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  1. Bank of Canada holds overnight interest rate at 0.25%

    Bank of Canada keeps overnight rate frozen at effective lower bound Ephraim VecinaMortgage Broker News In today’s policy announcement, the Bank of Canada stood by its pledge to hold its key overnight interest rate at 0.25%. “The rebound in the global and Canadian economies has unfolded largely as the Bank had anticipated in its October […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-12-2020
    Real Estate Related

  2. World economy putting stronger faith on the positive outcome of the Covid vaccine

    Economy, real estate balanced on the tip of a needle Frank O’BrienWestern Investor  Canada and its commercial real estate community must be congratulated for a quick, coordinated response to the global pandemic, but, as a weary nation ends 10 months of lock downs, layoffs and unprecedented tenant relief, the situation has become untenable. Ottawa’s generous […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-12-2020
    Real Estate Related

  3. Increase crime is one of the retailers struggle during the pandemic

    Rise in crime a fixture on B.C.?s main streets Frank O’BrienWestern Investor Vancity survey of downtown strips in Victoria, Vancouver, Surrey and Kamloops reveals rise in vandalism, break-ins bedevil retailers struggling during pandemic A new study on main streets in B.C. and Ontario released December 7 by Vancity shows that rising crime has become a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-12-2020
    Real Estate Related

  4. Investment company wants to unload 8 retail properties in Vancouver

    Vancouver real estate: investment company seeks to unload eight retail holdings at Robson Street condo for $23 million Carlito PabloThe Georgia Straight An investment company wants to unload its retail holdings in Vancouver’s most popular shopping district. If purchased as a bundle, the eight properties total $23 million. Winmore Investments Ltd. owns all of the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-12-2020
    Real Estate Related

  5. 60% investors eyeing on increase lending in the multi-family market

    Lenders shy from retail, bullish on industrial and multi-family WI StaffWestern Investor While lenders may have taken a more cautious approach to 2021, capital for real estate is still expected to remain abundant, albeit more targeted in nature, according to the 2020 Canadian Real Estate Lenders’ Report from CBRE. There has been some moderation in […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-12-2020
    Real Estate Related

  6. Multi-family assets continue strong demand by investors

    Investors will continue to favour multi-family WI StaffWestern Investor We predict 2021 will be a very active and positive year for the multi-family sector as investors continue to be drawn towards defensive real estate assets. 2020 started off strong as momentum and strong investor demand for multi-family assets from the second half of 2019 carried […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-12-2020
    Real Estate Related

  7. Luxury penthouse with 1,310 square feet at Burfeild Place, West Vancouver

    Here’s what a $6.2 million penthouse floor plan in West Vancouver looks like Michelle McNallyLivabl

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-12-2020
    Real Estate Related

  8. Canadians were optimistic thats housing market remain steady and good investment

    Listings shortage will push Canadian home prices higher in 2021: RE/MAX Sean MacKayLivabl

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-12-2020
    Real Estate Related

  9. Another help on the way to the Home owner regarding best term pricing scheme, strata insurers

    B.C. strata insurers to end ‘best terms pricing’ scheme by Jan. 1 Jennifer SaltmanThe Vancouver Sun The practice was identified in a report this summer as one of several factors inflating strata property insurance premiums in B.C. Condominium buildings in downtown Vancouver. Photo by Darryl Dyck /The Canadian Press Stratas and property owners stand to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-12-2020
    Real Estate Related

  10. Luxury penthouse with 1,310 square feet at Burfeild Place, West Vancouver

    Here’s what a $6.2 million penthouse floor plan in West Vancouver looks like Michelle McNallyLivabl If you’re in the market for a condominium suite with panoramic views and a massive amount of outdoor space, then one high-end project in West Vancouver has the perfect penthouse in mind. Penthouse 1 – 701 in Courtenay has 1,310 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-12-2020
    Real Estate Related

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