 2014 a third report was prepared setting out various options for a levy, but the owners defeated each of five special resolutions, failing to get the needed 75 per cent support for approval.

Frustrated by the delays, a group of owners filed another petition in B.C. Supreme Court against the strata corporation.

The strata admitted there was a dispute between factions that led to an inability to manage and govern the necessary repairs to common property and conceded that an administrator should be appointed to oversee the repairs, but they opposed the levy.

The petitioners argued that the “democratic deadlock” could not be resolved only by the appointment of an administrator due to the continuing conflict among competing groups of owners.

The judge agreed that it wasn’t enough to just appoint an administrator and that a court-ordered levy was necessary.

“Further delay and further votes will not remedy the deadlock and may serve to exacerbate an already untenable situation,” she said.

“In the context of this case, without the issuance of a special levy order, even the appointment of a very able administrator is, in my view, unlikely to remedy the deadlock. The administrator will most probably be dealing with the same owners, the same factions and the same dynamic of conflict among them.”

The judge determined that a special levy of more than $16.8 million was needed to do the repairs. She also appointed Tony Gioventu, the executive director of the Condominium Homeowners Association, as an administrator to ensure that the strata discharges its obligations.

kfraser@postmedia.com

twitter.com/keithrfraser

Read full post

2:02
 
1:34
 
0:57

New Year fireworks Vancouver

No views14 minutes ago
 
 
0:32

Vancouver New Year Fireworks EastVan

No views18 minutes ago
Read full post

0:32
 
0:34
 
0:32
 
2:02
 
1:34
 
0:57

New Year fireworks Vancouver

3 views22 hours ago
 
 
0:32
Read full post

I have listed a new property at 303 4900 CARTIER ST in Vancouver.
Welcome to this completely renovated suite at the uber exclusive Shaughnessy Place! Enjoy views of the mountains, city & beautiful Van Dusen Botanical Gardens' pond from an extra large patio with huge sliding doors. A true open concept marvel, this 1 bedroom & 2 bath home features over 1,200 sqft with custom cabinetry, quartz countertops, engineered hardwood, Frigidaire professional series stainless steel appliances, Bosch washer/dryer, Call to book your viewing now!
Read full post

0:44
 
0:32
 
0:32

New Year's Skiing Mount Seymour

No views7 minutes ago
 
 
0:32
 
0:40

Mount Seymour Sunrise Snowshoe

No views11 minutes ago
 
 
0:37
 
0:32

New Years Hiking Vancouver

6 views3 days ago
Read full post

Vancouver Courier's top 10 stories of 2018This list may come as a surprise...

 

 

It has no doubt been a big year in news in Vancouver. Stories centered around the city hall election overhaul, growing homelessness, an ongoing rental affordability crisis, the legalization of marijuana and an extreme wildfire season... just to name some of the hot topics.

But it was these 10 stories that Courier readers were most interested in online in 2018.

 
article continues below
 
 

1) Vancouver High on Life vloggers die in Shannon Falls tragedy

It was a sad day for Vancouver when news broke that three young video bloggers had tragically died at Shannon Falls. Vancouverites Ryker Gamble, Alexey Lyakh, and Megan Scraper were known for creating adventure videos for the YouTube channel High on Life. Their followers, friends and family took to social media to share how the group had inspired many to chase their dreams and travel the world. It was truly a heartbreaking accident that shocked readers and sparked debate about the risks adventure bloggers take. This was the Courier’s most read story by a long shot.

Read more about the tragedy HERE

Ryker GambleRyker Gamble shared his love of adventure and travel on his YouTube channel, High on Life. - Facebook

2) Everyone is loving the new plant based beyond meat burger at A&W, except vegans

Next it was all about burgers, but not just any burger, the A&W Beyond Meat burger. It was touted as the next best thing for vegans, but they had a different view and were more than happy to point out the flaws – cheese and mayo (to name a couple) – in the burger everyone else was raving about. Despite the qualms by vegans, there’s no doubt it was a popular choice – it sold out pretty quickly. The hype surrounding this new meal gave the story a big boost.

Find out what vegan's thought of the burger HERE

Beyond Meat A & W burger“You don’t need animals to make meat," says Beyond Meat CEO. - Erin Ireland

3) Minimum wage increases go into effect June 1 across B.C.

When wages go up, everyone wants to know the details, so it's no surprise this was the Courier's third most read story of the year. B.C.’s minimum wage increased by  $1.30 on June 1. The new wage – from $11.35/hour to $12.65/hour – was a result of the recommendations made by the independent Fair Wages Commission. This story continued to be popular throughout the year.

Read more about the increase HERE

4) This is what a Vancouver rental scam looks like

Nobody wants to be the victim of a scam. For this reason, the Courier’s in-depth, first-person account on what a rental scam looks like in Vancouver was popular with readers.

The story follows the experience of a Courier reporter who came across a Craigslist scam, and the ways scammers tried to bait him into renting a suite in Olympic Village.

Find out how to avoid real estate scams HERE

scamMoney up front, not one viewing and an impossibly cheap rental rate were all too good to be true for this Olympic village rental property. - Dan Toulgoet

5) These are the Vancouver locations used in To All the Boys I’ve Loved Before

Vancouver is home to the film locations of many movies and TV series, but this story on the spots where To All the Boys I’ve Loved Before were filmed was particularly popular.

The film is "smart and sweet, and hits a lot of notes that are appealing to a vast audience. And for viewers, there’s a lot that might look familiar."

See where the movie was filmed HERE

To All the Boys I've Loved BeforeThis scene with Peter and Lara Jane in Netflix's To All the Boys I've Loved Before was shot at Point Grey Elementary School in Vancouver. - Netflix

6) Why this woman walked nine hours straight in downtown Vancouver

Sometimes, people live and work in a city for years without exploring it properly. Jenna Mazur’s is not one of those people. Her tale of walking for nine hours straight in downtown Vancouver sparked a lot of curiosity amongst readers.
She walked 43.3km of downtown in a single day and learnt a lot along the way...

Find out why she did it HERE

Human appJenna Mazur walked for nine hours in Downtown Vancouver. - Human app

7) The most over the top description of a Vancouver real estate development we’ve ever read

We had to mention at least one more real estate story. So here’s one that made readers laugh and question the strategies used by big developers to sell properties.
This Kudos and Kvetches column takes a look at the ways developers “sink their meat hooks into prospective buyers with elaborate branding, promotional hype and poetic ad copy.”

Read more HERE

westburyGryphon Development’s ode to Westbury...


8) Tessa Virtue’s hilarious response to Ryan Reynolds tweet goes viral

There’s no doubt Vancouverites love a story about Ryan Reynolds – but when a Canadian Olympian tweets back a clever response to him, it’s even better.
Reynolds, who is known for his social media antics, tweeted out praise for Team Canada, freestyle skier Cassie Sharpe, and Virtue and Moir.
“Go @TeamCanada!! @CassieSharpe is a legend — makin’ it look easy. And thank you @tessavirtue & @ScottMoir for agreeing to raise my children as your own.”
Virtue, who along with her partner had announced a retirement from the sport, had an even funnier response, tweeting:
“And here I’ve been wracking my brain to come up with a post-competition career path… Scott, get the mini van!”
The tweet went viral and readers couldn’t get enough of the story.

Read more HERE

tessa virtue tweetThe tweet that went viral. - Canadian Olympic Committee

9) Controversial climate change activists stick it to Vancouver trucks and SUVs

The topic of climate change can easily ignite a fierce debate, but these activists added fuel to the fire earlier this year with stickers. Yes, stickers. The anonymous group of climate change activists weren't too pleased with truck and SUV owners and they made a very visual and public point of voicing that disdain. Known as CO2alitionBC, the group went around Metro Vancouver tagging large private vehicles with bumper stickers that read, “My car doesn’t care about your climate.”
The bizarre protest was quick to grab peoples' attention on social media. 

Read more HERE

stickersThis is one of the vehicles targeted by climate change activists known as the CO2alitionBC. After putting the “My car doesn't care about your climate” bumper sticker on the car, the group posted the photo online.


10) How we won't miss you, Gregor Robertson, let me count the ways

Last but not least, this opinion piece on outgoing Vancouver mayor Gregor Roberston had the clicks coming in.
It seems a lot of people just wanted to read about Roberston’s “failures.”
He wasn’t the most popular of mayors amongst the Courier’s readers towards the end…

See what was highlighted HERE

Vancouver Mayor Gregor Robertson won't run againWhat sort of Vancouver is Gregor Robertson leaving behind now that he's announced he won't run for a fourth term? - Dan Toulgoet

Find out what the top real estate stories for 2018 were HERE

 
 
 
© 2018 Vancouver Courier
Click here to take part in our readers survey

Read more from the Vancouver Courier

Read full post


0:37
 
0:32

New Years Hiking Vancouver

6 views2 days ago
 
 
0:38

Christmas Garden Vancouver

2 views2 days ago
 
 
0:43

Vancouver Christmas Garden

5 views2 days ago
 
 
1:26

Lantern Festival Vancouver EastVan

10 views4 days ago
 
 
0:37

Vancouver East Lantern Lights

6 views4 days ago
 
 
0:56

Lantern Lighting Vancouver East

7 views4 days ago
 
 
0:31
 
0:31
 
0:31
 
Read full post

I have listed a new property at 220 55 CORDOVA ST E in Vancouver.
KORET LOFTS - GORGEOUS MODERN LOFT with 11' ceilings, exposed brick, original fir beams and polished concrete floors. 1 bedroom w/ built in office nook. Fantastic, open plan living space with sleek, fully integrated kitchen. BEAUTIFULLY RENOVATED with extensive, custom millwork throughout and tons of in suite storage. ULTRA MODERN renovation by Michael Green Architecture & SMD Interiors. Huge garden courtyard with BBQs, lounge area and fireplace. Extremely well run building with full-time Caretaker & low maintenance fees. PRIME LOCATION steps to Gastown's best restaurants & boutique shops. Also listed on CLS C8022334. PETS & RENTALS ALLOWED. Commercial & Residential Zoned.
Read full post

I have listed a new property at 2281 1ST AVE E in Vancouver.
Townhouse/potential apartment development opportunity. Maybe sold together with 2295 East 1st Ave. Potential for further assembly. New zoning RM-12N which allows 1.45 FSR for Townhouse Development or 1.7 FSR for apartment development. Close to Downtown and also Commercial Drive. All measurements subject to verification.
Read full post

I have listed a new property at 406 138 HASTINGS ST E in Vancouver.
Affordable 1 bdrm home, w/ great layout, is walking distance to Gastown, Chinatown, Strathcona & Tinseltown. This new home comes with 5-10 New Home Warranty as this 97 unit condo + commercial units was completed in December 2015. Features incl integrated blomberg stainless steel fridge, washer/dryer, stove & m/w hoodfan combo, 9ft ceilings, high gloss European style cabinetry & modern laminate floors. There is a garden/farm area where you can rent a plot & grow vegetables. Also, there is a courtyard w/harvest table & the open exterior walkways give this property a unique look & feel. Low maintenance & property taxes. 1 parking incl. There is a tenant, please give 24 hours notice for appointment. Call Listing Agent for appt.
Read full post

Sutton Group West Coast Realty

 
 
 
HOME
VIDEOS
 
 
PLAYLISTS
CHANNELS
DISCUSSION
ABOUT
 
 
0:32

New Years Hiking Vancouver

1 view4 hours ago
 
 
0:38

Christmas Garden Vancouver

1 view23 hours ago
 
 
0:43

Vancouver Christmas Garden

2 views1 day ago
 
 
1:26

Lantern Festival Vancouver EastVan

7 views2 days ago
 
 
0:37

Vancouver East Lantern Lights

6 views2 days ago
 
 
0:56

Lantern Lighting Vancouver East

5 views2 days ago
 
 
0:31
 
0:31
 
0:31
 
0:32
 
0:44
 
0:37

Windy Day in Vancouver Windstorm

244 views1 week ago
 
 
0:31

Commercial real estate Vancouver

13 views1 week ago
 
 
0:32
 
1:17
 
1:06
 
0:33

Cuba Havana classic car tour

4 views1 week ago
 
 
0:32

Havana Cuba Party

5 views1 week ago
 
 
0:32

Cuba convertible car tour Havana

15 views1 week ago
 
 
0:33

Cuba cave rafting canoe kayak

1 view1 week ago
 
 
0:35

Havana Cuba Opera House at night

2 views1 week ago
 
 
0:39

Cuba historical painted wall

2 views1 week ago
 
 
0:32

Cuba cave spelunking Havana

No views1 week ago
 
 
0:33
 
0:32

Hotel California Cuba Havana Hotel

9 views1 week ago
 
 
0:31

Sunset over Cuba Havana

7 views1 week ago
 
 
0:32
 
0:34
 
0:32

Havana Old City Cuba

2 views1 week ago
 
 
0:42

Cuba Ernest Hemingway bar Havana

8 views1 week ago
 
 
0:38

Havana Memories Hotel Pool Cuba

3 views1 week ago
 
 
0:32

Havana Cuba Tour

1 view1 week ago
 
 
0:30

Old Havana Cuba

2 views1 week ago
 
 
0:32

Havana Cuba classic cars

2 views1 week ago
 
 
0:34

Havana Che Guevara National Museum

No views1 week ago
 
 
0:34

Havana Beach Cuba

5 views1 week ago
 
 
Read full post

Why I love Hastings-Sunrise: On everything in a 2km radius

Written by Linnaea Kershaw

Share on Facebook
 
Tweet on Twitter
  

 

This is the fourth feature in our series written by residents who love their neighbourhoods (Mt PleasantThe West End and Yaletown preceded it). Want to pitch your own story about what makes yours awesome? We’d love to hear from you. Email contact@vancouverisawesome.com.

Choosing a neighbourhood in Vancouver is so easy but so hard all at the same time. There are a million and one reasons to choose any of them – the North Shore gives you quick and easy access to the mountains and their trails; Kits puts you close to the beaches; Downtown feels so close to everything; and on and on. I’ve lived in many neighbourhoods in my time in Vancouver but none have captivated me as much as Hastings-Sunrise. The high ratio of single-family homes in the ‘hood make me feel a bit like I’m back home in my Northern Ontario roots. The plethora of small grocers within a 2km radius allows my Euro habits to show with multiple shopping trips per week to grab a few things for dinner. Here are a few of my favourite things about it:

Best Brunch: Roundel Cafe

While most people will wait in the line up around the block for Red Wagon (I must admit, I’ve never been), I prefer to loiter around the front windows for a table at Roundel Cafe. The menu is delicious, they make all their own condiments from ketchup to jam and hot sauce, and the staff are an eclectic mix that you quickly fall in love with.

Shout out to the amazing bakery two doors down that always suckers me into buying a half dozen Portuguese buns and a sweet treat on my way home even though I’m stuffed from breakfast.

 

Best Nachos: Jackalope’s

Ever since Foundation closed up shop, I’ve been searching for a go-to place for when all you want is a mountain of chips and cheese. I’ve tried many places and while there are some close contenders, when I ordered my first slab of nachos at Jackalope’s I knew I’d never look back.

This self-professed neighbourhood dive bar offers four different combinations of chip, cheese, and toppings depending on your proclivities plus add-on such as my favourite – smoked jackfruit. They come in three different sizes depending on how many people you’ve brought and how hungry you are.

Bonus points – it’s owned by Kristy (and her friend Alexis), who also owns Black Rider Tattoo next door and Long Live Cats and Dogs pet food and supply store up the street. They’re a supporter of Neuterhead: Ace of Spays, a local non-profit that uses rock and roll to raise funds to support local and responsible pet rescue groups with the cost of spaying and neutering.

Best Grocery Store: Donald’s Market

Discovering Donald’s seems to be an East Van ritual. Everyone I know has a story about edging their way through the crowded and narrow aisles, grabbing bunches of kale or heads of cauliflower for a couple dollars, or finding their favourite food item that no one else seems to carry. Having it within walking distance is perfect for quick shops every few days for the things I need for meals but also for when I forgot something and can just quickly pop over to grab. More often than not, I run into someone I know in the aisles, which always makes me smile and feel more than ever that sense of this being my home and my community.

