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  1. Canadian markets next year will look like…

    Vancouver?s added market tax bad news Neil SharmaREP Depending on which part of Canada you live in, 2019 is either a year to look forward to or one to dread. Beginning with Toronto, Sotheby’s International Realty Canada’s President and CEO Brad Henderson expects more of the same next year, but with a caveat. “There will […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 05-12-2018
    Real Estate Related

  2. B-20 Stress Test (Bill 20) is doing more harm than good – totally Shut down the Vancouver market

    B-20 now doing more harm than good ? builders Ephraim VecinaREP Canada’s federal government should consider easing on the B-20 regulations, which mandated considerably stricter mortgage borrowing stress tests, introduced earlier this year. The Canadian Home Builders’ Association argued that the rules are now doing more harm than good to the market, especially to millennials […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 05-12-2018
    Real Estate Related

  3. Investors have little to fear of a housing meltdown

    A study has found that the real estate market has robustness Ephraim VecinaCanadian Real Estate Wealth Would-be investors who remain wary of the Canadian real estate market’s price growth should take a measure of comfort in the results of a new study conducted by Chartered Professional Accountants of Canada (CPA Canada). The research found that […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 05-12-2018
    Real Estate Related

  4. Bank of Canada makes key interest rate announcement

    Key interest rate unchanged, BoC Canadian Real Estate Wealth The Bank of Canada is leaving its key interest rate unchanged, as expected, at 1.75 per cent. This morning’s announcement comes in the wake of a move by the Alberta government to curtail oil production in the province after Jan. 1 to try to clear a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 05-12-2018
    Real Estate Related

  5. Vancouver real estate sales and prices down to more ‘historical’ levels, board says

    Metro Vancouver home sales and prices down to more ‘historical’ levels, says real estate board The Province The head of the city?s real estate board says homebuyers have taken a wait-and-see approach in 2018 Both sales and prices for Metro Vancouver homes have dropped in what the head of the Real Estate Board of Greater […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 05-12-2018
    Real Estate Related

  6. Metro Vancouver home sales down 42.5% in November

    Following October?s slight uptick, November?s transactions are hit with double-whammy of cooling market and slower season Joannah ConnollyWestern Investor   October may have shown a slight uptick in Metro Vancouver home sales since September’s dismal activity, but the latest statistics from the Real Estate Board of Greater Vancouver show that transactions dropped again November. There […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 03-12-2018
    Real Estate Related

  7. 6137 Collingwood Place to be auctioned off in Hong Kong

    Premier Vancouver estate to be auctioned to int’l investors Ephraim VecinaCanadian Real Estate Wealth A high-end property in Vancouver’s premier West End district will be put up for sale to the highest international bidder as part of Concierge Auctions’ December sale. The single-family, multi-level 6137 Collingwood Place, which boasts of a design by legendary Vancouver […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 03-12-2018
    Real Estate Related

  8. Multiple factors will weigh upon Canadian housing next year

    A cocktail of pressures drag down Canadian residential market Ephraim VecinaREP A potent cocktail of pressures will drag down the Canadian residential market well into 2019, according to the latest Quarterly Financial Report new report by the Canada Mortgage and Housing Corporation. In the study covering the quarter ending September 2018, the CMHC stated that […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 03-12-2018
    Real Estate Related

  9. Stack Tower to meet ‘net zero carbon’ emissions

    Vancouver office tower to showcase latest green innovations Ephraim VecinaCanadian Real Estate Wealth A 36-storey office tower touted by its developers as the tallest commercial building in Vancouver to date will feature the latest innovations to meet the “net zero carbon” emissions standard – a major step in Canada’s long-term program to combat the worst […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 03-12-2018
    Real Estate Related

  10. Naive politicians will keep Metro Vancouver tenants in turmoil

    New legislation may end up harming the tenants it’s designed to help Frank O’BrienWestern Investor The Metro Vancouver area is a tough environment for tenants and it is about to get a whole lot worse because provincial and civic politicians are rushing to help. The provincial government was the first to bring in naive legislation […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 02-12-2018
    Real Estate Related
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