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  1. Lower rates cut might disrupt Canadian financial system – Macklem

    Negative rates down the line are possible, says BoC’s Macklem Ephraim VecinaMortgage Broker News Bank of Canada Governor Tiff Macklem said in a video conference last week that further rate cuts remain an option in providing economic stimulus. At present, the central bank’s policy rate is at a historic low of 0.25%. “We are not […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-10-2020
    Real Estate Related

  2. PM Trudeau unveiled several changes to the existing program CEBA, CEWS and CERB Replacement

    COVID-19: Government Announces New Rent Program, Improved CEBA and CEWS, CERB Replacement CREA Facultyother Following months of lobbying by the Canadian Real Estate Association (CREA) in collaboration with other business groups, today the government announced the Canada Emergency Rent Subsidy (CERS), as well as enhancements to the Canada Emergency Business Account (CEBA) and the Canada […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-10-2020
    Real Estate Related

  3. Vancouver homes sales remain strong despite of pandemic

    Despite concerns over a COVID-19 correction, Vancouver home sales remain strong Ephraim VecinaMortgage Broker News The COVID-19 pandemic did not appear to have had a significant negative impact on Vancouver housing activity, with the market reaching its best September on record this year.In its latest report, the Real Estate Board of Greater Vancouver said that […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-10-2020
    Real Estate Related

  4. Comprehensive online seller tool for real estate industry

    Canadian tech company uses machine learning to assess your home?s market value Michelle McNallyLivabl  An Edmonton-based tech company is rolling out a suite of online tools to help home buyers and sellers navigate the market as the pandemic continues to alter the country’s housing landscape. HonestDoor is a free online service that combines realty intelligence […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-10-2020
    Real Estate Related

  5. Vancouver’s housing market soaring high in September sales

    Vancouver’s housing market breaks sales record in September Sean MacKayLivabl With 3,643 homes changing hands last month, the Vancouver housing market broke the all-time record for sales in September.The total for September meant sales rose a remarkable 56.2 percent over the previous year and were 44.8 percent above the 10-year average for the month. Last […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-10-2020
    Real Estate Related

  6. Multi-family houses takeover closes at $4.5 billion – St. Paul, Alberta

    Northview REIT takeover closes at $4.5 billion Frank O?BrienWestern Investor

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-09-2020
    Real Estate Related

  7. Multi-family houses takeover closes at $4.5 billion – St. Paul, Alberta

    Northview REIT takeover closes at $4.5 billion Frank O?BrienWestern Investor Calgary-based Northview Real Estate Investment Trust (REIT), a major multi-family landlord, has been acquired by Starlight Group Property Holdings Inc. a major shareholder, and Kingsett Capital Inc. The all-cash transaction, which Northview said was based on an unsolicited approach a year ago, has an equity […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-09-2020
    Real Estate Related

  8. Whats the forecast says about Canadian home market price

    Op-Ed: Why all the fear mongering by the CMHC over Canadian home prices? Christopher AlexanderMortgage Broker News The strength of the Canadian real estate market has proven itself time and again during the pandemic. While we’re not out of the woods yet, we are expecting continued growth for the duration of 2020, with an active […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-09-2020
    Real Estate Related

  9. Toronto rank #3 in annual bubble index in North America real estate market

    Toronto is the only North American real estate market considered in bubble territory Rachelle YounglaiThe Globe and Mail  Toronto home prices are overvalued, making it the only North American city at high risk of being in a bubble, according to a new report on global real estate conditions by UBS. The bank ranked Toronto as […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    29-09-2020
    Real Estate Related

  10. 5 Canadian Cities where its cheaper to purchased a house today than 5 years ago

    Canadian Cities Where It?s Cheaper to Buy a Home Today Vs. 5 Years Ago: REPORT Jannine Raneother

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-09-2020
    Real Estate Related

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