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  1. First-time buyers are ready to get on the ladder

    Steve RandallOther First-time homebuyers in Canada believe that now is the right time to get on the property ladder, according to a new poll by mortgage lender RBC. It showed that out of the one in four Canadians who plan to buy a home in the next two years, 44 per cent will be first-timers. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-06-2015
    Real Estate Related

  2. Bank of Canada: Risk of housing crash, but not imminent

    Steve RandalOther The Bank of Canada published its latest semi-annual review of the country’s financial system Thursday which concluded that risk is slightly higher than it was in December although the system is generally stable. Household debt continues to be a concern; the bank warned that in the event of job losses, many families would […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-06-2015
    Real Estate Related

  3. Google injunction to block website from search results upheld by B.C. Court of Appeal

    B.C. Court of Appeal judges says search giant must comply with court order Other The B.C. Court of Appeal has upheld a decision ordering Google to remove a company’s website from its search engine results worldwide. Google ordered by B.C. judge to block website from search results The court order made in June 2014 was part of a battle between Equustek, a Burnaby, B.C., […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-06-2015
    Technology Related Articles

  4. No need for policy on foreign investment says BCREA

    Other The British Columbia Real Estate Association has published a report on the implications of foreign buyers on the housing market in the province. It has concluded that there is no need for government action to tackle the issue at this time. The report notes that housing affordability is, and has for a long time, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-06-2015
    Real Estate Related

  5. Diversified Royalty Corp. to buy Sutton Group trademarks for $30.6 million

    Other Vancouver-based Diversified Royalty Corp. has inked a deal with Sutton Group Realty Services to acquire the Canadian and U.S. trademarks and other intellectual property rights for $30.6 million. Immediately following the closing of the acquisition, Diversified Royal Corp. will license the Sutton Group trademarks back to Sutton for 99 years, in exchange for an […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-06-2015
    Real Estate Related

  6. Seniors skeptical over provincial property tax program

    Other It seems that seniors in Alberta would rather struggle to pay property taxes than to take what they perceive as a risk from provincial help. The Alberta Seniors Property Tax Deferral Program enables seniors who own their homes to get a loan from the government to cover property taxes for as long as they […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-06-2015
    Real Estate Related

  7. Vancouver buyer pays $1 million over asking price

    Other The bidding wars in Vancouver are intensifying, leading to more buyers paying larger premiums to secure the home of their dreams. The National Post reports that a West Vancouver home listed at $2.98 million sold for $4.1 million, more than a million over the asking price and a premium of 37 per cent. The […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-06-2015
    Real Estate Related

  8. City wants more family housing – 8,000 families living in one-bedroom, studio apartments

    Mike HowellVan. Courier With 8,000 families in Vancouver living in studio and one-bedroom apartments, city hall staff revealed Tuesday it is considering a city-wide rezoning policy to allow for the development of family housing near parks, schools and community centres. Triggered by a shortage of three-bedroom units in a tight rental housing market and ownership […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-06-2015
    Real Estate Related

  9. Rogers shuts down Zoocasa, its online real estate brokerage

    TAMSIN McMAHONOther Zoocasa, the online discount real estate brokerage owned by Rogers Communications Inc., abruptly shut down, delivering another blow to consumers looking for low-cost options to buy and sell their homes. The company sent notes to its real estate agent clients on Tuesday announcing that it was ending its agreements with real estate agents […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-06-2015
    Real Estate Related

  10. Landlords struggle to draw tenants

    Jordan MaxwellOther The pool of prospective tenants are drying up in Calgary as a tough job market is forcing some to reduce rents in response – and the situation could worsen as tenants leave the market for good. “People are having to break leases, which is making it tough for landlords,” said Bill Blake, a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-06-2015
    Real Estate Related

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