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  1. Home prices up, blame it on Toronto, Vancouver and Calgary

    Garry MarrOther Three of the country’s most expensive housing markets continue to drive the national average price for a home, according to a new report. The Canadian Real Estate Association said Monday the average sale price of a home in August reached $398,618, a 5.3% increase from a year ago. “Although activity rose in fewer […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    14-09-2014
    Real Estate Related

  2. Outside of Toronto, Vancouver and Calgary, Canada’s housing market is ‘mediocre at best’

    Garry MarrOther The national average home price shows a market still growing but increasingly that figure is hiding the fact that it’s barely treading water in many Canadian cities. Toronto, Calgary and Vancouver continue to drive the Canadian housing market, but there is little the federal government can do to cool them off without impacting […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    14-09-2014
    Real Estate Related

  3. BCREA reports 7,341 residential sales in August up 7 per cent from August 2013

    No Vacation for Home Buyers in August BCREAOther  The British Columbia Real Estate Association (BCREA) reports that a total of 7,341 residential sales were recorded by the Multiple Listing Service® (MLS®) in August, up 7 per cent from August 2013. Total sales dollar volume was $4.1 billion, an increase of 12.4 per cent compared to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-09-2014
    Real Estate Related

  4. SODO – South Downtown District

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    By Les Twarog Vancouver Real Estate and Condo Blog
    11-09-2014
    Real Estate Related

  5. In Vancouver home sales, $3-million is the new $1-million

    BRENT JANG Other Metro Vancouver’s hot housing market is scorching when it comes to high-end sales. Properties selling for $3-million or higher have surged 35 per cent in the Vancouver region, defying predictions of a slowdown after Ottawa shut down the federal immigrant investor program in February. In the first eight months of this year, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-09-2014
    Real Estate Related

  6. “Rich and poor” condo doors stir debate

    Grainne BurnsOther Investors in mixed-use condo developments are increasingly concerned that the bad press and stigma towards the concept in the U.S. may be adopted here. And their fears may be warranted as news about a new project comprising subsidized, affordable units has ignited a fresh wave of debate. Many online commentators argue that they […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-09-2014
    Real Estate Related

  7. Canadian Housing Starts

    Other The pace of new home construction in Canada slowed in August, falling 3.7 per cent to 192,368 units at a seasonally adjusted annual rate (SAAR). The six-month trend in Canadian housing starts sits at 189,837 units SAAR.Housing starts in BC urban centers jumped 31 per cent in August on a monthly basis to 33,631 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-09-2014
    Real Estate Related

  8. Condos Drive 11% Boost in August Housing Starts: CMHC

    Joannah ConnollyOther Vancouver Census Metropolitan Area (CMA) housing starts were trending at 20,271 units in August, up 11 per cent compared with July, according to data released September 9 by Canada Mortgage and Housing Corporation (CMHC). The August trend, which is a measure of a six-month moving average of seasonally adjusted annual rates, compares with […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-09-2014
    Real Estate Related

  9. The Art of Illusion: Tricks to Sell a Small Condo

    Barry MageeOther With land at such a premium in the Lower Mainland, a lot of first-time buyers are spending their time shopping online for condominiums these days. Lifestyle is of the utmost importance to the younger generation, so walking to work, having easy access to restaurants and bars and being able to live without a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-09-2014
    Real Estate Related

  10. House prices in Canada’s major cities setting hot pace, but for how long?

    Tara PerkinsOther Home prices in Canada’s major cities are running at a rate many economists just don’t think is sustainable. We won’t get a complete picture of sales and prices in August for a couple of weeks, but preliminary figures from local real estate boards suggest there’s plenty of momentum. And that has some economists […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-09-2014
    Real Estate Related

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