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  1. Canadian home prices drop by 4.9% on a quarterly basis in the Q3

    Home prices to turn negative for 2022 Royal LePage Shantae Campbellother

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-10-2022
    Real Estate Related

  2. Edmonton home prices remain steady, despite a dip in sales across all housing categories

    Edmonton Condo Values Holding Strong Despite Sales Trending Down Daniel Crookother Unlike many other Canadian cities, Edmonton home prices have remained steady through September, despite a dip in sales across all housing categories, according to the Realtors Association of Edmonton. The average price of a home was $375,000, down just 0.7% year-over-year, while sales in […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    10-10-2022
    Real Estate Related

  3. Toronto – 5 things to watch for in Canadian Business

    Five things to watch for in Canadian business in the coming week The Canadian PressThe Vancouver Sun The Canadian Real Estate Association is set to release September home sales figures on Friday.  An aerial view of housing in Calgary is shown on June 22, 2013. Photo by Jonathan Hayward /THE CANADIAN PRESS TORONTO — Five […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-10-2022
    Real Estate Related

  4. BoC’s expected to continue hiking its trendsetting interest rate in the coming months, Hogue says

    Housing market correcting, not crashing: RBC economist Fergal McAlindenother Still, there’s some way to go before the downturn reaches its endpoint  While home prices across Canada are projected to fall further into the early part of next year, the housing market is in the midst of a correction rather than a crash, according to a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-10-2022
    Real Estate Related

  5. New listings in the GTA remained troubling, despite purchase activity having declined in recent months

    How can Toronto’s housing supply crisis be solved? Fergal McAlindenother The city is facing a “critical shortage,” says real estate board president  The ongoing housing market slowdown and lower demand shouldn’t distract from the “critical shortage” of homes available for purchase in the Greater Toronto Area (GTA), the president of the region’s real estate board […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-10-2022
    Real Estate Related

  6. 1.072 acres light industrial in Surrey sells for $10.35 Million

    Surrey one-acre industrial with business sells for $10.35 million Western Investor StaffWestern Investor The 8,325-square-foot building holds a profitable welding and fabrication business in Port Kells, close to Trans-Canada Highway Fraser Elliott, Vancouver, for Western Investor   Type of property: Industrial and with business Location: 18697 96 Avenue and 18725 96 Avenue, Surrey, B.C. Property […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-10-2022
    Real Estate Related

  7. 1.05 acres of development land in Langley sells for $2.95 Million

    Langley 1.05-acre infill site sells for $2.9 million Western Investor StaffWestern Investor Development site in Willoughby’s Routley neighbourhood of Langley is designated residential bonus density 2, with potential for traditional and compact single-family units. Frontline Real Estate Services, Langley, for Western Investor   Property type: Development land Location: 19819 68 Avenue, Langley B.C. Land size: […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-10-2022
    Real Estate Related

  8. 1.23 acres land assembly in Vancouver sells for $23.8 Million

    East Vancouver 1.23-acre Trout Lake assembly sells for $23.8 million Western Investor StaffWestern Investor

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-10-2022
    Real Estate Related

  9. Toronto home sales down 10% from August, 44% from last year

    Toronto home sales plunge further in September Fergal McAlindenother The city’s housing market slowdown is continuing September home sales in the Toronto area were down 10% from August and 44% over the same month last year, while the number of new September listings was at its lowest for two decades. That news, revealed by the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-10-2022
    Real Estate Related

  10. Metro Vancouver homes sales drop 50% compared last earlier

    Metro Vancouver homes sales slide but prices stick Frank O’BrienWestern Investor With more than 15,700 homes listed for sale in a slowing market, prices may face further downward pressure Sales are down, listings up and pricea are holding steady. | Western InvestorSeptember housing sales across Greater Vancouver and the Fraser Valley dropped as much as […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-10-2022
    Real Estate Related

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