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  1. Diversified Royalty Corp. to buy Sutton Group trademarks for $30.6 million

    Other Vancouver-based Diversified Royalty Corp. has inked a deal with Sutton Group Realty Services to acquire the Canadian and U.S. trademarks and other intellectual property rights for $30.6 million. Immediately following the closing of the acquisition, Diversified Royal Corp. will license the Sutton Group trademarks back to Sutton for 99 years, in exchange for an […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-06-2015
    Real Estate Related

  2. Seniors skeptical over provincial property tax program

    Other It seems that seniors in Alberta would rather struggle to pay property taxes than to take what they perceive as a risk from provincial help. The Alberta Seniors Property Tax Deferral Program enables seniors who own their homes to get a loan from the government to cover property taxes for as long as they […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-06-2015
    Real Estate Related

  3. Vancouver buyer pays $1 million over asking price

    Other The bidding wars in Vancouver are intensifying, leading to more buyers paying larger premiums to secure the home of their dreams. The National Post reports that a West Vancouver home listed at $2.98 million sold for $4.1 million, more than a million over the asking price and a premium of 37 per cent. The […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-06-2015
    Real Estate Related

  4. City wants more family housing – 8,000 families living in one-bedroom, studio apartments

    Mike HowellVan. Courier With 8,000 families in Vancouver living in studio and one-bedroom apartments, city hall staff revealed Tuesday it is considering a city-wide rezoning policy to allow for the development of family housing near parks, schools and community centres. Triggered by a shortage of three-bedroom units in a tight rental housing market and ownership […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-06-2015
    Real Estate Related

  5. Rogers shuts down Zoocasa, its online real estate brokerage

    TAMSIN McMAHONOther Zoocasa, the online discount real estate brokerage owned by Rogers Communications Inc., abruptly shut down, delivering another blow to consumers looking for low-cost options to buy and sell their homes. The company sent notes to its real estate agent clients on Tuesday announcing that it was ending its agreements with real estate agents […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-06-2015
    Real Estate Related

  6. Landlords struggle to draw tenants

    Jordan MaxwellOther The pool of prospective tenants are drying up in Calgary as a tough job market is forcing some to reduce rents in response – and the situation could worsen as tenants leave the market for good. “People are having to break leases, which is making it tough for landlords,” said Bill Blake, a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-06-2015
    Real Estate Related

  7. Double whammy hits condo market investors

    Jordan MaxwellOther Strong condo numbers released by Colliers International recently show that investors will soon be in for major profits as prices rise but the outlook isn’t all good, says one industry vet. “I do think we have a major problem brewing with the current low interest policy,” said Kenny Wong, real estate broker with […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-06-2015
    Real Estate Related

  8. Housing starts point upward as low fuel prices stimulate growth

    Jordan MaxwellOther Ontario, Quebec and many parts of the Atlantic region continue to offset the effects of low oil prices in Canada as housing starts registered an increase from April to May. “The small increase in the trend was primarily driven by higher multiple starts in Ontario, the Atlantic region, and Québec. Despite month-to-month variation […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-06-2015
    Real Estate Related

  9. BC Housing Demand Forecast to be Strongest Since 2007

    Other Download Document

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-06-2015
    Real Estate Related

  10. Will more taxes solve housing affordability challenges? History says no and so do we.

    Other The rising cost of homes in our region is well-documented. Metro Vancouver home prices have increased nearly 80 per cent since 2005. Detached home prices have increased over 100 per cent. We worry about how our children can afford a home and how the most vulnerable among us can find basic shelter. These concerns […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-06-2015
    Real Estate Related

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