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  1. Amenity contributions are a “double-edged sword” that create “a big revenue stream | Alex Boston

    Douglas Todd: Vancouver is selling increased density to pay for more amenities. Is it worth it? Douglas ToddThe Vancouver Sun Opinion: Developers’ contributions to infrastructure are a “double-edged sword” that lead to too much luxury housing. But they also create “a big revenue stream,” says specialist  The city of Vancouver website applauds the way property […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 21-06-2022
    Real Estate Related

  2. Demand for industrial strata developments continued including Tri-Cities

    Coquitlam 3.4 acres of industrial sells $6.4 million above assessed value Frank O’ BrienWestern Investor Near Coquitlam Town Centre, the land is meant to develop into 100,000 square feet of strata industrial space in a joint-venture play Price of more than $7 million per acre among highest in Metro Vancouver industrial land transactions this year. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 21-06-2022
    Real Estate Related

  3. Canadian inflation rate reach four-decade high of 7.3% in May

    Canada inflation rate could reach four-decade high Ephraim Vecinaother This could force the Bank of Canada into implementing even larger interest rate jumps Canadian inflation is likely to reach its fastest pace since 1983, with a Bloomberg survey of economists pegging an average annual inflation rate of 7.3% in May.Such a level will provide ample […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 20-06-2022
    Real Estate Related

  4. GTA home sales decline monthly and annual basis in May | TRREB

    Toronto housing market is balance gradually returning? Ephraim Vecinaother

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 20-06-2022
    Real Estate Related

  5. Kits social housing project faces neighbourhood opposition

    Kitsilano resident group rejects proposed social housing building, calls for better model Tahmina Azizother

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 17-06-2022
    Real Estate Related

  6. Kits social housing project faces neighbourhood opposition

    Kitsilano resident group rejects proposed social housing building, calls for better model Tahmina Azizother  A vocal group in Kitsilano is once again rejecting plans for a social housing building in the neighbourhood. The 13-storey building would provide 129 social housing units to low-income people and those experiencing homelessness. Kitsilano Coalition released a statement on Thursday, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 17-06-2022
    Real Estate Related

  7. Canadian real estate market correction is going on, but not a crash | Desjardins

    No need to panic about cooling housing market crash unlikely Joel SchlesingerThe Vancouver Sun Desjardins Economics notes sales expected to slow in Canadian Residential Real Estate Outlook. Desjardins Economics says a Canadian real estate market correction is going on, but not a crash. Photo by Luke Hendry /PostmediaCanada’s housing market is cooling, but it’s not […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 17-06-2022
    Real Estate Related

  8. Strata office of 1,051 square feet in downtown Vancouver sells for $1.29 Million

    Howe Street corner office sells at full list of $1.29 million Western Investor StaffThe Vancouver Sun Strata office of 1,051 square feet in downtown Vancouver sold for nearly $350,000 over assessment value. Re/Max Commercial Advantage, Vancouver, for Western Investor Property type: Office strata Location: 801, 1081 Howe Street, Vancouver Property size: 1,051 square feet Zoning: […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 17-06-2022
    Real Estate Related

  9. Average rents in Canada increase 10.5% year over year

    Here is how much the average apartment costs to rent in Vancouver in June 2022 Elana ShepertaWestern Investor Canadian rental prices have seen the highest month-over-month increase in years.Canada has seen the biggest rental increase in June 2022 in years, according to Rentals.ca. Find out prices in Toronto, Burnaby, Oakville and Burlington.Photo via Feng Wei […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 17-06-2022
    Real Estate Related

  10. 3 recommendations how to make home ownership more affordable in June 2022 | REBGV

    PTT thresholds: REBGV makes housing affordability recommendations to province REBGV StaffREBGV The Real Estate Board of Greater Vancouver (REBGV) made three recommendations on how to make home ownership more affordable during consultations with the provincial government in June 2022. Each year, the Select Standing Committee on Finance and Government Services holds a public consultation to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-06-2022
    Real Estate Related
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