Best Way to Spend a Rainy Afternoon, Outdoor Edition: Neighbourhood Wanders

My favourite thing to do in Hasting-Sunrise, in East Van really, is to grab a coffee from one of my favourite three spots (Pallet, Far Out Coffee Post, or East Café) and walk around the neighbourhood, daydreaming about which house I’d like to live in, ducking into alleys to lurk on the amazing backyard gardens/see what kind of East Van Free Stuff has been put out, checking on the community gardens, and marvelling at the houses that still have their Christmas lights up in June.

Best Way to Spend a Rainy Afternoon, Indoor Edition: Record Hunting

Stepping into Red Cat Records almost feels like stepping into a library – it’s quiet, the records are neatly organized, and the person behind the counter is always helpful whether you’re looking for concert tickets or a special record request. There’s always a few boxes of records for under $10 by the door for those that want to start a record collection on the cheap.

Right up the street is the VGH Thrift Store. They’ve got stacks and stacks of donated records and if you have the time to sift through them, you might find some gems. You’ll run the risk of whether or not they’re too scratched to be worthwhile but at the prices you’re getting them for, that’s almost part of the fun.


 

 
SHARE 
Facebook
 
Twitter
  
Read full post

Canadian Reverse Mortgage Debt Just Made One Of The Biggest Jumps Ever

More Canadian seniors are withdrawing real estate wealth to make ends meet. Office of the Superintendent of Financial Institutions (OSFI) filings show the balance of reverse mortgage debt soaring in October. The annualized pace of growth is now at the highest level it has been in at least 8 years.

Reverse Mortgages

Have all your money in your house, but you need some extra cash to hold you over until the sweet release of death? That’s exactly what reverse mortgages are for – house rich, cash poor seniors. The borrower borrows against the equity in their home, and receives either a lump sum or regular payment. They’re similar to a home equity line of credit (HELOC), but a reverse mortgage is for someone 65 or older, and the borrowing rates are generally higher than a HELOC. Oh yeah, and you don’t have to make payments on these loans.

A reverse mortgage might seem like a good idea, but consider the demographic it targets. Seniors aren’t likely to get a windfall of new income in their golden years. This makes it unlikely they’ll be able to pay back their loan in a timely manner. Since they don’t have to make payments, it may not seem like a problem. However, borrowing at a relatively high rate while not making payments is a quick way to vaporize your net-worth.

Canadian Reverse Mortgage Debt Tops $3.42 Billion

Canadians sent the balance of reverse mortgage debt soaring. There was $3.425 billion in outstanding reverse mortgage debt in October, up 11.57% from the month before. The balance represents a 57.46% annualized pace of growth, a huge jump from last year. Actually, it was a huge jump from any point – setting a new record.

Canadian Reverse Mortgage Debt

The total of reverse mortgage debt held by regulated finacial instituitions, in Canadian dollars.

Canadian Dollars (x1,000)Jan 2010Apr 2010Jul 2010Oct 2010Jan 2011Apr 2011Jul 2011Oct 2011Jan 2012Apr 2012Jul 2012Oct 2012Jan 2013Apr 2013Jul 2013Oct 2013Jan 2014Apr 2014Jul 2014Oct 2014Jan 2015Apr 2015Jul 2015Oct 2015Jan 2016Apr 2016Jul 2016Oct 2016Jan 2017Apr 2017Jul 2017Oct 2017Jan 2018Apr 2018Jul 2018Oct 2018$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000Canadian Dollars (x1,000)
MonthCanadian Dollars (x1,000)
Jan 2010 652,938
Feb 2010 664,576
Mar 2010 680,588
Apr 2010 690,211
May 2010 704,812
Jun 2010 719,509
Jul 2010 728,990
Aug 2010 740,841
Sep 2010 754,490
Oct 2010 760,776
Nov 2010 760,776
Dec 2010 771,352
Jan 2011 788,836
Feb 2011 796,038
Mar 2011 810,705
Apr 2011 820,197
May 2011 836,899
Jun 2011 856,014
Jul 2011 862,897
Aug 2011 872,912
Sep 2011 889,554
Oct 2011 898,569
Nov 2011 916,360
Dec 2011 932,540
Jan 2012 938,429
Feb 2012 948,089
Mar 2012 959,663
Apr 2012 966,839
May 2012 978,235
Jun 2012 986,828
Jul 2012 995,023
Aug 2012 1,008,652
Sep 2012 1,023,826
Oct 2012 1,034,376
Nov 2012 1,048,627
Dec 2012 1,060,740
Jan 2013 1,068,448
Feb 2013 1,080,365
Mar 2013 1,091,601
Apr 2013 1,103,917
May 2013 1,110,370
Jun 2013 1,116,643
Jul 2013 1,128,247
Aug 2013 1,145,835
Sep 2013 1,159,878
Oct 2013 1,174,959
Nov 2013 1,188,322
Dec 2013 1,208,430
Jan 2014 1,215,007
Feb 2014 1,228,987
Mar 2014 1,243,595
Apr 2014 1,255,792
May 2014 1,274,423
Jun 2014 1,291,842
Jul 2014 1,298,548
Aug 2014 1,318,976
Sep 2014 1,335,018
Oct 2014 1,350,111
Nov 2014 1,364,494
Dec 2014 1,384,441
Jan 2015 1,393,026
Feb 2015 1,406,275
Mar 2015 1,420,013
Apr 2015 1,428,762
May 2015 1,447,484
Jun 2015 1,464,571
Jul 2015 1,486,448
Aug 2015 1,498,654
Sep 2015 1,513,281
Oct 2015 1,533,457
Nov 2015 1,544,868
Dec 2015 1,576,084
Jan 2016 1,583,909
Feb 2016 1,601,104
Mar 2016 1,633,115
Apr 2016 1,648,831
May 2016 1,668,329
Jun 2016 1,689,183
Jul 2016 1,704,984
Aug 2016 1,729,091
Sep 2016 1,755,888
Oct 2016 1,779,380
Nov 2016 1,811,878
Dec 2016 1,849,068
Jan 2017 1,865,410
Feb 2017 1,886,106
Mar 2017 1,929,941
Apr 2017 1,954,435
May 2017 1,994,618
Jun 2017 2,037,023
Jul 2017 2,060,723
Aug 2017 2,099,331
Sep 2017 2,132,482
Oct 2017 2,175,559
Nov 2017 2,649,688
Dec 2017 2,674,957
Jan 2018 2,697,416
Feb 2018 2,759,718
Mar 2018 2,817,477
Apr 2018 2,857,244
May 2018 2,914,436
Jun 2018 2,964,860
Jul 2018 2,994,624
Aug 2018 3,035,068
Sep 2018 3,070,378
Oct 2018 3,425,690
 

Source: Regulatory Filings, Better Dwelling.

Both the monthly and annual increase are record setting. The monthly increase is the second largest observed in 8 years of data available. It’s also 844% larger than the median monthly pace of growth. The annual increase is the largest in at least 8 years, and 274% larger than the median pace. It almost looked like Canadians were slowing down, but it made a massive increase instead.

Canadian Reverse Mortgage Debt Change

The annual percent change of reverse mortgage debt held by regulated finacial instituitions.

Percent ChangeJan 2011Apr 2011Jul 2011Oct 2011Jan 2012Apr 2012Jul 2012Oct 2012Jan 2013Apr 2013Jul 2013Oct 2013Jan 2014Apr 2014Jul 2014Oct 2014Jan 2015Apr 2015Jul 2015Oct 2015Jan 2016Apr 2016Jul 2016Oct 2016Jan 2017Apr 2017Jul 2017Oct 2017Jan 2018Apr 2018Jul 2018Oct 20180102030405060Percent
MonthPercent Change
Jan 2011 20.81
Feb 2011 19.78
Mar 2011 19.12
Apr 2011 18.83
May 2011 18.74
Jun 2011 18.97
Jul 2011 18.37
Aug 2011 17.83
Sep 2011 17.9
Oct 2011 18.11
Nov 2011 20.45
Dec 2011 20.9
Jan 2012 18.96
Feb 2012 19.1
Mar 2012 18.37
Apr 2012 17.88
May 2012 16.89
Jun 2012 15.28
Jul 2012 15.31
Aug 2012 15.55
Sep 2012 15.09
Oct 2012 15.11
Nov 2012 14.43
Dec 2012 13.75
Jan 2013 13.85
Feb 2013 13.95
Mar 2013 13.75
Apr 2013 14.18
May 2013 13.51
Jun 2013 13.15
Jul 2013 13.39
Aug 2013 13.6
Sep 2013 13.29
Oct 2013 13.59
Nov 2013 13.32
Dec 2013 13.92
Jan 2014 13.72
Feb 2014 13.76
Mar 2014 13.92
Apr 2014 13.76
May 2014 14.77
Jun 2014 15.69
Jul 2014 15.09
Aug 2014 15.11
Sep 2014 15.1
Oct 2014 14.91
Nov 2014 14.83
Dec 2014 14.57
Jan 2015 14.65
Feb 2015 14.43
Mar 2015 14.19
Apr 2015 13.77
May 2015 13.58
Jun 2015 13.37
Jul 2015 14.47
Aug 2015 13.62
Sep 2015 13.35
Oct 2015 13.58
Nov 2015 13.22
Dec 2015 13.84
Jan 2016 13.7
Feb 2016 13.85
Mar 2016 15.01
Apr 2016 15.4
May 2016 15.26
Jun 2016 15.34
Jul 2016 14.7
Aug 2016 15.38
Sep 2016 16.03
Oct 2016 16.04
Nov 2016 17.28
Dec 2016 17.32
Jan 2017 17.77
Feb 2017 17.8
Mar 2017 18.18
Apr 2017 18.53
May 2017 19.56
Jun 2017 20.59
Jul 2017 20.86
Aug 2017 21.41
Sep 2017 21.45
Oct 2017 22.27
Nov 2017 46.24
Dec 2017 44.67
Jan 2018 44.6
Feb 2018 46.32
Mar 2018 45.99
Apr 2018 46.19
May 2018 46.11
Jun 2018 45.55
Jul 2018 45.32
Aug 2018 42.32
Sep 2018 43.98
Oct 2018 57.46
 

Source: Regulatory Filings, Better Dwelling.

Reverse mortgage debt is soaring, at a record pace. This comes at a time while other segments of credit are seeing growth taper, and rates are climbing. All of this means reverse mortgages are likely to grow in cost upon renewal, eating equity at a faster rate.

Like this post? Like us on Facebook for the next one in your feed.

Or, you know... wait for your bank's economist to repeat the insights next week. Whateves.

  

Contributing editor, stats guy.

Read full post

I have listed a new property at 2475 2ND AVE E in Vancouver.
Large lot, cute, liveable house in an excellent, central location. Nearby great schools, convenient transit, shopping, and Rupert Park Pitch & Putt Golf Course. Close to local ski mountains, the highway for access to all locations, and 10 minutes from downtown Vancouver. 2 bedrooms up, 2 bedrooms down, living, dining, kitchen, pantry, laundry area, and full, unfinished basement. Great backyard with lane access, and very quiet yet very central location.
Read full post

I have sold a property at 114 1118 HOMER ST in Vancouver.
Prestigious, well-organized, and reputable ART GALLERY that includes the strata lot, good will, and over $500,000 in documented art, maps and prints right in the heart of Yaletown with street level access to Homer St & Hamilton St. Over-height 15-foot ceilings in this heritage loft building with exposed brick and wooden beams. This turnkey business is very easy to operate and profitable; there is tremendous upside to increase sales in this already lucrative gallery. The stock includes a wide variety of decorative engravings, Japanese Woodblock Prints, botanicals, architecturals and natural history with historical views of towns and cities, and cover the world in their range of maps. Operating house are currently Wednesday - Saturday 11am. to 4pm. only, so there is tremendous upside to increase income by expanding hours of operation, and also through Internet/eBay/Social Media & PayPal sales and marketing. This truly is a perfect opportunity to own a first-class business in a world-class location.
Read full post

0:39
 
0:31
 
0:31
 
0:32
 
0:44
 
0:37

Windy Day in Vancouver Windstorm

208 views3 days ago
 
 
0:31
Read full post

It’s Never Been This Expensive To Own A Single-Family Home In Canada: RBC

The bank's economists ponder if "only the rich are able to buy a home these days."

 
The cost of owning a single-family home in Canada is the highest on record.
RKO1234 VIA GETTY IMAGES
The cost of owning a single-family home in Canada is the highest on record.

As we close out 2018, the Royal Bank of Canada is leaving us with some unwelcome news: It's never been this expensive, relative to income, to own a detached home in Canada.

RBC's latest housing affordability report showed it now takes 59.2 per cent of an average household's income to afford an average single-family home. That's the highest in records going back to the mid-1980s, and miles above the long-run average of 44.7 per cent.


RBC ECONOMICSRoyal Bank of Canada's measure of housing affordability has reached its highest (worst) levels since 1990. For detached homes, the cost of ownership is at a record high.


For years, soaring house prices in many markets were behind the trend, but these days rising interest rates are "the main culprit" pushing home affordability out of reach, economists Craig Wright and Robert Hogue wrote.

For the housing market overall, including condos, affordability deteriorated to its worst levels since 1990, with an average-earning household now having to spend 53.9 per cent of its income to afford an average home.

That includes monthly mortgage payments, as well as property taxes and utilities. It assumes a 25-year mortgage with a five-year fixed rate and 25 per cent down.

Watch: Canada's most expensive condo got a serious price cut. Story continues below.


"Are only the rich able to buy a home these days?" Wright and Hogue asked in the report.

"That certainly looks like it in Canada's most expensive markets. Buyers in Vancouver, Toronto and Victoria needed between two and three times the median household income to qualify to purchase an average home."

Earlier on HuffPost Canada:


But it's Montreal that has seen the fastest deterioration in home affordability, the RBC report showed.

"The area has been one of the stronger markets in Canada in the past year — another being Ottawa — that saw solid price gains amplify the effect of higher interest rates on ownership costs."

The economists noted that "despite some deterioration in the latest period, owning a home remains affordable in the majority of other markets in Canada."

Stress test's major impact

The report also showed the profound impact the new mortgage "stress tests" have had on the market, particularly in the priciest cities.

In Vancouver, the stress test added almost $36,000 to the qualifying income needed to buy an average priced home. You now need a household income of $211,000 to buy an average home at $1.1 million.

In Toronto, the stress test added $27,000 to the qualifying income for an average house, and households there need to earn $167,000 to afford an average home.


RBC ECONOMICSIncome needed to buy a home.


The RBC economists also noted that, unlike the price hikes that were concentrated in certain cities, the mortgage stress test affected the entire country.

"Thousands of dollars more in income are now needed to buy a home with a mortgage in every market across the country because of the stress test," they noted.

Looking forward to 2019, the RBC economists see little in the way of relief.

"We expect that further interest rate hikes will keep upward pressure on ownership costs in 2019. Softening prices in key markets and rising household income increases will provide some offset, however."

Read full post

0:31

Yaletown George Wainborn Park Christmas

No views43 seconds ago
 
 
0:31

Granville Island to Yaletown ferry ride

No views2 minutes ago
 
 
0:32

Vancouver ferry ride to Granville Island

No views4 minutes ago
 
 
0:44
 
0:37
Read full post

THIS VANCOUVER REAL ESTATE MAP HIGHLIGHTS PRICIEST NEIGHBOURHOODS

NEWS
Vancouver Real Estate Map

 

Have you ever wanted to buy a single-family home somewhere in the Metro Vancouver region?

Perhaps you wanted to know how much it would cost in each city?

Luckily for you, EstateBlock spent a couple of days “to make 9 super detailed heat maps of Lower Mainland Real Estate Prices”.

RELATED: 

They broke it down to neighbourhoods and type of property so everybody can see what happened with their home prices.

