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  1. Altus Group launches new edition of investment platform

    ARGUS Cloud investment tool enhanced Ephraim VecinaMortgage Broker News Altus Group has announced the latest edition of its ARGUS Cloud commercial real estate investment tool, which will feature new cloud-enabled solutions and capabilities. Introduced late last year, the centralized storage platform helps industry clients with their decision-making processes by facilitating collaboration and improving the efficiency […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-04-2019
    Real Estate Related

  2. B-20 unquestionably pulled down national sales – economists

    The stress test has about 40,000 fewer home sales Ephraim VecinaMortgage Broker News While it was a well-intentioned policy crafted in a time of seemingly uncontrollable price growth in Canada’s largest housing markets, B-20 actually led to approximately 40,000 fewer home sales nationwide (on an annual basis) during the final quarter of last year, according […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-04-2019
    Real Estate Related

  3. Moving Checklist: Handy Guide for Moving House

    Moving is one tough slog. This list will help you get the whole process under control Andrea NazarianREW Moving house is not something most people look forward to. It’s a huge disruption of your life and it requires endless coordination and organization. We put this guide together to help you remember everything you have to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-04-2019
    Real Estate Related

  4. Redfin launches to “fantastic response” in Vancouver

    Redfin Vancouver to cover Delta to Whistler Steve RandallCanadian Real Estate Wealth Redfin has expanded its reach in Canada to a second city, launching in Vancouver with a team of full-service agents and a 1% listing fee. The Seattle-based real estate brokerage firm launched its first Canadian office in Toronto earlier this year and plans […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-04-2019
    Real Estate Related

  5. Here’s What The Bank Of Canada Says Is The Real Reason For The Housing Slowdown

    Don’t blame government policy. We kind of did this to ourselves Daniel Tencer other For months now, the real estate industry has been telling us that Canada’s mortgage stress test is the primary cause of the housing slowdown in Greater Toronto and Greater Vancouver. The test is never far from the top of any real […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-04-2019
    Real Estate Related

  6. The Income Group You Need to Be in to Buy a Home in these Canadian Cities

    The Income Group You Need to Be In To Buy a House or Apartment Across Canada Penelope Grahamother Looking to purchase a home in one of Canada’s biggest cities? You’ll need to be among the highest echelon of income earners to do so in the most competitive markets, according to new data from Zoocasa. The numbers […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-04-2019
    Real Estate Related

  7. Intergenerational wealth transfer will buoy housing market

    Mom and Dad’s wealth will help children buy homes Neil SharmaREP While activity in the housing market has cooled, it will be spry within a decade. “There’s an intergenerational wealth transfer coming in the next, probably, 10 years and that will go a significant way towards helping comparatively younger people afford housing in the future,” […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-04-2019
    Real Estate Related

  8. Under 3% of Vancouverites can afford a house

    Only the top 2.5% on income earners can afford a house Neil SharmaMortgage Broker News Only the top 2.5% of income earners can afford the benchmark price for a Vancouver house. Assuming a 20% down payment at a 3.75% mortgage rate on a 30-year amortization, a recent Zoocasa report revealed it takes an income of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-04-2019
    Real Estate Related

  9. Millennial demand will not be deterred by high prices

    Canada’s largest cities attracting millennials Ephraim VecinaMortgage Broker News Housing demand among Canadian millennials in the country’s urban markets is still poised to grow despite elevated costs, according to recent analysis by RBC Economic Research. This is especially true in the largest cities, which “continue to be magnets for young, mobile talent.” “The number of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-04-2019
    Real Estate Related

  10. BoC predictions for next year are far too optimistic – observer

    Bank of Canada off mark on financial market predictions Ephraim VecinaMortgage Broker News The Bank of Canada is considerably off the mark in its financial market predictions for 2020, David Doyle of Macquarie Group has argued. Specifically, the banks projections for Canada’s economic performance next year are considerably more positive than what is warranted by […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-04-2019
    Real Estate Related

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