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Small-town real estate heating up in big city way – Yahoo News Canada

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The Canadian Press

A look at COVID-19 vaccinations in Canada on April 4, 2021

The latest numbers on COVID-19 vaccinations in Canada as of 10:30 p.m. ET on Sunday April 4, 2021. In Canada, the provinces are reporting 44,982 new vaccinations administered for a total of 6,233,533 doses given. Nationwide, 719,100 people or 1.9 per cent of the population has been fully vaccinated. The provinces have administered doses at a rate of 16,447.63 per 100,000. There were 135,100 new vaccines delivered to the provinces and territories for a total of 7,974,970 doses delivered so far. The provinces and territories have used 78.16 per cent of their available vaccine supply. Please note that Newfoundland, P.E.I., Nova Scotia, New Brunswick and the territories typically do not report on a daily basis. Newfoundland is reporting 13,720 new vaccinations administered over the past seven days for a total of 68,951 doses given. The province has administered doses at a rate of 131.679 per 1,000. In the province, 1.84 per cent (9,654) of the population has been fully vaccinated. There were zero new vaccines delivered to Newfoundland for a total of 101,660 doses delivered so far. The province has received enough of the vaccine to give 19 per cent of its population a single dose. The province has used 67.83 per cent of its available vaccine supply. P.E.I. is reporting 4,895 new vaccinations administered over the past seven days for a total of 25,153 doses given. The province has administered doses at a rate of 158.565 per 1,000. In the province, 4.55 per cent (7,212) of the population has been fully vaccinated. There were zero new vaccines delivered to P.E.I. for a total of 31,885 doses delivered so far. The province has received enough of the vaccine to give 20 per cent of its population a single dose. The province has used 78.89 per cent of its available vaccine supply. Nova Scotia is reporting 28,255 new vaccinations administered over the past seven days for a total of 111,403 doses given. The province has administered doses at a rate of 114.154 per 1,000. In the province, 3.03 per cent (29,530) of the population has been fully vaccinated. There were zero new vaccines delivered to Nova Scotia for a total of 186,050 doses delivered so far. The province has received enough of the vaccine to give 19 per cent of its population a single dose. The province has used 59.88 per cent of its available vaccine supply. New Brunswick is reporting 33,407 new vaccinations administered over the past seven days for a total of 120,673 doses given. The province has administered doses at a rate of 154.701 per 1,000. In the province, 3.46 per cent (27,012) of the population has been fully vaccinated. There were zero new vaccines delivered to New Brunswick for a total of 147,685 doses delivered so far. The province has received enough of the vaccine to give 19 per cent of its population a single dose. The province has used 81.71 per cent of its available vaccine supply. Quebec is reporting 41,194 new vaccinations administered for a total of 1,529,541 doses given. The province has administered doses at a rate of 178.755 per 1,000. There were 135,100 new vaccines delivered to Quebec for a total of 2,127,605 doses delivered so far. The province has received enough of the vaccine to give 25 per cent of its population a single dose. The province has used 71.89 per cent of its available vaccine supply. Ontario is reporting zero new vaccinations administered for a total of 2,424,063 doses given. The province has administered doses at a rate of 165.025 per 1,000. In the province, 2.19 per cent (321,469) of the population has been fully vaccinated. There were zero new vaccines delivered to Ontario for a total of 2,825,795 doses delivered so far. The province has received enough of the vaccine to give 19 per cent of its population a single dose. The province has used 85.78 per cent of its available vaccine supply. Manitoba is reporting zero new vaccinations administered for a total of 204,107 doses given. The province has administered doses at a rate of 148.225 per 1,000. In the province, 4.39 per cent (60,519) of the population has been fully vaccinated. There were zero new vaccines delivered to Manitoba for a total of 343,730 doses delivered so far. The province has received enough of the vaccine to give 25 per cent of its population a single dose. The province has used 59.38 per cent of its available vaccine supply. Saskatchewan is reporting zero new vaccinations administered for a total of 214,246 doses given. The province has administered doses at a rate of 181.695 per 1,000. In the province, 3.32 per cent (39,119) of the population has been fully vaccinated. There were zero new vaccines delivered to Saskatchewan for a total of 232,495 doses delivered so far. The province has received enough of the vaccine to give 20 per cent of its population a single dose. The province has used 92.15 per cent of its available vaccine supply. Alberta is reporting zero new vaccinations administered for a total of 653,010 doses given. The province has administered doses at a rate of 148.342 per 1,000. In the province, 2.36 per cent (103,926) of the population has been fully vaccinated. There were zero new vaccines delivered to Alberta for a total of 848,315 doses delivered so far. The province has received enough of the vaccine to give 19 per cent of its population a single dose. The province has used 76.98 per cent of its available vaccine supply. British Columbia is reporting zero new vaccinations administered for a total of 788,249 doses given. The province has administered doses at a rate of 153.608 per 1,000. In the province, 1.70 per cent (87,394) of the population has been fully vaccinated. There were zero new vaccines delivered to British Columbia for a total of 989,250 doses delivered so far. The province has received enough of the vaccine to give 19 per cent of its population a single dose. The province has used 79.68 per cent of its available vaccine supply. Yukon is reporting zero new vaccinations administered for a total of 35,470 doses given. The territory has administered doses at a rate of 849.968 per 1,000. In the territory, 27.78 per cent (11,592) of the population has been fully vaccinated. There were zero new vaccines delivered to Yukon for a total of 51,400 doses delivered so far. The territory has received enough of the vaccine to give 120 per cent of its population a single dose. The territory has used 69.01 per cent of its available vaccine supply. The Northwest Territories are reporting zero new vaccinations administered for a total of 37,655 doses given. The territory has administered doses at a rate of 834.571 per 1,000. In the territory, 30.88 per cent (13,933) of the population has been fully vaccinated. There were zero new vaccines delivered to the Northwest Territories for a total of 51,600 doses delivered so far. The territory has received enough of the vaccine to give 110 per cent of its population a single dose. The territory has used 72.97 per cent of its available vaccine supply. Nunavut is reporting zero new vaccinations administered for a total of 21,012 doses given. The territory has administered doses at a rate of 542.581 per 1,000. In the territory, 19.99 per cent (7,740) of the population has been fully vaccinated. There were zero new vaccines delivered to Nunavut for a total of 37,500 doses delivered so far. The territory has received enough of the vaccine to give 97 per cent of its population a single dose. The territory has used 56.03 per cent of its available vaccine supply. *Notes on data: The figures are compiled by the COVID-19 Open Data Working Group based on the latest publicly available data and are subject to change. Note that some provinces report weekly, while others report same-day or figures from the previous day. Vaccine doses administered is not equivalent to the number of people inoculated as the approved vaccines require two doses per person. The vaccines are currently not being administered to children under 18 and those with certain health conditions. In some cases the number of doses administered may appear to exceed the number of doses distributed as some provinces have been drawing extra doses per vial. This report was automatically generated by The Canadian Press Digital Data Desk and was first published April 4, 2021. The Canadian Press

