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  1. 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
    on 05-11-2018
    Real Estate Related

  2. 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
    on 05-11-2018
    Real Estate Related

  3. Rate hike could spur activity

    Interest rate to increase ? buy now Neil SharmaREP The latest interest rate hike might not preclude more buyers—especially first-timers—from the market, it might signal a rush to get into the market while they still can. “I think it’s already started,” said REMAX INTEGRA’s Christopher Alexander, vice president and regional director for Ontario-Atlantic Region. “Condos […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 04-11-2018
    Real Estate Related

  4. Metro Vancouver 27% below average, inventory at 4-year high

    REBGV reports sales down 34.9% Steve RandallCanadian Real Estate Wealth Home sales in Metro Vancouver continued to run well below their long-term historical averages in October. The Real Estate Board of Greater Vancouver reported sales of 1,966 homes, down 34.9% year-over-year but up 23.3% compared to September 2017’s 1,595. October’s sales were 26.8% below the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 04-11-2018
    Real Estate Related

  5. Belle Isle 2060 Curling Road North Vancouver 88 stacked townhomes from 534 to 2182 square feet by Citimark

    Belle Isle offers residents a ‘beautiful new neighbourhood’ in convenient North Vancouver location Simon Briault The Vancouver Sun Belle Isle WHAT: Belle Isle is a collection of 88 stacked townhomes at Lions Gate Village, a new master-planned community on the corner of Marine Drive and Capilano Road in North Vancouver. WHERE: 2060 Curling Road WHEN: […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 02-11-2018
    Real Estate Related

  6. Hiring the right Realtor is an important first step in today?s real estate market

    Navigating Metro Vancouver?s housing market with the right REALTOR Michael BernardThe Vancouver Sun Navigating Metro Vancouver’s housing market can feel daunting, especially when market conditions are changing. In 2018, the region’s housing market has been in a transition from a seller’s market to one that favours buyers. If you’re considering entering the market, you’ll want […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 01-11-2018
    Real Estate Related

  7. New GTA condo prices up 11% despite increased supply

    Greater Toronto area condo prices up Steve RandallCanadian Real Estate Wealth Condo prices continue to rise in the Greater Toronto Area even as new supply eases inventory pressures. The average selling price of actively-marketing projects in the third quarter of 2018 was $745 per square foot, up 11% year-over-year. For unsold units, asking prices gained […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 01-11-2018
    Real Estate Related

  8. Maintaining common property is the responsibility of the strata

    Common property a responsibility of the strata Tony Gioventu The Province Dear Tony: Our council hired a contractor to clean our gutters and roof areas, as we have several large maple trees around our property. The contractor removed the debris from the upper areas and simply dumped it on our balconies and patios. The council […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 01-11-2018
    Strata Information

  9. Interest rate hikes cost average Canadian household $2,500

    BoC interest rate hikes causing concern Steve RandallCanadian Real Estate Wealth Recent interest rate hikes by the Bank of Canada have increased costs for Canadian households but they may not feel the full impact for some time. According to a blog post by Environics Analytics, the average cost of the hikes so far to average […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 30-10-2018
    Real Estate Related

  10. Realty One Group enters Canadian real estate market

    Edmonton first for Realty One Group Mario ToneguzziREM Realty One Group, an established U.S. real estate brand, is aiming to expand aggressively across Western Canada. Shami Sandhu, formerly broker at Re/Max River City in Edmonton, has secured the rights to Realty One Group of Western Canada and plans to expand the brand to as many […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 28-10-2018
    Real Estate Related
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