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  1. Threshold for B.C. homeowner grant raised to $1.6-million

    Homeowners grant limit upped to $1.6 million GEORDON OMAND The Globe and Mail British Columbia residents whose homes are valued at up to $1.6-million will now be eligible for a reduction on their annual property-tax bill. The provincial government announced the change Tuesday, days after many residents were surprised by dramatic increases in the assessed […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 09-01-2017
    Real Estate Related

  2. The Belmont at Heritage 22084 Fraser Highway Langley 55 condos in a 4 level wood frame building by Infinity Properties

    Meeting the demand in Langley Michael BernardThe Vancouver Sun   The Belmont at Heritage Project Address: 22084 Fraser Highway, Langley Project Scope: 55 condominium homes ranging from one- to three-bedroom units in a four-level wood-frame building. Situated in the historic Langley community of Murrayville, about 45 minutes drive to Vancouver, but self-sufficient with major supermarket, community […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-01-2017
    Real Estate Related

  3. Vancouver home sales crash by nearly 40 per cent

    Ephraim VecinaCanadian Real Estate Wealth In its latest set of data releases, the Real Estate Board of Greater Vancouver revealed that sales volume in the city suffered a massive decrease of nearly 40 per cent year-over-year in December (22 per cent month-over-month). This accompanied similar drops in home listings compared to November 2016 numbers, with […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-01-2017
    Real Estate Related

  4. Home inspector ordered to pay $18,645 to buyer

    Martin RumackREM An Ontario case, Rimmer v. Building Insights Inc., may give some comfort to potential buyers – but it probably keeps home inspectors awake at night. It features a home inspector who was ordered to pay almost $19,000 to a buyer who hired him, all because he reported on a significant defect verbally, rather […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-01-2017
    Real Estate Related

  5. Canadian housing to become even more attractive to foreigners

    Ephraim VecinaCanadian Real Estate Wealth While Canadian real estate has long been attractive to enterprising Asians and Europeans who are looking to invest or park their wealth into overseas housing, an analyst stated that the long-running loonie-greenback exchange rate might make homes in Canada even more enticing for foreigners. Vestcap Investment Management senior portfolio manager Lyle […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-01-2017
    Real Estate Related

  6. Tighter scrutiny of yuan conversion might disrupt Canadian real estate activity

    Ephraim VecinaMortgage Broker News New rules implemented by the Chinese government on those who are looking to exchange for yuans into foreign currencies might lead to a noticeable slowdown in the Canadian housing market, in which overseas investors are now playing a major part. Beginning this month, mainland authorities will now be requiring documents providing details […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-01-2017
    Real Estate Related

  7. Interest rates and market-cooling policies to have clashing effects – analysts

    Ephraim Vecina Mortgage Broker News Climbing interest rates along with recently enacted policies intended to moderate runaway price growth will introduce a strong element of unpredictability into the Canadian housing market this year, according to various observers. “2017 is likely to see a tug of war between rising longer-term interest rates and market-cooling policy measures pulling […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-01-2017
    Real Estate Related

  8. It?s prudent to spell out details in council meeting?s minutes

    Prudent to spell out details in council minutes Tony Gioventu The Province Dear Tony: Our strata council and property manager have had the habit of recording a simple ending to each council decision. MSC: motioned, seconded, carried. Several council members are unhappy with this as they want the owners to know they sometimes disagree and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 05-01-2017
    Strata Information

  9. It?s prudent to spell out details in council meeting?s minutes

    Prudent to spell out details in council minutes Tony Gioventu The Province Dear Tony: Our strata council and property manager have had the habit of recording a simple ending to each council decision. MSC: motioned, seconded, carried. Several council members are unhappy with this as they want the owners to know they sometimes disagree and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 05-01-2017
    Strata Information

  10. It?s prudent to spell out details in council meeting?s minutes

    Prudent to spell out details in council minutes Tony Gioventu The Province Dear Tony: Our strata council and property manager have had the habit of recording a simple ending to each council decision. MSC: motioned, seconded, carried. Several council members are unhappy with this as they want the owners to know they sometimes disagree and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 05-01-2017
    Strata Information
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