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  1. 16.8% year over year decline in home sales in April | Saskatchewan

    Is Saskatchewan set to weather the coming rates storm? Fergal McAlinden other The province’s housing market appears well positioned to ride out impending rate increases  As housing markets across Canada contend with the rising interest rate environment, Saskatchewan registered a 16.8% year-over-year decline in home sales in April – although activity in the province remains […]

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

  2. Calgary housing sales set record high for the month of April | CREB

    Calgary home sales hit record level for second straight month Frank O’BrienWestern Investor April transactions were up 6 per cent, prices rise 2 per cent year-over-year Calgary’s condo apartment benchmark price is up 8 per cent year over year to $262,700. | Western InvestorFollowing an all- time record high month for sales in March, Calgary […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-05-2022
    Real Estate Related

  3. Advisory group could help proposed Saskatoon downtown arena district become reality

    Saskatoon finalizing options for a downtown event district Peter MithamWestern Investor

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-05-2022
    Real Estate Related

  4. Blackstone targets Canadian real estate, opens office in Toronto

    International giant opens Toronto office as it targets Canada real estate Fergal McAlindenother The company has made a significant appointment to help propel its Canadian growthBlackstone Inc., the world’s largest alternative asset manager, has opened an office in Toronto as the company seeks to expand its footprint in Canadian real estate.In a statement released on […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-05-2022
    Real Estate Related

  5. A 32-storey office tower begins construction in downtown Vancouver

    First office tower to be built post-pandemic in downtown Vancouver offers enticements Joanne Lee-YoungThe Vancouver Sun Each floor will have its own air circulation and filtration system that can be sealed off and controlled separately from the rest of the building.Rendering of Vancouver’s first post-COVID office tower at 1166 West Pender. It will be 32 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-05-2022
    Real Estate Related

  6. New condo prices increase amidst higher demand

    Low inventory, higher demand boosts Canadian new condo prices in Q1-2022 Michelle McNally Livabl The cost of buying a brand new condo apartment in Canada increased a little more during the first months of 2022 thanks to higher demand from purchasers and less inventory on the market. Statistics Canada recently released its quarterly New Condominium […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-05-2022
    Real Estate Related

  7. 5 acres industrial land in Port Coquitlam sells for $10.6 million

    Port Coquitam 5-acre industrial site sells for $10.6 million Lee & Associates LtdWestern Investor Land is in the ‘Dominion Triangle’ industrial-commercial zone of the Tri-Cities and seen as ideal for industrial development Property type: Industrial land Location: 590 Dominion Avenue, Port Coquitlam, B.C. Land size, in acres: 5 acres Zoning: Industrial Sale price: $10.6 million […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-05-2022
    Real Estate Related

  8. Housing trends indicate that the BOC rate tightening cycle to have significant impact | RBC

    RBC: Impact of BoC’s 50bp hike now starkly apparent in housing market Ephraim Vecina other Some markets saw their most significant declines in activity in recent years Current housing market trends indicate that the Bank of Canada’s rate tightening cycle is starting to have a significant impact, according to RBC Economics. This was most apparent […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-05-2022
    Real Estate Related

  9. Multi family rental in Vancouver sold for $5.59 Million

    Vancouver 11-unit multi-family sells at $518,818 per door Colliers CanadaWestern Investor Property on a 5,495-square-foot corner lot in Fairview, close to future Broadway SkyTrain station, sold for $5.95 million. Colliers Canada, Vancouver, for Western InvestorProperty type: Multi-family rentalLocation: 1015 West 13 Avenue, Vancouver.Number of suites: 11Land size: 5,495 square feetBuilt: 1949 (“meticulously maintained”)Price: $5.95 millionBrokerage: […]

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

  10. 2.12 acres land sells for $9.95 Million located in 3547 Skaha Lake Road, Penticton, B.C.

    Penticton 2.1-acre site with potential sells for $9.95 million HM CommercialWestern Investor Okanagan city’s history, land is across from Skaha Lake with development potential, including multi-family. HM Commercial, Kelowna, for Western InvestorType of property: LandLocation: 3547 Skaha Lake Road, Penticton, B.C.Size of land in acres: 2.12 acresPrice: $9.95 millionBuyer: Primex Investments, Vancouver.Brokerage: HM Commercial, Kelowna, […]

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

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