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  1. Average Vancouver home now 12.5 per cent more expensive #LesTwarog

    Jamie HenryOther House prices in Vancouver have increased again with the average cost of a detached home rising 12.5 per cent in April to $1.08 million with the benchmark for a typical home now at $673,000. The Real Estate Board of Greater Vancouver said Monday that a low level of listings has pushed prices higher; […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-05-2015
    Real Estate Related

  2. Agents call for crackdown on foreign ownership

    Olivia D’OrazioOther Agents concerned with the levels of foreign ownership in Canada are pointing to a model used in Australia to keep the market from overheating. “I think it’s something to consider because real estate is meant to serve local (populations), serve people who live in Canada,” says David Oey, an agent in Toronto, adding […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-05-2015
    Real Estate Related

  3. Sales down, prices up: is this a stable market?

    Olivia D’OrazioOther Ahead of today’s provincial election, a new housing report is showing signs of a relatively stable market, despite lower oil values and fewer sales. According to the Edmonton Real Estate Board, sales during the month of April were down 13 per cent from the year-ago period, though median prices rose 2.6 per cent. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-05-2015
    Real Estate Related

  4. Toronto is world leader for luxury real estate

    Jamie HenryOther A new report shows that Toronto is the one city with the hottest growth in  luxury real estate. Christies International’s study also revealed that the new benchmark for high-end homes is U$100 million with a record ten properties currently listed across the US at or above the 9-digit price. Toronto ranks tenth overall […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-05-2015
    Real Estate Related

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