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  1. Who will buy Vancouver housing in a time of COVID-19?

    Metro real estate in for a wake-up call Douglas ToddThe Vancouver Sun More condominiums and houses are under construction in Metro Vancouver than ever before. But who is going to buy them — let alone live in them — in an era mutated by COVID-19? Who will come forward when a global lockdown has pummelled […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    23-05-2020
    Real Estate Related

  2. Why it’s time for companies to change or be changed

    Shifting landscape won’t necessarily be devastating, Kevin Carmichael writes Kevin CarmichaelThe Vancouver Sun It’s a bad time to be a maker of expensive clothes – just ask a maker of expensive clothes. “Tailored clothing is probably going to be near the bottom of people’s priorities,,, said Stephen Granovsky, chief executive of Toronto-based Luxury Men’s Apparel […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    22-05-2020
    Other News Articles

  3. Some business better off staying closed

    This crisis isn?t over for BC businesses Western Investor Some Metro Vancouver businesses could be better off staying closed than risk re-opening during the second phase of the B.C.’s government’s plan to safely and gradually re-open the economy. “This crisis isn’t over for BC businesses. You can go out of business much faster with a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    21-05-2020
    Real Estate Related

  4. Key trends indicate slower housing market for rest of 2020

    Housing may decrease due to reduced immigration Ephraim VecinaMortgage Broker News Flagging immigration numbers along with much-reduced purchasing power will pull down market activity for the rest of the year, according to the latest Teranet-National Bank of Canada House Price Index. The steep climb in national unemployment numbers – from February’s 5.6% to 13% in […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    21-05-2020
    Real Estate Related

  5. Why does CMHC’s Evan Siddall think Canada is headed for a ‘deferral cliff’?

    One in five mortgages could be in arrears by September Clayton JarvisMortgage Broker News In comments delivered to the Standing Committee on Finance on Tuesday, Canadian Mortgage and Housing Corporation CEO Evan Siddall laid out a potentially bleak scenario for the country’s homeowners. Siddall told parliamentarians that by September, if Canada’s economic recovery fails to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    21-05-2020
    Real Estate Related

  6. Household debt growth outstripping all other debt types

    BoC analysis makes Canadian household debt most vulnerable Ephraim VecinaMortgage Broker News Over the last few decades, household debt growth accelerated faster than every other debt class, according to real estate information portal Better Dwelling. Citing data from the Bank of Canada, the analysis said that the trend “makes Canadian households [among] the most vulnerable” […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    21-05-2020
    Real Estate Related

  7. Bank of Canada to drop qualifying rate

    BoC to reduce the qualifying rate ten basis points Clayton JarvisMortgage Broker News The Bank of Canada is set to reduce its qualifying rate ten basis points, from 5.04 to 4.94 percent, sources tell Mortgage Broker News. After the decrease, which is expected to be announced by Monday, the five-year fixed mortgage rate will have […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    21-05-2020
    Real Estate Related

  8. What if your staff isn’t comfortable working from home?

    Working from home can create new anxieties Clayton JarvisMortgage Broker News Working from home isn’t for everybody. But with the country only gradually reopening and COVID-19 still a threat to both public health and the economy, mortgage companies will be forced to consider keeping their work-from-home structures in place for the foreseeable future. For brokers […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    20-05-2020
    Real Estate Related

  9. Virtual home staging thrives during pandemic

    Virtual staging has blossomed during the pandemic Diane SlawychREM Every industry has been affected by COVID-19 in one way or another. And while the fallout has mostly been negative, one niche business that has experienced a positive impact is that of virtual staging. For Young Kim, founder of Vancouver-based Bella Staging, business had been ramping […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-05-2020
    Real Estate Related

  10. How the pandemic will reshape the rental market

    Post-COVID-19 could bring about some changes Paul DanisonREM How long has it been since we began hearing these words every day: COVID-19, coronavirus, pandemic? How long before we try to forget them? Who knows – it could be awhile. But the new words will probably change us – change the way we live, play and work, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-05-2020
    Real Estate Related

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