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  1. Bank of Canada sounds the alarm over market imbalance – sort of

    Olivia D’OrazioOther While the Bank of Canada said it’s worried about a potentially overvalued housing market, the country is not about to host the kind of crash that plagued many cities in the United States.   In its biannual Financial System Review, the BoC said Canada’s housing market could be overvalued by 10 to 30 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-12-2014
    Real Estate Related

  2. Crowdfunding real estate

    Joanna WeinsteinOther People have turned to crowdfunding to raise money for everything from potato salad to personal submarines.  But one entrepreneur is banking on crowdfunding in a new market: real estate. “We are the e-trade of real estate investing,” said William Skelley. Skelley co-founded start-up iFunding, a real estate crowdfunding platform connecting investors with developers. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-12-2014
    Real Estate Related

  3. House prices set to fall, Calgary real estate consultant warns

    Lower oil prices could contribute to a downturn in the market Other A realty analyst is urging caution to Calgarians who are thinking about putting their homes on the market. Ross Kay said after an unprecedented 42 months of expansion, a number of factors are leading to a downturn. “It’s only natural. A market does […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-12-2014
    Real Estate Related

  4. Use a local realtor when ever buying off shore

    Selling Bahamas: what you need to know Olivia D’OrazioOther It is a dream vacation for many Canadian agents – a trip to the Caribbean to help a client buy a $2 million home, but agents in those jurisdictions are sending out a reminder about the right – and the wrong – way to do it. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-12-2014
    Real Estate Related

  5. Real estate in Chilliwack on the rebound for 2014

    Jennifer FeinbergOther It’s been a stellar year so far in Chilliwack real estate sales. “It’s actually been very very good,” said Jake Siemens, president of the Chilliwack and District Real Estate Board. There are still a few more weeks left of 2014, but already there are clear signs the local market is bouncing back. “We’ve […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-12-2014
    Real Estate Related

  6. Drones: Are they worth the investment?

    Jennifer PatersonOther Investors and real estate professionals are increasingly using small, commercial drones for marketing, but they will never replace the due diligence needed to acquire a property, say experts. “It’s just an additional tool to help calm the nerves,” said Kyle Pulis, president of Pulis Investments. “An investor should still drive or fly out to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-12-2014
    Real Estate Related

  7. Canada needs another 4.5 million homes warns study

    Jamie HenryOther A new study says that we will need another 4.5 million homes over the next three decades. The report from Urban Futures points to population growth and increasing life expectancy and shows a marked departure from the predictions that had historically been reported. The generation that followed the baby boomers was smaller in […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-12-2014
    Real Estate Related

  8. Adjusted housing starts rise in November

    Olivia D’OrazioOther Housing starts across Canada remained flat year over year in November, although seasonally-adjusted numbers point to growing momentum in British Columbia and Quebec as developers ramp up to meet immigration demands. “The trend essentially held steady for a third consecutive month in November,” said Bob Dugan, CMHC’s chief economist, in releasing November numbers Monday. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-12-2014
    Real Estate Related

  9. New home prices to increase by $5000-$10,000 due to government tariffs for China rebar

    B.C. new home buyers feel weight of heavy rebar tariff JUSTINE HUNTER, ADRIAN MORROW Other The cost of a trade dispute between steel producers in Central Canada and their offshore competitors is being felt by new home buyers in Metro Vancouver’s already super-heated condominium market. Neil Chrystal, president and CEO of Polygon Homes, only learned […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-12-2014
    Real Estate Related

  10. Is the role of Realtor becoming defunct?

    Olivia D’OrazioOther The widespread use of technology is effectively pushing agents out of the equation, say industry players arguing clients are increasingly finding their own dream home. “The role of the Realtor is definitely changing,” says Carl Langschmidt, the founder of MrLoft.ca, Condos.ca and Property.ca. “It’s not about finding a home and educating [clients] on the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-12-2014
    Real Estate Related

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