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Hot real estate market sparks warnings to potential buyers as complaints to regulator double

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As home sales in the province continue on a dizzying trajectory, the province’s real estate watchdog and regulator are warning buyers to be wary of what they may be getting into.

The Real Estate Council of B.C. (RECBC) and the Office of the Superintendent of Real Estate said that in the first three months of 2021, they have seen an increase in inquiries and complaints.

Calls to the regulator were up 42 per cent over the previous year, while complaints, such as how offers were made and accepted, were double the number received in the same period in 2020.

“Buying a home is one of life’s biggest financial decisions. There are potential risks at the best of times, but with the added pressure and stress of the current market conditions, those risks are amplified,” Micheal Noseworthy, superintendent of real estate, said in a statement.

 

 

The Real Estate Board of Greater Vancouver says sales in the region have continued at a record-setting pace.

Residential home sales covered by the board totalled 5,708 in March 2021, up 126.1 per cent from March 2020, when the COVID-19 pandemic hit, and up 53.2 per cent from February of this year.

Rural and suburban areas have experienced the biggest spikes.

For the past two weeks, Jay Park has been in the middle of the buying frenzy.

He and his partner are trying to upgrade from their one-bedroom apartment to a two-bedroom condo or townhouse in Vancouver.

“I wish we had done this a month or two ago,” he said.

 

A condo tower under construction is pictured in downtown Vancouver in February 2020. (THE CANADIAN PRESS/Darryl Dyck)

 

Park put an offer on a $1-million condo, $4,000 above asking price.

“To entice the [seller], we put in a subject-free offer, but it wasn’t successful,” he said. “They accepted $110,000 over asking price that was also subject-free.”

The hot market has led to bidding wars. Some would-be buyers have even lined up outside for days to try to get a jump on a property.

Erin Seeley, the CEO of the council, is warning buyers to do their research and be aware of risks before making an offer.

“It’s really important that buyers have engaged with their lender before they’re making offers so they know how to stay within a reasonable budget,” she said.

Seeley said some of the complaints the council has heard from buyers is that they weren’t aware the seller has a right to take an early offer.

“And the seller was really in the driver’s seat about setting the pricing,” she said.

 

Demand continues to outstrip supply for housing in cities like Vancouver. (Rafferty Baker/CBC)

 

Aaron Jasper, a Vancouver realtor, advises clients to avoid cash offers and to include finance clauses even if it may mean they lose a deal.

“There’s a lot of frustration among buyers, feeling pressure to take some risk,” he said.

