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  1. Canadian real estate prices are forecast to fall further, but pandemic-era gains won’t be wiped out

    Canadian Real Estate Prices To Fall 30%, Early Stages of Recession Are Here: Ox Econ Daniel Wongother The outlook for Canadian real estate, and the economy in general, is looking a little less bright. Oxford Economics warned clients this week, that we’re already seeing the early stages of a recession. Higher rates to cool inflation […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 24-11-2022
    Real Estate Related

  2. Canadian-traded crypto ETFs had just C$1.64 billion in assets under management | Daniel Straus

    Crypto Crisis Shrinks ETF Assets in Market That Embraced Them Layan OdehFinancial Post Retail investors in Canada were quick to put money into cryptocurrency exchange-traded funds after regulators allowed a proliferation of products that track Bitcoin, Ether and other digital assets. They’ve lost most of it in a year. (Bloomberg) — Retail investors in Canada […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 24-11-2022
    Technology Related Articles

  3. Canadian sees their finances hit by so-called unconscious spending habits amid the current cost-of-living crisis

    What’s plaguing Canadians? Fergal McAlindenCMP New survey sheds lightCanadians are seeing their finances hit by so-called unconscious spending habits amid the current cost-of-living crisis, report saysAs mortgage rates continue to rise and Canada’s cost-of-living crisis shows little sign of slowing, many borrowers have felt the pinch throughout this year – but a new survey has […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 24-11-2022
    Real Estate Related

  4. Canadian sees their finances hit by so-called unconscious spending habits amid the current cost-of-living crisis

    What’s plaguing Canadians? Fergal McAlindenCMP New survey sheds lightCanadians are seeing their finances hit by so-called unconscious spending habits amid the current cost-of-living crisis, report saysAs mortgage rates continue to rise and Canada’s cost-of-living crisis shows little sign of slowing, many borrowers have felt the pinch throughout this year – but a new survey has […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 24-11-2022
    Real Estate Related

  5. 0.87 acres multi-family rental in Kitsilano sells for $35.25 Million

    Kitsilano 74-unit rental building sells for $35.25 million Western Investor StaffWestern Investor The updated, well maintained 56-year multi-family property is close to Vancouver’s Kits Beach on a 0.87-acre lot. Goodman Commercial, Vancouver, for Western Investor   Property type: Multi-family rental Location: 2055 York Avenue, Vancouver Number of units: 74 Property size: 48,128 square feet (rentable) […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 24-11-2022
    Real Estate Related

  6. Canadians believe that a recession is looming just beyond the horizon

    How many Canadians are bracing for a recession? Ephraim VecinaCMP Recession fears are revealed More than half of Canadians are anticipating any such recession to last at least a year A significant share of Canadians now believe that a recession is looming just beyond the horizon, according to a bi-annual report released earlier this week […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 24-11-2022
    Real Estate Related

  7. Cap rates across office, industrial and retail properties inched up in the Q3 | CBRE

    Rising cap rates linked to strong cash flows, not weak demand Peter MithamWestern Investor Income-producing properties are providing a hedge against rising costs Cap rates on rising in B.C. but solid cash flows are so far supporting asset values.Chung Chow/Business in Vancouver Rising cap rates point to the importance of cash flows in the current […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 23-11-2022
    Real Estate Related

  8. Tech tenants are responsible for 81% of all subleases available on the market in downtown Vancouver

    Tech firms leasing office space in the suburbs Tyler OrtonWestern Investor Some tech companies are taking a cue from their work-from-home staff and switching downtown costs for the savings and flexibility on the edge of town Work-from-home is a stubborn trend that’s left downtown Vancouver in a “state of flux” after the pandemic rapidly shifted […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 23-11-2022
    Real Estate Related

  9. 3 retail units in Vancouver sells for $3.7 Million

    East Vancouver 5,100-square-foot retail site sells for $3.7 million Western Investor StaffWestern Investor The East Village parcel has three retail units, and the land offers development potential in an up-trending community. Corbel Commercial, Vancouver, for Western Investor   Property type: Retail development land Location: 2480 East Hastings Street, Vancouver Number of units: 3 Size of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 23-11-2022
    Real Estate Related

  10. 2 units of strata office in Cloverdale sells for $1.03 Million

    Cloverdale 1,498-square-foot strata office sells for $687 per square foot Western Investor StaffWestern Investor Sale price of $1.03 million nets fully renovated corner office strata in Pacific Business Park, Cloverdale area of Surrey, B.C. Frontline Real Estate Services, Langley, B.C., for Western Investor   Property type: Office strata Location: 201, 17660 65A Avenue, Cloverdale, Surrey, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 23-11-2022
    Real Estate Related
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