Tag Archives: vanre

Most Vancouver houses sold below assessment in April

By ThinkPol Staff The number of Vancouver detached houses selling below assessed value in April outnumbered those selling for more, with some going as low as 27% below, making it the third month in row that a majority of Vancouver

“Inappropriate” Chinatown development designs drive gentrification

By Lisa Tanh Newly proposed developments in Chinatown are using inappropriate designs to further gentrify the neighbourhood, says a neighbourhood advocate. Melody Ma, a Chinese Canadian, said many of the newly proposed developments do not respect the neighborhood’s history and

Realtor who deceived buyer into displaying New Coast Realty “sold” sign for a year fined $2,000

By ThinkPol Staff A realtor who deceived a buyer into displaying her brokerage’s “sold” sign has been fined $2,000 by British Columbia’s real estate watchdog. Real Estate Council of British Columbia’s disciplinary panel found that Richmond realtor Xinwei (Sylvie) Zhao,

Shadow flipping realtor fails to get case thrown out

By ThinkPol Staff A lawsuit launched by a West Vancouver man after discovering that his house had been shadow flipped twice by his realtor for a much higher price will proceed to full trial, after a judge dismissed an application

Metro Vancouver housing sales slump 30% in March

By ThinkPol Staff Home sales slumped 30 percent last month in Metro Vancouver as BC budget measures aimed at making housing affordable began to cool down the region’s once red hot real estate market. Residential home sales in the region

Most Vancouver houses sold below assessment in March

By ThinkPol Staff Well over half of all Vancouver detached houses sold below assessment in March, with some going as low as 22% below, making it the second month in row that a majority of Vancouver single family homes sold

Speculation tax doesn’t go far enough, Burnaby councillor says

By Drew Penner Burnaby councillor Nick Volkow is newly single. His life changed forever when his wife passed away a year-and-a-half ago. In recent days he’s been pondering the next steps in his own life. But the 22-year Council veteran

Hope on the horizon for Vancouverites trying to get into the housing market?

By ThinkPol Staff There may be hope on the horizon for prospective condo buyers in Metro Vancouver trying to get a foothold in the region’s runaway housing market, a Vancouver realtor says. Even as the single family home market enters

Unable to afford rent, some Vancouver seniors choosing to take their own lives rather than become homeless, advocate says

By Lisa Tanh More seniors are being pushed into homelessness because they can’t afford the city’s high cost of living or find a safe shelter, says the head of a seniors’ non-profit organization. Anthony Kupferschmidt, executive director of the West

Housing eviction a pathway to drug use, Vancouver-based study finds

By Marina Wang Vancouver’s housing crisis may also be fuelling the city’s drug epidemic, according to a new peer reviewed study by a group of Vancouver-based researchers. A longitudinal study published earlier this year found that housing eviction had a