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  1. Foreign investors may be buying majority of west-side Vancouver homes

    Ryan SmithOther A recent academic study shows that the majority of single-family homes purchased in Vancouver’s tony west-side neighbourhoods were likely bought by foreign investors. An academic study by city planner Andy Yan found that 70% of buyers of single-family homes in Vancouver west-side neighbourhoods were likely from mainland China. The study used methodology commonly […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-11-2015
    Real Estate Related

  2. Canadian city property prices among world’s most inflated

    CREOther Investors in the Vancouver property market are at risk of price correction in the near future, according to a report released by UBS at the end of last week. According to the UBS Global Real Estate Bubble Index, Vancouver has some of the most over-valued property prices in the world. Only London, Hong Kong […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-11-2015
    Real Estate Related

  3. Market for Vancouver apartment buildings is ‘unrelenting’

    Ryan SmithOther Home prices in the Vancouver area are already Canada’s highest, with the average price for a single-family detached home hitting $1.58 million in October. But the apartment market is “unrelenting” as well, according to a veteran realtor. There were 73 apartment sales in the first six months of 2015 – a 20% spike […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-11-2015
    Real Estate Related

  4. Rhythm at 3281 East Kent Avenue 115 homes in two buildings by Polygon

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    By Les Twarog Vancouver Real Estate and Condo Blog
    05-11-2015
    Real Estate Related

  5. Aging condos eyed for development

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    By Les Twarog Vancouver Real Estate and Condo Blog
    04-11-2015
    Real Estate Related

  6. 70% of buyers on Vancouvers west side were from Mainland China

    Justin da RosaOther It may be a small-scale study, but the statistics are sobering: One association has a large portion of buyers in Vancouver over the past six months are likely mainland Chinese. An academic case study, entitled “Ownership patterns of single family home sale on selected west side neighbourhoods in the city of Vancouver,” […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-11-2015
    Real Estate Related

  7. Vancouver home sales surge despite low supply – Consumer confidence hits 2015 high

    Steve RandallOther Home sales in Metro Vancouver were up by nine per cent in October compared to the month prior with 3,646 homes sold. Figures from the Real Estate Board of Greater Vancouver show that the year-over-year increase was 19.3 per cent and the month’s sales was 36.2 per cent above the 10-year average. Apartment […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-11-2015
    Real Estate Related

  8. This city’s house prices are now in ‘jaw dropping’ territory

    CREOther Demand has far outstripped supply in the Vancouver housing market, driving prices skyward. The median price for a single-family detached home on the city’s west side hit $2.91 million last month. That’s a spike of 15.9% from October of 2014 and a 42% jump from the same time in 2013. On the east side, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-11-2015
    Real Estate Related

  9. Land speculators rendering condo prices ‘unsustainable’

    Frank O’BrienVan. Courier Rampant land speculation fuelled by an avalanche of offshore money has driven new condominium prices to the tipping point, a senior real estate analyst warns. “At a certain point buyers will just say ‘no,’” said Michael Ferreira, managing principal of Urban Analytics Inc., following his address last week to the Urban Development […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-11-2015
    Real Estate Related

  10. Condo Prices Surge as Vancouver Real Estate Continues Relentless Pace: REBGV

    Home sales up 19 per cent as prices rise 15.3 per cent – but dramatic rise in growth rate of condo prices is the biggest surprise Joannah Connolly Other Metro Vancouver real estate sales hit another peak in October, with the annual price growth in condos accelerating as demand rises, according to Real Estate Board […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    02-11-2015
    Real Estate Related

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