Here’s a look at their first Vancouver real Estate map:

Vancouver Real Estate Map

Photo: EstateBlock

EstateBlock highlights that the 10 most expensive neighbourhoods for single-family homes are:

1. $5.66M – Shaughnessy, Vancouver West
2. $5.34M – Whitby Estates, West Vancouver
3. $5.25M – University VW, Vancouver West
4. $4.25M – Canterbury WV, West Vancouver
5. $3.83M – South Granville, Vancouver West
6. $3.71M – Westhill, West Vancouver
7. $3.69M – Chartwell, West Vancouver
8. $3.56M – West Bay, West Vancouver
9. $3.54M – Quilchena, Vancouver West
10. $3.49M – Southlands, Vancouver West

The 10 least expensive neighbourhoods for single-family homes are:

1. $449K – Dewdney Deroche, Mission
2. $537K – Pender Harbour Egmont, Sunshine Coast
3. $549K – Bridgeview, North Surrey
4. $559K – Durieu, Mission
5. $562K – Sechelt District, Sunshine Coast
6. $602K – Halfmn Bay Secret Cv Redroofs, Sunshine Coast
7. $649K – Mission BC, Mission
8. $655K – Northyards, Squamish
9. $658K – Gibsons & Area, Sunshine Coast
10. $666K – Hatzic, Mission

Read full post

Stacked townhouses approved for Burquitlam

Development gets green light despite complaints from street's residents about traffic and parking

 

 

A stacked townhouse project in Burquitlam got the green light despite opposition from several area residents at a public hearing Monday.

Council approved second and third reading of the rezoning request by Adera Development to build three three-storey buildings containing 60 units on four lots in the 400 block of Lea Avenue because the proposal matched the type of housing council approved for the street in the Burquitlam neighbourhood plan adopted a couple of years ago.

 
article continues below
 
 

The project, called Duet Two, will have ground-floor units ranging from 450 sq. ft. studios to two-bedrooms. Stacked on top of them will be townhouses on the second and third floors.

Adera vice-president of development Rocky Sethi told council it’s a concept it has done elsewhere in the Lower Mainland. He said it offers an alternative for families to living in cramped condos or buying more expensive detached homes or large townhouses. Although the concept is common in Burnaby, New Westminster and Vancouver, there are very few in Coquitlam.

Since the location is within walking distance — about 600 metres — of a SkyTrain station, the neighbourhood plan calls for medium and low-rise density.

Five people came forward at the public hearing to support the proposal because they said it was the type of housing they were looking for. 

But after they had their say, several Lea Avenue residents attacked the project because it will create more traffic than a side street can handle and exacerbate parking problems on a street that’s already difficult to navigate. They also said cramming 60 units onto four lots goes against the character of the neighbourhood suggesting row houses and duplexes would be more appropriate.

Coun. Chris Wilson said the city went through an extended process that involved community consultation before adopting the neighbourhood plan and the concerns being expressed Monday were not raised back then.

“We spent two years so it would eventually fit in with the neighbourhood,” Wilson told the residents. “We created a plan, we asked the neighbourhood to get engaged, and the developer has followed that plan.”

Mayor Richard Stewart said during the consultation 33 speakers came forward to address the neighbourhood plan and 31 said the zoning wasn’t high enough.

“Nobody showed up to tell us they wanted their neighbourhood to be single-family density,” said Stewart.

He also didn’t know why the residents of the complex would park on the street when there are 80 spots plus visitor parking being made available underground for the residents.

Darryl Stickler, an unsuccessful council candidate in the Oct. 20 civic election, said he was alarmed the developer went against the city’s advice and did not include any three-bedroom units, while also proposing eight studio units.

“I’m not opposing density, I’m saying 450 sq. ft. is too small, and where are the three-bedroom units?” said Stickler. “Where is that range of housing options?”

Sehti pointed out the company’s nearby Duet One project on Como Lake Avenue had more than 10% three-bedroom units, but Duet Two provides “a different housing typology.”

newsroom@tricitynews.com

 
 
 
© 2018 Vancouver Courier
Click here to take part in our readers survey

Read more from the Tri-City News

 
Read full post

76% of Canada’s national wealth is wrapped up in real estate, and the market is slowing: data

GLOBAL BC: ANALYSIS ON NEW REPORT SUGGESTING B.C.'S HOUSING MARKET IS IN THE MIDST OF A RECESSIONX
 

A new report suggests B.C.'s housing market is in the midst of a recession that could last for at least three years. For analysis and a forecast of things to come, real estate analyst, author and mortgage investment adviser Peter Kinch joined Jennifer Palma on BC1.

 A A 

Canada’s a rich country with a gross domestic product of over $2 trillion and national wealth valued at over $11 trillion.

But just how much of those riches are wrapped up in real estate? A sizable share, it turns out.

Coverage of Canadian real estate on Globalnews.ca:

Statistics Canada released last week its third-quarter report on national wealth, which is the “value of non-financial assets in the Canadian economy.”

Total national wealth hit $11.415 trillion in the third quarter, and at $8.752 trillion, real estate made up a 76-per-cent share of that figure — nearly all but a quarter.

That was the highest that both figures had been, going back to the second quarter of 2007.

This graph shows real estate as a share of national wealth in Canada and the U.S.:

Analysis of data from the U.S. Federal Reserve indicates that this is a higher share of national wealth than real estate takes up in the United States.

But it wasn’t always this way.

Data from both countries shows that real estate as a share of U.S. national wealth was previously 75.3 per cent, compared to 67.6 per cent in Canada.

That started to change with the 2008 recession.

READ MORE: New report says B.C. housing market in midst of recession that could last for 3 years

Real estate as a share of U.S. national wealth started to decline in the late aughts, going from 75.3 per cent in the second quarter of 2007 to 70.5 per cent in the fourth quarter of 2008.

This happened at the same time that real estate as a share of Canadian wealth was growing, reaching 74.3 per cent in the first quarter of 2009, while in the U.S. it was 70.2 per cent at that time.

This chart shows how real estate wealth trended in Canada and the U.S. from 2007 to 2018:

These trends come as Canada has seen real estate grow consistently as a share of national wealth over the past decade. In the U.S., meanwhile, real estate wealth dropped amid the Great Recession and started rebounding around 2012.

Canada’s growth has largely been driven by increases in land value, as the following chart demonstrates:

Canadian land values grew consistently from the first quarter of 2009 up to the first quarter of 2017, going from just over $2 trillion to about $4.2 trillion in that time frame.

But then values started to level off, dropping to $4.1 trillion in the third quarter of 2017. Values grew again, but the growth hasn’t been as consistent since then as it had been over the past decade.

The value of residential and non-residential structures has also grown over that time.

WATCH: More sub-$1,000,000 homes listed in Vancouver


BMO senior economist Sal Guatieri wasn’t surprised to see real estate make up such a heavy share of national wealth in Canada.

The share rose amid a “sharp rise in home values” that happened in a few Canadian cities over the decade, particularly Toronto and Vancouver, he told Global News.

He said the amount of real estate wealth could prove to be a concern amid a “sharp, sustained correction in house prices given the wealth effect on spending.”

READ MORE: Falling B.C. real estate market projected to bring national home sales down to nearly 10-year low

Research by Moody’s earlier this year talked of the “wealth effect” — the effect of household wealth on consumer spending.

The credit rating agency looked at U.S. consumption and estimated the wealth effect at 4.5 cents, meaning that for every $1 change in household wealth, consumer spending could change by 4.5 cents.

A pullback in spending attributed to falling home prices could prove to be a drag on GDP growth.

Guatieri, for one, didn’t appear immediately concerned.

“Flat prices aren’t a big deal,” he said.

“It’s only if prices fall sharply that people would likely pull back spending.”

BMO has estimated that Canadian benchmark home prices will grow by less than one per cent next year and two per cent in 2020, dragged by “tougher mortgage rules and higher interest rates so the share should continue to trend modestly lower.”

The latest trends also come amid the implementation of measures meant to curb demand in Vancouver and Toronto, which, in recent years, have been Canada’s hottest housing markets.

B.C. has implemented a suite of measures since 2016, bringing in a 15-per-cent property transfer tax on foreign buyers that year that has shown a clear effect on price growth.

 
 
 
 
 
 
This chart shows Vancouver home prices started dropping pretty clearly after July 2016, which was the last month before B.C. instituted a property transfer tax on foreign buyers.

This chart shows Vancouver home prices started dropping pretty clearly after July 2016, which was the last month before B.C. instituted a property transfer tax on foreign buyers.

BMO

The province later introduced several new measures in the 2018 budget, including increasing the reach of the foreign buyers’ tax and implementing a speculation taxthat would charge 0.5 per cent on second homes that aren’t rented out for more than six months in a year.

Ontario, meanwhile, introduced in 2017 a series of housing measures, including a 15-per-cent tax on non-resident speculators in the Greater Golden Horseshoe as well as expanded rent controls and the ability for municipalities to level taxes on empty homes.

Toronto home prices have cooled off, too.

WATCH: B.C. mayors call for changes to speculation tax

Guatieri may not be concerned about the growth of real estate wealth, but economists at CIBC feel quite differently about the effects of a housing slowdown on Canada’s economy.

“For Canada, the housing market is more important to the overall economy than at any other time on record,” Benjamin Tal and Royce Mendes wrote.

They noted that residential investment makes up 7.5 per cent of Canada’s economy, which is just off a historic peak.

 
 
 
 
 
 
These charts show residential investment as a share of GDP and housing-related employment as a share of total just shy of historic peaks in a CIBC report.

These charts show residential investment as a share of GDP and housing-related employment as a share of total just shy of historic peaks in a CIBC report.

CIBC

The authors noted the Bank of Canada’s (BoC) argument that the “worst is now behind us and that housing markets are stabilizing.”

But from their standpoint, “it’s difficult to agree.”

The BoC’s workhorse model says that six quarters can pass before a rate hike can be felt in the economy, they noted.

In this case, however, only five quarters have passed since the first move of this cycle, and “we’re already seeing a slowdown in housing-related indicators,” Tal and Mendes said.

“As a result, we’re not as optimistic as the Bank of Canada for the contribution to GDP growth from housing over the next few years,” they wrote.

© 2018 Global News, a division of Corus Entertainment Inc.

Read full post

0:31

Commercial real estate Vancouver

No views7 hours ago
 
 
0:32
 
1:17
 
1:06
 
0:33

Cuba Havana classic car tour

No views3 days ago
 
 
0:32

Havana Cuba Party

No views3 days ago
 
 
0:32
Read full post

1:17

Vancouver Real Estate Market & Huawei December

No views4 minutes ago

Huawei executive arrest could impact Vancouver real estate prices: Barron's

Influential business journal suggests that arrest could chill Chinese migration

 

 

Canadian authorities’ arrest of Chinese telecom executive Meng Wanzhou could depress Vancouver home prices, influential business journal Barron’s reported December 10, citing a recent report from Hong Kong-based Smartkarma Insight Provider analyst Charles De Trenck.

The report is significant because Barron’s has a significant global reach among investors. Smartkarma, meanwhile, is a digital platform that offers investment insight into Asian markets.

 
article continues below
 
 

Huawei CFO Wanzhou’s arrest aroused anger in Chinese government circles because she is not charged with any crime. RCMP officers nabbed Wanzhou at Vancouver International Airport on December 1 while she was on a layover. They were acting at the behest of the U.S. government, whch alleges that Wanzhou misled financial institutions into providing money for corporate dealings that broke U.S. sanctions against Iran.

B.C. Supreme Court judge William Ehrcke on December 11 granted Wanzhou’s release on $10 million bail (including $7 million in cash) on the condition that she wear an electronic ankle bracelet, surrender passports, stay in Vancouver and its suburbs and confine herself to one of her family’s two Vancouver homes between 11 p.m. and 6 a.m.

Those restrictions are better than being placed in detention until extradition hearings end, but they are unlikely to please China, which has threatened “significant” consequences if Wanzhou is not released.

“China property investors and economic migrants flowing into Canada and North America got a loud message this week with the arrest,” De Trenck said, according to Barron’s.

“This is coming when property transactions continue to roll over in the formerly overheated Vancouver property market…. Price data are likely to be a little softer already, with new political drivers not yet reflected.”

Vancouver real estate prices have soared in the past five years, and the Real Estate Board of Greater Vancouver pinned the benchmark price for all homes in the region at $1,042,100 in November. That’s 72.8 per cent more than the benchmark price of $603,000 for all homes in November 2013.

Barron’s explained to its readers that “Vancouver real estate prices have been buoyed by Chinese buyers for 20 years, as it became a favourite destination after Britain handed Hong Kong back to the People’s Republic of China in 1997. Chinese buying surged, and then waned in the past two years as Beijing has tried to limit capital flight and Vancouver imposed a 15 per cent foreign buyers tax. Recently as the market slowed, Chinese interest in Vancouver homes rose again.”

It then quoted De Trenck as saying that Chinese migrants may “reconsider their overall commitment to a Canada move for the extended family, as well as encouraging potential new China migrants to consider shifting migration patterns to more friendly climates – or perhaps even to consider that rising nationalism requires them to keep closer to home.”

De Trenck’s conclusion is that Canadian “property price corrections in key markets” might gain momentum.

Some former bulls on Vancouver real estate have already turned into bears.

Lululemon founder and billionaire Chip Wilson, for example, had been loading up on Vancouver properties for years.

His own home at 3085 Point Grey Road is the priciest in the province, with an assessed value of more than $78.8 million – up more than 124 per cent in the past five years. Wilson also owns rental-apartment buildings through his Low Tide Properties.

When Business in Vancouver asked Wilson on October 24 whether it is a good time to buy Vancouver real estate, he did not skip a beat before answering, “Absolutely not.”

His comment came four days after the most recent civic elections and he did not sound pleased with the result.

“We have three levels of left-wing government,” he said. “Money will go to where it is most loved, and investment here is very, very, very difficult right now.”

Canada Mortgage and Housing Corp. is also projecting that prices for real estate in Vancouver will soften.

