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  1. Metro Vancouver office space vacancy rate facing the highest vacancy rate in years due to pandemic

    Vancouver office space getting spookily quiet Hayley woodin &Frank O’BrienWestern Investor — Vancouver downtown office towers. | Chung Chow More office space is expected to come available in what has been one of Canada’s tightest and most competitive markets for office space, but is now facing the highest vacancy rate in years. Metro Vancouver’s office […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    23-02-2021
    Real Estate Related

  2. BMO has reported as a higher trading revenue in 2021

    BMO reports strong fiscal Q1 Ephraim VecinaMortgage Broker News Bank of Montreal has reported its financial results for the first quarter of 2021. BMO saw earnings of $3.06 per share, or net income of $2.04 billion significantly outstripping the $2.15 average projection of analysts in a Bloomberg survey. Higher trading revenue also drove a 36% […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    23-02-2021
    Real Estate Related

  3. Canada export terminal located at Kitimat salvaged B.C construction pace in 2020

    Major projects salvaged B.C. construction in 2020 WI StaffWestern Investor — Metro Vancouver home building has rallied after falling nearly 19 per cent in 2020. – Adera Major resource projects, such as the LNG Canada export terminal at Kitimat, salvaged British Columbia’s construction pace in 2020, as home building plunged 18.9 per cent and commercial […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    21-02-2021
    Real Estate Related

  4. Condo insurance price in Ontario increase up to increase 8 percent at the end of 2020

    More bad news for owners of condos in Ontario Clayton JarvisMortgage Broker News  If owning a condo property in Ontario wasn’t already hard enough – price per square foot on new builds continues to climb, making one of the last “affordable” property types in the provinces even less so; COVID-19’s throttling of tourism has killed […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    21-02-2021
    Real Estate Related

  5. Zillow’s innovative approach to provide a better customer experience in Real Estate market

    The REAL Takeaway From The News Of Zillow Buying ShowingTime Tom Ferryother  Peter Drucker told us many years ago: All business is innovation and marketing. We should know this. We should collectively strive for this. Yet what do we see when someone innovates to provide a better customer experience in real estate? Outrage. Fear. Consternation. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-02-2021
    Technology Related Articles

  6. 2021 industrial real state vacancy rate below 1 percent for the first time – CBRE

    Metro Vancouver industrial vacancy rate flirting with zero Wl StaffWestern Investor  — | CBRE The industrial real estate vacancy rate in Metro Vancouver, which is already in the sub-1 per cent level in four municipalities, will soon fall below 1 per cent across the entire region, which is unprecedented, according to a forecast from commercial […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-02-2021
    Real Estate Related

  7. Less supply high demand in 18 Canadian Cities

    18 Canadian Cities With Below Average Home Prices And Sample Listings Janine RaneThe Vancouver Sun According to the latest data from the Canadian Real Estate Association (CREA), housing market conditions across Canada resulted in a new record for home sales in January, with 36,897 homes changing hands; a 35.2% increase on a year-over-year (y-o-y) basis.  […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    17-02-2021
    Real Estate Related

  8. Metro Vancouver’s sales increase of rental properties up to 2.7 percent in 2020 compared 2019

    Sales of Vancouver rental apartments soar as vacancies rise WI StaffWestern Investor — Kerrisdale 18-suite rental building sold in January 2021 for $7 million. | Cushman & Wakefield Despite rental vacancies rising to the highest level in 20 years and a province wide ban on rent increases due to the pandemic, sales of Vancouver multi-family […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    17-02-2021
    Real Estate Related

  9. Community engagement will define future real estate development

    Community engagement key to real estate development Franck O’BrienWestern Investor — Moderator Kirk LaPointe with legends Ryan Beedie, Beau Jarvis and Deana Grinnell. | Western Investor Getting the community onside was a central theme when three legendary real estate developers gathered February 10 for the 19th annual HAVAN Legends of Real Estate event, moderated by […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-02-2021
    Real Estate Related

  10. 80 acres redevelopment site located between Cambie and Burrard Street on South shore False Creek – City of Vancouver

    Vancouver eyes future for 80 acres of waterfront Mike HowellWestern Investor City-owned land on False Creek represents some of the most prized real estate in Canada, and current leases are winding down — South False Creek waterfront: much of the land is leased for 1,800 homes. Dan Toulgoet The City of Vancouver launched a public […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-02-2021
    Real Estate Related

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