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  1. Canadians are slowly but surely making their return to downtown cores

    Canadians are slowly but steadily returning to the city Fergal McAlindenother Foot traffic across six major urban centres since April 2022 continues to tick upwards  Things have never been quite the same in Canadian city centres since the outbreak of the COVID-19 pandemic in 2020, with widespread office closures, work-from-home orders and public health restrictions […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-08-2022
    Real Estate Related

  2. Residential building construction price index rose by 5.3% in Q2 2022

    Residential construction financing: Broker on the challenges Fergal McAlindenother The sector has been impacted by rate increases – but some builders may see potential  Rate increases throughout the year to date have impacted most sectors of Canada’s mortgage market – and the residential construction financing space is no different, according to a broker who deals […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-08-2022
    Real Estate Related

  3. 17.6 acres land in McCarthy Road sells for $3.4 million

    Lake Country 17.6-acre greenhouse operation sells for $3.4 million MLC Real Estate GroupWestern Investor Agricultural land has 42 greenhouses on flat acreage on Kelowna city boundary. Property type: Land Location: 9719 McCarthy Road, Lake Country, B.C. Size of land:766,656 square feet Size of land in acres: 17.6 acres Zoning: A1 BC Assessment value: $3.59 million […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-08-2022
    Real Estate Related

  4. Off market with long-term tenant in place, retail sells for $2.65 million

    Nanaimo single-tenant retail on NNN lease sells for $2.65 million Marcus & MilllichapWestern Investor Kal-Tire outlet is on Island Highway and on a long-term triple-net corporate lease. Property type: Retail Location: 6590 Island Highway N., Nanaimo, B.C. Type of deal: Off-market with long-term tenant in place. Price: $2.65 million Brokerage: Marcus & Milllichap, Vancouver. Brokers: […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-08-2022
    Real Estate Related

  5. 4,151 square feet retail in Yale Road sells for $1.35 million

    Chilliwack 4,152-square-foot retail site sells for $1.35 million HomeLife Advantage Realty Ltd.Western Investor Downtown restaurant has OCP potential for up-zoning to include high-density housing. Property type: Retail Location: 46090 Yale Road, Chilliwack, B.C. Number of units: 1 (restaurant) Size of property:3,762 square feet Size of land: 4,151 square feet Size of land in acres: 0.1 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-08-2022
    Real Estate Related

  6. Metro Vancouver purchase 97 hectares of land for a new regional park on Bowen Island

    Metro Vancouver plans new $40-million park with camping on Bowen Island Tiffany CrawfordThe Vancouver Sun The preliminary concept for the park includes day-use picnic areas, trails with ‘impressive viewpoints,’ access to the beach, and a supervised overnight camping area.Metro Vancouver is buying 97 hectares of land for a new regional park on Bowen Island jpgMetro […]

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

  7. Edmonton real estate investments bounced back from a slow with a surge in commercial real estate transactions in Q2 2022

    Edmonton land sales surge to $159M in second quarter Frank O’BrienWestern Investor Land sales have bounced back to pre-pandemic levels in Alberta’s capital  Air Products Canada headlined the Edmonton land action with a $399,627-per-acre purchase of 150 acres at 13004 33 Street NE | Submitted Edmonton real estate investments bounced back from a slow start […]

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

  8. Cost difference to rent vs buy in 9 GTA cities

    Rent or Buy Average Monthly Rental Prices vs Monthly Mortgage Payments in the GTA Patti Cosgareaother

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-08-2022
    Real Estate Related

  9. Cost difference to rent vs. buy in 9 GTA cities

    Rent or Buy? Average Monthly Rental Prices vs. Monthly Mortgage Payments in the GTA Patti Cosgareaother As interest rates continue to rise this year, many are shifting their real estate goals from buying to renting. Although, according to the Toronto and Greater Toronto Area (GTA) Rent Report from TorontoRentals.com, average rent prices in the GTA […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-08-2022
    Real Estate Related

  10. Andrew Lis new director of economics and data scientist specializing in real estate and urban land economics | REBGV

    Three questions with Andrew Lis REBGV StaffREBGV REBGV’s new Director of Economics and Data Analytics, Andrew Lis, joined REBGV in July. He’s an applied economist and data scientist specializing in real estate and urban land economics.We asked Andrew three questions to help you get to know him better and preview some of the things he’ll […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-08-2022
    Real Estate Related

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