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  1. GDP falls; real estate industry partly to blame #LesTwarog

    Justin da RosaOther Canada’s real gross domestic product (GDP) fell 0.1 per cent in January due in part to sagging construction and diminishing output from real estate professionals. “Construction fell 0.4 per cent in January. Both residential and non-residential building construction were down, while engineering construction was up,” an official Stats Canada release states. “The […]

  2. Mainland Chinese buyers are really driving markets from Sydney through New York to London, and Canadian cities like Vancouver

    Mulroney: Canada must get creative with foreign ownership in Vancouver Jordan MaxwellOther Canada’s former ambassador to China, David Mulroney, has jumped into the debate surrounding foreign ownership in Vancouver’s real estate market and how it affects affordability in his new book, Middle Power, Middle Kingdom. “Mainland Chinese buyers are really driving markets from Sydney through […]

  3. Alberta’s new budget spares real estate market

    Jordan MaxwellOther Alberta’s new provincial budget was rife with tax increases, including those relating to real estate, but agents on the ground say those fee increases aren’t likely to really impact the market. “Alberta right now is an interesting time,” says Duane Ritter, a sales rep in Edmonton. “I don’t really believe the budget will […]

  4. “Stacked Towns” an Emerging Form of Housing for Vancouver #LesTwarog

    With detached homes now unattainable for many, there are innovative alternatives such as this housing form found in Toronto and Montreal, says Michael Geller Michael Geller Vancouver planner,Other My parents’ first home purchase was a detached single-family house in Toronto. My first home purchase was a detached single-family house in Ottawa. However, I do not […]

  5. Housing co-ops face tough decisions as subsidies end

    Frank O’BrienVan. Courier Aging B.C. housing co-operatives are in limbo as federal government subsidies end and restrictions limit their options. Ironically, for some of Vancouver’s 108 non-profit housing co-ops, real estate speculation could be the saviour. There are 264 housing co-operatives in B.C., mostly in Metro Vancouver. About 6,000 Vancouver residents live in co-ops, some […]

  6. Binning House excellent location and quality finishes

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  7. Mortgage default insurer releases comprehensive condo study

    Justin da RosaOther In a comprehensive study of condo markets across Canada, Genworth and the Conference Board of Canada are predicting a soft landing in most cities, with some expected to see more significant price drops. “From a national perspective, these findings support an overall balanced outlook on Canada’s condo market for 2015, with the […]

  8. How to protect secondary suites

    Jennifer PatersonOther A Hamilton city councillor has jump started a conversation about simplifying the application process for secondary suites in seeking to penalize those who add those units without the necessary go-ahead. “Perhaps the process needs to be improved to reduce the processing time for this type of application or more education of the public […]

  9. Quotes from Important people to inspire

    Other Jack Welch (Former chairman and CEO, General Electric) “Arrogance is a killer, and wearing ambition on one’s sleeve can have the same effect. There is a fine line between arrogance and self-confidence.” — Jack: Straight from the Gut, 2001.    Henry Ford (Founder, The Ford Motor Company) “A business that makes nothing but money […]

  10. Condos, New Housing Forms, Langley the Only Options for Future Buyers: Vancity #LesTwarog

    Average Vancouver home will cost $2.1 million by 2030, according to new Vancity report – so Millennials will have to adapt Joannah ConnollyOther Downsizing the Canadian Dream: Homeownership Realities for Millennials and Beyond says that owning a property in the city will cost 108 per cent of the average household’s monthly income in 2030, up […]