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  1. This is the death knell for Hong Kong make no mistake of it

    West opposes China’s move Jessie Pang and Yew Lun TianThe Vancouver Sun Canada , the United States, United Kingdom and Australia scolded China on Thursday for moving ahead with a proposal for a new security law China’s parliament approved a decision on Thursday to go forward with national security legislation for Hong Kong that democracy […]

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

  2. Borrowing, homebuying in Toronto to accelerate after COVID-19 – Ispsos

    A survey indicates buyers waiting for the end of the pandemic Ephraim VecinaMortgage Broker News The results of a recent Ipsos survey suggested that accelerated borrowing and home-purchasing activity is just waiting in the wings to pounce upon the Greater Toronto Area housing market once the coronavirus crisis passes. Polling found that 27% of respondents […]

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

  3. The MLS HPI is the most advanced and accurate tool to gauge a neighborhood’s home price levels and trends

    MLS Home Price Index Expanding other The MLS® Home Price Index (HPI) will soon offer coverage from coast-to-coast. The MLS® HPI is the most advanced and accurate tool to gauge a neighborhood’s home price levels and trends. There are currently 19 participating real estate boards, which represent more than two thirds of all Canadian resale […]

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

  4. How technology can help your business during and after COVID-19

    How agents can best serve their clients during and after the pandemic Evelyn AndersREM With public health safety measures in effect across the country, real estate agents have been quick to find innovative ways to serve clients who need to buy, sell or rent a home during the pandemic. Here’s an overview of how agents […]

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

  5. OREA sets new ground rules for realtors as Ontario’s economy restarts

    Realtors continue to help clients feel safe Ephraim VecinaMortgage Broker News The Ontario Real Estate Association (OREA) has published its latest guidelines on home purchase transactions in the era of COVID-19. “The health and safety of our realtors and their clients is OREA’s top priority during this pandemic,” said Sean Morrison, president of OREA. “As […]

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

  6. Re/Max challenges CMHC home price projections

    Canadian real estate prices will remain stable Ephraim VecinaCanadian Real Estate Wealth Housing industry players are opposing Canada Mortgage and Housing Corporation’s dire forecast of an 18% decline in home prices over the next 12 months, claiming that demand remains elevated and inventories continue to hover near record lows. “Assuming that demand continues its current […]

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

  7. Nanos – Consumer confidence in housing market still low

    Nanos Canadian Confidence Index Ephraim VecinaCanadian Real Estate Wealth While Canadian consumer confidence is steadily recovering, the same cannot be said about the public’s views towards the housing market, according to the latest Bloomberg Nanos Canadian Confidence Index. Polling found that 48.54% of respondents are anticipating a decline in home prices within the next few […]

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

  8. Heritage home spurs bidding war amid pandemic real estate slump

    Bidding war erupts for heritage home during the pandemic John Mackie The Province Real estate listings, and sales, have plunged during the COVID-19 crisis. But some properties are still selling. Realtor David Richardson recently listed a handsome heritage home at 2120 East Pender for $1.588 million. Open houses have been nixed during the crisis, so […]

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

  9. Stress test 2.0? What a 10% minimum down payment requirement would mean for Canadian buyers

    A 10 percent minimum down payment would have a chilling effect on business Ephraim VecinaMortgage Broker News Canadian Mortgage and Housing Corporation CEO Evan Siddall’s recent address to the Standing Committee on Finance contained a plethora of negative projections, from housing prices falling by 18 percent to one-fifth of all Canadian mortgages being in arrears […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-05-2020
    Real Estate Related

  10. Expect rapid post-pandemic recovery – BoC’s Poloz

    Quick recover expected post pademic Ephraim VecinaMortgage Broker News Despite multiple headwinds and the continuous ravages of COVID-19, Canadian market activity and purchasing power will be able to recover quickly after the outbreak eases, according to outgoing Bank of Canada Governor Stephen Poloz. “We have to be able to manage the risks around those things, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-05-2020
    Real Estate Related

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