“We expect the average MLS [Multiple Listing Service] price to decline 7 per cent in 2019, and then a further 4 per cent in 2020,” said CMHC economist Eric Bond.

gkorstrom@biv.com

 
 
1:06
Read full post

 
0:32
Private
 
 
0:33

Cuba Havana classic car tour

No views9 minutes ago
 
 
0:32

Havana Cuba Party

No views10 minutes ago
 
 
 
0:32

Cuba convertible car tour Havana

No views11 minutes ago
 
 
0:33

Cuba cave rafting canoe kayak

No views13 minutes ago
 
 
0:35

Havana Cuba Opera House at night

No views15 minutes ago
 
 
0:39

Cuba historical painted wall

No views17 minutes ago
 
 
0:32

Cuba cave spelunking Havana

No views19 minutes ago
 
 
 
0:33
 
0:32

Cuba Sunset Old Havana

No views29 minutes ago
 
 
0:31

Sunset over Cuba Havana

No views41 minutes ago
 
 
0:32

Cuba touring Havana Caves & Cigars

No views45 minutes ago
 
 
0:34
 
0:32

Havana Old City Cuba

No views51 minutes ago
 
 
0:42

Cuba Ernest Hemingway bar Havana

No views56 minutes ago
 
 
0:38

Havana Memories Hotel Pool Cuba

No views1 hour ago
 
 
0:32

Havana Cuba Tour

1 view1 hour ago
 
 
0:30

Old Havana Cuba

No views1 hour ago
 
 
0:32

Havana Cuba classic cars

No views1 hour ago
 
 
0:34

Havana Che Guevara National Museum

No views1 hour ago
 
 
0:34

Havana Beach Cuba

No views1 hour ago
 
 
0:32
 
0:28

Elephants in Cuba

No views1 hour ago
 
 
0:51

Cuban Nights Havana

No views1 hour ago
 
 
0:55
 
0:35
 
0:43

Buying property and living in Cuba

No views3 hours ago
 
 
0:33

Sailing Cuba Varadero

No views3 hours ago
 
 
 
0:34

Traveling Cuba Havana Varadero

No views3 hours ago
 
 
0:35

Cuba All Inclusive Poolside Varadero

No views3 hours ago
 
 
0:34

Windsurfing Cuba Varadero Beach

1 view4 hours ago
 
 
0:31

Cuba Beach Varadero

No views4 hours ago
 
 
0:32

Varadero Beach Cuba

No views4 hours ago
 
 
0:31
 
0:31

Cuban Music Live in Havana

No views4 hours ago
 
 
0:54
 
Read full post

 
0:32
Private
 
 
0:33

Cuba Havana classic car tour

No views9 minutes ago
 
 
0:32

Havana Cuba Party

No views10 minutes ago
 
 
 
0:32

Cuba convertible car tour Havana

No views11 minutes ago
 
 
0:33

Cuba cave rafting canoe kayak

No views13 minutes ago
 
 
0:35

Havana Cuba Opera House at night

No views15 minutes ago
 
 
0:39

Cuba historical painted wall

No views17 minutes ago
 
 
0:32

Cuba cave spelunking Havana

No views19 minutes ago
 
 
 
0:33
 
0:32

Cuba Sunset Old Havana

No views29 minutes ago
 
 
0:31

Sunset over Cuba Havana

No views41 minutes ago
 
 
0:32

Cuba touring Havana Caves & Cigars

No views45 minutes ago
 
 
0:34
 
0:32

Havana Old City Cuba

No views51 minutes ago
 
 
0:42

Cuba Ernest Hemingway bar Havana

No views56 minutes ago
 
 
0:38

Havana Memories Hotel Pool Cuba

No views1 hour ago
 
 
0:32

Havana Cuba Tour

1 view1 hour ago
 
 
0:30

Old Havana Cuba

No views1 hour ago
 
 
0:32

Havana Cuba classic cars

No views1 hour ago
 
 
0:34

Havana Che Guevara National Museum

No views1 hour ago
 
 
0:34

Havana Beach Cuba

No views1 hour ago
 
 
0:32
 
0:28

Elephants in Cuba

No views1 hour ago
 
 
0:51

Cuban Nights Havana

No views1 hour ago
 
 
0:55
 
0:35
 
0:43

Buying property and living in Cuba

No views3 hours ago
 
 
0:33

Sailing Cuba Varadero

No views3 hours ago
 
 
 
