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  1. Policy change doesn?t sit well with strata

    Tony GioventuThe Province Dear Tony: I am on our strata council and deeply concerned over a policy change the property manager has imposed on us. They have provided us with a policy that prescribes how bylaw complaints are filed: they must be in writing or they will not be addressed by council. Several council members […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-06-2017
    Strata Information

  2. BoC?s Wilkins hints at interest rate rise

    Steve RandallCanadian Real Estate Wealth The next policy move from the Bank of Canada could be a rise in interest rates. Senior deputy governor Carolyn Wilkins spoke at the Asper School of Business yesterday and said that there are some good signs in the economy, including adapting to lower oil prices, growth in a range […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-06-2017
    Real Estate Related

  3. Vancouver, Toronto housing heading for severe downturn

    Steve RandallREP Canada’s hottest housing markets are heading towards a severe downturn according to Capital Economics’ David Madini. The economist warns that the rise in sales in Vancouver is a temporary jump while the slowdown in Toronto’s larger market is indicative of a price correction. Madini says that the impact is likely to be felt […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-06-2017
    Real Estate Related

  4. Bank of Canada says next move likely an interest rate hike

    REP The Bank of Canada offered its strongest signal yet that it’s ready to raise interest rates as the economy gathers steam, in surprise comments that sent the Canadian dollar and bond yields soaring. In a speech Monday, Senior Deputy Governor Carolyn Wilkins highlighted how the nation’s recovery is broadening across regions and sectors, giving […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-06-2017
    Real Estate Related

  5. City Announces 11,500 New Homes for Cambie Corridor

    Joannah Connolly REW The Cambie Corridor is set to get a massive influx of new housing, with 11,500 new homes planned under Phase 3 of the area’s redevelopment, the City announced Monday June 12. The draft plan is the City’s first to introduce below-market rental housing as part of its housing policy. Of the 11,500 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-06-2017
    Real Estate Related

  6. Bowker Collection 2285 Bowker Avenue Oak Bay 43 homes in a 4 storey midrise by Abstract Developments

    BOWKER COLLECTION A NOD TO ITS OAK BAY NEIGHBOURHOOD Kathleen FreimondThe Vancouver Sun Bowker Collection Project address: 2285 Bowker Avenue Project city: Oak Bay Developer: Abstract Developments Architect: Cascadia Architects Interior designer: Nygaard Interior Design Project size: 43 suites; six commercial units Bedrooms: One and two bedrooms Unit size: 734 – 2,001 square feet Price: […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    10-06-2017
    Real Estate Related

  7. Joyce 5050 – 5080 Joyce Street 256 homes in a 30-storey tower by Westbank

    At Westbank?s Joyce, the look will be more than a little striking Shawn ConnerThe Vancouver Sun Joyce, a 30-storey tower by Westbank, is set to be built next to the Joyce-Collingwood SkyTrain station. Joyce?s 256 homes will feature huge windows, as shown in this artist?s rendering, letting in abundant natural light. Westbank?s Michael Braun says […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    10-06-2017
    Real Estate Related

  8. Household debt, housing market has become riskier

    Steve RandallCanadian Real Estate Wealth The Bank of Canada has reported its Financial System Review and warned that household debt and the housing market have both increased in vulnerability over the last 6 months. Governor Stephen Poloz said that “the financial system remains resilient, and macroeconomic conditions continue to improve.”Household debt increases have been driven […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-06-2017
    Real Estate Related

  9. BMO CEO downplays housing risk, says market ‘essentially heals itself’

    Alexandra PosadzkiREP TORONTO, The Bank of Montreal’s CEO is downplaying the consequences that would come from a possible correction in house prices, saying the real estate market “essentially heals itself.” “I’ve been involved in banking and house lending for almost four decades, and there have been periods where house prices have risen very rapidly and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-06-2017
    Real Estate Related

  10. Poor record keeping can present problems with alteration agreements

    Poor record keeping can cause issues Tony GioventuThe Province Dear Tony: We purchased a great two-bedroom condo in False Creek in 2016. At the time of the purchase, we requested all the documents for the past five years, engineering reports and a Form B Info Certificate.  After we completed our review, our lawyer reviewed the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-06-2017
    Strata Information

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