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  1. The C.D. Howe Institute say Vancouver?s buyer tax was detrimental to the market

    Institute argues against foreign buyer tax Justin da RosaREP Vancouver’s tax influenced a 40% drop in transactions – but it wasn’t just foreigners who accounted for that cooling, according to one research institute The C.D. Howe Institute is imploring Ontario to avoid implementing its own foreign buyer tax, arguing Vancouver’s was detrimental to that market.  […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-04-2017
    Real Estate Related

  2. Waterfall 2425 Beta Avenue Burnaby Lumina Brentwood?s 802 Units in first tower of 39-stories by Thind Properties

    Options abound at Thind Properties’ Lumina Brentwood Michael BernardThe Vancouver Sun Lumina Brentwood Project Address: 2425 Beta Ave., Burnaby Project Scope: Lumina will bring almost 1,000 new homes to the Brentwood neighbourhood. Its first tower, Waterfall, features one-, two-, and three-bedroom suites. Close to rapid transit, a revamped Brentwood Mall, grocery stores and restaurants, parks […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    14-04-2017
    Real Estate Related

  3. Mill District 82 homes at 2555 Ware Street Abbotsford by Heinrichs Developments

    Mill District blends traditional with contemporary Mary Frances HillThe Province Mill District What: A total of 82 homes, 41 units in each of two six-storey-high wood-frame buildings in Abbotsford’s Mill Lake neighbourhood Where: 2555 Ware St., Abbotsford Residence sizes and prices:  Remaining homes range from one-bedrooms to three-bedrooms, 684 — 1,404 sq. ft.; one-bedrooms start from $299,900; $489,900 for […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    13-04-2017
    Real Estate Related

  4. Bank of Canada announces interest rate unchanged

    REP The Bank of Canada held its trendsetting interest rate unchanged on Wednesday, despite a recent run of stronger-than-expected data, saying it believes the economy has yet to show it can stick to the higher growth trajectory. In holding the rate at 0.5 per cent, the central bank said it also considered significant uncertainties still […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-04-2017
    Real Estate Related

  5. Housing starts jump to decade high

    Steve RandallREP The trend measure of Canadian housing starts was higher again in March, the third consecutive month of increases. The rise to 211,342 units – up from 205,521 in February – was the highest level since September 2007 CMHC reported Monday. However, there were some clear regional differences. “Stronger residential construction at the national […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-04-2017
    Real Estate Related

  6. Noisy Neighbours: The Law Behind Condo Noise Complaints

    Neil ManganREW Do you have noisy neighbours disturbing your peace? Or perhaps you want to play music but are getting complaints? Strata law expert Neil Mangan has advice from all the angles Of all the compromises that come with condo ownership, living with noise might be the biggest. Whether you have a neighbour with creaky […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-04-2017
    Real Estate Related

  7. Juniper at Timber Court 2632 Library Lane North Vancouver a 5-storey low-rise with 248 homes by Polygon

    Polygon?s low-rise homes offer buyers a cosy haven from stresses of city life Mary Frances Hill The Province Juniper at Timber Court What: 68 homes in a low-rise wood-frame development, the first of four planned residential buildings by Polygon in Lynn Valley to be collectively called Timber Court Where: 2632 Library Lane, North Vancouver Residence sizes […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-04-2017
    Real Estate Related

  8. RBC chief “increasing concerned” over housing market

    Steve RandallREP The housing markets in Toronto and Vancouver require government intervention the chief executive of RBC said Thursday. Dave McKay said that he is “increasingly concerned” about the two hottest Canadian housing markets citing high demand, low supply and low interest rates among the “unhealthy combination of factors” that are concerning. He told shareholders […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-04-2017
    Real Estate Related

  9. Homes sold in 2016 now need to be reported on taxes

    Ephraim VecinaCanadian Real Estate Wealth Canadians who have sold their homes last year have been mandated to report the transaction to the Canada Revenue Agency. Income tax returns should now include basic information surrounding such a transaction, the description of the property, the year of purchase, and any proceeds of the sale. “If you’ve always […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-04-2017
    Real Estate Related

  10. RBC’s Dave McKay calls for real estate policy action from all sectors

    Justin da RosaCanadian Real Estate Wealth CEO calls on entire industry, as well as government officials, to come together to determine solutions. “Longer term, I believe all parties need to come together — governments, developers, realtors, banks, community groups and others — to accelerate our progress in finding policies and solutions for this issue,” said […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-04-2017
    Real Estate Related

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