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  1. 4,026 square feet industrial lot in Vancouver sells for $2.46 million

    East Vancouver 4,026-square-foot industrial lot sells for $2.46 million Avison YoungWestern Investor Currently improved with a fully leased residential triplex, Graveley Street lot of less than a 10th of an acre has potential for 3FSR of industrial density. Property type: Industrial lot Location: 1321 Graveley Street, Vancouver Land size: 4,026 square feet Potential: 3 FSR […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    23-08-2022
    Real Estate Related

  2. Scotiabank is the first of Canada’s traditional Big Six banks to post its earnings for the final quarter

    Scotiabank reports Q3 earnings Fergal McAlindenother The banking giant revealed its financial results amidst turbulent economic conditions Scotiabank reported higher earnings compared with a year earlier in its Q3 financial results released on Tuesday morning, although the banking giant’s profit in the third quarter came in slightly below estimates. The bank posted net income excluding […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    23-08-2022
    Real Estate Related

  3. 4,026-square-foot industrial lot sells for $2.46M located in 1321 Graveley Street, Vancouver

    East Vancouver 4,026-square-foot industrial lot sells for $2.46 million Avison YoungWestern Investor Currently improved with a fully leased residential triplex, Graveley Street lot of less than a 10th of an acre has potential for 3FSR of industrial density. Avison Young, Vancouver, for Western Investor   Property type: Industrial lot Location: 1321 Graveley Street, Vancouver Land […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    22-08-2022
    Real Estate Related

  4. Metro Vancouver markets saw home price declines in Q3

    Sunshine Coast, Squamish buck trend of lower home prices Jeremy HainsworthWestern Investor High-priced Vancouver’s West Side and West Vancouver also out-perform three-quarters of Metro markets  Detached house prices on the Sunshine Coast of B.C. are holding steady, Re/Max study finds. | Western Investor While three-quarters of Metro Vancouver markets saw home price declines, detached house […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    22-08-2022
    Real Estate Related

  5. Here are a few possible reasons why townhouses can be hard to sell

    The top five reasons townhouses are hard to sell Jonathan Russellother The top five reasons townhouses are hard to sell  Townhouses are an attractive option for anyone looking to buy a home quickly, usually young families. But while purchasing a townhouse may make sense, there are things to consider a little further down the line, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    22-08-2022
    Real Estate Related

  6. 64-unit Cottages at Southgate housing complex opens in Lethbridge, Alberta

    Alberta community receives substantial housing funding Ephraim Vecinaother New housing complex to begin accepting residents by next month Federal and provincial officials announced a massive $15.8 million in combined funding during the grand opening of the 64-unit Cottages at Southgate housing complex in Lethbridge, Alberta. The development, which will primarily cater to seniors in need […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    22-08-2022
    Real Estate Related

  7. 1.39 acres industrial land in Maple Ridge sells for $6.88 Million

    Maple Ridge 1.39-acre auto recycler business sells for $6.88 million Western Investor StaffWestern Investor Sale of industrial land and 7,900-square-foot building said to set record price for Metro Vancouver suburban city. Royal LePage Westside Klein Group, Vancouver, for Western Investor   Property type: Industrial Location: Kanaka Business Park, 13176 Lilley Drive, Maple Ridge, B.C. Property […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-08-2022
    Real Estate Related

  8. Canada’s inflation rate hit 8.1% in June

    Where are interest rates headed for the rest of 2022? Fergal McAlindenother The year to date has already seen its fair share of surprising news where variable and fixed rates are concerned  It may seem hard to believe, but 2022 will soon be entering its closing stretch as the summer ends and fall comes into […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-08-2022
    Real Estate Related

  9. Canadian seeking detached homes have return to the market amid softer values in Q2

    ‘Softer’ values for detached homes bringing buyers back into the market, RE/MAX study finds Shantae CampbellThe Vancouver Sun Second-quarter home sales increased across 40% of GTA neighbourhoods  Homes in Toronto. Photo by James MacDonald/Bloomberg files Canadians seeking detached homes have returned to the market amid “softer” values in the second quarter, according to a new […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-08-2022
    Real Estate Related

  10. Canada’s housing affordability continue to decline in Q2 2022

    Housing affordability deteriorates to new lows Mika Pangilinanother Q2 marks “worst quarterly and annual deteriorations in 41 years” Housing affordability across Canada continued to decline during the second quarter of the year, hitting the worst level of deterioration since the 1980s. According to a recent report from the National Bank of Canada, mortgage payments now […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-08-2022
    Real Estate Related

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