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Real Estate News

Door shut on down payment loans for first-time buyers

Door shut on down payment loans for first-time buyers

A short-lived and little-used loan program for first-time homebuyers in B.C. is coming to an end. Applications under the B.C. Home Owner Mortgage and Equity Partnership will be accepted until the end of March.
NDP taking housing affordability seriously with budget, says business prof

NDP taking housing affordability seriously with budget, says business prof

Urban Development Institute argues budget doesn’t address real problem
BC down payment loans boosted home prices 0.6 per cent

BC down payment loans boosted home prices 0.6 per cent

The BC HOME Partnership Program (HPP), which offers first-time buyers a loan to help with their down payment, has had relatively little impact on condo and townhome prices, according to the findings of a recent report by the BC Real Estate Associatio
One-third of baby-boomers helping millennials buy real estate

One-third of baby-boomers helping millennials buy real estate

One-third of Canadian baby-boomers – and more in Metro Vancouver – plan to give ‘living inheritances’ to their adult children specifically to help them buy real estate, a new survey has found.
New ‘dual agency’ ban throws real estate agents into disarray

New ‘dual agency’ ban throws real estate agents into disarray

A new B.C.
New Westminster city council supports downtown development

New Westminster city council supports downtown development

A mixed-use development has been given city council’s stamp of approval – at least four years after it was first proposed.
New Westminster tackles rental housing

New Westminster tackles rental housing

The City of New Westminster wants to find ways to preserve affordable and rental housing despite development pressures.
New Westminster heritage building unveils its original façade

New Westminster heritage building unveils its original façade

David Sarraf was the "happiest guy in the world" after uncovering hidden facade of Columbia Street building
New West tackles ‘horror show’ house

New West tackles ‘horror show’ house

New Westminster city council is sensitive to the needs of a property owner and a “night watchman” living in a Brow of the Hill home, but is deeply concerned about health and safety issues related to the house.
Developer proposes 33-storey tower in downtown New West

Developer proposes 33-storey tower in downtown New West

A developer hoping to build a highrise in downtown New Westminster has purchased an adjacent site so the project preserves views for nearby residents. City Point Real Estate Development Inc.