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  1. Covid-19 disrupt Vancouver condo owners

    Vancouver condo owners exposed in virus crisis: RBC WI StaffWestern Investor Declines in nationwide immigration flows and notable dips in local rental prices are among the top reasons Vancouver’s housing market is being upended amid the pandemic, according to a bleak new report from RBC Economics. The condominium market is especially exposed, the report cautions. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-10-2020
    Real Estate Related

  2. Canadian government releases more details regarding its five year Housing Supply Challenge

    Federal government releases more details of five-year housing initiative Ephraim VecinaMortgage Broker News

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-10-2020
    Real Estate Related

  3. Condo investor lost much of their down payments during Covid-19 pandemic – analysis

    Condo buyers lost much of their down payments during the pandemic ? analysis Ephraim VecinaMortgage Broker News On average, Canadian condo buyers have lost more than three-quarters of their own down payments over the course of the COVID-19 pandemic, according to an analysis of data from the Canadian Real Estate Association. In its review of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-10-2020
    Real Estate Related

  4. Highlight on 2021 with regards emerging trends in Canadian real estate

    What are the emerging trends for Canadian real estate in 2021? Clayton JarvisMortgage Broker News Projections for 2020 went out the window by about the third week in February. What was supposed to be a year of restrained real estate sales and sluggish economic growth wound up generating both a full-on housing boom and a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-10-2020
    Real Estate Related

  5. City of Vancouver, the lowest tax rate for commercial property among major Canadian cities

    Vancouver, Calgary chop commercial property taxes Frank O?BrienWestern Investor

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-10-2020
    Real Estate Related

  6. Homeowners – Will the end of forbearance mean a wave of foreclosures?

    Will the end of forbearance mean a wave of foreclosures? Ryan Smithother Sherrod Brown doesn’t seem to have a lot of faith in Kathy Kraninger. The Ohio Democrat and ranking member of the Senate Banking Committee has repeatedly accused the director of the Consumer Financial Protection Bureau of putting corporations’ interests ahead of consumers and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-10-2020
    Real Estate Related

  7. B.C construction employment slumped by 6.8 % during pandemic

    B.C. construction workers miss job recovery WI StaffWestern Investor

    By Les Twarog Vancouver Real Estate and Condo Blog
    22-10-2020
    Real Estate Related

  8. CMHC previous prediction about home price is no longer applies despite of pandemic

    Is the CMHC’s forecast of a major price drop this year still relevant? Ephraim VecinaMortgage Broker News The Canada Mortgage and Housing Corporation’s previous prediction of a 9-18% home price drop this year no longer applies, according to several economists in a new Finder survey.The Crown corporation’s forecasts were criticized by Christopher Alexander, executive vice […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    22-10-2020
    Real Estate Related

  9. CMLS Financial appointee expects demand for multifamily properties and developable land to remain strong

    Where are the opportunities in Western Canadian commercial real estate? Ephraim VecinaMortgage Broker News The Canada Mortgage and Housing Corporation’s previous prediction of a 9-18% home price drop this year no longer applies, according to several economists in a new Finder survey.The Crown corporation’s forecasts were criticized by Christopher Alexander, executive vice president and regional […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    22-10-2020
    Real Estate Related

  10. 9 out of 35 City of Toronto neighbourhoods where the median detached house price under $1M

    Median Detached House Price Under $1M in Only 9 of 35 City of Toronto Neighbourhoods Jannine Raneother September was a record-breaking month for home sales in the GTA, as more city-dwellers reassessed their housing priorities in search of homes with higher square footage. Housing demand in the City of Toronto was a true reflection of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    21-10-2020
    Real Estate Related

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