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  1. Canada real estate is reliving 30-year-old history ? analysis

    Ephraim VecinaOther While the continuously growing prices in Canada’s real estate sector might come across as a shock for industry players and would-be market participants, an article from way back in 1988 shows that the state of the country’s most dynamic housing markets is nothing new. Posted by The Globe and Mail real estate reporter […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-04-2016
    Real Estate Related

  2. Millennials holding back on homebuying

    Steve RandallOther Younger Canadians are in no rush to buy a home, preferring to wait until they have saved enough to be able to get the home they really want. A survey by BMO found that although 60 per cent of millennials say they are tired of renting, 70 per cent will wait until they […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-04-2016
    Real Estate Related

  3. ?Strong Evidence of Overvaluation? in Metro Vancouver Housing Market: CMHC

    Housing agency changes tune on Vancouver real estate prices, while arguing that ?weak evidence? of other market risk factors reduces the likelihood of a bubble Joannah ConnollyOther Canada’s federal housing agency has adjusted its outlook on Vancouver’s housing market, citing “strong evidence of overvaluation” and “moderate evidence of problematic conditions,” according to a quarterly report […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-04-2016
    Real Estate Related

  4. Vancouver housing market shows ?strong evidence? of overvaluation

    Emma Crawford Hampel Van. Courier As Vancouver’s housing market continues to heat up, the Canada Mortgage and Housing Corporation (CMHC) announced April 27 the city is now showing strong evidence of overvaluation. In the CMHC’s previous assessment, released in January, the organization had found moderate evidence of overvaluation. “Single detached home prices are higher than […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-04-2016
    Real Estate Related

  5. Leaked audio says towers part of First Nations? Jericho Lands vision

    Bob MackinVan. Courier Two weeks before the provincial government announced it sold its part of the Jericho Lands, Squamish Nation Chief Ian Campbell told a band meeting in North Vancouver that the partnership with the Musqueam Indian Band and Tsleil-Waututh Nation wants to get 38.8 acres rezoned for townhouses and towers. “This land can yield […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-04-2016
    Real Estate Related

  6. Condos surge in the Greater Toronto Area

    This market’s booming thanks to high-priced Vancouver Steve RandallOther Condo sales in the Greater Toronto Area surged 21.2 per cent in the first quarter of 2016 compared to a year earlier. The Toronto Real Estate Board says that there were 5,974 sales through the MLS during the first three months of this year with around […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-04-2016
    Real Estate Related

  7. Vancouver Council Approves Next Steps for Affordable Home Ownership Pilot

    City hall votes to begin proposed initiative to help middle-income long-term residents into home ownership, starting with 300 discounted homes Joannah Connolly Van. Courier Vancouver City Council voted April 20 to approve the first steps towards a proposed pilot Affordable Home Ownership (AHO) program, which hopes to initially supply 300 below-market-priced units to eligible middle-income, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    21-04-2016
    Real Estate Related

  8. FinTRAC not doing its part enough ? CREA

    Ephraim Vecina Other Amid tighter federal legislation on large-sum transactions, the Canadian Real Estate Association (CREA) said that the government’s watchdog is not doing its part in ensuring that industry professionals get a better understanding of the rules. CREA vice president of government and public relations Randall McCauley said that while there is indeed an […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    20-04-2016
    Real Estate Related

  9. Foreign investment not slowing down any time soon ? economist

    Ephraim VecinaOther The relative ease of purchasing, the low interest rates, and the generous currency exchange all make Canada an incredibly attractive choice for foreign nationals looking to expand their investment portfolios—and this trend is not dying down any time soon, according to an economist. Case in point: China. Per estimates by National Bank of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    20-04-2016
    Real Estate Related

  10. Venue is a new residential project that comprises 141 homes ranging from studios to units with two bedrooms and a den.

    Emma Crawford HampelVan. Courier The real estate market in Vancouver is going through the roof, and this is expected to continue through 2018, according to a Central 1 forecast released April 19. So far this year, Central 1 said, sales in Metro Vancouver alone have outperformed the credit union’s previous forecast, released in late 2015. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-04-2016
    Real Estate Related

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