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  1. Market boom helping investors get rich

    Justin da RosaOther Investors continue to cash in, with this red hot market continuing to break records. “Housing demand is exceptionally strong across the southern regions of the province,” Cameron Muir, BCREA Chief Economist, said in a release. “Consumers appear to be particularly active in the Vancouver Island, the Fraser Valley and the Thompson/Okanagan regions.” […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-05-2016
    Real Estate Related

  2. Quick Start to Year Could Lead to Single Highest Half Year Sales Total Recorded

    A comprehensive analysis of the multifamily real estate Other Download Document

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-05-2016
    Real Estate Related

  3. Billions change hands as April home sales set record in British Columbia

    Other More property sales records tumbled in April according to the British Columbia Real Estate Association. A release from the association says a record 12,969 homes were sold last month in B.C., a 30 per cent increase over the same period last year. Sales also eclipsed the record of 12,560 units set in March. The […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-05-2016
    Real Estate Related

  4. CMHC releases Q2 housing market outlook

    by Justin da RosaOther The Crown Corporation released its long-term economic and housing forecast Wednesday morning. It expects housing starts to slowly decrease over the coming years. “On an annual basis, housing starts are expected to range from 181,300 units to 192,300 units in 2016 and from 172,600 units to 183,000 units in 2017, a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-05-2016
    Real Estate Related

  5. Single-family home prices up 1.2 per cent in April

    Other Single-family home prices rose 1.2 per cent in April from the previous month. The Teranet-National Bank Composite House Price Index recorded the largest April increase since 2008. Vancouver prices were up 2.2 per cent and in Toronto there was a 1.4 per cent gain. Calgary halted decline over the previous 6 months with a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-05-2016
    Real Estate Related

  6. BC Home Sales Continue to Smash Record Book

    BCREAOther The British Columbia Real Estate Association (BCREA) reports that a record 12,969 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April, up 30.3 per cent from the same month last year. Home sales last month beat March’s record of 12,560 units. Total sales dollar volume was $9.64 billion in April, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-05-2016
    Real Estate Related

  7. BC Market Sees Highest-Ever Home Sales in a Single Month: BCREA

    Combined residential transaction sales across all provincial real estate boards smashes records yet again, reports association Joannah Connolly Other BC real estate boards posted a record-breaking total of 12,969 residential unit sales in April, up 30.3 per cent from the same month last year, according to BC Real Estate Association figured released May 13. This […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-05-2016
    Real Estate Related

  8. Tiniest Local Neighbourhoods See 135% Price Rises Over Decade: Report

    Luxury real estate in Metro Vancouver’s two most desirable areas more than doubled in price since 2005, driven by overseas buyers, says Royal LePage survey REWOther The average price of an luxury home in Point Grey or West Vancouver has increased 135 per cent over the past decade, according to the national Royal LePage Carriage […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-05-2016
    Real Estate Related

  9. Foreign buyers driving price gains in Vancouver’s high-end real estate: survey

    Jen St. DenisVan. Courier Foreign buyers are driving price gains in Canada’s expensive home markets, a trend that picked up speed at the beginning of 2015 and is expected to continue to increase in the future, according to a Royal LePage survey released today. The survey of 250 Royal LePage real estate advisors showed that […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-05-2016
    Real Estate Related

  10. Changes to Assignment Provisions in Standard Contracts

    BCREAOther Consumer awareness took a step forward with the announcement of new requirements for real estate contracts. Following on a promise made by Premier Clark in March, as of May 16, 2016 the government will require contracts prepared by real estate licensees to include clauses stating that the contract cannot be assigned without the written […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-05-2016
    Real Estate Related

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