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  1. Condos crack down on Airbnb

    Justin da RosaCanadian Real Estate Wealth Condo managers are already cracking down on Airbnb rentals prior to the expected regulation in Toronto. The city is currently reviewing the impact short-term rentals such as Airbnb have on Toronto real estate, with an eye on regulating that increasingly lucrative investment option. It released a report earlier this […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-10-2016
    Real Estate Related

  2. Advice for clients: Prepare for deal delays

    Justin da RosaREP Lenders were caught off guard by recent mortgage rules changes, according to one professional who claims deals are being delayed. “Every single lender is behind dealing with the changes and most of them got caught by surprise because there was no consultation,” mortgage broker John Panagakos said. “Big lag getting information, getting […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-10-2016
    Real Estate Related

  3. Foreigner buyers switch targets

    Justin da RosaMortgage Broker News Vancouver’s foreign buyer tax is encouraging those investors to look outside the lower mainland, according to one report. Foreign investment is having a growing influence in Kelowna and the Okanagan Valley in general, according to a report by HM Commercial Group. “The past 18 months have seen a significant increase […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-10-2016
    Real Estate Related

  4. Tower One at The City of Lougheed 9855 Austin Road Burnaby 500 homes in a 55 storey tower by Shape Properties

    Huge City of Lougheed to rise on 40-acre-site in Burnaby Michael BernardThe Vancouver Sun Project: The City of Lougheed Project Address: 9855 Austin Road, Burnaby Project Scope: A total of 500-plus one-, two- and three-bedroom homes contained in Tower One, a 55-storey concrete highrise sited in the community’s “first neighbourhood.” One of 23 towers on […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    29-10-2016
    Real Estate Related

  5. U. Gary Charlwood reflects on 40 years of Century 21 in Canada

    Dennis McCloskeyREM When U. Gary Charlwood immigrated to Canada from England 50 years ago as a young man and got a job in the airline business, little did he know he’d end up spending more than four decades enjoying a high-flying career in the Canadian real estate industry. He worked for Western Airlines (now Delta) […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-10-2016
    Real Estate Related

  6. Shaughnessy home has been bought and sold six times in 13 years

    And if you just missed out the first half-dozen times, it?s for sale again Joanne Lee-YoungThe Vancouver Sun   There is a single-family home at 5387 Cypress Street, not far from where Shaughnessy hits 41st Avenue, that has been bought and sold six times in the last 13 years. And it’s for sale again. The […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-10-2016
    Real Estate Related

  7. B.C. real estate superintendent vows far-reaching changes

    Ephraim VecinaREP With his duties beginning this week, British Columbia’s new superintendent of real estate promised sweeping changes in the regulation of the province’s housing industry, with a focus on eliminating unethical practices that have contributed to home price growth. “This is a huge reset. This is a significant — you could say unprecedented — change […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-10-2016
    Real Estate Related

  8. Housing rules not factored into CMHC forecast

    Justin da RosaREP he Crown Corporation finalized its latest forecast prior to the announcement of the recent mortgage rule changes – but would those changes have altered its outlook? Not materially, it turns out. “(The mortgage rules) can certainly have an impact, it’s not in our baseline outlook because those mortgage rule changes were announced […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-10-2016
    Real Estate Related

  9. Building science specialist: What to look out for in a condo

    Justin da RosaCanadian Real Estate Wealth What’s a building science specialist? Someone who will make sure you don’t take a bath on your condo investment. We spoke with one who told us the key things to consider before investing. As Brian Shedden explains it, a building science specialist is “like a hybrid engineering discipline – […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-10-2016
    Real Estate Related

  10. Additional foreign buyer info released

    Justin da RosaMortgage Broker News The fear following Vancouver’s 15% foreign sales tax was that those buyers would be pushed to Toronto. Has that happened? The answer may soon be available. Urbanation released a survey of condo foreign purchasers, which found foreign buyers account for just 5% of Toronto condo sales, compared to 52% of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-10-2016
    Real Estate Related

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