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  1. Macro Research Board reports that Canadian housing market on thin ice

    Report says housing market is due for a crash David KitaiMortgage Broker News A report from an international macroeconomic research firm says that Canada’s economy is headed for a long, difficult period due largely to the effects of COVID-19 and the weaknesses in Canada’s housing market. The report “Canada on thin ice as it heats […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 24-06-2020
    Real Estate Related

  2. CMHC projects trajectories for Toronto, Vancouver, Montreal real estate in new summer outlook

    McLister says employment and income remain key factors in housing market David Kitai Mortgage Broker News On Tuesday, the Canadian Mortgage and Housing Corporation released its summer 2020 Housing Market Outlook, the most recent in a series of wild guesses the organization has made around the post-COVID-19 growth expected in Canada’s major housing markets. The […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 24-06-2020
    Real Estate Related

  3. Crown corporation announces loan program for mid-sized businesses hurt by COVID-19

    Mid-size business are companies with revenues between 100M and 500M Ephraim VecinaMortgage Broker News The Business Development Bank of Canada has announced that it will be providing loans for medium-scale companies that were significantly impaired by the COVID-19 pandemic as part of the federal government’s credit assistance programs. Through their preferred banks, mid-sized businesses whose […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 24-06-2020
    Real Estate Related

  4. LGBTQ home buyers can now look for Zillow listings in states with anti-discrimination laws

    US Supreme Court ruled gender identity and sexual orientation protected Candyd Mendozaother In light of the significant civil rights win for LGBTQ Americans last week, Zillow has announced that all for-sale and rental listings on its platform now includes data on LGBT local legal protections. After years of pride marches and persistent social movements, the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 24-06-2020
    Real Estate Related

  5. COVID-19: Government Extends CERB, delays CEBA Update

    The federal government updated CERB other Please note: the federal government is constantly updating their website as new information is announced. Remember to check Canada’s official coronavirus webpage and CREA’s COVID-19 online hub to stay up to date. In a busy week for government announcements, the Canada Emergency Response Benefit (CERB) was extended to ensure ongoing support for Canadians, while the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 20-06-2020
    Real Estate Related

  6. Eastridge Panorama 5528 148 St, Surrey, 36 rancher-style 3 bedroom townhomes by Infinity Properties

    Eastridge Panorama ticks all the downsizer boxes Simon BriaultThe Vancouver Sun If you asked a typical downsizer what they’re looking for in a new home, they’re likely to come up with some combination of the following: a place that doesn’t feel too small after moving out of their house, a lock-and-go lifestyle with no exterior […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 18-06-2020
    Real Estate Related

  7. Getting commercial buildings ready for back to work

    Getting buildings ready for back to work Connie AdairREM Clean it and they will come. Don’t and it could cost you your business. If a customer, client or guest looks into your business and doesn’t think it’s safe to venture inside, chances are they won’t. If an employee has to return to work and it […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-06-2020
    Real Estate Related

  8. Home prices rise as B.C. real estate market continues to slump

    Home prices up but real estate sales in province continue to slump Scott Brown The Province B.C. home sales dropped more than 45 per cent in May compared with the same time last year but home prices continue to rise, according to a monthly report from the B.C. Real Estate Association (BCREA). The BCREA says […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-06-2020
    Real Estate Related

  9. Commercial check-in: What’s in store for office real estate in Canada?

    Office space could be replaced by work-at-home workplace Clayton JarvisMortgage Broker News Canada’s commercial real estate sector is as unsettled as it has ever been. With CECRA struggling to work up a detectable heartbeat, there is growing anxiety that when federal and provincial efforts to support small businesses through the COVID-19 pandemic come to an […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-06-2020
    Real Estate Related

  10. Major Canadian bank warns of historic price declines in Toronto and Vancouver

    National Bank of Canada predicts price decrease in real estate Ephraim VecinaMortgage Broker News National Bank of Canada is predicting the largest ever price decrease in Canadian real estate this year, at an average of 9.8% from 2020 to 2021. This will outstrip the historic 9.2% decline during 1981, as well as the 6.3% drop […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-06-2020
    Real Estate Related
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