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  1. A shift away from the intense heat of Canada’s pandemic-era housing market

    As market cools, significant opportunity remains – leading broker Fergal McAlindenother A less intense market could lead to favourable conditions for many buyers and brokers alike Activity in Canada’s housing market has slowed noticeably compared with last year, if recently released April sales figures are anything to go by – but significant opportunity still exists […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    13-05-2022
    Real Estate Related

  2. 0.4 acres multi-family strata sold for $100,000 above the list price

    Nanaimo 27-unit multi-family building sells for $6.2 million Macdonald Commercial Real Estate Services Ltd.Western Investor Strata-titled apartment property on 0.4 acres sold for $100,000 above the list price Macdonald Commercial Real Estate Services Ltd., Vancouver, for Western Investor Property type: Multi-family strataLocation: 116 Prideaux Street, Nanaimo, B.C.Number of units: 27Property size: 17,630 square feetLand size […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-05-2022
    Real Estate Related

  3. 2.36 acres retail centre sell for $7.27 Million located in 175 Street NW, Edmonton

    Edmonton retail centre on 2.3 acres sells for $7.27 million Re/Max Excellence CommercialWestern Investor Westgate Crossing is fully leased to seven tenants in a 39,116-square-foot mall Re/Max Excellence Commercial, Edmonton, for Western Investor Property type: RetailLocation: 10104 175 Street NW, EdmontonLeasable area: 39,116 square feetLand size in acres: 2.36 acresNumber of tenants: 7Sale price: $7.27 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-05-2022
    Real Estate Related

  4. Manitoba mineral development fund has approved $1M to support exploration in Q1 of 2022

    Manitoba invests more than $1 million in mineral exploration Ian GrahamWestern Investor Retaining workers, attracting investment are key challenges for the mining sector, says the province’s economic development minister Junior mining companies are the big winners in the latest round of funding from the Manitoba Mineral Development Fund. Manitoba Economic Development Minister Cliff Cullen announced […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-05-2022
    Real Estate Related

  5. Manitoba mineral development fund has approved $1M to support exploration in Q1 of 2022

    Manitoba invests more than $1 million in mineral exploration Ian GrahamWestern Investor Retaining workers, attracting investment are key challenges for the mining sector, says the province’s economic development minister Junior mining companies are the big winners in the latest round of funding from the Manitoba Mineral Development Fund. Manitoba Economic Development Minister Cliff Cullen announced […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-05-2022
    Real Estate Related

  6. Winnipeg’s industrial availability in Q1 was 2.8% on an inventory of 77.7 million square feet

    Winnipeg industrial builders ramp up to meet i’nsatiable demand’ Peter MithamWestern Investor Hopewell plans to develop nearly 300,000 square feet in two spec buildings Strong demand has prompted MMI to proceed with the second phase of Steele Business Park at CentrePort Canada in Winnipeg.SubmittedBuild it and they will come is the guiding principle of industrial […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-05-2022
    Real Estate Related

  7. City of Humboldt to submit grant application for Humboldt Broncos Tribute Centre

    Humboldt seeks funding for $35 million arena expansion Lara FominoffWestern Investor Tribute centre, second ice surface and community uses are planned An artist’s rendering shows the proposed expansion to the Elgar Petersen Arena.Submitted Plans for a $35 million expansion to the civic arena in Humboldt are a step closer to reality. Humboldt city council voted […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-05-2022
    Real Estate Related

  8. Raising rates put B.C. housing “a path to normalizing” as prices and sales slide in April

    Real estate association says higher interest rates pushing B.C. home sales back toward normal The Canadian PressCBC Radio  April numbers from the B.C. Real Estate Association show a decreases in home sales of 34.9 per cent from the record high set in April last year. (Ben Nelms/CBC News) The British Columbia Real Estate Association says […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-05-2022
    Real Estate Related

  9. 8,008 homes sold through MLS in April 2022 | GTA Realtors

    Spring has sprung, but Canadian home sales on ice after Bank of Canada forces rate hikes National Post StaffThe Vancouver Sun Dramatic drops from Vancouver to Halifax in April after increase in mortgage rates Sales across much of Canada have slowed dramatically after the Bank of Canadas interest-rate hike forced banks to also move theirs […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-05-2022
    Real Estate Related

  10. Industry faces limitations to meet promises for housing

    Housing shortcomings linked to undercounted demand, lack of construction capacity: CIBC Michelle McNally Livabl Interest rates are climbing higher, but some economists argue that an adjustment to rates won’t make much of an impact in the housing market without dealing with Canada’s chronic supply issue. In a new In Focus article with CIBC Capital Markets, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-05-2022
    Real Estate Related

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