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  1. BoCs hiking interest and mortgage rates in an effort to tamp down in inflation

    Vancouver home sales down 46% from last Sept., 10% from August: board Canadian PressThe Vancouver Sun The B.C. board says sales in the region totalled 1,687 last month, down from 3,149 the September before and 1,870 in August. Houses are seen on a hillside in Burnaby, B.C., on Saturday, April 17, 2021. The Real Estate […]

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

  2. Not ready to buy? Here’s 10 most affordable places to rent in Canada

    Ten most affordable places to rent in Canada in 2022 Jonathan Russellother It is important to compare average rent prices with the cost-of-living in each city  Not ready to buy? There are still plenty of great places to rent in this country, whether you are ready to leave the more expensive rental markets or you’re […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-10-2022
    Real Estate Related

  3. New office building sells for $123M Located in 220 Prior Street, Vancouver

    East Vancouver 102,000 sq.ft. office tower sells for $123 million Western Investor StaffWestern Investor New building is in False Creek Flats and will complete in 2024 adjacent to the new St. Paul’s Hospital, which is now under development. Avison Young, Vancouver, for Western Investor   Property type: New office building Location: 220 Prior Street, Vancouver […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    29-09-2022
    Real Estate Related

  4. Real estate market in Edmonton area have been on a roller coaster ride since record-breaking peaks earlier in Spring 2022

    Late Summer Cool Off for the Edmonton Area Real Estate Market Carrie Lysenkoother  Like most of the country, the real estate market in the City of Edmonton and surrounding areas have been on a roller coaster ride since record-breaking peaks earlier in Spring 2022.  Being bolstered by the high prices of oil this year as […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    29-09-2022
    Real Estate Related

  5. Harbour Centre is the incumbent primary connectivity hub for Western Canada, Jones say

    Downtown heritage department store to evolve into ‘hotel for computers’ John MackieThe Vancouver Sun Two floors of the former David Spencer, Eaton’s and Simpsons-Sears store will be converted to the Spencer Building Carrier Hotel  Two floors of the 1926 David Spencer department store building at 515 West Hastings St. are being converted to the Spencer […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    29-09-2022
    Real Estate Related

  6. Harbour Centre is the incumbent primary connectivity hub for Western Canada, Jones say

    Downtown heritage department store to evolve into hotel for computers John MackieThe Vancouver Sun

    By Les Twarog Vancouver Real Estate and Condo Blog
    29-09-2022
    Real Estate Related

  7. Canada’s mortgage and housing markets continue to shift

    Brokerage partners on the value of good advice Fergal McAlindenother Comprehensive guidance helped borrowers absorb the shock of interest rate rises, says duo  As Canada’s mortgage and housing markets continue to shift, many borrowers who purchased a home during the pandemic-era boom are having to contend with interest rates dramatically higher than when they initially […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    29-09-2022
    Real Estate Related

  8. 19,034 sq.ft. development land in Nanaimo sells for $1.69 Million

    Nanaimo 0.4-acre land assembly sells for $1.69 million Western Investor StaffWestern Investor The land in Vancouver Island city ‘s south end is seen as a prime for residential development. Fraser Elliott, Vancouver , for Western Investor   Property type: Development land Location: 535-545 Nicol Street, 575 Nicol Street and 120 Needham Street, Nanaimo, B.C. Land […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-09-2022
    Real Estate Related

  9. Home prices will drop 2.2% this year

    Revealed how much Canada home prices will fall this year Fergal McAlindenother The market cooldown is set to continue The national average home sale price will fall 2.2% in the remaining months of the year, according to a new report by RE/MAX Canada. Soaring interest rates, sky-high inflation, global economic unrest and higher mortgage costs […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-09-2022
    Real Estate Related

  10. Unprecedented demand unsustainable price increases we’ve seen across Canada

    Home prices to decrease 2.2 per cent this fall, Re/Max report forecasts Canadian PressThe Vancouver Sun The network of real estate brokers and agents said Wednesday the moderation in the market for the September-to-December period comes amid rising interest rates, record inflation and broader global and economic uncertainties.  A home for sale and sold sign […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-09-2022
    Real Estate Related

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