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  1. National home price index posts first February decline for 5 years

    Steve RandallCanadian Real Estate Wealth The two-month break in the downward trend for a national home price index has ended with the largest decline for February since 2013. The Teranet-National Bank HPI was down 0.13% in February compared to the previous month, after rising in January and December. The index tracks home prices relative to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 18-03-2018
    Real Estate Related

  2. BC Budget Tax Summery

    other If they are NOT a Permanent Resident OR Canadian Citizen; The Buyer is and will be, on the Completion Date, a “foreign entity” or a “taxable trustee” as defined in the British Columbia Property Transfer Tax Act (as amended) (collectively, the “Foreign Entity”). The Buyer is aware that the Property Transfer Tax Act, as […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 18-03-2018
    Real Estate Related

  3. Uninsured mortgages buck housing trends across country

    Doug Alexander and Erik HertzbergCanadian Real Estate Wealth Canada’s uninsured mortgage market reached an eight-year high in January as government steps to reduce taxpayer exposure to the housing market gain traction, according to data from the country’s banking regulator. Mortgages that don’t require homeowner insurance surged 19 percent from a year ago, accounting for about […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 18-03-2018
    Real Estate Related

  4. Landmark on Robson a twin tower development of 237 suites at 1400 Robson Street by ASNA Robson Landmark Holdings

    Landmark on Robson makes a statement in its downtown Vancouver location Michael Bernard The Vancouver Sun Landmark on Robson Project Address: 1400 Robson St., Vancouver Project Scope: At total of 237 suites in two concrete highrise towers with views of Coal Harbour, the North Shore Mountains, English Bay, Stanley Park and the city skyline.  Developer: […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 17-03-2018
    Real Estate Related

  5. Condo for 35 bitcoins? How one Canadian property agent brought cryptos to the real estate market

    Condos for bitcoins? One man is determined to make it work Naomi Powell The Vancouver Sun Derryn Shrosbree’s ideal real estate deal involves no agents, no lawyers or other intermediaries. In his mind’s eye, there is just a buyer, a seller and a lot of Bitcoin. So in February, Shrosbree listed his two-bedroom Mississauga condominium […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 15-03-2018
    Real Estate Related

  6. Kelowna latest municipality to raise the alarm about ‘damaging’ B.C. speculation tax

    Speculation tax backlash spreads Jennifer SaltmanThe Province The provincial government’s controversial real estate speculation tax is facing increasing opposition as elected officials in affected municipalities and regions across B.C. field hundreds of angry calls flowing in from a broad swath of affected individuals and groups such as the construction industry and developers. Local politicians across […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 15-03-2018
    Real Estate Related

  7. B.C. cracking down on suspicious real estate activity

    REP A new tipline is being set up to allow for anonymous complaints about suspicious real estate activities in British Columbia. Finance Minister Carole James says the tipline launched by the Real Estate Council of British Columbia will help improve consumer protection. Trained investigators will review each tip. They will then ensure appropriate action is […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 15-03-2018
    Real Estate Related

  8. ‘Secret’ document reveals government confusion about debt crisis

    Andy BlatchfordREP With a popular measure that shows Canadians’ soaring debt remains in record-breaking territory, the federal government has acknowledged internally there’s no way of knowing whether the burden has climbed too high. A recently released federal analysis, prepared for Finance Minister Bill Morneau, said the country’s household-debt-to-disposable-income ratio has been steadily rising since 1990, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 15-03-2018
    Real Estate Related

  9. Victoria realtor gets tepid response to speculation-tax home-selling ad

    Ad warning homeowners to sell before tax kicks in fails Kevin GriffinThe Province A Victoria realtor who wants people to sell their homes now, in order to avoid a proposed NDP speculation tax that would come into effect this taxation year, said he’s had a tepid response so far. Ron Bahrey said he’s only received […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 15-03-2018
    Real Estate Related

  10. New anonymous tipline for reporting real estate misconduct

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    By Les Twarog Vancouver Real Estate and Condo Blog
    on 15-03-2018
    Real Estate Legal Articles
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