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  1. The Canadian ‘ghost towns’ where vacant homes are rising

    Vancouver had 25,000 vacant homes in 2016 Steve RandallMortgage Broker News The share of Canadian homes that are unoccupied has been steadily rising according to a new report. Point2Homes says that in 2016, 8.7% of Canadian homes were vacant, up from 8.4% in 2006 and 7.8% in 2001. The analysis of government data on vacant […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-08-2019
    Real Estate Related

  2. Canadian home sales gain as lower rates help offset stress test

    Canadian home sales up in July Steve RandallMortgage Broker News There was a 3.5% rise in Canadian home sales in July compared to June and unadjusted activity was up 12.6% year-over-year. But despite gains – which took sales to around 15% above the 6-year low recorded back in February, sales are still lagging the highs […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-08-2019
    Real Estate Related

  3. BC housing demand has improved says BCREA

    BC residential sales up in July Steve RandallCanadian Real Estate Wealth The British Columbia housing market showed improvement in July with residential sales up 12.4% year-over-year. The latest assessment of the market from the British Columbia Real Estate Association reveals 7,930 home sales through the MLS system in July. The average residential price in the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    14-08-2019
    Real Estate Related

  4. Argyle Burke Mountain 64 four-to-six bedroom single-familly homes at 1441 Argyle Street Coquitlam by Infinity properties

    Argyle Burke Mountain offers plenty of variety Kathleen FreimondThe Province Prospective homebuyers have plenty of options at Argyle, a new-home development in Coquitlam’s Burke Mountain neighbourhood. Two construction companies – Benchmark Homes and Distrikt Homes – will build 64 single-family homes in Infinity Properties’ new subdivision. Benchmark will build on 57 lots, while Distrikt will […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    14-08-2019
    Real Estate Related

  5. Canadian Real Estate Close to Sellers’ Market in July: CREA

    July sales were up for the fifth consecutive month Penelope Grahamother A jump in annual sales and a decline in new supply put the squeeze on national real estate in July, pushing conditions to the brink of a sellers’ market. Transactions rose for the fifth month in a row with a 12.6% year-over-year increase, and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    14-08-2019
    Real Estate Related

  6. Rules on strata surplus funds designed to protect owners

    Rules on surplus funds designed to protect owners Tony GioventuThe Province Dear Tony: I sold my strata lot on June 3 and as a condition of the sale, the buyer agreed if there were any refunds from the $3.5 million special levy we paid in 2017, they would authorize the payment to be directed to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    14-08-2019
    Strata Information

  7. Tech start-up raises $22m for aggressive Canadian expansion

    ‘Properly’ buying and selling homes in Calgary Neil SharmaREP A new real estate start-up uses machine learning in lieu of sales agents and so far the results are promising. Properly, which is Toronto-based but only operates in Calgary for the time being—although it plans to launch in Edmonton in the fall and more cities next […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    13-08-2019
    Real Estate Related

  8. Residential sales across B.C. up 12.4% from last year: BCREA

    Average home price has slipped but total dollar volume is up more than 10 per cent Joannah ConnollyWestern Investor With home sales making a significant year-over-year jump in the Lower Mainland in July, residential transactions for the whole of B.C. followed suit, according to stats released August 13 by the B.C. Real Estate Association (BCREA). […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-08-2019
    Real Estate Related

  9. SEAandSKY 134 townhomes in phase two at 1500 Highway 99 by BlueSky Properties and Kingswood Properties

    SEAandSKY community of homes showcase natural beauty of Squamish Simon BriaultThe Vancouver Sun BlueSky Properties and Kingswood Properties are set to be a big part of that transformation. The two companies are collaborating on a new master-planned community in Squamish called SEAandSKY.  “Our two families — the Bosa family and the Segal family — have […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    10-08-2019
    Real Estate Related

  10. RE/MAX agents in Western Canada are getting new digital tools

    The booj Platform to enhance agent-client relations Steve RandallCanadian Real Estate Wealth Acquiring and deepening client relationships is at the heart of a new suite of digital products being rolled out to RE/MAX agents, brokers, and teams. The booj Platform has been created in association with the network’s affiliates and includes tools for digital branding […]

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

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