0:34

Traveling Cuba Havana Varadero

No views3 hours ago
 
 
0:35

Cuba All Inclusive Poolside Varadero

No views3 hours ago
 
 
0:34

Windsurfing Cuba Varadero Beach

1 view4 hours ago
 
 
0:31

Cuba Beach Varadero

No views4 hours ago
 
 
0:32

Varadero Beach Cuba

No views4 hours ago
 
 
0:31
 
0:31

Cuban Music Live in Havana

No views4 hours ago
 
 
0:54
 
Read full post
Categories:   $1.2-million Vancouver home | $105-million real estate deal reveals hot Vancouver market’s inner workings | $2.4-million Point Grey tear-down house!! | $25.8 MILLION BOARDED-UP, GRAFFITI COVERED POINT GREY TEARDOWN FOR SALE | $350-million wooden pagoda design unveiled for new Vancouver Art Gallery | $500-million Metro Vancouver project blends residential, commercial and light industrial | $51.8-million Vancouver home was once a duck farmer in China | $567K over listed price | $7 million for a hacienda in East Vancouver | 'F---, Kill or Marry': CKNW issues on-air apology for ‘offensive’ comments on earlier broadcast | 'Shark Tank' investor Robert Herjavec shares 6 business lessons he learned from waiting tables | 'Star Wars 7' Will Have Vancouver Influence Thanks To New Studio | 'The Dorothies,' Vancouver Heritage Homes, Successfully Moved | 'The Mushroom House' Is Unlike Any Home You've Seen | 'You're starting to witness the slowdown': declines expected in today's Vancouver real estate figures | 10 Best-Kept Secrets for Selling Your Home | 10 Big Space-Saving Ideas for Small Kitchens | 10 Incredible Homes With Gardens That'll Remind You What Spring Looks Like | 10 most expensive houses on the Vancouver | 10 Things to Consider Before Making an Offer On a Home | 10 things your real-estate agent won’t tell you | 100 Best things to do Hawaii | 100 Best Things to do in Switzerland | 100 trips everyone should take in their lifetime | 100 Years of the PNE | 1003 Burnaby | 1003 Burnaby Street The Milano | 1008 cambie street | 1009 expo boulevard | 101 555 E 8TH Avenue Vancouver V5T 1S9 : Mount Pleasant VE | 1010 Burnaby St The Ellington | 1018 cambie street | 105 Keefer Street Vancouver | 105 Keefer Street, Vancouver | 1050 Burrard Street | 1066 East | 1066 east 8th Avenue | 1066 east 8th Avenue Mount Pleasant condos | 1066 Hamilton street vancouver | 1066 Hamilton Street Vancouver, Rental Condos Vancouver, Yaletown Condos | 1066 Hamilton Street Vancouver, Rental Condos Vancouver, Yaletown Rental Condos | 1082 Seymour Street, freesia on Seymour | 1102 Hornby Street | 1102 Hornby Street Artemisia | 111 wes | 111 west georgia | 111 west georgia st vancouver | 1177 Hornby Street Hornby Court | 12 Water St Vancouver Gastown | 1209 Jervis St. | 1221 Bidwell Street Vancouver | 1236 | 1236 Bidwell Street Vancouver | 1236 Bidwell Street Vancouver www.vancouvercentury21.com | 1236 Bidwell Street Vancouver, Alexander Park Condos Vancouver | 1238 Seymour Street Vancouver | 128 cord | 1280 Howe St | 1283 howe | 1283 howe street | 1283 Howe Street Vancouver | 1288 THE CRESCENT BB | 13 ok for vancouver condos | 13 Things No One Tells You About Owning A Home | 1328 | 1328 Marinaside Vancouver | 1335 Howe Street Vancouver | 1383 | 1383 Marin | 1383 Marinaside Crescent Condos | 1383 Marinaside Crescent, Vancouver, BC, V6Z 2W9 | 1401 Robson St. | 1408 Strathmore Mews Vancouver | 1408 Strathmore Mews West One Vancouver | 1428 West 6th Avenue | 1460 Howe St | 1531 Davie St. | 1550 Harwood | 1550 Harwood Street | 1575 West Georgia Street | 1600 S Ocean Dr | 1600 S Ocean Dr, Fort Lauderdale, FL 33316 | 1628 Cypress Street Kitsilano | 1665 Arbutus St | 1675 Hornby St. medical marijuana insurance | 1675 Hornby Street marijuana | 1675 Hornby Street medical marijuana | 1688 Cypress Street, Vancouver | 1700 block of Pendrell Street | 1754-1772 Pendrell Street | 1762 Davie Street Vancouver O2 Condos | 1784 DRUMMOND DR, V6T 1B6 | 188 Keefer Street | 188 Keefer Street Chinatown | 188 Keefer Street Vancouver | 1888 York Ave, Vancouver | 1888 York Street Vancouver | 1889 Al | 1889 Alberni Street The Lord Stanley | 1889 alberni street vancouver | 1889 Alberni Street Vancouver & The Lord Stanley | 1950 robson street | 1950 Robson Street, Vancouver BC | 1960 Robson Street, Lagoon Terrace, 1950 Robson Street, The Chatsworth | 1970 Robson Street, Lagoon Royale Vancouver West End | 20 surreal photos of Northern Lights glowing over Metro Vancouver | 20 things to do in Vancouver this weekend | 21-storey West End tower opposed by neighbours | 21-story high-rise that’s proposed by Westbank Projects Corp. | 2292 Clark Dr | 2424 | 2424 Cypress Street Vancouver | 25 Brilliant Tiny Homes That Will Inspire You To Live Small | 255 North Kootenay Street | 26-storey tower proposed for prime downtown Vancouver waterfront site | 26-storey ‘Origami’ tower proposed for Vancouver’s waterfront | 2610 Victoria Drive | 271 Union Street | 3 civic plaza | 3 civic plaza floorplans | 3 Civic Plaza Surrey | 30 FREE things to do in Vancouver this summer | 31 best photos and videos of the supermoon lunar eclipse over Vancouver | 33 | 33 Templeton Street Condos Vancouver | 3333 Bridgeway Street, Vancouver, BC | 36 Water St Gastown | 3680 Broadway Street Kitsilano Condo | 3970 | 3970 Carrigan Court Burnaby | 4 is ok for vancouver condos | 4 Stylishly Sneaky Ways to Add Privacy to Your Yard | 4 Year Extension on Principal Residence Exemption | 4-Car Accident 33rd & Gladstone! | 40-year-old Vancouver Aquatic Centre could be demolished | 409 SOUTHBOROUGH DRIVE WEST VANCOUVER | 4453 west 14th ave | 4472 HASTINGS STREET BURNABY, BC ±13,973 SF DEVELOPMENT SITE | 4749 BELMONT AV, V6T 1A8 | 4749 Belmont Avenue | 4812 BELMONT Avenue Vancouver V6T 1A9 : Point Grey | 498 Drake Street | 498 DRAKE – BY WALL FINANCIAL – VANCOUVER NEW DEVELOPMENT AND PRESALE | 499 Pacific Street | 49th Parallel Brewery Princeton Hotel Ironworks Vancouver East | 49th Parallel Brewery Princeton Hotel Vancouver East | 49th Parallel brewery vancouver | 5 reasons to visit Hastings Racecourse | 5 Reasons You Shouldn’t Be a Landlord | 5% down | 5% down mortgage | 50% off all Cineplex films for a week beginning August 31 | 51-storey iconic Jenga tower proposed for downtown Vancouver | 555 Cordova | 555 Cordova street | 555 Cordova Street, New Gastown office Building | 555 West Cordova St | 557 Cordova Street, Cordovan | 58 keefer stteet | 6 and Fir 1565 West 6th Ave | 602 Citadel Parade | 620 Cardero Street | 626 Alexander | 626 Alexander St | 626 Alexander St Railtown | 6292 Carnarvon St. | 633 abbott street | 633 cordova street | 65 E 26th Ave | 688 abbott street | 6th & Fir Community Garden Vancouver | 7 Things Not to Do When Flipping Houses | 7 Types of Girls in Vancouver | 7-Eleven Clerk Who Lost Job Over Good Deed Gets a Better Offer | 70% of Vancouver homes over $3 million sold to Chinese buyers | 717 Davie Street | 76% of Canada’s national wealth is wrapped up in real estate, and the market is slowing: data | 8 Reasons Why It's Better To Live In A Small Space | 846 E 27TH Avenue | 8th Avenue Elite Realty Ltd. | 9 Yachts And Boats You Can Rent For Super Cheap In BC | 900 Hastings | 928 Richards Street The Savoy | 938 Nelson Street | 94.5 Virgin Radio Father’s Day Contest Vancouver | 989 Nelson St Electra Building | 989 Nelson Street Electra | 989 Nelson Street Vancouver | 989 Nelson Street Vancouver Electra Building | 989 Richards Street The Mondrian 969 Richards Street | 999 Seymour Street | @HiddenCashYVR | A drone crashes and almost kills Marcel Hirscher | A full list of the best Christmas lights in Metro Vancouver | A Guide to Land Assembly in BC (2019) | A Guide to Land Assembly in BC (2019) What is a “land assembly”? | A NEW YORK APARTMENT JUST SOLD FOR OVER $100 MILLION, BREAKING RECORDS AND BLOWING MINDS | A Simple Guide for First-Time Homebuyers | A smarter tax would ease Vancouver's housing crisis | abandoned McBarge | Ads for real estate 'training workshops' prompt questions ahead of Vancouver event | Air balloons Myanmar sunrise | Airbnb | AirBnb renter duped into paying $9K for dingy apartment: suit | Airbnb Vancouver | Airbnb, VRBO, Craigslist Sublets Are An Evictable Offence, Says Landlord BC | Alex Burrows | Alex Burrows Mic'd Up | Alex MacLean is used to seeing the world from up high. | Alexandra at 1221 Bidwell Street English Bay Vancouver | Ali & 1996 Olympic Torch Atlanta | Ali & the Torch | All you need to know about the 2019 assessments | American tourists fall in love with Vancouver | Anbang Sells Bentall Centre Vancouver real estate | Anchor Point condo development Vancouver | Anchor Point condos development strata dissolution | angry dog owner | angry dog owner in hot car | angry dog owner vancouver | Angry dog-owner lashes | Animal Inside Out debuts at Science World tomorrow | Anthem Properties | Apartment 'viewing fees' shock Calgary woman looking to rent | APARTMENT BUILDING IN KITSILANO for sale | Apply to visit, study, work or immigrate to Canada | aquatic centre vancouver | arbutus house fire | Arbutus Squatter House Fire | Arbutus Village Condos | Arc | arc condos | Arc Vancouver presale condos Concord | Arc Yaletown presale | are vancouver | Are Vancouver Condo Prices Dropping? | are vancouver home prices going down? | are vancouver home prices going up? | Are Vancouver real estate prices going up or down? | are vancouver real estate prices up or down? | Are Vancouver strata condo prices going up or down? | Are you eligible for a home owner grant? | Are young men losers in Vancouver’s rental market? | Areas of the city Vancouver | arizona cardinals | Arizona Cardinals vs Minnesota Vikings (Dec. 10, 2015) Thursday Night Football | Arizona Super Bowl Realtor | Arnold Schwarzenegger | Arnold Schwarzenegger real estate | Arnold Schwarzennegger Real Estate | aroborist vancouver east | Artemisia 1102 Hornby Street | Artemisia 1102 Hornby Street, Vancouver | Artemisia 1102 Hornby Street, Vancouver Artemisia 1102 Hornby Street, Vancouver | ARTEMISIA Boffo Developments | Arthur Erickson classic in West Vancouver on market for three times assessed value | As Vancouver's Housing Market Implodes, Furious Chinese Envoy Slams Real Estate Tax | Asians Buying B.C. Real Estate | Asking home prices fall by double digits in Metro Vancouver as BC budget begins to bite | Asking home prices fall by double digits inVancouver, BC budget begins to bite | Assassination of Kim Jong Nam appears to be visible on CCTV footage | Astoria Hotel Vancouver | Astoria Hotel Vancouver condos | At Will Education offers free webinars | At Will Events | Atira plans 7-storey social housing project made of old shipping containers | Atlanta Olympics | attempted abduction stanley park | Attempted land assembly deal has 33-foot East Vancouver lots listed for $3.4 million | Attractive Vancouver Condos For $300,000 Or Less Actually Exist | Auction for Victoria mansion only attracts 1 bid | Autumn leaves turn East Vancouver street into international attraction | available land vancouver | Avalon Mews Killarney Townhouse | Avalon Mews Killarney Townhouse for sale | Avenue One Concord Presale condos southeast False Creek | Avenue One Concord Vancouver | Avenue One condos | Avoid Zillow at all Costs | avoiding taxes vancouver | Away Chiang Mai Hotel Vegetarian Resort Thailand | B.C. Budget 2018: B.C. NDP increases and extends housing taxes in effort to rein in speculation | B.C. Budget and Vancouver Real Estate | B.C. condo developer Bob Rennie accused of advance knowledge of foreign real estate buyer tax | B.C. driver issued $575 ticket for tossing cigarette butt calls it ‘insane’ | B.C. government introduces legislation on speculation tax | B.C. government mum on Jericho Lands | B.C. Government Probe into money laundering in Vancouver Real Estate | B.C. in "crisis" for rental affordability: housing index | B.C. judge kills Yaletown development after flawed land swap process | B.C. just violated NAFTA with its foreign property tax — and we could all pay for it | B.C. landscaper has found a way to avoid a big mortgage | B.C. launches new money laundering review in real estate sector | B.C. offers interest-free loans up to $37,500 to 1st-time homebuyers | B.C. Real Estate: Best Cities To Invest In | B.C. releases first set of data on foreign home ownership in Vancouver | B.C. watchdog probes realtor conduct of Vancouver presale condo flips | B.C.'s "Speculation Tax" | Baby deer on the loose in downtown Vancouver | Bachelor Ben Falls in Love Lauren's Sister | Bachelor Bloopers Ben Higgins! | backyard camera privacy Riley Park house | bald eagle | Bank mortgages, not bags of cash, behind mainland Chinese home buys | bank of canada rates | bank of mom and dad | Barclay Street home in Vancouver's West End for sale for almost $7 million | Barnet Marine Park | Bauhaus restaurant | bayshore hotel | BC Assessment | BC Assessment announces property value changes for 2017 | BC Cup Hastings Racecourse & Whistler Village Vallea Lumina | BC Election | BC Housing Affordability Fund | bc islands for sale | bc lions | BC Lions Honour Geroy Simon | BC Lions vs Calgary Stampeders | BC NDP | BC SPCA investigates video showing alleged dog abuse | BC Tax Assessment and Mortgages | BC teachers’ strike: Tentative deal reached between BCTF and government | BCREA releases housing affordability plan | BCTF & Fassbender | bears in backyard pool | bears in pool | bed bug issue at Okanagan motel | Beedie Group | beer crawling in Vancouver's East Van, the craft beer capital of Canada | Before Becoming A Homeowner | Below Deck Vancouver | ben carson | Ben Carson & Donald Trump SNL! | Ben Higgins | Ben Higgins bitten by a CRAB | ben stiller | Ben Stiller & Stephen Colbert Kiss | Ben Stiller female Viagra commercial SavedApply changes | Benz Vancouver | bernie sanders | Bernie Sanders & Larry David SNL | Bernie Sanders SMOKES POT TWICE! | Bernie Tells Hillary to SHUSH UP! | bertuzzi honoured | Best Cities To Invest In Real Estate? Those Would Be Toronto, Vancouver, Calgary | Best Day Of The Year To Sell Your House | Best East Vancouver Viewpoints | best of vancouver restaurants | Best Of Vancouver: New Restaurant | Best patios in Yaletown | best restaurants of vancouver | Best, worst Vancouver ’hoods to buy a condo or townhome | Beverly Hills Estate Is Currently The Highest Priced Home In The Nation | bicycle hits car | Bicycle Runs Red Light, Gets Hit by Car | bidding wars | Bidding wars for Vancouver real estate | Bill 40 | Bing Thom | Bitter lawsuit between wealthy developers reveals delays, downsizing of Yaletown affordable housing plan was inevitable | Bjarke Ingels' Vancouver House Designs Revealed | Black bear spotted hanging out in Vancouver tree near the PNE | Blackcomb Vallea Lumina - A multimedia night walk in pursuite of hidden wonders. | Bluesky Hotels & Resorts Inc | BMO cuts 5-year below 3% | BMO Mortgage Rate Cut Prompts Concern From Joe Oliver | bob rennie | Body discovered in a storm drain in East Vancouver | boffo | boffo condos | boffo properties | Bohe | Boheme | Boheme condos | boheme hasting | Boheme Hastings | Boheme Vancouver | Boheme Vancouver condo | bon | Bosa new westminster condos | Bosa plans major project on New Westminster waterfront | Bosa properties | Bosa riversky condos | Bosa Riversky properties | Boston Bruins | Bradian, B.C. Ghost Town For Sale | Brent Burns CHEAP SHOT on Henrik Sedin | brexit vote to canada | bridge to sechelt | bridge to Sunshine Coast from Metro Vancouver | British Columbia cracks down on dirty money in real estate market | British Columbia GST & Property Transfer Tax Calculator | Britons seek to 'move to Canada' after Brexit vote | broadway subway vancouver | Bryan Adams Concert Vancouver | Building at Venables & commercial | building falls into the ocean | Bump on the Lions Gate Bridge | Burke Mountain land deal | Burnaby Concord | Burnaby Heights | Burnaby houses | Burnaby Marine Pub destroyed in suspicious 3-alarm blaze | burnaby presale condos | Büro Ole Scheeren towers coming to Thurlow & Barclay in Vancouver | Burquitlam Condos Coquitlam Condos | Burquitlam land assemblies | burrard place | burrard place condos | burrard place floorplans | burrard place one condo presale | Burrard Place Skyfront | burrard place toyota | burrard place vancouver | Burrard Place Vancouver condo | Burrard Place – A New Downtown Vancouver Presale | BURRARD PLACE – BY RELIANCE PROPERTIES AND JIM PATTISON DEVELOPMENTS LIMITED – VANCOUVER NEW DEVELOPMENT AND PRESALE | Burrard View Park | Burrardview Community Association | bus fares vancouver | buy a burial plot among Mountain View Cemetery' | buy burial space | buying a condo in vancouver | buying a home in | Buying a home in Greater Vancouver & BC | Buying a home in Vancouver East | buying a house | buying a house in vancouver | Buying a house Vancouver East | Buying a House? Why Putting 20 Percent Down Is the Smartest Decision | buying a vancouver condo | buying churches | buying vancouver churches | Buying Vancouver East Houses | Buying Vancouver East houses in the rain. | buzz buzz | Buzz Buzz Real Estate | Buzz Buzz Real Estate Vancouver | by rent by credit card | Calgary And Edmonton Average Home Price Hits Record High | calgary flames | calgary flames hit from behind | California Apartment FALLS into OCEAN! | Cam Newton Interview | Cambie Street condos, Jukebox Printing Vancouver, Olympic Village Condos, Mount Pleasant Condos. | Cambridge | Cambridge Street Vancouver East Autumn Leaves | Campfire ban lifted for Metro Vancouver and B.C. coast | campfires vancouver | can I wash my car Vancouver | Can One Small Group of Owners Block the Strata from Selling? | Can The Drive survive city of Vancouver's Monopoly development game? | Can you name these Metro Van neighbourhoods from a map? | Can you sell your Vancouver home in winter snow? | Can you sell your Vancouver home in winter? | Canada a friendly home for illicit cash, corrupt real estate buys | Canada Day Vancouver | Canada housing non-profit courts Ottawa with affordability plan | Canada Place Fireworks Canada Day | Canada Post Georgia Street Vancouver Condos & Vancouver Art Gallery | Canada Revenue Agency launches Vancouver housing probe | Canada to vote Stephen Harper out of office | canada votes | Canada-Honduras FIFA World Cup qualifying match | CanadaBC New real estate tax harming foreigners working in B.C., says American buyer | Canada’s first-time home buyers explore new paths to purchase | Canada’s real estate boom | Canada’s real estate boom will come to an end in 2016, CMHC says | Canada’s REITs | Canada’s two hottest markets | Canadian bank in a month to hike lending rates | Canadian Cities Where An Average Income Will No Longer Buy You A House | Canadian Dollar Hits Lows Not Seen Since Mid-2009 | Canadian Home Critic Contest - CENTURY 21 Canada | Canadian home prices fall for third month in a row, even in Vancouver | Canadian House Prices To Drop As 'Huge' Wave Of New Homes Arrives: Report | Canadian Housing Market Data So Poor Everyone Is 'Flying Blind': CIBC | Canadian Real Estate Bubble Blowing Up North | Canadian Reverse Mortgage Debt Just Made One Of The Biggest Jumps Ever | Canadians’ confidence in real estate juggernaut starting to wobble, poll finds | Cancellation of Strata Plan and Winding Up of Strata Corporation | Cannery Row Lofts Vancouver, 2001 Wall Street Vancouver | Cannery Row Lofts Vancouver, 2001 Wall Street Vancouver, Wall Street Houses Vancouver | Canuck crow | Canuck the crow | Canuck the Crow dive bombs bald eagle | Canuck the Crow is a free bird again | Canuck the Crow is a free bird again. | Canuck the crow swoop off with a knife from a Vancouver crime scene? | Canucks Fan Jumps Ship, Bows Down To Bruins | Canucks highlights | Canucks introduce new ticket pricing approach | canucks new tickets | Canucks to honour Bertuzzi, Naslund, Morrison this season | Canucks Trade Eddie Lack to Hurricanes | Canucks vs Blackhawks Highlights (Dec. 13, 2015) | Canucks vs Blue Jackets Highlights (Feb. 04, 2016) | Canucks vs Bruins Highlights (Jan. 21, 2016) | Canucks vs Capitals Highlights (Jan. 14, 2016) | Canucks vs Ducks Game Recap | Canucks vs Hurricanes highlights | Canucks vs Islanders highlights | Canucks vs Lightning Highlights (Jan. 09, 2017) | Canucks vs Panthers Bench Clearing brawl | Canucks vs Panthers highlights | Canucks vs Panthers post-game brawl | Canucks vs Rangers Highlights (Jan. 19, 2016) | Canvas project | Caprice Landmark Vancouver | Car CRASHES into Victoria nightclub SaveChanges applied | car hits bicycle | Car2Go adds four-door Mercedes-Benz cars to Vancouver fleet | car2go vancouver | Cardero by Bosa – 184 Luxury Coal Harbour Pre-Construction Residences | Carolina Panthers | Carrigan Court Burnaby | Cashing in Old Condos | CBC buildings for condos | CBC camera kiss Squamish | CBC for sale | CBC reporter files complaint to police after unwanted kiss on camera at Squamish Festival | CBC to sell all of its buildings and properties across Canada | CBRE Seymour Estates | cel | celebr | celebration of light | Celebration of Light 2015 | Celebration of Light 2015 Fireworks: Canada Night | Celebration of Light 2015 road closures | Celebration of Light fireworks | Central Business District Vancouver | century | century 21 | Century 21 Air Miles | CENTURY 21 PROPERTY MANAGEMENT VANCOUVER | Century 21 Vancouver | CENTURY 21 VANCOUVER 409 SOUTHBOROUGH DRIVE WEST VANCOUVER | Century 21 Vancouver 928 Richards Street The Savoy | Century 21 Vancouver 989 Nelson St Electra Building | Century 21 Vancouver 989 Nelson Street Electra | Century 21 Vancouver Davie Street Condos Century 21 Vancouver Davie Street Condos | Century 21 Vancouver Killer Whale Research Aided By Drones | Century 21 Vancouver Kitsilano condos | Century 21 Vancouver Kitsilano houses | Century 21 Vancouver Kitsilano houses Kitsilano Condos | Century 21 Vancouver Library Square Vancouver | Century 21 Vancouver Olympic Village Condos | Century 21 Vancouver Wall Centre 989 Nelson Street 1050 Burrard Street | Century 21 Vancouver West End Vancouver condos | Century 21 Vancouver Yaletown condos | Champlain Heights, Vancouver East Real Estate | Change to Strata Property Act paving the way for old condo buyouts | Change to Strata Property Act will allow easier sale of entire buildings | changes to the strata property act | CHARACTER APARTMENT BUILDING IN THE HEART OF KITSILANO | Character Home Zoning Review | charlson vancouver | cheap vancouver condos | cheap westjet flights | CHEAPEST NEW CONDOS! Surrey EVOLVE Condo Tower in West Village! | chemical fire vancouver | Chen Mailin | Chiang Mai Hotel Resort Thailand | chicago blackhawks | Chilliwack crime | China | China could be responsible for a slowdown in the US housing market | China could be responsible for a slowdown in the Vancouver housing market | China investing in Vancouver real estate ordered to repay millions | China Pentagon Mall | china real estate | China real estate market | China's Cash Outflow Crackdown Could Crash Vancouver Real Estate | Chinatown condos 188 Keefer Street Vancouver | Chinatown Condos Vancouver | chinatown vancouver | Chinatown Vancouver Condos | China’s Anbang Insurance Group Co | China’s Anbang: Empty Offices and Obscure Names | chinese | chinese avoid taxes | Chinese buyers | Chinese buyers for your vancouver home | chinese buyers in | Chinese buyers in Vancouver | chinese buyers in Vancovuer | Chinese buyers look beyond Vancouver to Montreal's real estate market | Chinese buyers spike Vancouver's luxury home market | Chinese buyers spike Vancouver's luxury home market by 79% | chinese buyers vancouver | Chinese buyers Vancouver Real Estate | Chinese empty tower | Chinese government concerned over education dispute | Chinese interest in Vancouver real estate | Chinese man orders Chinese Food | Chinese money launderers snap up Vancouver real estate | Chinese New Year Sales Of Vancouver Real Estate Down 78% | Chinese real estate billionaire says customers troubled by B.C. foreign buyers' tax | Chinese real estate billionaire says Vancouver customers troubled by B.C. tax | chinese vancouver buyers | Chip Wilson's house | Chocolate Babka with Mixed Nuts | Choose a REALTOR® in Greater Vancouver & BC | choosing a Vancouver Realtor | Chris Tanev | Christmas | christmas in Vancouver | Christmas lights in Metro Vancouver | Chum | Chum Lee | Church realtors | CIBT Education Group | Cineplex movies 50% off | Cineplex movies vancouver | citadel | Citizens’ group rises up for Vancouver real estate reform | Citti—A New Development at the heart of Vancouver’s Cambie & Broadway Neighbourhood | City Council approves 178-unit rental housing project in Vancouver West End | City Council votes to demolish Vancouver Viaducts | City endorses Making Room program to increase housing choices in Vancouver | City of Vancouver faces complex negotiations on 717 expiring strata leases in False Creek South | City of Vancouver proposing 3.4% property tax increase | City of Vancouver set to increase housing options for families | City of Vancouver tree sale | City of Vancouver wants to approve duplex zoning for most detached houses. | civic plaza | Clark SkyTrain condos | clearance certificate Vancouver | ClearBlue Is Now Paying Celebs to Tweet Their Pregnancy Tests | CMHC | CMHC Finally Says Vancouver Is Too Expensive For Local Incomes. | CMHC housing report rings more alarm bells about Vancouver real estate market | CMHC mortgage rules vancouver | CMHC plays catch-up with vaguely alarming house price warning | CMHC sees 'spillover effects' from hot Vancouver and Toronto markets | CMHC: We Don't Know How Many Foreign Investors Are Buying Canadian Homes | Co-operative Ownership | coach house and laneway house | Coal Harbour deck | Coal Harbour, Vancouver West Real Estate | COCO Oakridge | Coco Oakridge VIP Preview | Colorado Avalanche | commercial dr | commercial drive | Commercial Drive Bars & Restaurants Vancouver | Commercial Drive Condos & Houses | commercial drive for sale | commercial drive house | Commercial Drive House & Commercial Drive Condos | Commercial Drive houses & condos for sale | Commercial Drive houses and condos Vancouver East | Commercial Drive Houses Vancouver | Commercial Drive Houses, Commercial Drive Condos, Real Estate on Commercial Drive, Commercial Drive Shopping & World Cup | Commercial Drive Houses, Commercial Drive Homes, Commercial Drive Condos | commercial drive street | Commercial Drive Street Party | Commercial Drive Vancouver | Commercial Drive Vancouver East houses and condos | Commercial lease space downtown Vancouver | Commercial real estate sales drop off in much of Metro Vancouver | Commercial Real Estate Vancouver | Commercial Real Estate: The Stack to go up on Melville | commercial str | Commercial Street Condos & Houses Vancouver | Commercial Street Vancouver Houses & Condos | compass | Compass Card update | compass card vancouver | concord | Concord Pacific Condos Vancouver | condo | Condo buyer crowdfunding to help pay surprise real estate tax | condo in vancouver | condo king | condo king vancouver | condo maintenance | condo maintenance fees | condo maintenance fees in Vancouver | Condo owners cash out with $51 million project sale | Condo owners ignoring depreciation reports | Condo Prices ‘Will Take A Serious Hit' If Maintenance Fees Unchecked | Condo Smarts: Do we stay or do we liquidate? | condo strata dissolution | condo tower proposed for the corner of Helmcken and Richards in Vancouver. | condo, house prices in Greater Vancouver | Condominium unit inspection | condos | Condos around English Bay and West End Vancouver | condos at telus tower | condos compared to houses in vancouver | Condos follow Vancouver’s detached home slump | condos in Chinatown Vancouver | condos in Fairview | Condos in Fairview Vancouver | condos in Vancouver | condos in vancouver movies | condos on Seymour street | condos on the moon | condos vancouver | Condos West End Vancouver | Conflict brewing over proposed tasting room in Strathcona | Connecticut estate sells for a record $120 million | Conservative pees in cup | Construction on Vancouver House beginning | Container Ship Adrift Off B.C. North Coast | Controversial $450,000 art piece approved by Vancouver Parks Board | Controversial Coal Harbour Tower | Conwest Group of Companies with Ironworks | Cooling red hot Vancouver real estate market | coops vancouver | Coquitlam Land Assemblies | Coquitlam Land Assembly | Coquitlam Land Assembly for sale | Coquitlam neighbourhood fights land-use changes before Evergreen arrives | Coquitlam presale condos | Coquitlam West, Coquitlam Real Estate | Cordovan condos | Cory Conacher given John Scott’s giant helmet in the penalty box, hilarity ensues | cosmopolitan fire | Cost of owning a home in Toronto, Vancouver ‘off the charts’ — and likely to get worse, warns RBC | Cougar commute: Big cats caught strolling through SkyTrain station | Cougars spotted walking on SkyTrain tracks in Port Moody | Courtney Love Claims She May Have Found Malaysia Airlines Flight 370, Shares Picture | CP surveys its Arbutus Corridor railway line, considers running trains again | CRA finds nearly $600 million in unpaid taxes in B.C. and Ontario real estate sector | CRA leak about crackdown on B.C. real estate tax cheats heats debate | CRA plans ‘lifestyle audits’ in Vancouver as part of real estate probe | craft beer east van | Craigslist luxury rental scam leaves Vancouver tenants on the sidewalk | Craigslist luxury rental scam victims stage citizen's arrest in Vancouver | Craigslist Vancouver ad offers failed vertical greenhouse for $1.5M | Crow Rides SkyTrain! | cruise ship passengers flooding into Vancouver | Cuba Havana Varadero Cigar Cave Tours Videos | Cuba Havana Varadero Videos | Cyndi Lauper & Chicago PNE Vancouver Concerts | D.J. Tanner-Fuller | da | dallas stars | Dan Hamhuis puck in face | Dan Hamhuis Surgery | Daniel Sedin gets hit by puck | Daniel Sedin's $5.9 million Shaughnessy home for sale | Daniel SEDIN's FIRST GOAL!!! | Dark Table Kitsilano | Dark Table Restaurant | data on foreign investment in Canadian real estate | dav | davi | david | David Bowie Tribute | David Cassidy's house | david cassidy's house for sale | David Eby & Vancouver real estate money laundering | David Eby handles every live grenade in B.C. politics. Is he a premier-in-waiting? | david hutchinson | david hutchinson century 21 | david hutchinson condo king | david hutchinson realtor | David Hutchinson Sutton Group | david hutchinson sutton group west coast realty | david hutchinson vancouver century 21 | David Lam | david lam park | David Lam Park & Elsie Roy Elementary School Condos | davie | davie s | davie st | Davie St Block Festival | Davie St condos | Davie St condos new building | davie st mansion for sale | davie st pride festival | Davie Street Block Party 2015 this Friday | Davie Street Condos | Davie Street Condos Vancouver | Death to the single family home for a more livable Vancouver says UBC professor | Decades after moving out, man wins claim to half of $1.2-million Vancouver home | deer in downtown Vancouver | Defer taxes, make money: The new way to profit on Vancouver real estate | defer vancouver taxes | depreciation | depreciation reports | Derek Dorsett vs Cody Bass fight | Derek Dorsett vs Matt Martin fight | Design Technique Will Make Any Home Look More Expensive | Detached Houses in East Vancouver | Detroit Is Auctioning Off Incredible Old Homes For $1,000, But There's A Big Catch ( | Detroit Real Estate Market So Bad A House Is Worth An iPhone 6 | developer donations to gregor robertson | developers in Vancouver | development in Chinatown vancouver | development in Vancouver | development next to Harrison Hot Springs Hotel | Dion Phaneuf | Dion Phaneuf at the airport! | Dion Phaneuf hit on Derek Dorsett | Discovery Place Burnaby | Disney World Facebook Scam | divorced real estate vancouver | Diwali Celebration Vancouver Canucks | Do you want to come to Canada | Does Vancouver real estate sell better in good weather? | Dog in snow Vancouver | Dog in Vancouver snow | Dog playing in snow Vancouver | don't use a realtor | Donald | Donald Trump | Donald Trump & Vancouver real estate | Donald Trump Goes Crazy!!! | Donald Trump in Vancouver | Donald Trump leaving Canada from USA | Donald Trump orders Chinese Food | Donald Trump says 9/11 is 7/11!!!! | Donald Trump shook the Japanese Prime Minister's hand for 19 seconds | Donald Trump TELLS Christie "Go Home!" | Donald Trump vs Justin Trudeau | Donald Trump will hit home here in Canada | Donald Trump's new Twitter tirade against Megyn Kelly | Don’t Like Trump? | Douglas Todd: Housing emergency is Metro’s worst crisis since WWII | Downtown Eastside jail converted into affordable housing | Downtown NW, New Westminster Real Estate | Downtown Vancouver church plans to build 56-storey highrise | Downtown VE, Vancouver East Real Estate | Downtown VW, Vancouver West Real Estate | Dr. Landlord: The misunderstood cap (capitalization) rate | Dragons den | DRAI’S POOL BAR NIGHTCLUB TO OPEN AT TRUMP VANCOUVER HOTEL | drum solo at the top of Trump Tower Vancouver | DTES jail affordable housing | Dubai Hotel Fire | DUBAI: The Greatest City On Earth | Dwayne the Rock Johnson Vancouver | eagle with gopro burrard bridge | Eagle with gopro vancouver | Eagle with GoPro! | eagles at Hastings Park | eagles nest vancouver east | Eagles' nest Vancouver East | Earnest Ice Cream To Launch New Store & Commissary Off Clark Dr | Earnest ice cream Vancouver | earthquake Vancouver | east | East Hastings goes boom | East Hastings goes boom: Long-neglected strip shifting from industrial to residential | East Hastings Houses & Condos | East Hastings west of Clark Drive poised for major transformation | east van | East Van dog barking at Canuck the Crow | East Van dogs | East Van goes the Shop Wrong way | east van homes | east van house | east van house for sale | east van houses | east van houses and condos | east van rules | east vancouver | East Vancouver barbershop | East Vancouver condos | East Vancouver houses | East Vancouver is open for business, with eager realtors amassing | East Vancouver looks for a way to protect heritage properties | East Vancouver’s McGill Grocery is home to an unusual art exhibit | east village | East Village an Vancouver exercise in rebranding | East Village Hastings | East Village Van | East Village Vancouver | East Village Vancouver houses | East Village Vancouver, Stratchona Village Houses & Condos | East-side Vancouver homes surging in value | Easter Vancouver 2017 | Eastside Culture Crawl | Economist Michael Hudson in downtown Vancouver | Economist pleased to see measures he proposed included in B.C. speculation tax | Eddie Lack traded | Eight Steps to Closing the Purchase of Your New Home | electra | Elsie Roy | elsie roy elementary school | Emerson Etem Vancouver Canucks fight NYI | emery barnes park | Empty Homes Tax | Empty Homes Tax City of Vancouver | Empty Lot at Beach Avenue Vancouver | Empty Mall in China | EMPTY MALL in CHINA like the US Pentagon!! | Empty pool swimming alone no sharks | english bay | English Bay Condos Vancouver | English Bay Stand-up Paddle Boards & Kayaks | Epic at West Condos Vancouver | Epic at West Olympic Village condo | Epic at West Vancouver condo | Epic condos Vancouver | EPIC VIDEO SHOWCASING SUPER, NATURAL BRITISH COLUMBIA LAUNCHES NEW DESTINATION BC TOURISM PLAN | Escala at Brentwood Burnaby | escala presale | escala presale condo | Escaped fugitives caught by friend's wife!! | espana vancouver | Everything you ever wanted to know but were afraid to ask about SUBJECT CONDITIONS in Real Estate Agreements | Everything you need to know about BC's Speculation and Vacancy Tax | Evicted East Vancouver families call for restrictions on 'renovictions' | Evolve condos | Evolve condos $94,000 | evolve condos surrey | EVOLVE: A NEW KIND OF HIGH-RISE STARTING AT $93,900 | Exactly how unaffordable are Metro Vancouver’s detached homes? | Exhibition Features 445 Vintage Photobooth Portraits From A Single Unknown Man | Existing home sales in Metro Vancouver fell almost 40 per cent | Experts calling for more data on foreign investment in Canadian real estate | expo 86 macdonalds | Extraordinary new condo towers aim to give Vancouver the 'Wow!' factor | F as in Frank | Fairmont condos vancouver | Fairmont Hotel Vancouver | fairview | Fairview & VGH condos | Fairview condos | Fairview Condos on Broadway Street | fairview condos vancouver | Fairview condos Vancouver http://vancouversutton.com | Fairview Condos, Granville Condos Vancouver | Fairview Slopes Condos | Fairview Slopes Vancouver, Fairview Condos, Granville Street Condos Vancouver | Fairview Slopes Vancouver, Fairview Condos, Granville Street Condos. | Fairview VW, Vancouver West Real Estate | fake disney free-trip scams | False Creek Flats | False Creek Residents May Get Their Green Space Afterall | False Creek South leases on City land | family feud | Family Feud man says, KILL YOU and apoligizes | Family of bears play in backyard pool, make little girl cry | fast food condos | Fast Food Condos--MacCondo Coming to a City Near You? | fast food conds vancouver | Fast-Food Condos Vancouver | February 2015 Housing Market Update | February 2015 Housing Market Update - The Real Estate Board of Greater Vancouver | February real estate Vancouver | February Vancouver real estate | Feng Shui selling your vancouver home condo | Feng Shui Vancouver | Feng Shui: Fad or Selling Tool for homeowners Vancouver | FIFA Women's World Cup Soccer Parade Vancouver | Fighting for a Vancouver that Puts People First | figuring out tax for vancouver real estate | find chinese buyers vancouver | Find Out How To Sell Your Property in Vancouver for More Money in Less Time. | Find your water or sewer connection | Findings in China | findthebest.com | fire at vancouver hotel | Fireworks Vancouver English Bay | First Baptist Church in downtown Vancouver is working with Westbank Projects | First new rental housing in Coquitlam set to break ground | First strata wind-up without unanimous vote goes to court | First strata wind-up without unanimous vote goes to court Vancouver | First Time Buyer Advice | first time buyer mortgage | First Time Buyers Vancouver | First Time Home Buyers' Exemption Amounts | first-time buyer tax | First-Time Home Buyer's Guide to Making an Offer | Flipping Houses | flipping real estate Vancouver | Flipping Vancouver homes proves profitable | flipping vancouver houses | Flower