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  1. 2.29 acres industrial land in Surrey sells for $15.34 Million

    Port Kells 2.29-acre industrial site sells for $15.3 million Western Investor StaffWestern Investor Industrial land was listed as the market began to shift downward, agents say, which caused a mid-launch strategy adjustment to a successful sale at $6.7 million per acre in the Port Kells area of Surrey, B.C. Frontline Real Estate Services, Langley, for […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-11-2022
    Real Estate Related

  2. GTA commercial real estate market slowed during Q3 2022 following a strong first half | Avison Young

    Avison Young highlights GTA commercial market’s Q3 performance Ephraim VecinaCMP New report pinpoints market’s strengths and challenges Deviations from market trends established earlier this year were observed Activity in the Greater Toronto Area commercial real estate market slowed during Q3 2022 following a strong first half, according to Avison Young. In its latest market report, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-11-2022
    Real Estate Related

  3. CMAs set to make their return for 2023

    2023 Canadian Mortgage Awards building connections Fergal McAlindenCMP Attending the prestigious gala event opens up a host of possibilities, 2022 winner says The Canadian Mortgage Awards (CMAs) are set to make their return for 2023, with Toronto’s Westin Harbour Castle to host the prestigious awards gala on April 20. Nominations are open until January 13 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-11-2022
    Real Estate Related

  4. Canadian real estate prices are forecast to fall further, but pandemic-era gains won’t be wiped out

    Canadian Real Estate Prices To Fall 30%, Early Stages of Recession Are Here: Ox Econ Daniel Wongother The outlook for Canadian real estate, and the economy in general, is looking a little less bright. Oxford Economics warned clients this week, that we’re already seeing the early stages of a recession. Higher rates to cool inflation […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-11-2022
    Real Estate Related

  5. Canadian-traded crypto ETFs had just C$1.64 billion in assets under management | Daniel Straus

    Crypto Crisis Shrinks ETF Assets in Market That Embraced Them Layan OdehFinancial Post Retail investors in Canada were quick to put money into cryptocurrency exchange-traded funds after regulators allowed a proliferation of products that track Bitcoin, Ether and other digital assets. They’ve lost most of it in a year. (Bloomberg) — Retail investors in Canada […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-11-2022
    Technology Related Articles

  6. Canadian sees their finances hit by so-called unconscious spending habits amid the current cost-of-living crisis

    What’s plaguing Canadians? Fergal McAlindenCMP New survey sheds lightCanadians are seeing their finances hit by so-called unconscious spending habits amid the current cost-of-living crisis, report saysAs mortgage rates continue to rise and Canada’s cost-of-living crisis shows little sign of slowing, many borrowers have felt the pinch throughout this year – but a new survey has […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-11-2022
    Real Estate Related

  7. Canadian sees their finances hit by so-called unconscious spending habits amid the current cost-of-living crisis

    What’s plaguing Canadians? Fergal McAlindenCMP New survey sheds lightCanadians are seeing their finances hit by so-called unconscious spending habits amid the current cost-of-living crisis, report saysAs mortgage rates continue to rise and Canada’s cost-of-living crisis shows little sign of slowing, many borrowers have felt the pinch throughout this year – but a new survey has […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-11-2022
    Real Estate Related

  8. 0.87 acres multi-family rental in Kitsilano sells for $35.25 Million

    Kitsilano 74-unit rental building sells for $35.25 million Western Investor StaffWestern Investor The updated, well maintained 56-year multi-family property is close to Vancouver’s Kits Beach on a 0.87-acre lot. Goodman Commercial, Vancouver, for Western Investor   Property type: Multi-family rental Location: 2055 York Avenue, Vancouver Number of units: 74 Property size: 48,128 square feet (rentable) […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-11-2022
    Real Estate Related

  9. Canadians believe that a recession is looming just beyond the horizon

    How many Canadians are bracing for a recession? Ephraim VecinaCMP Recession fears are revealed More than half of Canadians are anticipating any such recession to last at least a year A significant share of Canadians now believe that a recession is looming just beyond the horizon, according to a bi-annual report released earlier this week […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-11-2022
    Real Estate Related

  10. Cap rates across office, industrial and retail properties inched up in the Q3 | CBRE

    Rising cap rates linked to strong cash flows, not weak demand Peter MithamWestern Investor Income-producing properties are providing a hedge against rising costs Cap rates on rising in B.C. but solid cash flows are so far supporting asset values.Chung Chow/Business in Vancouver Rising cap rates point to the importance of cash flows in the current […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    23-11-2022
    Real Estate Related

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