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  1. GTA market is approaching “full blown affordability crisis” : CIBC economist

    Mortgage Broker News The Greater Toronto Area (GTA) market is “fast approaching a full-blown affordability crisis,” according to research published by the Canadian Imperial Bank of Commerce (CIBC) on Thursday. “Until 2016 the combination of strong demand and lack of supply generated a robust, but relatively predictable path of house price appreciation in the GTA. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 19-03-2017
    Real Estate Related

  2. Land shortage, economy prompt surge in B.C. commercial real estate sales

    Geordon OmandThe Vancouver Sun A shortage of land and a growing economy fuelled a 47-per-cent surge in the value of commercial real estate sales across British Columbia’s Lower Mainland in 2016, says the head of the region’s real estate board. Figures released Monday by the Real Estate Board of Greater Vancouver show sales involving commercial […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 19-03-2017
    Real Estate Related

  3. CREA 2016 Annual Report

    CREAother The 2016 Annual Report from CREA can be view in its entirety HERE

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 18-03-2017
    Real Estate Related

  4. Juniper at 2632 Library Lane North Vancouver 58 homes in a 5-storey low-rise by Polygon

    Polygon’s Juniper attracting a range of homebuyers SIMON BRIAULTThe Vancouver Sun   Juniper at Timber Court Project location: 2632 Library Lane, North Vancouver Project size: 68 homes, one to three bedrooms, between 638 and 1,147 square feet, priced from $479,900 to $809,900 Developer: Polygon Juniper Homes Ltd. Architect: Raymond Letkeman Architects Inc. Interior designer: Polygon […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 18-03-2017
    Real Estate Related

  5. 5 key takeaways from CREA’s latest release

    Justin da RosaREP Trends agents need to know about in the constantly evolving real estate industry. Toronto has major impact on overall stats February sales were up in 70% of all markets, according to the Canadian Real Estate Association, but the national increase was largely driven by increased activity in the Greater Toronto Area and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-03-2017
    Real Estate Related

  6. Simple alterations can be messy without bylaw enforcement

    Owners need permission for changes that affect other lots Tony Gioventu The Province Dear Tony: We live in a 26-unit townhouse complex in the Tri Cities. Unlike conventional side-by-side townhouses, we have one of top of the other. Thirteen enter their units from the lower road to a garage, and 13 through the upper road […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-03-2017
    Strata Information

  7. Kindred 600 East 3rd Street North Vancouver 96 homes in two 5 storey buildings by Fairborne Homes

    Modern meets mid-century in North Vancouver?s Moodyville neighbourhood Mary Frances HillThe Province Kindred What: 96-home development that will comprise two five-storey buildings of one- and two-bedroom homes in the Moodyville neighbourhood of North Vancouver, a few blocks east of Lonsdale Quay Where: 600 Block East 3rd Street, North Vancouver Residence sizes and prices: 617 — 1,108 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-03-2017
    Real Estate Related

  8. CREA releases monthly housing stats

    REP The hot real estate market in Toronto and the surrounding areas helped push home sales up last month to their highest mark in nearly a year. The Canadian Real Estate Association says home sales though its MLS system hit their highest level since last April, gaining 5.2 per cent in February compared to January. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 14-03-2017
    Real Estate Related

  9. The Federal Reserve has raised its benchmark interest rate

    Fed rate decision comes in Martin CrutsingerCanadian Real Estate Wealth The Federal Reserve has raised its benchmark interest rate for the second time in three months and signalled that any further hikes this year will be gradual. The move Wednesday reflects a consistently solid U.S. economy and will likely mean higher rates on some consumer […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 14-03-2017
    Real Estate Related

  10. Can the recent mortgage rules be reversed?

    Justin da Rosa Mortgage Broker News Gary Mauris, president of Dominion Lending Centres has been hard at work educating the government about just how disastrous last October’s mortgage rule changes have been for potential home buyers.  And he hopes his efforts will lead to a reversal or, at the very least, tweaks to some of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 13-03-2017
    Real Estate Related
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