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  1. Toronto Home Sales Rise 55% Since April, Average Price Down 5% From February: TRREB

    Toronto Regional Real Estate Board shows sales improved across the region other As home buyers, sellers and the real estate industry at-large adjust to new market conditions and health and safety measures under the COVID-19 emergency, new data from the Toronto Regional Real Estate Board (TRREB) for May shows that sales activity improved substantially across […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    02-06-2020
    Real Estate Related

  2. COMMERCIAL ACTIVITY NOSEDIVES IN 2020 Q1

    The BCREA Commercial Leading Indicator (CLI) was down sharply BCREA The BCREA Commercial Leading Indicator (CLI) was down sharply in the first quarter of 2020 from 134.2 to 123.2, reflecting the slowdown prompted by the COVID-19 pandemic. Compared to the same time last year, the index was down by 4.8 per cent. The pandemic-induced shutdown […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    02-06-2020
    Real Estate Related

  3. Surrey 1008A Land Development going forward in Anniedale-Tynehead – will bring 120K new residents – land selling at $2.6M+ an Acre

    Surrey 150 acres acquired by Beech Westgard one of B.C. largest land plays Frank O’BrienWestern Investor This January the City of Surrey’s planned $3.1billion Surrey-Langley SkyTrain extension received the support of Metro Vancouver mayors and, while all the money has not yet been approved, the concept has triggered one of the largest land plays in […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-06-2020
    Real Estate Related

  4. The Sentinel 200 Klahanie Court West Vancouver selling out fast

    West Van condo tower sees fast sales during pandemic Frank O’BrienWestern Investor Launched in the teeth of a pandemic, a new 122-unit luxury condominium tower in West Vancouver has pre-sold 54 condos in the last month, including a $6 million penthouse, and the head of its marketing team suggest the success is more than a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-06-2020
    Real Estate Related

  5. Buyers inquiries flourishing despite pressure from COVID-19 – RE/MAX of western Canada

    Purchase inquiries flourishing despite pressure from COVID-19 – RE/MAX Ephraim VecinaMortgage Broker News Despite the widespread mobility restrictions brought about by the coronavirus outbreak, the frequency of homebuying inquiries has gone up in Western Canada, according to RE/MAX. “We are already seeing inquiries from home buyers up 5% from pre-COVID levels,” said Elton Ash, executive […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    31-05-2020
    Real Estate Related

  6. Metro down, but not out, for China

    China’s real-estate investors down on Vancouver, but not out Douglas ToddThe Vancouver Sun Huawei CEO Meng Wenghzou must stay under mansion arrest following this week’s court decision in Vancouver. China’s authorities rage, while continuing to unfairly jail Michael Spavor and Michael Korvig and drastically cut imports of Canadian canola. Rival ethnic Chinese groups clash in […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-05-2020
    Real Estate Related

  7. Addressing the challenges of electronic AGMs

    Addressing the challenges of electronic meetings Tony GioventuThe Province Dear Tony: What happens when an owner attempts to attend a general meeting that was issued as a proxy-only meeting for our annual general meeting? Because our strata cannot safely social distance in our common room, the council determined we would conduct a proxy-only meeting and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-05-2020
    Strata Information

  8. 50 Electronic Avenue at 50 Electronic Avenue Port Moody 220 homes in the Phase 2 wood frame building by Panatch Group

    Panatch Group launches second phase of Port Moody’s 50 Electronic Avenue Michael BernardThe Province It is every developer’s nightmare. You have everything in place for your opening day, and then your plans are dashed by an event completely beyond your control. With COVID-19 and the public safety orders banning events of more than 50 people, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-05-2020
    Real Estate Related

  9. CMHC offers dire predictions for house-price drops in B.C.

    Dire predictions for house-price drops Joanne Lee-YoungThe Province Canada’s national housing agency is continuing its grim forecasts for how hard the COVID-19 pandemic will hit home sales, prices and construction, including sharp drops for B.C. But one local realtor said many people in the local real estate sector and construction industry believe Canada Mortgage and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-05-2020
    Real Estate Related

  10. A labour shortage amid record joblessness

    Labour shortage amid Depression-level unemployment Tom Blackwell The Vancouver Sun When Johnny Tzouvelakos and his partner at LaSalle Drive-in decided to provide free meals to hospitals across Montreal during the pandemic, he was heartened to see the response from his staff. They showed up to help prepare the food every morning for two months on […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-05-2020
    Real Estate Related

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