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  1. MLI Select uses a point system to rate a rental housing provider’s

    CMHC launches latest multi-unit insurance offering Ephraim Vecinaother The new product incentivizes rental supply preservation and creation, it says  Canada Mortgage and Housing Corporation has announced the launch of its latest multi-unit mortgage loan insurance product, MLI SELECT. This new product is designed to incentivize the preservation and creation of rental supply, as well as […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 07-03-2022
    Real Estate Related

  2. Canada’s housing market describes as overheated during 2021 | CMHC

    “Encouraging” signs for GTA market: RE/MAX president Fergal McAlindenother The company has launched its Quarter Century Market Report, shining a light on Toronto’s scorching real estate market  There are “encouraging” signs for the Greater Toronto Area (GTA) housing market in RE/MAX Canada’s just-released Quarter Century Market Report, the company’s president has said, not least that […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 07-03-2022
    Real Estate Related

  3. 60-storey mixed-use rental tower in Western Canada

    Grosvenor gets greenlight for a car-free Brentwood development Western Investor StaffWestern Investor Near-eight-acre pedestrian-friendly Burnaby proposal plans 3,450 homes with six towers, including a 60-storey rental high-rise, and 200,000 square feet of commercial spaceOn March 7, the City of Burnaby approved a Grosvenor master plan for the company’s largest mixed-use development in North America, a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 07-03-2022
    Real Estate Related

  4. BoC introduced its first policy rate increase since 2018

    Another Bank of Canada rate hike likely in April: BMO economist Fergal McAlindenother The Bank’s first rate jump since 2018 is unlikely to be its last  The Bank of Canada introduced its first policy rate increases since 2018 in its latest announcement – and it’s not likely to wait long before it hikes that rate […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 07-03-2022
    Real Estate Related

  5. Phenomenal demand excites to take this project forward to build it out | Kevin Layden

    Wesbild hits paydirt with Vancouver industrial build Frank O’BrienWestern Investor First of two stacked 170,000-square foot industrial-office buildings nearly sold out as groundbreaking begins First of two stacked 170,000-square foot industrial-office buildings nearly sold out as groundbreaking begins Wesbild has hit paydirt early with its plan to build Canada’s largest multi-storey, mixed-use industrial-office complex on […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-03-2022
    Real Estate Related

  6. 39600 square feet multifamily rental in Coquitlam sells for 1475 million

    Coquitlam BCmultifamily complex sells at 273K per door Royal Pacific RealtyWestern Investor

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 03-03-2022
    Real Estate Related

  7. 39,600 square feet multi-family rental in Coquitlam sells for $14.75 million

    Coquitlam, B.C., multi-family complex sells at $273K per door Royal Pacific RealtyWestern Investor Well maintained 54-unit apartment complex on a 39,600 square-foot in Austin Heights neighbourhood sold for $14.75 million at 3.4 per cent capitalization rate. Property type: Multi-family rental Location: 1055 and 1065 Howie Street, Coquitlam, B.C. Number of units: 54 Size of property: […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 03-03-2022
    Real Estate Related

  8. 11.34 acres in industrial zone of Saanichton, B.C. sells for $36.27 Million

    Two self-storage facilities near Victoria sell for $36.2 million William Wright Commercial Western Investor Class B storage sites cover a total of 77,500 square feet on a combined 11.34 acres in industrial zone of Saanichton, B.C. and the recreational area of Mill Bay, B.C. Property type: Self-storage Number of properties: 2 Location: 6822 Veyaness Road, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 03-03-2022
    Real Estate Related

  9. Central Bank statement, economies were beginning to recover despite further variants

    How many more Bank of Canada hikes are likely in 2022? Fergal McAlindenother The central bank made a landmark increase to its policy rate in Wednesday’s announcement The Bank of Canada’s decision to hike its policy rate for the first time since 2018 will grab headlines – but it was the “right move” and one […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 03-03-2022
    Real Estate Related

  10. New zoning policies that will give advantage to the alcohol manufacturing industry

    West Vancouver zoning proposal encourages breweries, food processors Brent RichterWestern Investor Commercial zoning change will address the district’s lack of light industrial space  Commercial zoning change will address the district’s lack of light industrial space New zoning policies are on tap in the District of West Vancouver that will see craft breweries, wineries, cideries and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 03-03-2022
    Real Estate Related
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