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  1. Home sales fall further in August: CREA

    Nationally home sales have declined for the 4th month Justin da RosaCanadian Real Estate Wealth National home sales have declined for the fourth straight month, according to the Canadian Real Estate Association.On a national level, sales fell 3.1% month-over-month in August. However, they were up 10.2% year-over-year. Sales were down in 60% of the country’s […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-09-2016
    Real Estate Related

  2. Canadian home sales drop 3% as Vancouver market ?brakes more abruptly than anticipated?

    Home sales in Vancouver that dropped 18% after the foreign-buyer tax was brought in are weighing down the national index The Vancouver Sun OTTAWA — The Canadian Real Estate Association says national home sales dropped 3.1 per cent in August from July for the fourth straight monthly decline, as some markets have started to slow […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    14-09-2016
    Real Estate Related

  3. Vancouver’s empty homes tax to be self-declared, up to 2 per cent of value

    The empty homes tax to be in place in 2017 Mortgage Broker News Vancouver is proposing to tax homeowners by as much as two per cent of assessed value for units that they declare as vacant. Mayor Gregor Robertson announced new details of the tax ahead of its introduction to city council next week, with […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    13-09-2016
    Real Estate Related

  4. BC housing ?Demand remains strong?

    The ?average? price has dropped due to fewer high-end home sales Justin da RosaREP The province may have recorded fewer sales and lower prices, but B.C.’s real estate board remains optimistic. “The decline in the average home price was due to a change in the composition and location of homes sold in the province,” Cameron […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    13-09-2016
    Real Estate Related

  5. Vancouver’s empty homes tax to be self-declared, up to 2 per cent of value

    The empty homes tax to be in place in 2017 Canadian Real Estate Wealth Vancouver is proposing to tax homeowners by as much as two per cent of assessed value for units that they declare as vacant. Mayor Gregor Robertson announced new details of the tax ahead of its introduction to city council next week, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    13-09-2016
    Real Estate Related

  6. Fintrac found ‘significant’ deficiencies at nearly 500 real estate firms

    Canada?s anti-money laundering agency conducted on-site examinations between 2012 and June 2016 Alexandra PosadzkiMortgage Broker News Canada’s anti-money laundering agency conducted on-site examinations of more than 800 real estate companies over four-and-a-half years and found “significant” or “very significant” deficiencies during 60 per cent of those visits, new data shows. A document obtained by The […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    13-09-2016
    Real Estate Related

  7. Vancouver prepares to enact empty homes tax

    Plan is to put tax in place by 2017 and tax 10,800 homes Glen Korstrom Vancouver Courier Vancouver’s long discussed tax on empty homes is inching closer to reality. Mayor Gregor Robertson held a Sept. 14 press conference to discuss the tax, which Vancouver city council is expected to discuss and enact next week. The […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    13-09-2016
    Real Estate Related

  8. Safety concerns start with police

    Sex offender has a right to live in strata Tony Gioventuother Dear Tony: No one in our strata has been prepared to talk about this issue, but we have found out we have a convicted sex offender living in our townhouse complex. Our strata is predominantly families and seniors. We think the council knew six […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    13-09-2016
    Strata Information

  9. National revenue minister asks CRA to investigate B.C. real estate speculators

    Canadian Real Estate Wealth   National Revenue Minister Diane Lebouthillier has asked the Canada Revenue Agency to look into the actions of real estate speculators in B.C. following a newspaper investigation. The Globe and Mail reported on the weekend that some foreign investors allegedly profit in buying homes in B.C. while evading taxes.The federal minister […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-09-2016
    Real Estate Related

  10. BC Housing Demand Remains Strong Despite Fewer Vancouver Home Sales

    other The British Columbia Real Estate Association (BCREA) reports that 8,945 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August, up 1.5 per cent from the same month last year. Total sales dollar volume was $5.1 billion in August, down 6.7 per cent compared to the previous year. The average MLS® […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-09-2016
    Real Estate Related

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