“You’re better to be delayed perhaps a year getting into the market as opposed to being completely financially ruined.”

Jasper also says realtors are limited in the advice they can give to clients on legal matters, home inspections, potential deficiencies with homes, and financing.

‘Caught up in the craziness’

Other tips from the council include seeking professional advice before making a subject-free offer or proceeding without a home inspection, and speaking to a professional to determine how market conditions may be affecting prices.

Meantime, people like Jay Park say they are still keen to buy. Park has more viewings scheduled and is optimistic.

“It’s a very exciting time for us, but I also don’t want to get caught up in the craziness and make a purchase that’s above our means.”

Source: – CBC.ca

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Black Press Media introduces one of Western Canada's best real estate platforms helping home buyers Find. Love. Live. that new home – Aldergrove Star

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Need an agent who knows the community?

Or, is it time to look for a new place to live, but you don’t know what’s on the market?

Whatever the real estate need is for residents in the communities of British Columbia, Yukon & Alberta, there’s a new way to do that one-stop shopping – by visiting Today’s Home.

The slogan for the site is “Find. Love. Live.”

“We want people to find their dream home, love it, and live in it,” said group publisher Lisa Farquharson.

Building on the success of Black Press Media’s niche digital platforms – Today’s Home brings the same wealth of knowledge and local expertise to the search for a home, be it buying, selling, or even just daydreaming about what changes you can make in the future.

Search hundreds of listings that local real estate agents have available.

The listings cover properties around the region, from a one-bedroom, one-bath condo for $339,900 to million-dollar acreages throughout the province of BC, Yukon, Central Alberta and beyond.

Click on a listing, and see not only the realtor handling the property sale, but links to his or her other listings and social media feeds. With the click of a mouse, take a virtual tour of the property, find the property’s walking score, and learn about nearby amenities.

There are links available to schedule a showing, or send the agent a comment or question.

Want to share a listing? When you click on the share button, you’ll actually send an attractive digital flyer of the prospective property, not just a link.

There’s even a button to help determine how much you have to spend, courtesy of the convenient mortgage calculator.

Plus, scroll down the page on Today’s Home and find a list of expert local real estate professionals who can answer questions or help with that home sale, Farquharson explained.

Today’s Home offers the advantage of the massive reach that Black Press Media has built throughout Western Canada with its network of community newspapers and online products. That allows the public to tailor real estate searches based on location, price, and other key factors while allowing real estate professionals to gain unprecedented audience reach with their listings.

Today’s Home will dovetail into the media company’s existing print real estate publications.

“Black Press Media has real estate solutions in print and now we can add in the digital component,” Farquharson said.

Watch for expansion of the Today’s Home platform in the near future, she added. That will come as Black Press Media adds a new component – the development community. Developers will be able to reach a huge audience when their projects are ready for presentation.

For information on Today’s Home, contact group publisher Lisa Farquharson at 604-994-1020 or via email.

Happy house hunting!

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PGIM Real Estate, Revera Affiliate Target UK Market in Newly Formed JV

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Real Estate Sales In September

PGIM Real Estate has been active in recent months providing capital to facilitate blockbuster senior housing acquisitions. Now the firm is looking to capitalize on demand for senior housing in the United Kingdom.

The Madison, New Jersey-based real estate investor and lender announced this week it is entering into a joint venture with Signature Senior Lifestyle, an affiliate of Revera, to develop and operate senior housing communities around greater London

Mississauga, Ontario-based Revera serves 20,000 older adults in long-term care homes and retirement residences in Canada. It is also the majority shareholder of Sunrise Senior Living, one of the largest senior housing providers in the U.S. The company operates a portfolio of 12 communities in the U.K. under the Signature Senior Lifestyle brand, with one community in development that is slated to open in autumn 2021.

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The JV has one development underway — a senior housing community, or “prime care” home, in southwest London. PGIM worked with Elevation Partners, a London-based investor and asset manager in U.K. health care real estate, in sourcing, structuring and executing the venture. Additionally, PGIM will retain the firm to leverage its expertise.

PGIM and Revera did not respond to requests for comment from Senior Housing News regarding details about its development pipeline.

London is emerging as a future hotbed of senior housing development, spurred by favorable demographic growth trends and a lack of available supply, and the PGIM-Revera venture will find competition.

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Maplewood Senior Living CEO Gregory Smith told SHN last month that demand for U.K. senior housing is comparable to major U.S. markets such as New York and San Francisco, where supply has historically been constrained.

Maplewood and its investment partner, Omega Healthcare Investors (NYSE: OHI) are looking to expand its luxury Inspir brand to the U.K., and identified five suburban markets around London with high barriers to entry that are favorable for the brand’s growth.

Revera CEO Tom Wellner sees similar untapped upside potential for senior housing in the U.K.

Source: – Senior Housing News

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