Category: General

According to a report from Altus Group, commercial real estate firms are beginning to adopt property technology platforms in ways that promise to change the industry in the near future. The Altus Group CRE Innovation Report surveyed 400 commercial real estate...

A combination of a stronger economy and record-low unemployment numbers propelled Victoria to a robust housing market performance in Q4 2018, according to the most recent Royal LePage House Price Survey. Victoria’s aggregate home price reached $695,793 in the fourth quarter,...

A report from Avison Young Canada Inc. earlier this month indicated that as of 2018, commercial property investment nationwide exceeded the previous high of $36 billion in the year before that to reach a new record – and this momentum is...

CREW has never been shy in its belief that real estate is a business, and that’s not just because of the dollar signs. Real estate involves the same levels of planning, strategizing and execution that undergird every successful business. But according...

When another day of US-dominated news draws to an end, few Canadians are lying in bed thinking, “Boy, things sure look good in America. We should buy some property down there.” But the political funk hanging over the country obscures some...

Something new and special coming to West Santa Monica Blvd in Hollywood! This project features “231 residential units – including 15 units for very-low-income households – above 15,000 square feet of ground-floor retail space and 390 parking spaces in a partially-subterranean...

“Every homeowner in affected areas will get declaration letters between January 18 and February 28, and must apply for exemption or pay up” All homeowners in Speculation and Vacancy Tax regions must complete declaration Every homeowner in affected areas will get...

“Habitat for Humanity intends to build between 40 and 50 units on city land at 1358 Coast Meridian Rd,” according to Vancouver Courier News. Coquitlam affordable housing project creates ‘pathway to home ownership’ An affordable housing project that proponents say creates...

The acme of real estate activity is spring, but getting in early could tender gems for investors. “There’s far less competition from other buyers at this time of year with the financial hangover from the holiday season,” said Vicki Schmidt, broker...

“Canadian mortgage growth will be low if not flat for the ‘foreseeable future'” Canadian Mortgage Growth Will Be Low This Year, CIBC CEO Says Canadian mortgage growth will be low if not flat for the “forseeable future,” CIBC CEO Victor Dodig...

With seniors slated to comprise nearly a quarter of Canada’s population by 2030, real estate that caters to their needs is being touted as one of the most investment-friendly sectors this year. That’s in spite of a somewhat volatile interest rate...

A real estate agent in Ontario recently discovered that two of her clients used cameras and microphones to listen in on the conversations of potential homebuyers. According to CBC News, Hamilton realtor Webster said she only found out about the surveillance...

Yukon Housing Corporation announced the availability of two new homes in Porter Creek. The duplex includes two two-bedroom units that are accessible and energy efficient. Yukon Housing Corporation will own and operate these homes as part of the rent-geared-to-income program, which...

Check out Ovation, a striking tower located in the heart of New Westminster, across from New Westminster skytrain station. Ovation is priced very well for any new development along the skytrain! Contact us now for plans, pricing and availability, and take...

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

“While the stress test and interest rates are often to blame, prices certainly don’t seem to be helping the situation” Toronto Condo Prices Up 10 Per Cent Year-Over-Year Last Quarter 2018 was a rough year for the Toronto real estate market....

Temperature-controlled industrial properties are a little-known, yet superlative, asset class that’s sure to grow in popularity among institutional investors. The facilities are designed to maintain temperatures as low as -29 degrees Celsius, which makes construction expensive and buy-ins prohibitive for many,...

The average condo apartment rental rate in the GTA has grown by 9.3% last year to exceed $2,300, according to Urbanation’s year-end 2018 rental market results released late last week. This marked the greatest rise ever since Urbanation began tracking the...

While Montreal’s housing market is renowned for its relative affordability, especially when compared to powerhouses like Toronto and Vancouver, the city’s luxury segment proved to be no slouch as it boasted of remarkable sales growth last year. Transactions involving single-family properties...

“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.” Young professionals leaving Vancouver over high cost of housing VANCOUVER...

Cold days have you craving some heat? Head out to the recently opened Popeyes Louisiana Kitchen (BC’s first!) at Fremont Village Shopping Centre in Coquitlam to get your fix. It’s been bustling since opening day! Vancouver Is Awesome Popeyes fried chicken...

Check out this 12027 square foot British Properties mansion listed at $18.6M. PHOTOS: This opulent $18.6M West Vancouver mansion is the region’s most expensive new listing This ultra-luxe West Vancouver pad is the region’s priciest new MLS listing of the past...

The fourth quarter of 2018 bore witness to the most significant housing correction in Canada in a decade. That’s according to the Royal LePage House Price Survey, which also notes there was a 4% year-over-year rise in in the national home...

Demand for Canada’s residential property is definitely not slowing down any time soon, but this hunger will be less apparent in Vancouver this year, a new analysis from Altus Group warned. Last year proved to be less than stellar for Vancouver...

Investors in Metro Vancouver are in for a treat this year, as the area’s commercial property market – especially the office segment – is currently the best nationwide. In its analysis, commercial agency Devencore stated that vacancy rates for office space...

Good luck to the young athletes competing for the Duke’s Cup today! We’re proud to support this event, which takes place at the historic Beatty Street Drill Hall, home of the B.C. Regiment. #OnniGivesBack B.C. High School Wrestling: Saturday’s inaugural Duke’s...

