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  1. Christies International chief expects global downturn in 2021

    Once the next US president is sworn in, things are likely to take a turn Steve RandallMortgage Broker News A global recession would bring challenges for the global real estate market but it is unlikely next year according to one major firm’s leader. Dann Conn is chief executive officer of Christies International Real Estate and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-11-2019
    Real Estate Related

  2. Residential site in Vancouver’s Shaughnessy sold for $12.7M

    Land parcel totalling nearly an acre, in Vancouver’s most exclusive neighbourhood, has potential for 85 rental units Mark Goodman Western Investor Breakdown: Property type: Residential development site Location: 1464 West 32nd Street and 4750 Granville Street, Vancouver Property size: 37,938 square feet Zoning: RS-5 (low-rise residential) Potential: 85 rental suites Price: $12.7 million Date of sale: […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-11-2019
    Real Estate Related

  3. Toronto to move forward with regulation of short-term rentals

    Short-term rentals in Toronto allowed in principal residences Steve RandallCanadian Real Estate Wealth Plans to regulate the short-term rentals market in Toronto will go ahead following the dismissal of an appeal. It means that short-term rentals through platforms such as Airbnb will be allowed in all housing types across the city but only in homeowners’ […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-11-2019
    Real Estate Related

  4. Ontario tribunal hands down ruling in appeal of Toronto Airbnb regulations

    The city’s rules regulating short-term rentals will remain in place Clayton JarvisCanadian Real Estate Wealth On October 15, Ontario’s Local Planning Appeal Tribunal (LPAT) concluded an appeal of Toronto’s short-term rental rules brought forth by landlords who charged that the almost two-year-old guidelines restrict their rights as property owners. On Monday, LPAT delivered its decision. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-11-2019
    Real Estate Related

  5. Wealthy homebuyers are choosing these global cities

    Vancouver ranked 44th in global cities for luxury homes Steve RandallCanadian Real Estate Wealth The luxury real estate market slowed in the third quarter of 2019 according to a new global index. The Knight Frank Prime Global Cities Index shows that 76% of the 45 cities included saw static or rising prices in Q3 2019 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    17-11-2019
    Real Estate Related

  6. Latimer Village 8242 200 Street Langley first two buildings with 100 homes on sale now by Vesta Properties

    Latimer Village the urban hub of master-planned Langley community Simon BriaultThe Vancouver Sun In 2013, Vesta Properties approached homeowners in the Carvolth neighbourhood of Langley with an offer to purchase and then develop their lots. Fast forward six years and a landmark master-planned community – the largest in the Fraser Valley – is beginning to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-11-2019
    Real Estate Related

  7. Squamish nation’s Kitsilano development promises to be transformative

    The Squamish Nation’s proposed 6,000-unit housing development for Kits Point promising Randy ShoreThe Vancouver Sun The Squamish Nation’s proposed 6,000-unit housing development for Kits Point promises to be transformative for the band’s members, the city and even local schools. “Lots of our members are interested in housing options at the site, both in rental and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-11-2019
    Real Estate Related

  8. New home price index launched to improve data availability

    Canadian home prices become more transparent with new index Steve RandallREP Information about Canadian home prices is about to become more transparent thanks to a new index. The Resale Residential Property Price Index has been created through a new collaboration between Teranet Inc., National Bank of Canada, and Statistics Canada. The three-way partnership has built […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-11-2019
    Real Estate Related

  9. Reverse mortgage growth fuelled by wealthier, more active seniors

    Canada’s reverse mortgage is the fasters-growing debt Ephraim VecinaMortgage Broker News Canada’s reverse mortgage debt grew by 1.33% month-over-month in August to reach yet another new high of $3.83 billion, according to latest data from the Office of the Superintendent of Financial Institutions. This represented a 26.23% annual increase, with $50.63 million of the total […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-11-2019
    Real Estate Related

  10. Richard Robbins Video on REBGV October 2019 Market Update

    Richard Robinsother Richard Robbins Video on REBGV October 2019 Market Update   00:01 – Hey everyone, Richard Robbins here. 00:02 Well, the numbers are in for the real estate board 00:04 of Greater Vancouver, and I got nothin’ but good news. 00:09 Maybe one little piece of bad news, 00:11 but other than that, all […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-11-2019
    Real Estate Related

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