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  1. Coquitlam council and developer clash over Fraser Mills details

    City says Beedie’s numbers on homes and park space in huge redevelopment of former mill site are still subject to public consultation Gary McKennaVancouver Courier The City of Coquitlam is pushing back against several assertions made by a developer about its plans for the Fraser Mills site in southwest Coquitlam. During a presentation last week […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-11-2018
    Real Estate Related

  2. A year?s free mortgage attracts buyers to Langley development

    Incentives attractive in cooler market caused by reduced job, population growth Glenda Luymes The Vancouver Sun First-time homebuyers leaped at the chance to live mortgage-free for one year in response to a Langley developer’s offer to make their mortgage payments. The savvy marketing move by Kerr Properties, the developers behind The Landing, 78 one- and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-11-2018
    Real Estate Related

  3. BCREA 2018 Fourth Quarter Housing Forecast

    Canadian Housing Starts ? BCREA BCREA Canadian housing starts increased 9 per cent on a monthly basis in October to 205,925 units at a seasonally adjusted annual rate (SAAR).  The trend in Canadian housing starts continued to moderate lower, averaging 206,000 units SAAR over the past six months. In BC, total housing starts rebounded slightly […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-11-2018
    Real Estate Related

  4. Eligible voters should have chance to discuss proposed resolutions

    The Strata Property Act does not permit mail-in ballots Tony Gioventu The Province Dear Tony: Our strata council has decided to avoid holding a meeting to discuss a major change in the use of our property. We are a gated community and the current council doesn’t want to pay for the gate maintenance any longer […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-11-2018
    Strata Information

  5. 50 Electronic Avenue 358 homes at 50 Electronic Avenue Port Moody by Panatch Group

    50 Electronic Avenue part of a transformation in Port Moody?s core Michael BernardThe Province 50 Electronic Avenue What: 358 homes ranging from one- to four-bedroom units in two six-storey wood-frame buildings Where: 50 Electronic Avenue, Port Moody Residence size and prices: From $459,000 for a one-bedroom home; from $649,900 for a two-bedroom home and $879,000 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-11-2018
    Real Estate Related

  6. Vancouver expects $30 million in first year of empty homes tax

    Empty homes tax goes to affordable housing Canadian Real Estate Wealth The City of Vancouver says it has collected $18 million from the first year of its empty homes tax and another $12 million could still flow into its coffers. The city says in a news release that it expects to generate a total of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-11-2018
    Real Estate Related

  7. Two downtown Vancouver office buildings acquired for $57.5M

    Two Class A office properties in Gastown and Yaletown have been purchased by Toronto-based Allied Properties Real Estate Investment Trust Tanya CommissoWestern Investor Two Class A office buildings in downtown Vancouver have been acquired by a Toronto-based real estate manager and developer for $57.5 million.  Allied Properties Real Estate Investment Trust has entered into an […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-11-2018
    Real Estate Related

  8. Slight bump for “more balanced” Fraser Valley market

    Inventory up, prices up in Fraser Valley Steve RandallREP There was an 11.6% rise in home sales in the Fraser Valley in October compared to September. Year-over-year sales remained subdued with the 1,155 sales through the MLS system of the Fraser Valley Real Estate Board representing a 35.8% decrease from October 2017. But the monthly […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-11-2018
    Real Estate Related

  9. Mixed-use $250M Capital Park project 355 Menzies Street Victoria begins to rise

    Huge multi-phased development close to B.C. Legislature in capital’s downtown will have offices, commercial and residential uses Carla Wilson Western Investor Construction is starting on the new Capital Park Residences at a six-acre, mixed-use James Bay project. “It’s the last piece of the puzzle,” said Brian McCauley, president and chief executive of Concert Properties, which […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-11-2018
    Real Estate Related

  10. B.C. home prices will flatline over next two years: forecast

    Housing market in 2019 and 2020 will be characterized by slower sales and more home inventory, says CMHC Joannah ConnollyWestern Investor The next two years in B.C. residential real estate will continue to see lower sales and higher inventories of homes available for purchase than in recent years, according to a forecast released November 6 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-11-2018
    Real Estate Related

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