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  1. Real estate helps Canada?s economy reverse decline

    Steve RandallREP Canada’s economy grew in April by 0.1 per cent following two months of decline and real estate was a key driver of growth. Statistics Canada’s figures show that the real estate sector added $218.8 billion to GDP in the year to April, up from $211.6 billion in the previous 12 months. The data […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 30-06-2016
    Real Estate Related

  2. Flying the flag on unit may not be allowed

    Tony GioventuThe Province Dear Tony: Every year when we have Canada Day, our strata council goes through the same problem with the same owners. They start a petition to amend the bylaws to allow owners to install flagpoles on their units. Every year we have the meeting, and every year the amendment gets defeated. We […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 30-06-2016
    Strata Information

  3. Mahogany at Mill Lake 2180 Gladwin Road, Abbotsford 266 homes in a 26-storey tower by Quantum Properties

    REW Download Document

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 30-06-2016
    Real Estate Related

  4. Woodland Park 8570 204 Street Langley 106 townhouses by Infinity Properties

    Touches such as a record collection or books transcends the ?staged? setting Mary Frances HillThe Province Woodland Park Where: 8570 204th St., Langley What: 106 townhouses Residence sizes and prices: Two beds, two-beds-and-dens, three beds, three-beds-and-dens, and four-beds; 1,263-1,825 square feet; priced from the $400,000s Developer and builder: Infinity Properties Sales centre address: 1 – […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 30-06-2016
    Real Estate Related

  5. B.C. real estate loses self-governance as Christy Clark shakes up industry

    Cassidy Olivier & Joanne Lee-YoungThe Province The days of self-regulation are over for B.C.’s real estate industry following a series of changes outlined Wednesday by Premier Christy Clark. The changes — aimed at restoring the public’s confidence in the sector battered by allegations of misconduct, weak reporting mechanisms and governance issues — include the creation of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 30-06-2016
    Real Estate Related

  6. Foreign owners do impact Vancouver home prices say academics

    Steve RandallMortgage Broker News While government agencies are trying to assess the whether foreign ownership of homes has a real impact on the market, a study by the Simon Fraser University in BC says that it has proof that it does. Business professor Andrey Pavlov and this team looked at data from a now-closed scheme […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 30-06-2016
    Real Estate Related

  7. Smaller businesses driving ‘condo office’ market to curb high leasing costs

    ?Evolving? demand means more firms looking to own rather than lease Evan B DugganThe Vancouver Sun Demand and investment are mounting in Metro Vancouver for strata office units as values for those assets reach levels comparable with residential condos in the region, say local experts and investors. In the past two years there has been […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 29-06-2016
    Real Estate Related

  8. No bubble here, says report from mortgage industry

    Organization warns of risks in changes to lending conditions GARRY MARRThe Vancouver Sun A Canadian mortgage industry group says there is no bubble in any Canadian housing markets and is warning the government against any changes in lending conditions that might derail the market. Will Dunning, the chief economist for Mortgage Professionals Canada, which represents […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 29-06-2016
    Real Estate Related

  9. Province ends real estate industry?s ability to self-regulate

    Naoibh O’ConnorVancouver Courier The B.C. government is ending the real estate industry’s right to self-regulate a day after a scathing report was released about practices within the sector — a report Finance Minister Mike de Jong called “illuminating and troubling.” Premier Christy Clark and de Jong made the announcement at a press conference Wednesday afternoon. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 28-06-2016
    Real Estate Related

  10. Vancouver mayor to tax vacant properties to ease housing market

    Ephraim Vecina Mortgage Broker News Speaking to reporters last week, Vancouver mayor Gregor Robertson announced his resolve to tax vacant residential properties and treat them as business investments instead to cool down the out-of-control price growth in the city’s housing sector. In a report by Reuters, Robertson stated that the city will wait until August […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 28-06-2016
    Real Estate Related
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