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  1. Toronto Real Estate Board foresees another year of double digit price increases

    Mortgage Broker News The Toronto Real Estate Board is expecting another year of double-digit price increases and a similar number of property sales to those last year. It says the average price for all types of housing is expected to rise to about $825,000 _ up from $730,472 in December and $729,922 for the 2016 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-01-2017
    Real Estate Related

  2. No end in sight for growth of demand in Vancouver rental sector – report

    by Ephraim VecinaCanadian Real Estate Wealth The latest Goodman Report on the apartment sector in Metro Vancouver highlighted the area’s lack of supply amid the ever-growing demand for rental housing in the city. “It’s anticipated that the regional population will increase by an average of 35,000 per year until 2040,” authors David and Mark Goodman wrote, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-01-2017
    Real Estate Related

  3. GTA has a crisis level inventory

    An interesting year ahead Justin da RosaREP Record prices and “crisis”-level inventory issues may well be the major storylines for this major market in 2017. Don’t expect Toronto’s record setting pace in 2016 slow down anytime soon, says the Building and Land Development Association (BILD) in its first report this year. “We have a shortage […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-01-2017
    Real Estate Related

  4. Foreign buyer tax amended

    Canadian Real Estate Wealth British Columbia’s premier has announced her government is amending its tax on foreigners buying property in Metro Vancouver. Christy Clark says the levy will be lifted for those who have a work permit and pay taxes in B.C., in order to encourage more people to come to the province.The 15 per […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-01-2017
    Real Estate Related

  5. No bubble for Vancouver says real estate leader

    Steve RandallCanadian Real Estate Wealth There is no bubble in the BC housing market despite some challenges in the year ahead. Eric Carlson, founder and CEO of Anthem Properties Group said that the Vancouver market is balanced rather than in bubble territory and predicted that there will be plenty of demand as more people move […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-01-2017
    Real Estate Related

  6. Zoocasa and competition in the Canadian real estate broker system

    Elton Ash ABR CRESother I have been involved in every facet of the real estate brokerage business for 33 years. Over those 33 years I have experienced a lot of change in our profession. Each time there is change there is also a huge fear and concern over that change. Naturally this is a purely […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-01-2017
    Real Estate Related

  7. Summit at 14058 61st Avenue Surrey 89 townhomes by Hayer Builders Group

    Private rooftop patios give spacious Summit townhomes the ?wow? factor Shawn ConnerThe Vancouver Sun Project: Summit Project location: 14058 61 Ave., Surrey Project size: 89 units with rooftop patios Residence size: 1,770 — 2,046 square feet Price: starting from $639,900 Developer: Hayer Builders Group Architectural design: Focus Architecture Interior design: Kleen Designs Website: hayerlifestyle.com Sales […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-01-2017
    Real Estate Related

  8. The Zuckerberg Effect: Qualities of a Good Boss

    Justyna Polaczykother Mark Zuckerberg is probably one of the most beloved leaders in the business world. With a whopping 99% approval rating from his employees, he seems to be more of a superhero than a regular boss. But the thing is that he looks just like an “everyday normal guy.” If you didn’t know that […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-01-2017
    Real Estate Related

  9. Housing red flags from RBC with more regulations expected

    Steve RandallREP Affordability in Vancouver and Toronto, the rental market balance in Calgary, and levels of multifamily construction in four major markets; all highlighted as significant risks to the housing market by RBC Economics. In its January Canadian Housing Health Check, economists highlight concerns about the market but say that overall there is “little indication […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-01-2017
    Real Estate Related

  10. World?s biggest real estate buyers suddenly short on cash

    other China’s escalating crackdown on capital outflows is sending shudders through property markets around the world. In London, Chinese citizens who clamored to purchase flats at the city’s tallest apartment tower three months ago are now struggling to transfer their down payments. In Silicon Valley, Keller Williams Realty says inquiries from China have slumped since […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-01-2017
    Real Estate Related

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