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  1. Legions 13525 106th Avenue Surrey a 20 storey mixed use building and a 26 storey condo tower by Lark Group

    Surrey, Burnaby properties will combine veteran facilities with market housing Frank O’BrienWestern Investor As D-Day ceremonies captured attention June 6, veteran members at two of the 28 Royal Canadian Legion branches in Metro Vancouver were celebrating joint venture real estate deals that will improve facilities and provide a mix of affordable and market housing. In […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 11-06-2019
    Real Estate Related

  2. Beware of real estate investment schemes promising tax write-offs, warns CRA

    Fraudulent schemes lure investors with false promise of huge tax write-offs – and those who invest could face prosecution Joannah ConnollyWestern Investor Canadians should beware of a spate of real estate investment schemes that falsely promise a significant tax write-off, according to a warning from the Canada Revenue Agency (CRA). The federal taxation agency also […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 10-06-2019
    Real Estate Related

  3. May housing starts cause for concern?

    CMHC says housing starts slowed in May REP Canada Mortgage and Housing Corp. says the pace of housing starts slowed in May. The housing agency say the seasonally adjusted annual rate of housing starts slipped to 202,337 units in May, down 13.3 per cent from 233,410 units in April. Economists on avearge had expected an […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 10-06-2019
    Real Estate Related

  4. Market collapse appears less likely says RBC

    A market report from real estate boards recovery underway Steve RandallCanadian Real Estate Wealth Last week’s market reports from real estate boards including those in Vancouver and Toronto show that there is recovery underway with even the tough market conditions in Vancouver suggesting a bottoming-out. This is unlikely to end calls for the mortgage stress […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 10-06-2019
    Real Estate Related

  5. Vancouver commercial investment is not having a good 2019 so far

    Commercial asset investment in Vancouver is weak Ephraim VecinaCanadian Real Estate Wealth Aside from a surging office market, commercial asset investment in Vancouver has been weak so far this year, according to new research by Altus Group. A total of 322 commercial transactions were completed in the market during the first quarter, shrinking by 49% […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 10-06-2019
    Real Estate Related

  6. Down payments are the biggest fear for first-time buyers

    A poll showed that 57% of first time buyers concerned about the down payment Steve RandallREP Having a sufficient down payment to afford the home they want is the largest concern of first-time buyers according to a new survey. The poll of recent homebuyers by mortgage insurer Genworth Canada and real estate brokerage Royal LePage […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 09-06-2019
    Real Estate Related

  7. Sotheby’s International Realty Canada franchise rights sold

    Peerage Realty partners acquire Sotheby’s international Realty Canada Steve RandallREP The real estate-focused business of investment firm Peerage Capital is to acquire the franchise rights of Sotheby’s International Realty Canada. Through a wholly owned subsidiary, Peerage Realty Partners will acquire the rights from a subsidiary of Dundee Corporation. The transaction is expected to close around […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 09-06-2019
    Real Estate Related

  8. Vancouver condo launches picked up steam in May after slow April

    Developers launched more condo projects in May Josh ShermanLivabl Lower Mainland developers launched more condo projects across the Vancouver area and the Fraser Valley in May following a slower April, MLA Advisory reports. MLA Advisory, the research branch of condo marketers MLA Canada, says 10 condo projects started selling units last month, compared to seven […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-06-2019
    Real Estate Related

  9. Developer postpones pre-sales for high-rise towers in Burnaby and Coquitlam

    New Burnaby and Coquitlam projects were unable to pre-sell 50 per cent of their units Joanne Lee-YoungThe Province Vancouver developer Ledingham McAllister is putting on hold the launch of pre-sales for three high-rise, transit-hub condo towers in Burnaby and Coquitlam, and is considering a pause on a fourth. The total value of the projects — […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-06-2019
    Real Estate Related

  10. Condo Smarts: Strata act spells out rules regarding interest

    Strata act spells out rules regarding interest Tony GioventuThe Province Dear Tony: Our strata corporation has just issued its final accounting report on a special levy that was collected over two years for a major building upgrade. The account collected $3.8 million and shows every strata lot owner as paid; however, there was a significant […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-06-2019
    Strata Information
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