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  1. Liberals unveil affordable housing strategy

    Justin da RosaCanadian Real Estate Wealth The government announced Wednesday a 10-year, $40 billion National Housing Strategy aimed at improving housing affordability for Canadians. “Everyone deserves a safe and affordable place to call home. Canada’s first ever National Housing Strategy is a once-in-a-generation vision to reduce homelessness, support community housing and shelter spaces, and address […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    21-11-2017
    Real Estate Related

  2. Vancouver office sale prices already approaching red-hot condo costs

    Ephraim VecinaCanadian Real Estate Wealth The sum involved in a just-concluded office sale in Vancouver has pushed the city’s commercial property segment towards a direction that has left industry observers bewildered with its pace. In early November, the 30-storey Waterfront Centre by Bosa Development sold out in a week for over $2,000 per square foot. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    21-11-2017
    Real Estate Related

  3. Major department stores struggle to remain relevant

    Sears gone, Hudson?s Bay selling flagship stores as major retailers blindsided by changing shopping environment Glen Korstrom Western Investor Sears Canada plans to close all its stores and liquidate its assets in the lead-up to the holiday season. Hudson’s Bay Co. (HBC) is selling its flagship New York and Vancouver stores. The sales are in […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    20-11-2017
    Real Estate Related

  4. $36.2 million North Vancouver estate sets new record

    Steve RandallCanadian Real Estate Wealth A North Vancouver estate has set a new record with a price tag of $36.2 million. Sotheby’s Realty Canada has listed the estate at 2250 Indian River Crescent as a single parcel for the first time although it is a three-title property of more than 14 acres. The extensive land […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-11-2017
    Real Estate Related

  5. Marriott considers capitalizing on Vancouver’s luxury hotel potential

    Marriott Canada floats idea of opening a Ritz-Carlton and a W hotel in to maximize on the city’s lodging market Glen KorstromWestern Investor Marriott International Inc. is letting hotel owners know that it is interested in opening several new luxury hotels in Vancouver even though the company just opened two luxury hotels in the city’s […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-11-2017
    Real Estate Related

  6. Reeling Home Capital Group eyeing presence in commercial sector

    Neil SharmaMortgage Broker News Home Capital Group’s $30mln third-quarter net income is substantially less than it was during the same period last year, but the embattled lender claims it’s on the cusp of becoming a major player again. Thanks to considerable capital inflow from Berkshire Hathaway, Home Capital’s President and CEO Yousry Bissada says significant […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-11-2017
    Real Estate Related

  7. Pacific Heights by Foxridge Homes 16752 18th Avenue Surrey 28 single-family homes

    Customizable luxury at South Surrey’s Pacific Heights Simon Briault The Vancouver Sun Pacific Heights by Foxridge Homes Project location: 16752 — 18 Ave., Surrey Project size: 28 single-family homes with four or five bedrooms, starting at 3,082 square feet and priced from $1,479,900. Developer: Foxridge Homes Interior designer: First Impression Design Sales centre: 16752 — […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-11-2017
    Real Estate Related

  8. B.C. real estate watchdog bans controversial practice of ‘dual agency,’ despite industry objections

    B.C. real estate regulator bans dual agency Dan FumanoThe Province Over objections from the industry, B.C.’s real estate regulator will prohibit the controversial practice of dual agency — where a single realtor represents both the seller and buyer in a transaction — saying the ban will improve transparency and protect consumers. The dual agency ban […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-11-2017
    Real Estate Related

  9. Second + Main 180 East 2nd Avenue 233 homes in a 12-storey building by Create Properties

    Second + Main reflects the comforts of home Mary Frances HillThe Province There’s the rigor of work, there’s the comfort of home and there’s the good fortune of Lucas van den Berg, who recognized the warmth and familiar features of his own home while at work as development manager at Second + Main, a residential […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-11-2017
    Real Estate Related

  10. How to Avoid the New Mortgage “Stress Test”

    Joannah ConnollyREW Home buyers in BC and across Canada are bracing themselves for strict new qualification rules coming into force in January for mortgage applicants who have more than 20% as a down payment. Those buyers will have to undergo the same “stress test” that was introduced a year ago for buyers who have less […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-11-2017
    Real Estate Related

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