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  1. RE/MAX launches video series showing real homebuyers’ journeys

    HomeGoals series to launch in October Steve RandallCanadian Real Estate Wealth A new series of videos will go behind-the-scenes of Canadian homebuying and feature real homebuyers’ conversations as they prepare for their biggest purchase decision. RE/MAX’s #HomeGoals series will be hosted by YouTuber and social media personality Ashley Bloomfield and is scheduled to launch in […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 19-09-2019
    Real Estate Related

  2. Canadians’ wealth reduced as real estate gains are erased

    Canadian household worth less in 2018 Steve RandallCanadian Real Estate Wealth The average Canadian household was worth less in 2018 than in the previous year. The average net worth of $678,792 was down $7,594 (1.1%) in 2018 according to a study by Environics Analytics. While real estate values gained $6,336 (1.6%) other factors erased this […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 19-09-2019
    Real Estate Related

  3. Condo Smarts: Aging receivables should be routinely reviewed

    Aging receivables should be routinely reviewed Tony GioventuThe Province Dear Tony: We are a mid-sized condo building of 55 units. Our units are mostly retired owner-occupied as we have a very desirable location. At our annual meeting, we routinely have at least 50 per cent or more of the owners in attendance. This year at […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 19-09-2019
    Strata Information

  4. Buyers of new GTA homes face $222K in government charges

    New single-family home buyers pay higher taxes Steve RandallMortgage Broker News Buyers of newly constructed homes in the Greater Toronto Area pay some of the highest government charges in North America according to a new study. The analysis of taxes, fees, and other government charges across several North American metros shows that buyers of new […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 17-09-2019
    Real Estate Related

  5. Rental apartment market appears to be on rebound

    Investors? search for yield outweighs effect of more restrictive legislation EVAN DUGGANThe Vancouver Sun Investors’ appetite to buy rental apartments in the Vancouver region appears to be bouncing back after a first half to 2019 that saw many buyers waiting on the sidelines amid uncertainty in the market, one brokerage house says. Demand for apartment […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 17-09-2019
    Real Estate Related

  6. CREA Updates Forecast as August Home Sales and Prices Improve

    The national August housing numbers are in Penelope Grahamother The national August housing numbers are in, and they’re looking rosy; the latest data from the Canadian Real Estate Association points to sustained improvement across the country with sales up for a sixth consecutive month, prompting the board to improve its forecast for the remainder of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-09-2019
    Real Estate Related

  7. August saw more Canadian home sales as rates, prices ease

    August home sales improved from July Steve RandallMortgage Broker News There was an increase in Canadian home sales in August with a 1.4% improvement compared to July. New data from the Canadian Real Estate Association also shows an increase in actual (not seasonally adjusted) activity of 5% year-over-year. This puts sales 17% above the six-year-low […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-09-2019
    Real Estate Related

  8. Home sales expected to rebound in 2019, 2020 but only to average

    Low interest rates and employment growth stimulate home sales Steve RandallMortgage Broker News Canada’s population and employment growth, coupled with an expectation of enduring low interest rates, means home sales are forecast to improve over the next year or so. An updated forecast from the Canadian Real Estate Association calls for 482,000 unit sales in […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-09-2019
    Real Estate Related

  9. Commercial sales in the Lower Mainland slower than last year

    The Lower Mainland saw a slide in commercial real estate sales in Q2 Steve RandallREP The Lower Mainland saw a slide in commercial real estate sales in the second quarter compared to a year ago. The Real Estate Board of Greater Vancouver reported 407 commercial sales in Q2 2019 compared to the 604 sales of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-09-2019
    Real Estate Related

  10. Liberals if voted in will raise first time home buyers program mtg amount from $480K to $780K + add a 1% nation wide speculation tax

    ‘If you don’t vote for us, there’s nothing to help you.’ Neil SharmaMortgage Broker News Justin Trudeau announced his Liberal Party would expand the First-Time Home Buyer Incentive if elected—as well as implement a non-resident speculation tax nationwide—but it begs the question, why now? “I don’t know that anyone will object to it, but with […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-09-2019
    Real Estate Related
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