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  1. MODE at 3438 Sawmill Crescent 257 homes in a 25 storey tower between Kerr Street and Boundary Road by Wesgroup

    River District project has every amenity for work and play Kathleen FreimondThe Vancouver Sun There’s a reason Wesgroup Properties’ new residential tower in Vancouver’s River District is called MODE—the 25-storey building’s 9,000 square feet of amenities will include a range of dedicated spaces for everything from work, movie screenings, yoga and gardening to places to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-08-2019
    Real Estate Related

  2. The Commonage at Predator Ridge 100 Mashie Crescent Vernon 58 semi-detached homes by Wesbuild Holdings Ltd

    New phase at The Commonage expands Predator Ridge Michael BernardThe Vancouver Sun While segments of the Metro Vancouver real estate market experience a general slowdown in listings and prices, the maturing neighbourhood of Predator Ridge near Vernon has enjoyed a steady sales season this year, say those marketing the residential lots and move-in ready homes […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-08-2019
    Real Estate Related

  3. Canadian house prices will pick up in 2020 say economists

    Home prices are set to be flat for the rest of this year Steve RandallCanadian Real Estate Wealth Home prices are set to be flat for the rest of this year before picking up in 2020. A panel of economists and analysts convened by Reuters says that lower mortgage rates and strong economic conditions will […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    23-08-2019
    Real Estate Related

  4. One MLS system to serve 22 boards and Associations in Ontario – merger to happen in 2020

    One MLS system to serve 22 boards Sohini BhattacharyaREM “We talk about disruptors in the industry, but if you’ve been around in the industry long enough, you realize that the greatest disruptors are our members themselves,” says Bill Duce, executive officer of the Kitchener-Waterloo Association of Realtors. Duce was part of the team that recently […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    23-08-2019
    Real Estate Related

  5. Canadian Retail Sales – August 23, 2019

    Canadian retail sales were unchanged in June BCREA Canadian retail sales were unchanged in June, as stronger sales across most sub-sectors were offset by lower sales at motor vehicle and parts dealers and gasoline stations. Retail sales were down in 4 of 11 sub-sectors in June, representing 48% of sales. Provincially, Saskatchewan reported the largest decline (-2.7%) […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    23-08-2019
    Real Estate Related

  6. Vacancy taxes prompt sale of luxury condos in Downtown Vancouver

    Costs pushing some owners to sell off luxury dwellings in downtown Vancouver John Mackie The Province If you’re in the market for a luxury condo in Downtown Vancouver, you’ve got a lot of choice. There are 15 condos for sale at Trump Tower on 1151 West Georgia St., priced from $1.298 million to $5.88 million. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    23-08-2019
    Real Estate Related

  7. Unrest in Hong Kong fuels speculation of spike in ‘re-return migration’ to Canada

    Chaos, unrest making return more enticing Douglas Quan The Vancouver Sun As riot police clashed with protesters in Hong Kong in recent days, it focused attention on the estimated 300,000 Canadian passport holders — most of them Hong Kong-born — who live in the port city and fuelled speculation of a surge in “re-return migration” […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    22-08-2019
    Real Estate Related

  8. Condo Smarts: Plan ahead to avoid special levies

    Plan ahead to avoid special levies Tony GioventuThe Province Dear Tony: We sold our condo in Burnaby in February. At the time of the sale, we were instructed to pay for a special levy that was due over the next three years as a special levy to increase the contingency reserve fund. As part of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    22-08-2019
    Strata Information

  9. Mortgage originations declined in second quarter says TransUnion

    Fewer mortgages applied for in Q2 Steve RandallREP There was a continued decline in mortgage originations in the second quarter of 2019. Originations fell 8.9% year-over-year with younger Canadians (18-25 years) showing a 13.4% drop according to the Q2 2019 Industry Insights Report from TransUnion Canada. Although the report acknowledges the multi-factor impacts on mortgage […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    21-08-2019
    Real Estate Related

  10. The Decrease in The Bank of Canada’s Mortgage Stress Test is Great News

    When it comes to mortgages, a few percentage points can make a big difference Sam KamraREW We invited the mortgage experts from mortgagecalculator.ca to talk a little bit about the Bank of Canada’s recent lowering of the mortgage stress test percentage rate. Enjoy this great read full of useful information and tips for new buyers and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    21-08-2019
    Real Estate Related

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