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  1. Crunching the numbers of condo affordability across the world

    Justin da RosaCanadian Real Estate Wealth Think you have it bad in Toronto and Vancouver? One agency show it can be a lot worse in its analysis of condo affordability around the world and concludes investing in Toronto will continue to provide major gains for investors “With stats from BILD and Altus Group showing 1,880 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-10-2016
    Real Estate Related

  2. Another reason foreign tax is not the answer in GTA

    Toronto real estate development is back logged with red tape Steve Randall Mortgage Broker News While the debate continues on whether Ontario should follow BC with a tax on foreign ownership of homes in the GTA, a report highlights another issue which is driving up home prices. With land supply already restricting the options for […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    10-10-2016
    Real Estate Related

  3. Why real estate sales reps get sued

    REALTORS must keep on top of the latest trends Natalka FalcomerREM Q: What’s the biggest fear most professionals have? A: Getting sued by a client. We all fear lawsuits because of what a lawsuit implies: Poor customer service; lack of knowledge; and overall failure to do what’s right and ethical. Q: What’s a growing trend? A: […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    10-10-2016
    Real Estate Related

  4. CMHC says foreign buyers? pullback in line with existing trend

    The drop in Vancouver home sales part of trend that started before new tax Steve RandallMortgage Broker News   The Vancouver housing market has eased since the introduction of a tax on foreign buyers but the decline continued trends that were already present. “Foreign buyer activity is one of many factors impacting the Vancouver housing […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-10-2016
    Real Estate Related

  5. Skyridge 20 acre site with condos, townhouses and single family lots by Diamond Head Development

    Plenty of variety on offer at Skyridge in Squamish SHAWN CONNERThe Vancouver Sun Project name: Skyridge Project size: a 20-acre site comprising condos, townhouses, duplexes and 30 single-family lots Residence size: 680 — 2,300 square feet Price: $659,000 — $859,000 Developer: Diamond Head Development Architectural design: Murdoch & Company Architecture and Planning Interior design: Tracey […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-10-2016
    Real Estate Related

  6. Edward 51 condos at 288 West King Edward by Mosaic Homes

    Latest project is Mosaic?s fifth in four years in neighbourhood SIMON BRIAULTThe Vancouver Sun Edward Project location: King Edward Avenue and Yukon Street                 Project size: 51 apartments of between 588 and 1,744 square feet; one to three bedrooms Developer: Mosaic Homes Architect: Shift Architecture Interior designer: Cristina Oberti Interior Design Price: from the high $700,000s […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-10-2016
    Real Estate Related

  7. In real estate limbo, how low can we go?

    When will affordability be reached, and who decides on the sweet spot? PETE MCMARTINThe Vancouver Sun A couple of weeks ago, I wrote about the revenue windfall the provincial government was enjoying from the property transfer tax. Revenue from the tax had come in at $2.2 billion, a billion dollars over projections. It had become, I […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-10-2016
    Real Estate Related

  8. Prudential?s $1 trillion asset manager bets on real estate, debt

    Mortgage Broker News PGIM Chief Executive Officer David Hunt said the $1 trillion asset manager is betting on debt and real estate as pension funds and insurers turn to private investments for better returns. “Real estate has been one of the real beneficiaries of this search for yield,” Hunt, who runs Prudential Financial Inc.’s investment […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-10-2016
    Real Estate Related

  9. Vancouver tax spooking potential buyers

    Vancouver home sales plunge nearly 33% last month, real estate board says Ephraim Vecina Mortgage Broker News British Columbia’s 15 per cent foreign home buyers’ tax has essentially chased away a significant proportion of wealthy overseas buyers from Canada’s most expensive city, according to the latest numbers from the Real Estate Board of Greater Vancouver. The […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-10-2016
    Real Estate Related

  10. New rules will cool down mortgage market, not home prices

    A slow down of the housing market will result in a slow down of quality mortgages Ephraim VecinaMortgage Broker News The dynamism of the Canadian mortgage market itself might be at risk due to the tighter regulations announced by Finance Minister Bill Morneau earlier this week, an observer warned. Addenda Capital Inc. co-chief investment officer Jean-Francois […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-10-2016
    Real Estate Related

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