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  1. Ontario tribunal hands down ruling in appeal of Toronto Airbnb regulations

    The city’s rules regulating short-term rentals will remain in place Clayton JarvisCanadian Real Estate Wealth On October 15, Ontario’s Local Planning Appeal Tribunal (LPAT) concluded an appeal of Toronto’s short-term rental rules brought forth by landlords who charged that the almost two-year-old guidelines restrict their rights as property owners. On Monday, LPAT delivered its decision. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-11-2019
    Real Estate Related

  2. Wealthy homebuyers are choosing these global cities

    Vancouver ranked 44th in global cities for luxury homes Steve RandallCanadian Real Estate Wealth The luxury real estate market slowed in the third quarter of 2019 according to a new global index. The Knight Frank Prime Global Cities Index shows that 76% of the 45 cities included saw static or rising prices in Q3 2019 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    17-11-2019
    Real Estate Related

  3. Latimer Village 8242 200 Street Langley first two buildings with 100 homes on sale now by Vesta Properties

    Latimer Village the urban hub of master-planned Langley community Simon BriaultThe Vancouver Sun In 2013, Vesta Properties approached homeowners in the Carvolth neighbourhood of Langley with an offer to purchase and then develop their lots. Fast forward six years and a landmark master-planned community – the largest in the Fraser Valley – is beginning to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-11-2019
    Real Estate Related

  4. Squamish nation’s Kitsilano development promises to be transformative

    The Squamish Nation’s proposed 6,000-unit housing development for Kits Point promising Randy ShoreThe Vancouver Sun The Squamish Nation’s proposed 6,000-unit housing development for Kits Point promises to be transformative for the band’s members, the city and even local schools. “Lots of our members are interested in housing options at the site, both in rental and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-11-2019
    Real Estate Related

  5. New home price index launched to improve data availability

    Canadian home prices become more transparent with new index Steve RandallREP Information about Canadian home prices is about to become more transparent thanks to a new index. The Resale Residential Property Price Index has been created through a new collaboration between Teranet Inc., National Bank of Canada, and Statistics Canada. The three-way partnership has built […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-11-2019
    Real Estate Related

  6. Reverse mortgage growth fuelled by wealthier, more active seniors

    Canada’s reverse mortgage is the fasters-growing debt Ephraim VecinaMortgage Broker News Canada’s reverse mortgage debt grew by 1.33% month-over-month in August to reach yet another new high of $3.83 billion, according to latest data from the Office of the Superintendent of Financial Institutions. This represented a 26.23% annual increase, with $50.63 million of the total […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-11-2019
    Real Estate Related

  7. Richard Robbins Video on REBGV October 2019 Market Update

    Richard Robinsother Richard Robbins Video on REBGV October 2019 Market Update   00:01 – Hey everyone, Richard Robbins here. 00:02 Well, the numbers are in for the real estate board 00:04 of Greater Vancouver, and I got nothin’ but good news. 00:09 Maybe one little piece of bad news, 00:11 but other than that, all […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-11-2019
    Real Estate Related

  8. Housing market ‘normalization’ continues in British Columbia

    Signs point to market returning to normal conditions Steve RandallREP The housing market in British Columbia has seen tough times since the introduction of the mortgage stress tests and other market-cooling measures. But there are continued signs that the market is returning to more normal conditions according to stats from the British Columbia Real Estate […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    14-11-2019
    Real Estate Related

  9. Three Canadian cities among NA’s 10 most expensive retail streets

    Vancouver?s Robson Street ranks 7th with rent for retail space Steve RandallCanadian Real Estate Wealth With retailers under increasing pressure from online competitors, crippling rents are frequently a major cause of financial issues. For retailers in Canada, operating from stores on the top shopping streets looks relatively affordable compared to some global peers; although three […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    14-11-2019
    Real Estate Related

  10. Strata insurance coverage is limited to the cause

    Limiting risk for one owner may raise it for others Tony GioventuThe Province Dear Tony: Our strata corporation renewed its insurance policy in October. Our deductible was increased from $25,000 to $100,000 and our policy has increased from $69,000 to $121,000. The increase will impose an eight-per-cent increase in our annual budget without any other […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    14-11-2019
    Strata Information

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