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  1. Presale condo cancellations also apparent in Vancouver

    Developers cancel pre-sale agreements Ephraim VecinaMortgage Broker News Amid reports about the rash of presale condominium cancellations in Toronto, a similar phenomenon has also become apparent in Canada’s other red-hot market. In Vancouver, two high-profile examples of such projects that were cancelled for various reasons include Vivagrand’s 72-unit Langara West situated at Cambie Street, and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    22-04-2018
    Real Estate Related

  2. Lily Terrace 23203 Francis Avenue For Langley 24 one and two bedroom homes by Lanstone Homes

    Boutique build adds modern touch at Fort Langley?s Lily Terrace Michael BernardThe Vancouver Sun Project: Lily Terrace Project Location: 23203 Francis Ave., Fort Langley Project Scope: 24 one- and two-bedroom residences ranging from 1,015 sq. ft. to 1,659 sq. ft. with a mix of heritage elements in historic village of Fort Langley. An easy walk […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    20-04-2018
    Real Estate Related

  3. Strata council can’t make a policy change to how notice is issued or received

    Council can?t change policy Tony GioventuThe Province Dear Tony: Our strata council and strata manager have sent the following notice to owners advising that the only way we can give notice or request any items from the strata corporation is through the property manager.  The council claim they have made a policy change with the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-04-2018
    Strata Information

  4. Fraser Commons 725 Southeast Marine Drive 363 homes in the complex by Serracan Properties

    A Fraser Commons Interior designer plays all the traditional shapes and angles to give rooms a refreshed look Mary Frances HillThe Province Fraser Commons Where: 725 Southeast Marine Drive What: 363 one-to-three-bedroom homes Residence sizes and prices: Remaining homes include two – and three-bedroom units ranging from 738 to 1,066 sq. ft; starting at $772,900 for a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-04-2018
    Real Estate Related

  5. Interest rate will change in the near future

    A question of when, not if Andy BlatchfordREP For the Bank of Canada these days, it’s all about timing. The central bank stuck with its benchmark interest rate of 1.25 per cent Wednesday as it continued along a careful process of determining the appropriate juncture for its next hike. “Governing council has agreed that, over […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-04-2018
    Real Estate Related

  6. Developers cancel projects they started when construction was cheaper and pre-sales were less lucrative

    Escalating costs imperil development Natalie WongREP Builders in Toronto’s frenzied condo market are walking away from giant towers they have pre-sold, reflecting a rougher road to profits — and leaving buyers in the lurch. Soaring construction costs and condo values in Canada’s largest city, where prices have surged amid a booming economy and strong immigration, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-04-2018
    Real Estate Related

  7. B.C. market sustains sustain upward trend in prices

    Ephraim VecinaCanadian Real Estate Wealth Home sales in British Columbia plummeted last month compared with March of last year, but the B.C. Real Estate Association stated that the decline was not reflected in prices. Sales figures released by the association for March showed that 7,409 homes changed hands last month, a decline of 24.6% over […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    17-04-2018
    Real Estate Related

  8. Review of real estate regulators to strengthen protections

    Real Estate Council of BC examined other The Province is launching a review of B.C.’s real estate regulators to make sure that British Columbians are effectively protected, announced Finance Minister Carole James.  “Buying and selling property can be stressful, and people need to trust the professionals they are working with,” said James. “Our duty as […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    17-04-2018
    Real Estate Related

  9. Bank of Canada makes interest rate announcement

    Bank of Canada Interest Rate Announcement Andy BlatchfordCanadian Real Estate Wealth The Bank of Canada is maintaining its trend-setting interest rate as its careful assessment of the timing of future hikes continues amid a backdrop of moderating growth. The central bank, which kept its rate at 1.25 per cent Wednesday, said slower first-quarter growth of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    17-04-2018
    Real Estate Related

  10. Hungerford Properties purchases 15.5 acres on Marine Drive

    Acquisition of 12.5 acre site formerly owned by Walmart represents, in square footage, largest private sale in Vancouver in 10 years Naoibh O’ConnorWestern Investor Hungerford Properties has acquired two large industrial sites on Marine Drive totalling 15.5 acres — a 12.5 acre site at 86 Southeast Marine Dr. formerly owned by Walmart and a three-acre […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-04-2018
    Real Estate Related

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