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  1. Time to end the honour system in B.C. property purchases

    Douglas ToddVancouver Sun It’s time to end the “honour system” involving B.C. property purchases. Immigration and tax specialists say Metro Vancouver’s soaring house prices are being fuelled in part by people not telling the truth when they buy and sell houses. A side-effect is they are cheating B.C. and Canada of billions of dollars in […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-06-2016
    Real Estate Related

  2. Home prices, sales soar in suburbs

    Tsawwassen, Fraser Valley, Surrey seeing record increases over the same period last year The Province The suburbs are hot. New sales figures show the heat of the housing market isn’t confined within Vancouver’s city limits, with suburban areas showing the largest increases in average home prices over the last year, and some regions soaring by […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-06-2016
    Real Estate Related

  3. Brace for more housing shortages, warns Vancouver real estate guru Bob Rennie

    Jeff Lee The Province For more than a dozen years, Bob Rennie, Vancouver’s real estate guru, has annually taken the temperature of the city’s housing market and offered a numbers-numbing report to the Urban Development Institute. This year he’s calling it quits, but not before he delivered a bare-all speech Thursday as Vancouver continues to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-06-2016
    Real Estate Related

  4. Stability attracts Chinese investors to Canadian housing?analyst

    Ephraim VecinaCanadian Real Estate Wealth A combination of generous exchange rates and relative stability has made Canadian real estate markets irresistible to Chinese investors, according to a long-time industry analyst. In a NEWS 1130 report, Charlie Gillis of Maclean’s Magazine noted that in stark contrast to the situation back home, Chinese buyers are looking at […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-06-2016
    Real Estate Related

  5. Agent questions impact of foreign mortgages on Canadian debt levels

    Justin da RosaCanadian Real Estate Wealth Worries around national average debt numbers are overblown, according to one real estate veteran who argues the stats could be inflated by mortgages held by foreigners. “The national debt carried by Canadian consumers and the fact that Canada allows foreigners to borrow money for homes and that’s put into […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-06-2016
    Real Estate Related

  6. Sales data access can lead to more informed purchases

    Ephraim VecinaREP The Competition Tribunal’s recent ruling, which would compel professionals in the Toronto Real Estate Board’s jurisdiction to ensure public access to housing sales information, could actually lead to more informed purchases and less headaches on the realtors’ part, according to various observers. As reported by Nicole Bogart of Global News, granting would-be buyers […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-06-2016
    Real Estate Related

  7. Home Sales in BC to Peak in 2016 Before Slowing Next Year: BCREA Forecast

    Residential sales across the province predicted to climb 12.3 per cent this year; prices to rise 20.4 per cent this year and 3.4 per cent in 2017, says association Joannah Connolly Other Sales of homes across BC are forecast to reach a record 115,200 units this year, up 12.3 per cent from 2015, before pulling […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    02-06-2016
    Real Estate Related

  8. Record Breaking Housing Demand Sweeps BC

    BCREAOther Download Document

    By Les Twarog Vancouver Real Estate and Condo Blog
    02-06-2016
    Real Estate Related

  9. Oversight of British Columbia?s housing market is a sham with comments from REBGV

    GARY MASON, Dan MorrisonOther If you needed any further evidence of how badly broken and dysfunctional the real estate industry is in B.C., look no further than the case of Keith Roy. Until last month, Mr. Roy was a member of the professional standards committee of the Real Estate Board of Greater Vancouver. He has […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    02-06-2016
    Real Estate Related

  10. Leading lender curbs mortgages in Vancouver, Toronto

    Doug AlexanderOther Hot housing markets in Vancouver and Toronto prompted Bank of Nova Scotia to ease off on mortgage lending in those cities, Chief Executive Officer Brian Porter said. “We’re a little concerned about housing prices in the greater Vancouver area and Toronto,” Porter, 58, said Tuesday in an interview on Bloomberg TV Canada. “We […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-06-2016
    Real Estate Related

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