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  1. No easy answer on what constitutes ‘average’ strata fees

    Little clarity on ‘average’ strata fees Tony Gioventu The Province Dear Tony: Thank you for your column a few weeks ago regarding the obligation to maintain common property. We spoke to our property manager regarding the walkways and driveways in our townhouse complex and he advised because the areas are not defined on the strata […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 15-11-2018
    Real Estate Related

  2. Ovation 813 Carnarvon Street New Westminster 204 one, two and three bedroom homes by Domus Homes

    At 32 storeys, Ovation is sure to attract attention Kathleen FreimondThe Province Ovation What: 204 one-, two-, and three-bedrooms and two-level ‘city’ homes Where: 813 Carnarvon Street, New Westminster Residence size and prices: 482 to 1,344 square feet; one-bedrooms from the low $400,000s; two-bedrooms from the mid $600,000s; three-bedroom sky homes from the low $1,100,000s; […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 15-11-2018
    Real Estate Related

  3. Subprime lending – as well as the risk that comes with it – is growing in Canada?s hottest real-estate markets

    Distress Sale: Borrowers Sinking Jen St. Denisother With its slightly kitschy but homey pine-panelled interior, stunning view of the ocean and backyard swimming pool, it’s easy to imagine a family living in the four-bedroom home on Russet Way in West Vancouver. But today the house is empty, a court notice affixed to the door, the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 14-11-2018
    Real Estate Related

  4. Balanced Conditions Prevail in BC Housing Market

    Balanced conditions remain for BC markets BCREA The British Columbia Real Estate Association (BCREA) reports that a total of 6,405 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in October, down 26.2 per cent from the same month last year. The average MLS® residential price in BC was $690,161, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 13-11-2018
    Real Estate Related

  5. Province tackles housing crisis in 42 communities

    4,900 new units to be built over three years for renters from a range of income Amy SmartThe Province The B.C. government is funding 4,900 new affordable rental units to be built in the next three years as part of its efforts to tackle a housing crisis across the province. The units will include both […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 13-11-2018
    Real Estate Related

  6. Another Canadian city contemplates foreign buyer tax

    Montreal?s renters might suffer from a foreign buyer?s tax Neil SharmaCanadian Real Estate Wealth These days, Montreal is riding high—the city`s economy is surging and so is its real estate market—but that’s inevitably attracted interest from foreign buyers whom the mayor fears is driving unaffordability. Valerie Plante, elected mayor last year, wants to follow Vancouver […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 13-11-2018
    Real Estate Related

  7. Metro Vancouver’s industrial supply is lagging demand

    There is a high demand for industrial units in Metro Vancouver Steve RandallCanadian Real Estate Wealth High demand for industrial units in Metro Vancouver is outpacing new supply and driving rental rates higher. With an ongoing record low vacancy rate of less than 2%, even a 5% growth in inventory (more than 9.2 million square […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 13-11-2018
    Real Estate Related

  8. Downtown Vancouver has highest average price per square foot

    Vancouver No. 1 in most expensive area to buy a home Duffie OsentalCanadian Real Estate Wealth According to survey conducted by Century 21, Greater Vancouver comes up on top as Canada’s most expensive metropolitan area to buy a home. Vancouver has eight neighbourhoods in Canada’s top ten most expensive areas in price per square foot, […]

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

  9. B.C. sets up new condo registry

    Pre-sale agreements must be registered Duffie Osental Mortgage Broker News British Columbia is tackling tax evasion in condominium sales by setting up a registry that tracks a project’s pre-sales transactions and ownership history. According to a Bloomberg report, the information collected by the new online database, which will include the terms of such transactions and […]

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

  10. Canadian Real Estate wealth’s Property Forecast issue will be out in December

    2019 forecast release in December Neil SharmaCanadian Real Estate Wealth Canadian Real Estate Wealth’s Property Forecast issue will be out in December, and after this year’s real estate market turbulence, readers will breathe easier next year. The theme that will likely carry through the year is cautious optimism, as market fundamentals throughout the country will […]

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