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  1. Alberta led the country in one way customers during 2021 | U-Haul Growth Index

    U-Haul: Canadians looked to Alberta for housing in 2021 Ryan Garner Livabl Attracting newcomers with affordable housing and employment initiatives, Alberta saw increased inter-provincial migration last year, while Calgary strengthened its status as one of Western Canada’s top move-in destinations. According to the annual U-Haul Growth Index, Alberta led the country in one-way customers during […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    10-01-2022
    Real Estate Related

  2. Starting the year by increasing the eligibility threshold to 22 percent

    Vaughn Palmer: B.C. NDP signals continued support for homeowner’s grant Vaughn PalmerThe Vancouver Sun Opinion: House-value threshold for homeowners’ grant matches increase in B.C. home values as NDP stick by promise to not tinker with 65-year-old tax break B.C. Finance Minister Selina Robinson announced last week that homeowner’s grant would apply to principal residences with […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-01-2022
    Real Estate Related

  3. Home sales expects to increase 8.6 percent this 2022 | CREA

    Economists forecast rising home sales, prices in 2022 CIBC is the out WI StaffWestern Investor CIBC is the outlier in forecasting a national 15 per cent drop in sales compared to 2021 Despite headwinds, most analysts forecast robust housing market this year. | File photo CIBC is the outlier in forecasting a national 15 per […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-01-2022
    Real Estate Related

  4. Lumber prices have nearly tripled surging to increase a new single family home

    Wallet-pinching wood: Surging lumber costs pushing new home prices higher Ryan GarnerLivabl Supply issues resulting from British Columbia’s record rainfall and increased demand are pushing lumber prices higher, reducing housing affordability heading into the new year. According to Random Lengths, lumber prices have nearly tripled since August, surging to more than $1,000USD per thousand board […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-01-2022
    Real Estate Related

  5. Lumber prices soars, average price of home increases by $18000, now lumber is at $1200 to 1000 board feet and BC supplies 15 percent of US market

    Lumber prices latest Canada soars There has been a big impact from flooding Jen Skerrittother There has been a big impact from flooding Lumber prices are soaring to levels not seen in seven months as the lingering effects of flooding in Western Canada disrupt supplies and shipments. Lumber futures jumped 3.8% to the exchange limit […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-01-2022
    Real Estate Related

  6. U-Haul migration trends do not correlate directly to population or economic growth

    This study shows where everyone moved to when they left the big cities last year Shari Kulhaother While B.C. ranked second for in-migration, far fewer moved to its more expensive cities  DIY movers inadvertently help track population movements when they rent one-way U-Haul trucks. Photo by U-Haul When the pandemic begin in 2020, larger cities […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-01-2022
    Real Estate Related

  7. Market Trends continue throughout 2021 amidst pandemic

    Average Prices Soar 25% in The Toronto Region: TRREB Rachel Rehkopfother The results are in: 2021 was a record-breaking year for real estate in the Toronto region. The Toronto Regional Real Estate Board (TRREB) has just released its numbers for December 2021, which shows that the year, with a total of 121,712 sales, beat out […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-01-2022
    Real Estate Related

  8. 11,275 square feet multi-family sells for $7.5 million

    East Vancouver multi-family sells for $422,222 per door Goodman Commercial Inc.Western Investor The three-storey, 18-unit rental apartment building on East 6th Avenue, Vancouver, built in 1968, sold for $7.5 million. Property type: Multi-family rentalLocation: 306 East 6th Avenue, VancouverNumber of units: 18Property size: 11,275 square feet (rentable area).Land size: 12,078 square feetZoning: RM-4Sale price: $7.5 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-01-2022
    Real Estate Related

  9. A record breaking year for Toronto real estate region

    Average Prices Soar Nearly 25% in The Toronto Region: TRREB Rachel Rehkopfother The results are in: 2021 was a record-breaking year for real estate in the Toronto region. The Toronto Regional Real Estate Board (TRREB) has just released its numbers for December 2021, which shows that the year, with a total of 121,712 sales, beat […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-01-2022
    Real Estate Related

  10. Home has been a focus for residents throughout the pandemic | Keith Stewart

    Metro Vancouver home sales, prices hit record high in 2021 Glen KorstromWestern Investor Despite ongoing pandemic, region saw 43,999 residential real estate transactions – up 42.2 per cent from 2020 Benchmark townhouse price in Metro Vancouver is up 22 per cent to just over $1 million. | Chung Chow Despite ongoing pandemic, region saw 43,999 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-01-2022
    Real Estate Related

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