Video: Expert B.C. real estate predictions for 2019 Glacier Media’s real estate editorial director Joannah Connolly summarizes market forecasts live on City TV’s BT Vancouver Source...

The federal government announced the completion of recent housing projects in the indigenous community of Webequie First Nation in Ontario. Bob Naulat, MP for Kenora, on behalf of the Jane Philpott, Minister of Indigenous Services, joined Chief Cornelius Wabasse and the...

Home prices in Montreal continued to grow as sales reached new heights last month, according to the Greater Montreal Real Estate Board. The median price of a single-family home in the market increased by 7% on a year-over-year basis in December,...

Rise of the concrete giants: discover designboom’s top 10 towers and skyscrapers of 2018, like DUO towers by Ole Scheeren: https://bit.ly/2SmVBaA #top10 #towers #skyscrapers TOP 10 towers and skyscrapers of 2018   Source...

A Statistics Canada report released in late December revealed that real estate accounted for as much as $8.752 trillion of the nation’s total wealth during Q3 2018. This represented approximately 76% of Canada’s wealth during that quarter, estimated to be at...

Later this week, Ontario will be conducting a lottery to determine the recipients of one of the province’s 25 available cannabis store licences. However, while the set-up might provide the fairest chance for those vying for the coveted spots, independent companies...

“HELOCs feel like easy money — pay it back whenever you can, no rush — but Canadians are getting greedy with them.” How HELOCs And Record Debt Are Threatening A Financial Crisis HELOCs feel like easy money — pay it back...

“Homebuyers and sellers grappled with a new reality of higher interest rates and stricter mortgage rules” Toronto area home sales fall to 10-year low in 2018 as number of listings dip TORONTO — Home sales in Toronto and the surrounding area...

“Speculation taxes, empty homes taxes and school taxes could pile up for some homeowners,” according to this Vancouver Courier News article. Don’t expect big changes in Vancouver’s housing market, except maybe your tax bill What’s going to happen to the housing...

Georgetown One – Another master plan community in the heart of Surrey City Centre. -30-storey residential tower -4,437 sq ft of indoor amenityl space -22,675 sq ft of outdoor amenity space -15,435 sq ft of commercial space -walking distance to SkyTrain...

Calgary might begin offering lower costs for commercial tenants this year due to a significant 32% decline in the downtown area’s office building values in 2019, but observers argued that this would not necessarily lead to improved occupancy. As of the...

Owing to some of the lowest vacancy rates in North America along with a breakneck pace of development and a sustained pace of price growth, B.C.’s industrial market is promising to be one of the best investment destinations in Canada at...

“If you think we’re the only ones experiencing declining sales and prices, think again” Comment: Metro Vancouver just one city in global real estate slowdown If you think we’re the only ones experiencing declining sales and prices, think again Source...

2019 BC Property Assessments are now live at www.rew.ca/insights View your new assessment valuation as well as recent sales in your neighbourhood. Property Insights, Values & Sales History of BC Homes Property Insights provides home buyers and sellers estimated value of...

End-of-2018 data from the Calgary Real Estate Board pointed at a year characterized by unusual weakness. The numbers showed that overall residential sales in 2018 shrunk by 14.5% compared to 2017, a development that was exacerbated by the significant 21% year-over-year...

Start your new year off with a new home or investment in BC’s fastest growing city. The final 3rd tower of Bluesky Properties’ University District is releasing soon and our team has secured exclusive access to VIP units, pricing and incentives....

Access to affordable housing dominated the conversation in British Columbia in 2018, with residents aged 18 to 34 beginning to doubt the ability of elected officials to get a grip on the problem. According to a recent report by local BC...

This year, real estate professionals will increasingly find themselves using online services and apps to facilitate transactions. According to CTV News, the industry will see growing usage of technology in a bid to target increasingly tech-savvy millennials homebuyers. Subscribe to CREW...

Buying US real estate has proven to be a very good investment for Canadians over time. There aren’t typically any particular tax advantages for Canadians investing in the American real estate market, but that doesn’t mean there aren’t ways to reduce...

RiverSky homeowners: something new is cooking at River Market. Check out the new lending library called New West Cookbooker where residents can borrow and share their cookbooks with other community members. https://bit.ly/2s0jKb5 #newwest Something new’s cooking at River Market in New...

“Nearly 60 per cent of notaries say there are fewer first-timers this year, with mortgage stress test seen as the key culprit,” according to this Vancouver Courier article. First-time buyer numbers diminishing in real estate market: B.C. notaries Nearly 60 per...

Eco-cities are on the rise in Europe, Asia and Australia. Should Canada be next? #ecocities #singapore #canada How Singapore’s Eco-Cities Are Helping Its Elderly Age In Place | Star2.com Singapore is building successful green towns and helping the elderly population live...

These interactive heat maps show Metro Vancouver’s most and least expensive home prices Wondering how your home value (or purchasing budget) measures up against neighbouring areas – or how much it has changed over the past year? Source...

Are you a talented social media marketer with an interest in community building? Read more about this engaging opportunity at our Vancouver office and apply – or share – today! Social Media Specialist – Onni Group – Career Page You can...