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  1. BC sets out plan to modernize housing approvals

    Housing report published Steve RandallREP The building approvals process in British Columbia is in need a makeover to make it more efficient. The Minister of Municipal Affairs and Housing initiated a review of the process at the Union of British Columbia Municipalities (UBCM) convention in 2018 and now the findings of that review are published […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-09-2019
    Real Estate Related

  2. BCREA Market Intelligence Report: Potential Uptake of the First-Time Home Buyer Incentive

    Potential Uptake of the First-Time Home Buyer Incentive BCREA Summary Findings: Evaluating the First-Time Homebuyer Incentive (FTHBI) based on its principle eligibility criteria, the highest potential uptake of the FTHBI would be in more affordable regions located outside of the Lower Mainland. In contrast, the lowest uptake would be in the Lower Mainland and Victoria, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-09-2019
    Real Estate Related

  3. Chinese house buyers in the US amount to only 1% of the $1.7 Trillion of total sales or down to $10B

    Chinese buyers dropping out of US housing market Kimberly Greeneother Estimates from Chinese real estate website Juwai.com reveal that US home sales to Chinese buyers are likely to drop to an eight-year low by next March, as the trade war between China and the US continues. Juwai is China’s largest international property website, hosting more […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-09-2019
    Real Estate Related

  4. Where Could a Median-Income Household Afford Real Estate in Canada?

    What you need to save to buy a home on a median income across Canada Penelope Graham other Housing affordability has long been a hot-button issue across Canada and will take centre stage in the upcoming October Federal Election as a top priority for voters. However, given the vast geographical size of the nation, and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-09-2019
    Real Estate Related

  5. Roslyn Ridge 84 single family homes at 23192 113B Avenue Maple Ridge by Morningstar Homes

    Roslyn Ridge homes will have plenty of room inside and out Simon BriaultThe Province There are many things to consider when buying a new-build home. The price is a big one. The floor plan is another. Then you have things like construction quality, the reputation of the builder, the fixtures and finishes and the completion […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-09-2019
    Real Estate Related

  6. Condo Smarts: Walk strata to determine accuracy of plans

    Walk strata to determine accuracy of plans Tony GioventuThe Province Dear Tony: We have an unusual problem in our strata corporation. We have several buildings and we are 308 units. Several owners have approached council with a complaint that their strata fees are not correct and want to know how to change them. We have […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-09-2019
    Strata Information

  7. BCREA: stress tests limiting impact of falling rates

    B-20 mortgage will see the qualifying rate hold steady Steve RandallCanadian Real Estate Wealth Mortgage rates are expected to remain at roughly their current level through to the end of 2020 according to a new forecast. The British Columbia Real Estate Association’s Economics team says that, notwithstanding any major changes to the economic landscape, the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-09-2019
    Real Estate Related

  8. Alberta augmented reality platform to facilitate easier buy-and-sell

    Reality platform is promising to make buying and selling homes in Alberta easier Ephraim VecinaREP A just-launched augmented reality platform is promising to make buying and selling homes in Alberta easier and more streamlined. Bōde Canada has recently announced the inauguration of its portal in Calgary and Edmonton. The platform, which will eventually cover the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-09-2019
    Real Estate Related

  9. Does the stress test need to be amended?

    Should the stress test have been introduced in the first place? Neil SharmaMortgage Broker News Andrew Scheer proposed extending amortizations for first-time homebuyers, loosening the stress test and eliminating it for renewals, but that might be unwise, say experts. The Canada Mortgage and Housing Agency’s CEO Evan Siddall previously noted that B-20 brought housing prices […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-09-2019
    Real Estate Related

  10. Avalanche of apartment buildings for sale hitting Metro Vancouver market

    ‘Unprecedented’ listings reflect landlord frustration with rent caps, soaring property taxes and regulations Frank O’BrienWestern Investor In the past few weeks, landlords have besieged Mark Goodman, a multi-family specialist with Vancouver’s Goodman Commercial Inc., wanting to list their properties for sale, including rare portfolios in Vancouver’s hottest rental neighbourhoods. “This is unprecedented,” said Goodman, who […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-09-2019
    Real Estate Related

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