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  1. Two Hot Investment Markets Outside of Metro Vancouver

    There are two BC cities where condominiums priced lower than Metro Vancouver make for positive cash flows Frank O’Brien Other Condominium investors buying units to be used as rentals could take a look outside of the Metro Vancouver market as they search for positive cash flow. In Greater Vancouver, for example, the typical condominium sells […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-02-2016
    Real Estate Related

  2. Some BC real estate agents insider trading and helping to money launder: NDP

    Laura KaneOther The independent office charged with overseeing the British Columbia real estate market will investigate allegations of fraud and insider trading by some Metro Vancouver realestate agents, the provincial government said Monday. Superintendent of Real Estate Carolyn Rogers will work with an advisory group being set up by the Real Estate Council of B.C. to look into concerns raised by media reports and Opposition politicians, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-02-2016
    Real Estate Related

  3. Housing starts slowed in January except in one province

    Steve RandallOther The pace of housing starts was slower in January according to new figures from the Canada Mortgage and Housing Corp. The trend measure was 199,169 in January 2016 compared to 203,304 in December 2015; the seasonally-adjusted annual rate was down to 165,861 from 172,533. Urban SAAR was down 3 per cent; multiple urban […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-02-2016
    Real Estate Related

  4. The real estate technique fuelling Vancouver’s housing market

    Kathy TomlinsonOther They had a deal. The Rappaports’ home, on Vancouver’s West Side, would net the couple $5.2-million last year. Jo and her husband had bought the stately Craftsman home in 1987 for $362,000. They raised their sons there and loved it. But the neighbourhood had changed. Investors were razing the houses and it was […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-02-2016
    Real Estate Related

  5. Canadian and US Employment – February 5, 2016

    Other Employment in Canada was essentially unchanged in January with the total number of employed Canadians dipping by 5,700 people. The national unemployment rate edged slightly higher from 7.1 to 7.2 per cent while the total number of hours worked, which is closely correlated with GDP growth, was up 1.2 per cent over the past […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-02-2016
    Real Estate Related

  6. 300,000 Chinese Citizens were issued temporary resident Visas to Canada in 2014 which allows them to stay in Canada for up to 6 months a year for 10 years

    Vancouver house-buying frenzy leaves half-empty neighbourhoods Kathy TomlinsonOther When Clare Cullen looks out her windows or takes her dog for a walk, she said it often makes her sad. In every direction, she sees old houses sitting empty or lots where houses have been demolished – to be replaced by opulent new ones that she […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-02-2016
    Real Estate Related

  7. History shows that home prices will eventually fall

    Mike KlassenVan. Courier With car sales breaking records in B.C., and long lineups happening in Vancouver’s trendiest restaurants, not many of us can imagine a sudden shift in our economy that could drive house prices down. However, the stagnation happening today in neighbouring Alberta could also occur here too. To understand how, let’s look at […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    02-02-2016
    Real Estate Related

  8. History shows that home prices will eventually fall

    Mike KlassenVan. Courier With car sales breaking records in B.C., and long lineups happening in Vancouver’s trendiest restaurants, not many of us can imagine a sudden shift in our economy that could drive house prices down. However, the stagnation happening today in neighbouring Alberta could also occur here too. To understand how, let’s look at […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    02-02-2016
    Real Estate Related

  9. Fraser Valley Home Sales Smash January Records: FVREB

    Strongest-ever January for residential real estate transactions in the Valley, with sales up 62 per cent year over year, reports board Joannah Connolly Other Fraser Valley real estate saw its busiest-ever January, according to Fraser Valley Real Estate Board (FVREB) statistics published February 2. Total residential real estate sales increased by an impressive 62 per […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-02-2016
    Real Estate Related

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