Tree In English Bay Will Be So Awesome | For conventional deals, most lenders will request an appraisal. | for sale by owner | Foreign buyer may abandon Vancouver bid, gamble it's cheaper than tax | foreign buyer tax | Foreign Buyer Tax & Vancouver Real Estate | Foreign Buyer Tax and Vancouver Presales | Foreign buyers of B.C. real estate now looking for cheaper properties | Foreign buyers snatch Vancouver land with no immediate plan to develop | Foreign buyers still investing in Metro Vancouver real estate despite B.C. tax | foreign buyers vancouver | Foreign buyers' interest in Metro Vancouver housing levelling off | Foreign buying of Vancouver real estate—beware the siren call of sovereignty | Foreign demand for real estate shifting from Vancouver to Toronto | Foreign investors avoid taxes through Canadian real estate | Foreign investors avoid taxes through Vancouver real estate | Foreign purchases of Metro Vancouver homes plunge | Former hedge fund owner short-selling Vancouver to save housing market | Four more Metro Vancouver gas stations hit the bidding block | Four stations could be added to SkyTrain Canada Line | framework condos chinatown | Framework—A Bold New Condo Development in Vancouver’s Chinatown. | Fraser River Tugboats | Fraserview condo, townhouse and penthouse | Fraserview VE, Vancouver East Real Estate | Free admission into The Fair at the PNE this weekend | free credit check canada | free credit check vancouver | Free Outdoor Movies at Canada Place 2015 schedule | free real estate workshops vancouver | FREE things to do in Vancouver this summer | free wife vancouver | Freehold Ownership | Fresh warning bells sounded over Vancouver's hot housing market | friendly crow | fright night fridays vancouver | fright night playland | fright night pne | fright night vancouver | Fright Nights returns with new rides and haunted houses | Frozen Car released Lake Erie | Frozen Ice Palace | fsbo | Full surveillance video of Hitchbot Attack | Fuller House | Fuller House Netflix | Gables Estate Won't Sell, Slices $1.82M Off The List Price | Gabriola House, Historic Vancouver Property, For Sale | Garage Water St Gastown | Gardenia Villa Nanaimo & Hastings | Garibaldi hike waterfall | Garibaldi Lake hike | Gas prices leap 9 cents overnight vancouver | Gas stations an endangered species in downtown Vancouver | gast | gastown | gastown building next to steamworks | Gastown Clock and Gastown Condos | gastown condo | Gastown condos | Gastown Condos Vancouver | Gastown Condos Vancouver, terminus, Bowman Lofts, Woodwards Condos | Gastown Condos, Gastown Vancouver Condos, Water Street Condos | Gastown Condos, Gastown Vancouver Condos, Water Street Condos, Woodwards Condos | gastown development next to train station and skytrain | Gastown Grand Prix Bicycle Race | Gastown loft condos | gastown tower | Gastown: Vancouver’s ever-changing tourist haven | George Affleck says city's operating budget outpacing inflation | george clooney | George Clooney gets hit by piano | George Ross, Donald Trump's Right-Hand Man: Canadian Real Estate Undervalued | George the Goldfish | Georgia Street Condos, Coal Harbour condos, West End Vancouver Condos | Georgia Via | Georgia viaduct | Georgia viaduct closure | Georgia Viaduct Condos, Dunsmuir Viaduct Condos, Vancouver Viaduct Bike Lanes | Gesamtkunstwerk 1460 Howe St | Get Out Of Vancouver Real Estate, Now | getting Chinese buyers for your home | getting ready to buy a home | getting rid of a vacation timeshare | getting to and from yvr vancouver airport | girls | Girls in Vancouver | Gold house condos | Gold House Metrotown | Gold House Metrotown Presale Condos | Gold House presale condos | Goldfish Gets Brain Tumor Removed, Will Just Keep Swimming For Years To Come | Good Man with BAD EYE on JUDGE JUDY! | good place to invest money Vancouver | Google Street View with Vancouver Property Listings | Gordon Nelson Inc. | Grabovski CHEAP HIT on Henrik Sedin | Grandview VE, Vancouver East Real Estate | Grandview Woodlands Community Plan | Grandview-Woodland plan merging development with Commercial Drive character | Gray whale spotted near Stanley Park for second consecutive day | Great Northern Way Condos Vancouver | Greater Vancouver condo prices rise | Greater Vancouver home sales prices expected to keep falling this year | Greater Vancouver Pre-Sale Real Estate Sees An Unexpected Rise In Units For Sale | Gregor & vancouver refugees | Gregor Robertson | gregor robertson donations | grey whale | Grey whale spotted near Stanley Park | Grey whale swims incredibly close to Stanley Park seawall | grey whale vancouver | grey whales spotted in Vancouver | Guess the asking price of these homes for sale in Vancouver | gwerk.ca | Halloween Events Across Metro Vancouver {2018 edition} | Halloween treats: 15 easy, no-bake ideas your kids will love! | Halloween Vancouver East Trinity Street | Hamilton Tiger Cats | Harris by the Lake at Harrison Hot Springs | harrison | harrison condos | harrison hot springs condos | harrison hot springs presale condos | Harrison Hot Springs Water Park | Harrison Water Park | Has the B.C. Budget frozen Vancouver real estate? | Has Vancouver real estate reached its peak? | Has Vancouver’s Real Estate Bubble Just Popped? | Has your home been fraudulently overpriced? | hastings | hastings condos | hastings east | Hastings east condos | hastings east houses | Hastings East houses Trinity Street | Hastings east vancouver | Hastings East Village | Hastings East, Vancouver East Real Estate | Hastings Park 'master plan' adopted | Hastings Park Sanctuary | Hastings Park Sanctuary destination walk | Hastings Park Winter Farmers Market | Hastings Race Track Vancouver East | Hastings Racecourse | Hastings Racecourse Opening Day | Hastings Racecourse set to open season in soggy conditions | Hastings Racecourse Square Dancer Victory Vancouver East | Hastings Racecourse Winner's Circle Vancouver East | Hastings Racecourse: Opening Weekend | Hastings Racetrack Opening Day Sunday, April 23 | Hastings Street Construction Vancouver | Hastings Village Condos | Hastings Village Condos Vancouver | Hastings Village Houses & Condos Vancouver | Hastings Village, Strathcona Village | Hastings, Vancouver East Real Estate | Hastings-Sunrise Neighbourhood Guide | HAVE YOU GOT GINCH, VANCOUVER? | Hazards involved in selling home on your own | hedge city vancouver | Heimlich manoeuvre or Heimlich maneuver | helmcken and richards street condo | Help! My Strata Wants to Sell My Building From Under Me | henrik sedin | Henry Hudson Elementary | Here's The List Of 16 Celebrities Who Will Be Leaving The United States Today | Here's What $1 Million Buys You In Real Estate These Days | Here's What Happens When Wall Street Builds A Rental Empire | Here's what kind of home $508K gets you in the Lower Mainland | Here’s why Vancouver’s property tax on foreigners won’t work | herons in Stanley Park | hidden mansion new york | HIGHLIGHTS: BC 28, HAMILTON 3 | Hikes Near Vancouver | hillary clinton | Hiring the right Realtor is an important first step in today’s real estate market | Historic Vancouver mission falls victim to city's real estate boom | Hitchbot | Hitchbot Attack | Hitchbot Philadelphia | home away art pne | Home buyer demand stays below historical averages in August | Home gutted by fire in 2013, but owners still fighting Johnson Insurance over contents value | Home insurance dispute over value of contents follows Christmas fire | Home Ownership For Less than you Rent | Home Ownership Types in BC | Home price gains in Toronto, Vancouver spilling over to nearby regions | Home sale and listing activity continue to chart a steady path for the region’s housing market | Home sales down, listings up across Metro Vancouver | Home security cameras: Invasion of neighbours' privacy? | Home seller supply grows as demand declines | Home value killers | homebuyers include rental income | Homeowner who rented out house while she travelled abroad finds it 'trashed' by tenants on return | Homes under $1 million in Vancouver are virtually extinct | Hootsuite job fair | Hootsuite job fair Vancouver | Hop Circuit returns to East Van with free brewery tours and beer and spirit tastings for all | Horse racing opens at Hastings Park | Horseshoe Bay-Langdale bridge | Hostility toward rich, Chinese newcomers | Hot tub trespassers caught on Kelowna security camera having sex | hot wheels | house sells for $567K | House with View for Sale Hastings East Vancouver | Houses for sale Vancouver East Burnaby North Vancouver Heights Capitol Hill | houses near barnet marine park | houses near pne | Housing Barometer: Recovery Staggers Forward | Housing Crisis Real Estate Real Estate Homebuyers Financial Education Money News | housing in Vancouver | housing markets of Metro Vancouver | Housing moves into job-centric False Creek Flats | Housing pain could halt stocks’ gain | Housing policy is being created for the whole country based on markets in Toronto and Vancouver | Housing supply up, demand down across Metro Vancouver | How Chinese gangs are laundering drug money through Vancouver real estate | How do Vancouverites pay more for housing than they earn? | How I Sold My Home in 2 Days | How Much Condo You Can Get For $1 Million In These Cities | how much down payment Vancouver condo | how much money do you need to live in Vancouver | How much money do you save on housing by moving to the 'burbs? | How the interest rate cut will affect your mortgage | How the interest rate cut will affect your mortgage in Vancouver | How the Liberal win will affect interest rates, taxes and real estate | How to Avoid Key Risks when Buying a Condo | How to Buy a Condo Vancouver | How to Buy a Home Before It's Built: Pre-Sale Tips | How to check your credit report for free | How To Live In Vancouver For Cheap The Huffington Post B.C. | how to move | How to Move to Canada | How to move to Canada and become a Canadian citizen | How to Move to Canada from Donald Trump | How to park your Porsche in Vancouver | How To Spot a 'Free Ticket to Disney World' Facebook Scam | How to submit your Empty Homes Tax declaration | How to turn off the iOS 9 feature that could eat up your data | How to WIN bidding WAR Vancouver real estate | How to win POWERBALL lottery in CANADA | how trudeau will affect real estate vancouver | How would Vancouver’s housing bubble burst? Look to China | HQ Vancouver’s ‘success stories’ suspect | http://instagram.com/hutchydave/ | http://www.riverdistrict.ca | Huawei executive arrest could impact Vancouver real estate prices | Hurricane Ignacio remnants to hit B.C. on Tuesday | Hurricane Vancouver | Hymen Maneuver | hys encore mansion for sale | I Can't Believe This Judge Judy! | if The Donald is elected – we have the perfect Canadian home for you | If you own an iPhone 6 or later that isn't holding its charge, now is the time to get your battery replaced | Ignacio was a Category 4 hurricane | Image Developments | Immigrate to Canada Live in Canada, no Donald Trump | Immigrating from USA to Canada | immigration to Canada because of Donald Trump | Impact of Americans to Vancouver real estate because of Donald Trump | in and out burger | In Canada's housing slowdown, Vancouver proves to be the weakest link | In one of West Vancouver’s nicest neighbourhoods, nobody’s home except dust bunnies and raccoons | In the housing crisis, Vancouver is not alone – and London offers hope | In-N-Out Burger in Metro Vancouver for one day | InnVest | Insane crow encounter in Vancouver caught on video | Inside of Sawmill Vancouver | inside telus vancouver | Inside the Sanctuary at Hastings Park (PNE) Momiji Gardens | Insurers increasingly turning away from the condo sector | Interactive 3D Tours the Latest in Real Estate Marketing | interactive map below to find the best Christmas lights in Metro Vancouver. | Interactive map: The best Christmas lights in Metro Vancouver | international village condos | International Village Condos Vancouver | International Village Vancouver | invest in vancouver | Investing in strata windups How to profit from strata assembly | investors avoid taxes | Ironworks | ironworks building | ironworks commercial space for lease | Ironworks commercial space for sale | Ironworks development Vancouver East | ironworks east vancouver | ironworks east village | Ironworks on Franklin Street | ironworks on Victoria Drive Vancouver | Is BCREA correct that Vancouver real estate downturn is over, and it's rebounding...? | Is Canadian Real Estate in trouble, Vancouver real estate bubble and China's real-estate bubble | Is it time to Rent or Buy in Vancouver, or British Columbia? | Is Juwai full of snow? Vancouver real estate and B.C. budget | Is Metro Vancouver's housing bubble going to burst? | Is real estate foreign buyers tax the 15 per cent solution? | Is the Metro Vancouver real estate market in free fall? | is vancouver a good place to live? | Is Vancouver detached house market as quiet as the mountain snow? | Is Vancouver due for a home price correction in 2016? | Is Vancouver’s Real Estate Market Crashing? | islands for sale in british columbia | Italian Day on The Drive About Italian Day | Italian Days Vancouver | Italian Days Vancouver East | It’s a waiting game for single condo buyers | It’s Never Been This Expensive To Own A Single-Family Home In Canada: RBC | Jack Dishel | Jake Virtanen hit on Roman Polak | Jake Virtanen vs Forsberg fight | Japan Lantern Festival Akita | jazz fest vancouver | Jeep stuck in sand in Richmond | Jen Reviews | jenga tower vancouver | jericho lands | jericho lands for sale | Jerry Bance | Jerry Bance, Conservative caught peeing in mug, no longer candidate, party says | Jim Pattison Developments | Jim Szabo, CBRE | jim treliving | Jim Treliving Dragons Den BALLISTIC!!! | Jimmy Fallon & NHL Players | Jimmy Fallon sings Vancouver Restaurant! | Jimmy Fallon Vancouver | John Horgan | John Horgan announces how B.C. NDP will pay for its platform | john malkovich | John Muto | Johnny Manziel Vegas Club with Drake | JON BON JOVI IN STANLEY PARK | JON BON JOVI IN Vancouver | Jon Bon Jovi; city says promoter didn't get permits | JR hockey player fight with referee arrested | Judge Judy | Judge orders Vancouver strata to impose $16 million levy to repair leaky condo problems | Judge rules Vancouver West End condo assembly can be sold off despite holdout owners' protests | Judy Judy | Jug Island Hiking Vancouver | July 2014 Real Estate Board of Greater Vancouver Statistics and Graphs | justin trudeau falls down stairs | juwai | juwai vancouver | Juwai.com is one of the largest Chinese international property search sites | Kadri gives Giordano Throat-Slash Gesture! | kalishnikov | KANYE YEEZY BOOST 350 sale | Keefer Street condos | keefer street vancouver | Kelowna to Vancouver, Vancouver to Kelowna | Ken Lum | Kensington Gardens | Kensington Gardens is truly the first of its kind in the growing Kensington-Cedar Cottage community on Kingsway. | Kentwell on Coquitlam’s Burke Mountain | Kerrisdale residents outraged front yard tree cut down | Kerry Jang Vancouver | Killarney VE, Vancouver East Real Estate | Killer Whale Research Aided By Drones | Kim Kardashian Just Had To Snapchat Her Pregnancy Scare 30,000 Feet In The Air | Kinder Morgan | King Edward Green Townhouses | King Edward Village Condo for sale Vancouver East | King Edward Village Condo for Vancouver East | King Edward Village Evening Walk Vancouver East | King Edward Village Vancouver East condo for sale | king of real estate | king of real estate vancouver | Kingsgate mall Vancouver | kits condos | kitsilano | Kitsilano & West End condos | kitsilano apartment building for sale | Kitsilano Condo | Kitsilano Condos | Kitsilano condos & townhouses, http://vancouversutton.com | Kitsilano condos Kitsilano | Kitsilano condos. Kitsilano townhouses | Kitsilano condos. Kitsilano townhouses, 2424 Cypress Street Vancouver | Kitsilano condos. Kitsilano townhouses, Kitsilano penthouses, condos in Kitsilano. | Kitsilano condos. Kitsilano townhouses. | Kitsilano houses | Kitsilano houses Kitsilano condos | Kitsilano Houses. Kitsilano Houses for sale. | Kitsilano Showboat | kitsilano towhnouse | Kitsilano townhouse | kitsilano townhouses | Kitsilano, Vancouver West Real Estate | Knight, Vancouver East Real Estate | Kourtney Kardashian and Scott Disick Sell Their Stylish $3M Home | LA Kings | Ladder to nowhere erected over Vancouver street | Lance Bouma knocks 3 Canucks out | Lance Coulson, senior vice-president of CBRE | Land Assemblies Vancouver | Land Assembly Coquitlam | land prices in vancouver | land value vancouver | Land values continue to soar as Lower Mainland densifies | landcor data | landmark 33 vancouver | laneway houses vancouver | laneway houses vancouver taxes | Langley road rage | las vegas fire | Lawsuits take Shangri-La developers | leaky condo | leaky condo crisis | Leasehold | Leasehold: Own a Home (But Not the Land It's On) | leaseholds vancouver | Leave Donald Trump for Canada | leaving usa because Donald Trump | Legg mansion | Leonardo DiCaprio In Vancouver: Star Coming To Film 'The Revenant' | Liberals attack NDP’s platform | License plate hiding scheme used by man to escape Surrey tolls | Light Water Drums Festival 2015 | LightWaterDrums Festival 2015 | LINEUP FOR $10 BAG VINTAGE CLOTHING SALE STRETCHES 5 BLOCKS | lions gate | lions gate bridge | Lions Gate Bridge bump | Lions Gate bridge bus schedule | Listing your property in Greater Vancouver & BC | Live free for a year Edmonds | live-work condos vancouver | live-work space vancouver | live-work vancouver | liveatoxford.com | lofts vancouver | Lofty sales in Gastown? | Lost footage shows Ironworkers on eve of collapse | Lougheed Heights condos Coquitlam | Lougheed Heights in West Coquitlam. | Lougheed presale condos | Low cap rate purchase could mean future trouble | Low supply continues to limit Metro Vancouver home buyers | LUCIC SUCKER PUNCHES Kevin Connauton | Lucy Mae Brown Park | lululemon beer | Lululemon-branded beer hits store shelves this summer | lumber mills Vancouver | lunar eclipse | lunar eclipse Vancouver | luxury homes | Luxury hotel in downtown Vancouver converted to house international students | Macaulay Culkin | Macaulay Culkin comeback | Macaulay Culkin uber christmas | Maddox Vancouver | Main Street Massacre video game set on Vancouver's SkyTrain | main street skytrain video game | mainland china Vancouver | Mainland Chinese buyers | mainland chinese buyers vancouver | maintenance fees vancouver | Major candidates for Vancouver mayor short on new ideas for housing woes | Make a Condo Your First Home | make your home look more expensive | making old condos into new buildings | Man choked in downtown Vancouver road rage incident | Man drives with suspended licence to get ice cream | man drops down 3 waterfalls and survives | Man steals snake in pants! | Manning Park Lightning Lakes British Columbia | Many young professionals leaving Vancouver over high cost of housing | Map: 72 patios in Vancouver open until 1 a.m. (COMPLETE LIST) | Maple Leaf fans charged, banned after jerseys tossed onto ice | Marc Cohodes | Marc Methot BIG HIT on Marco Scandella | Marc Rubio Vancouver | Marc Rubio Vancouver Ad | Marcel Hirscher | March home sales slow in Metro Vancouver but prices stay high: real estate board | Marco Kozlowski | Marijuana found growing in Vancouver traffic circle | Marijuana growing in Vancouver | marinaside | Marinaside Condos & Yaletown Condos | marinaside condos vancouver | Marine Way – River District | Marketing your home in Greater Vancouver & BC | Marquise condos Cambie corridor Vancouver | Marvel's Deadpool trailer released featuring Georgia Viaduct | Mary Cleaver | Massive Christmas Market with light maze planned for Olympic Village | Massive Vancouver wind storm knocks out power to thousands | Mayor Robertson wants Vancouver to become a sanctuary for Syrian refugees | Mayweather vs McGregor Vancouver | McBarge | McBarge Vancouver | McDonald's: Here's what a McRib is really made of | McGill Grocery Vancouver, Hastings Village, Vancouver East Houses | MEC to open new Vancouver flagship store at Olympic Village | Melford Estates Limited | mercedes car2go | Meridian by Townline in the centre of Burquitlam | Metro Vancouver downgrades water restrictions to Stage 2 level | Metro Vancouver home buyers favour detached homes in suburbs, condos in tony urban areas | Metro Vancouver home price decline will bottom in 2019, then reverse: forecasters | Metro Vancouver home prices will fall by up to 20% in 2017 | METRO VANCOUVER MARKET HIGHLIGHTS YEAR-END 2018 | DECEMBER 2018 | Metro Vancouver real estate deals caught by tax deadline | Metro Vancouver real estate sales fall almost 20 per cent in July | Metro Vancouver water restrictions | Metro Vancouver’s most expensive detached housing markets, it has been a spectacular success | Metrotown presale condos | Michael Moore at Trump Tower | Michelin Chef Brings Hot New Restaurant to Vancouver | michelin restaurant gastown | michelin restaurant vancouver | Midori Burnaby Condos | Mike Myers voting | Mikhail Grabovski | milan lucic | Milano Burnaby condo | Milano condos brentwood presales | milano presale | Milano presale condos burnaby | Million Dollar Listing | minn | Minnesota Vikings | minnesota wild | MLA David Eby cancels public meeting after B.C. Liberals and real-estate agents organize protest | Mob fury after rental car allegedly hit Vancouver Zombie Walk participant | Modello | Modello at Central Park | Modello Burnaby | Modello by Boffo | MODERN by Amacon, 1001 Harwood Street Vancouver, Presales on Harwood Street | Modern, arc-shaped tower with skybridge proposed for Vancouver | Momiji Japanese Garden | Money-laundering in Vancouver real estate, drugs and casinos | MONSTER JAM Vancouver East PNE | Monument Kitsilano – Prices, Availability, Plans | More foreigners bought real estate in Metro Vancouver | More supply and less demand seen across Metro Vancouver housing market | More Than Cashflow: The Real Risks and Rewards of Profitable Real Estate Investing | morrison honoured | mortgage rates | mortgage wars vancouver | mossy Vancouver West End | Most Expensive House in Vancouver | Most Expensive Houses In Vancouver | most haunted places in Vancouver | Most Vancouver houses sold for below assessed value in February | Mount Pleasant | mount pleasant condos | Mount Pleasant Condos Vancouver | Mount Pleasant condos, http://vancouversutton.com | Mount Pleasant Condos, Kingsway condos Vancouver, Main Street Condos Vancouver | Mount Pleasant condos, Main Street condos, Kingsway Condos Vancouver | Mount Pleasant Neighbourhood Guide | Mount Pleasant VE, Vancouver East Real Estate | Mount Seymour | Mount Seymour hike view | Mount Seymour hiking | Mount Seymour skiiing | Mount Seymour snowshoeing | Mount Seymour Waterfalls | Mountain View Cemetery | move to Canada from Britain | movies in vancouver | moving Kelowna to Vancouver, Vancouver to Kelowna | moving to Vancouver | Muhammad ali | Mulcair and Trudeau fight | mulcair healthcare joke | Multi-family capitalization rates Cap rates reflect a complex formula | Multiple shooters reported in Canada attack | murder of City of Vancouver employee | My Midlife Crisis: I Bought a Teeny Weeny Trailer to Travel the U.S. | Myanmar hot air balloon sunrise | Mystery Canadian hotel buyer potentially tied to China’s Anbang, report says | Nanaimo real estate expert urges investors to be realistic in their expectations | NASA ponders airship city above Venus | Nashville | nashville predators | naslund honoured | Naslund, Bertuzzi, & Morrison press conference | Naslund, Bertuzzi, and Morrison | Nat Bailey Stadium & Vancouver Canadians Fireworks | Nathaniel Rateliff & The Night Sweats | National Bank is predicting home prices in Vancouver will fall as much as 20 per cent | NBA All Star Game | Near collapse in foreign buying of Metro Vancouver real estate | need a little extra help getting to the 5% minimum. | neighborhoods in vancouver | neighbourhoods in vancouver | Neil Patrick Harris in Vancouver | Neil Patrick Harris is still looking for ‘awesome’ place to live in Vancouver | nespresso | netflix | netflix and chill | Netflix for September 2015 | netflix october | netflix this october canada | New Amazon facility in Vancouver adds pressure to strained housing market | New B.C. property tax for foreign buyers hurts province, say insiders | New Brighton Park Festival Vancouver | New Brighton Park Houses, Burrard View Park, Hastings Village Houses, Strathcona Village Houses | New Brighton Park Vancouver, Burrard View Park Vancouver | New Brighton Pool | new CMHC mortgage rules | New CMHC rules | New CMHC rules make it easier for some homebuyers to include rental income in mortgage application | NEW Coal Harbour WATER PARK!! | New Earnest ice cream Vancouver East | NEW HOME DEVELOPMENTS Vancouver | New indoor Christmas festival coming to Vancouver's PNE Forum | New major city park planned for Smithe and Richards streets | New models of 888 West Broadway, slated to replace the Park Inn | New mortgage rate war | New mortgage rate war looms as BMO cuts 5-year below 3% | New Mortgage rules & the Vancouver real estate market | New Mortgage Rules for Home Purchases over $500,000 | New Mortgage Rules Vancouver | New Oakridge Town Centre | New office building on Cordova Street | NEW ORLEANS Oyster PARTY! | New park at Smithe and Richards | new tax assessments Vancouver | New tool gives B.C. home consumers more access to data | New Vancouver condo tower knocking out beloved neighbourhood tree | New Vancouver Masonic Centre will include 18-storey apartment tower | New wave of real estate developers hit the Vancouver scene | New Wealth Seeks a “Home”: The Rise of the Hedge City | new york $100-million | New York homes for sale | new york mansion | New York Real Estate | New York Settles With McDonald's Restaurants In Wage Theft Investigation | New-home presales plummet in Lower Mainland Vancouver projects are seeing even slower absorption than rest of region | nfl highlights | Nikkei Centre | No deal in teachers' dispute | no money down mortgages vancouver | No more skipping 4, 13, 14, 24 in Vancouver floor numbers | no pants skytrain | No Pants SkyTrain ride Vancouver | NO Tower commercial drive | no vancouver water | No weekend Vancouver gig for Jon Bon Jovi; city says promoter didn't get permits | No-money-down mortgages are | Nomad Micro Home Is Easier To Assemble Than That IKEA Dresser From College | non-residents who receive rental income | Nordstrom | Nordstrom Vancouver Pacific Centre store opens Sept. 18 | Nordstrom Vancouver store | North America's Costliest City, Rich Chinese Take the Blame | North Pender Island home to be auctioned for charity | north vancouver slide | North Vancouver waterfall hike | Northwest by Onni — A New Presale Condo at Cambie & Marine | Norwegian Bliss World's Largest Cruise Ship in Vancouver | NY Jets vs Dallas Cowboys (Dec. 19, 2015) | Oahu's Most Expensive Homes Show The Jaw-Dropping Price Of Living In Paradise | Old condos eyed as lucrative new development option | Olivier Marcotte | olympic | olympic village | Olympic Village Christmas market | Olympic Village Condos Vancouver | Olympic Village Condos Vancouver, Wall Centre Olympic Village | Olympic Village Condos, Pinnacle Development Vancouver, Wall Centre Condos | olympic village vancouver | one burrard | One Burrard Place | One Burrard Place amenities | one burrard place condos | one burrard place presale | One of Canada's largest mortgage lenders just imploded | One of the Most Beautiful City in the World - Vancouver BC | One Pacific | One Pacific Concord Condos | One Pacific Concord Vancouver | One Pacific Resales Flood the Market | One Pacific Vancouver | One Town Centre | One WestJet flight attendant | one-zone bus fares beginning October 5 | One-zone bus fares introduced in Metro Vancouver | one-zone bus fares Vancouver | one-zone fares vancouver | Online shopping has finally hit the real estate market | onni | Onni Group | Onni Group Howe Street | open house vancouver | Opening | OPENING SOON | Sweet! Earnest Ice Cream To Launch New Store & Commissary Off Clark Dr | Oppenheimer Park Protest | Oppenheimer Park Protest Vancouver | Orca whales spotted in Vancouver's Burrard Inlet | Owen Wilson In Vancouver Biking, Waving To The Ladies | Oxford Condos Vancouver | Oxford East Vancouver condos | Oxford on Hastings | Oxford's new project The Stack will be downtown Vancouver's tallest office tower. | Pacific Centre cops & threaten to kill | Pacific Point Condos on Homer St | Pacific Point Condos on Homer St, Vancouver. 1331 Homer Street, 1323 Homer St, 431 Pacific St. | Parallel 49 Brewery Vancouver | patios in Vancouver open until 1 a.m. | Patrick Condon says if he's elected mayor of Vancouver, his goal will be 50 percent nonmarket housing | Paul Eviston | Pawn Stars | Pawn Stars & Chum Lee | pay tax on the capital gain incurred on our principal residence | Pay Vancouver Rent by Credit Card | Penny Daflos CTV Vancouver Real Estate from Hot to Cold | Penthouse condo in Vancouver for sale | People either love or hate this Point Grey home | People's Choice Award | People's Choice Awards gets bombed! | Pepper spray contaminates multiple floors in Vancouver highrise | Peter mansbridge | Petition Calls For Crackdown On Foreign Investment In GTA Real Estate | Phoenix Coyotes | Pilot Captures Crazy-Surreal Photo Series By Basically Just Sticking His Camera Out The Cockpit | Pittsburgh Penguins | places to watch Vancouver fireworks | Plan to scrap Vancouver viaducts sparks traffic concern | Playland adds three new rides this season | Plunging foreign investment in Vancouver real estate 'the impact we wanted': B.C. premier | PNE | pne art | PNE events | PNE fire water drum festival | PNE free passes | pne houses | PNE Momiji Japanese Garden | PNE Prize Home | PNE Summer Night Concerts | PNE Vancouver | PNE Vancouver East | Point grey house | Point Grey Luxury House for sale | Point Grey View House for sale | Point Grey, Vancouver West Real Estate | Pokémon GO Vancouver Get Up and Go! | Pokemon GO Vancouver locations you need to get to right now | PokemonGo Vancouver | Police release photo of person of interest in Stanley Park attempted abduction | Police shooting, car fire, shut down Hastings and Cassiar | Police Shot Michigan Creek! | Police wouldn't help evict former owner, homebuyer says | political lawn signs vancouver | Port Coquitlam residents may lose homes over leaky condo crisis | port metro vancouver fire | port moody condos | port moody houses | Possible Vancouver housing market corrections | Pot Vending Machine Debuts In Vancouver | Potvin calls Sedin a low-life on TV | Powell Street Overpass Vancouver | powerball lottery | powerful Pacific hurricane | Pre Sale Condo Assignments in Vancouver – What are They? Are they Safe? | Pregnant Vancouver woman claims she was assaulted by cyclist | pregnant woman pushed by cyclist vancouver | preparation for buying a house | preparing your vancouver condo for sale | Preparing your Vancouver home for sale | presale vancouver | presales vancouver | Prices plunging: Houses selling well below asking, some under $1M | Pricey new college currently under construction is for international students only | Problems that could make your property near worthless | Proposal for 52-Storey Tower at 601 Beach | Proposed tower Commercial Drive | proposed tower on Pendrell Street | Protect yourself from a “leaky condo” | Protesting real estate developments in Vancouver, then and now | Province looks to solve Mount Seymour Park access problems | Province to address “shadow flipping” abuse in real estate transactions | PTT first-time Buyer exemption | Quebec Immigrant Investor Program (QIIP) Accepting New Applications | Quebec junior hockey player arrested | Queen Elsa’s “Frozen” Ice Palace Would Cost Over $7 million | Railtown condos Vancouver | Rajinder Goyal | Rams Fake Out Seahawks for Ultimate Punt Return Touchdown | rat garden commercial drive | Re/Max launches home value estimate tool for B.C. properties | Real Estate $300,000 Can Buy Across Canada | real estate & skytrain | Real estate brokerage data says Vancouver home sale price averages dip below $1-million | Real Estate Council of BC suspends licence of 8th Avenue Elite Realty Ltd. | Real estate developer pitches plan for 50,000 units of affordable housing plan in Toronto, Vancouver | Real estate developers shrug as flood of Chinese cash into Vancouver continues | real estate flipping Vancouver | Real estate for sale to foreigners Thailand | Real Estate for sale Vancouver videos | Real Estate For Sale Videos Vancouver | Real Estate Goes Global | Real estate groups lobby against calls for GTA foreign buyers tax | real estate prices after the foreign buyer tax | real estate seminars vancouver | real estate vancouver training | Real Estate Vancouver YouTube | Real Estate Videos Vancouver | Real estate videos Vancouver East & Vancouver West | Real estate videos Vancouver properties | Real estate website to allow new home purchase online with credit card | real estate workshops | Real Estate: Land Assemblies Vancouver | Realtor says millennials can break into Vancouver’s housing market | Realtor suspended over association with Chinese website | Realtors rush to East Vancouver hoping to parcel land and make big bucks for all | Realtors, lawyers scramble to close deals before 15% tax deadline on Metro Vancouver homes | Reasonable Doubt: Divorcing couples surprised by property division in hot real-estate market | redbrick condos | RedBrick Edmonds Town Centre | Redevelopment likely after $290 million sale of Westin Bayshore Hotel | refugees to Vancouver | Regal Hotel | Regal Hotel Fire Vancouver | REITs vancouver | reliance burrard place | relocating Kelowna to Vancouver, Vancouver to Kelowna | Remembrance Day Coquitlam Vancouver | Renfrew VE, Vancouver East Real Estate | reno | renovation | rent or buy in Vancouver | rent payments rentmoola | rental condo vancouver | Rental income and non-resident tax | rental income in mortgage application | rental scam Vancouver | rentals on pendrell st west end | RentMoola | rents in Vancouver | rents in west end | Reservoir levels spike back to normal after weekend storm | Residential property tax rates Vancouver | Restaurants in Kitsilano | Restricting flow not the right way to deal with Chinese capital | Reverse mortgages | reverse mortgages vancouver | Reverse Mortgages: An Understanding Of The Risks | Reverse mortgages: Easy money or dumb move? | Revolving Condos Vancouver | REW Launches Property and Market Information for Addresses in BC | Richards Street buildings being torn down for The Charleson being torn. | Riley Park house camera | river dis | River District | River District condos | River District Condos & Fraser River | River District condos for sale Vancouver East | River District Kent Avenue condos for sale | River District Presales | River District Presentation Centre | River District Vancouver | River District Vancouver Condos | River District Vancouver – Pricing and Floor Plans Available | River District: The new Vancouver neighbourhood | Rize on Main Street | Road closures during Sunday's Scotiabank Vancouver Half-Marathon | road closures santa claus parade vancouver | road rage global tv | Rob Ford Rehab: Toronto Mayor To Take Break To 'Deal With His Issues' | Robert Kardashian's face tells all after not guilty verdict | Robin Williams' 'Villa of Smiles,' officially hitting market today, earns its name | Robot Gets Hole-In-One | Robson Street | robson street condos | Robson Street Condos Vancouver | Robson Street condos Vancouver, Robson Street shopping | Robson Street Vancouver | rogers arena | Rogers Arena Condos | ROGERS ARENA TOWERS | Role of real estate agents evolving to keep pace with changes in technology | Roundhouse Community Centre | Royal Bank 'closely monitoring' housing markets in Vancouver | Royal LePage says the housing correction has begun and expects prices to fall by 8.5 percent in 2017 | Rushed Burke Mountain land deal cost taxpayers $43M, NDP claims | Russian sanctions have real impact on U.S. real estate market | Ryan Kesler hit Virtanen | Ryan Miller makes Inukshuk Puck Statue!! | ryan reynolds | ryan serhant | Sabres Lehner vs Canadiens Mccaron FIGHT! | Sakurajima Japan Volcano Explosion! | sale of Westin Bayshore | Santa | Santa Claus Parade Vancouver | Sarah Jessica Parker's New York City Brownstone Is Everything | sarah palin | saskatchewan roughriders | Saturday Night Live | sawmill vancouver | SCARY DOLL The BOY in Victoria! | Scott Goldie Creek | Scott Goldie Dam | Scottish Independence Vote | Season's Greetings Vancouver Canucks | Seattle Sea | Seattle Seahawks | Seattle Seahawks vs Minnesota Vikings | Seattle Seahawks vs. Carolina Panthers - Divisional Playoff | Secret police study finds crime networks could have laundered over $1B through Vancouver homes in 2016 | sell your home in an day vancouver | sell your home in vancouver | sell your vancouver home to chinese buyers | Selling a Home in Vancouver | selling assignment of contract vancouver condos | selling churches | Selling Divorced Real Estate Vancouver | selling my old condo | selling old condos | Selling tenanted properties Vancouver | selling vacation timeshare | selling vancouver churches | selling vancouver condo | selling your house in vancouver | selling your own home | selling your own home vancouver | selling your vancouver | selling your vancouver condo | selling your vancouver home | selling your vancouver home by yourself | selling your vancouver house | selling your vancouver property | selling your Vancouver tenanted condo | Seriously, Why Are You Still Renting In Vancouver? | Seymour Estates | Seymour Estates CBRE | seymour mountain | Seymour Mountain Canada snowshoeing | shadow flipping Vancouver | Shangri-la lawsuit | Shangri-La Penthouse | Shangri-La Penthouse For Sale In Vancouver | shangri-la windows | Shark Tank | Shark Tank real estate | shaughnessy | Shaughnessy Condos Vancouver | Shaughnessy houses | Shaughnessy houses vancouver | Shaughnessy Vancouver | Shaughnessy, Vancouver West Real Estate | Shaugnessy Vancouver Houses | Ship Comes into New Brighton Port | Shipping Container Home Stands Up For Maximum Awesomeness | shocking amount of crime on-camera | shopping luxury Vancouver |