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U.S.-based platform aims to disrupt B.C.'s real estate market

A new real estate company is coming to Canada.

Redfin aims to shake up the industry with technology and lower fees.

The Seattle-based company invented map-based real estate searches, and has been using that platform to gain a significant foothold in home sales in 85 markets in the U.S. 472 more words

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Port Moody 'rent-to-own' condo scheme overwhelmed with demand

For 30 families in Port Moody, it will be like winning the lottery.

Starting next month a unique path to home ownership will be launched that partially removes the biggest obstacle: a down payment. 626 more words

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Vancouver council to vote on looking at increase to Empty Homes Tax

Vancouver Mayor Kennedy Stewart is taking what could be the first steps toward his campaign promise of tripling the city’s Empty Homes Tax (EHT).

In September, Stewart unveiled the… 381 more words

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Housing slowdown continues, says Real Estate Board of Greater Vancouver

The housing market in Metro Vancouver continues to slow down.

The Real Estate Board of Greater Vancouver (REBGV) says home sales in November were down 18.2 per cent from October and down 42.5 per cent from November of last year. 280 more words

Economy

Chinese Fetanyl Kingpins Laundered Over $5BN Through Vancouver Homes Since 2012

Downtown Vancouver Skyline

A new “secret” police study has found that Chinese crime networks could have laundered over $1B through Vancouver homes in 2016 alone, and that a surge in the city’s home prices are simultaneously tied to a surge in opioid deaths. 1,042 more words

Motor city: Vancouver home to growing community of RV-dwellers amid housing woes

Parked on the side of the road near Vancouver’s Home Depot on the False Creek flats, a new community has sprung up.

RVs are parked nose to tail along several streets. 595 more words

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Langley condo market is 'insane' as listings quadruple, local real estate blogger says

A local real estate agent and industry blogger is calling Langley’s current condo market “insane.”

Looking at stats from the Real Estate Board of Greater Vancouver, Steve Saretsky said inventory has nearly quadrupled in the last 12 months, a six-year high. 242 more words

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