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  1. Canada?s housing in ?extreme bubble? says ex-Lehman exec

    Financial institutins say they are prepared for a price correction Steve RandallREP A former executive of Lehman Brothers says that Canada’s housing market is building to a huge bubble surpassing that in the US when its bubble burst. Jared Dillian told Mauldin Economics that with average national home prices above $500,000, average income of $40,000 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-08-2016
    Real Estate Related

  2. Changes coming to BC real estate industry

    Mortgage Broker News British Columbia real estate has been making headlines for the past few years, due mostly to the seemingly endless price growth in its largest city, Vancouver. But it’s another – somewhat related – story that has caught the eyes of mortgage brokers and other industry professionals alike: A report from an independent panel charged with reviewing the province’s real estate industry […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-08-2016
    Real Estate Related

  3. Changes coming to BC real estate industry

    Mortgage Broker News British Columbia real estate has been making headlines for the past few years, due mostly to the seemingly endless price growth in its largest city, Vancouver. But it’s another – somewhat related – story that has caught the eyes of mortgage brokers and other industry professionals alike: A report from an independent panel charged with reviewing the province’s real estate industry […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-08-2016
    Real Estate Related

  4. Shaughnessy Heights Property Owners Association News

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    By Les Twarog Vancouver Real Estate and Condo Blog
    30-08-2016
    Real Estate Related

  5. Record slump in Canadian house price confidence

    Surging Bets on Canadian Home-Price Decline Dent Confidence Greg QuinnMortgage Broker News Canadians may finally be getting skittish about real estate. The share of survey respondents who expect a decline in local housing prices jumped by 8.5 percentage points, the most since weekly polling began three years ago for the Bloomberg Nanos Canadian Confidence Index. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    29-08-2016
    Real Estate Related

  6. Next steps for real estate board amalgamation announced

    Justin da RosaREP Further details have been revealed around British Columbia’s forthcoming real estate board unification. “To provide all BC real estate boards with sufficient time to fully engage members and ensure they have enough information to make an informed decision, the member vote will be held on Tuesday, December 6, 2016,” the British Columbia […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    29-08-2016
    Real Estate Related

  7. Trump Tower impacted by 15 per cent Vancouver tax

    Foreign buyers of units in Holborn Properties? Trump Tower in Vancouver could pull out as a result of the city?s 15 per cent tax on foreign buyers. Steve Randall Mortgage Broker News The developer says that it has a small percentage of foreign buyers but is concerned that some may not close the deal due […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    29-08-2016
    Real Estate Related

  8. Kings Crossing 7350 Edmonds Street Burnaby 779 homes in 3 buildings by Cressey Development Group

    Cressey?s Kings Crossing ready to make regal mark CLAUDIA KWANThe Vancouver Sun Project name: Kings Crossing by Cressey Project location: 7350 Edmonds St., Burnaby Project size: 779 homes in three concrete construction towers, 28 — 36 storeys Residence size: 1 — 3 bed, 543 — 1,200 sq ft Prices: from $412,900 Developer: Cressey Development Group […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-08-2016
    Real Estate Related

  9. Airbnb offering $250 for new hosts in rental-squeezed Vancouver

    SHORT-TERM RENTALS: Promotion coincides with report to be delivered by city staff at the end of September JEFF LEE The Province With more than 4,200 registered listings in the Vancouver area, Airbnb has been blamed for constricting an already squeaky-tight rental market. But the company is still on the hunt for new hosts — and is now offering cash […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-08-2016
    Real Estate Related

  10. Too soon to judge tax on foreigners, B.C. says as house sales stall

    MLS figures show house sales in Metro Vancouver have slowed dramatically Sam Cooper The Province The B.C. government says it is premature to judge the effect of its foreign buyer tax, even as figures show that sales of detached houses in Metro Vancouver have plunged since the tax was introduced on Aug. 2. “It’s too soon to conclude how the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-08-2016
    Real Estate Related

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