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  1. Vancouver home sales continued lower last month

    Home sales in Metro Vancouver below long term norms Steve RandallREP Sales of homes in Metro Vancouver remained well-below long-term norms in September. The Real Estate Board of Greater Vancouver reported sales of 1,595 homes in the month, down 43.5% from a year earlier, 17.3% below August 2018 levels, and 36.1% below the 10-year average […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 02-10-2018
    Real Estate Related

  2. Are taxes behind housing’s astronomical price growth?

    According to insiders high prices due to government fees and taxes Neil SharmaCanadian Real Estate Wealth Homebuyers and investors have long groaned about escalating price points, attributing them to builder avarice. However, according to industry insiders, government fees and taxes are to blame. Michael DiPasquale, a CPA and COO of Dunpar Homes, says builders are […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 02-10-2018
    Real Estate Related

  3. Horgan government’s rent capping will likely hurt renters in the long run

    NDP’s rent capping will likely hurt renters Josef Filipowicz The Province In its latest move on the housing front, the B.C. NDP government last week pegged annual rent increases to inflation (estimated at 2.5 per cent in 2019), citing affordability concerns in Metro Vancouver and beyond. Indeed, average rents in B.C. were the highest of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 02-10-2018
    Real Estate Related

  4. BoC studying benefits, risks and potential impact of issuing digital currency

    The Bank of Canada is looking at the key questions around the design of a digital currency The Vancouver Sun The Bank of Canada is looking at the key questions around the design of a digital currency and the issues surrounding such an idea, a senior Bank of Canada official said Monday. However, deputy governor […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 01-10-2018
    Real Estate Related

  5. Look At What’s Happened To Demand For Vancouver Housing

    Greater Vancouver will be in a ?buyer?s market? within a few months Daniel Tencerother It’s safe to say Vancouver real estate has entered a new era, and it’s nothing like the old one. After a dismal summer, things appear to be headed for an even worse autumn. The city’s sales slump deepened in September, with […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 01-10-2018
    Real Estate Related

  6. Canadian housing affordability at 30-year-low says RBC

    A report shows affordability at lowest in Q2 2018 Steve RandallREP Canada’s housing affordability is at its worst level since 1990 and its going to get worse. A newly report from RBC Economic Research shows that its aggregate housing affordability measure was 53.9 in the second quarter of 2018, based on the share of household […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 01-10-2018
    Real Estate Related

  7. This new program could be worth $14K for homeowners

    EfficiencyBC will provide funds for energy efficient upgrades Steve RandallREP A new $24 million program has been launched in British Columbia to reward homeowners who improve their homes’ energy efficiency. EfficiencyBC and its partners – the federal government, BC Hydro, FortisBC, BC Housing and many local governments – will provide up to $14,000 to homeowners […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 01-10-2018
    Real Estate Related

  8. Holywell Properties offers sold prices online in Vancouver

    Interactive map provides years of MLS sold Prices REM Vancouver brokerage Holywell Properties is now putting sold prices online for homes sold through the MLS systems of Greater Vancouver, the Fraser Valley and Chilliwack and area on its website at Zealty.ca. The site’s interactive map provides MLS sold prices soon after they are provided to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 30-09-2018
    Real Estate Related

  9. Winona on Cambie 7638 Cambie Street 38 studio, one, two and three bedroom homes in a six-storey building by Raichu Development Group

    At Winona on Cambie, there are plenty of eye-catching elements Michael BernardThe Vancouver Sun Project: Winona on Cambie Project location: 7638 Cambie St., Vancouver Project Scope: 38 studio, one-, two- and three-bedroom homes, ranging from 418 to 2,109 square feet in a six-storey concrete building. Close to Winona Park, and Oakridge shopping centre, Langara Golf Course and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 29-09-2018
    Real Estate Related

  10. BC government to end “Wild West” real estate market

    B.C. launches new money-laundering review in real estate sector Steve RandallREP Money laundering in real estate and other sectors is the focus of a new two-pronged probe by British Columbia. The provincial government announced Thursday that its aim is to address the concerns raised about shady dealing in the sector and shut down avenues for […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 28-09-2018
    Real Estate Related
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