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  1. RECENT REGULATION REGARDING ASSIGNMENTS

    BCREAother In May 2016, in response to public concern over the flipping of single family residential properties in a surprisingly robust residential market, the provincial government amended the Real Estate Services Regulation concerning the assignment of Contracts of Purchase and Sale (CPS).1 The amendment is designed to ensure that buyers and sellers are properly advised […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    02-09-2016
    Real Estate Related

  2. Sale of your principal residence

    Capital gain payable on non-principal residence Canada Revenewother When you sell your home or when you are considered to have sold it, usually you do not have to report the sale on your income tax and benefit return and you do not have to pay tax on any gain from the sale. This is the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    02-09-2016
    Real Estate Related

  3. Vancouver searches plunge on Chinese real estate site

    Inquiries for luxury homes dropped 55 per cent after foreign tax introduced Frank O’Brien Vancouver Courier Searches for Metro Vancouver homes on China’s largest foreign property real estate portal plunged the day the B.C. government introduced a controversial 15 per cent tax on foreign homebuyers. “The 25th of July was the day the B.C. government […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-09-2016
    Real Estate Related

  4. Industry self-interest clouding discourse around B.C. tax ? analysis

    Majority of foreign buyers buying luxury homes Ephraim VecinaREP The real estate industry cannot be trusted to remain objective about the B.C. government’s recent imposition of a 15 per cent property transfer tax on foreign buyers, according to a veteran observer. In an August 31 analysis, The Globe and Mail national affairs columnist Gary Mason […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-09-2016
    Real Estate Related

  5. Tax shows no sign of slowing luxury condo market as Bosa’s Cardero project sets new high price

    Real-estate tax shows no sign of slowing Vancouver’s luxury condo market Joanne Lee-YoungThe Vancouver Sun Vancouver’s real-estate transfer tax for foreign buyers doesn’t appear to have slowed the market for high-end, high-rise properties.  In May, the Holborn Group said it had hit a new high price for a project in Canada when it sold all 214 luxury condos at its […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-09-2016
    Real Estate Related

  6. The cost of borrowing money

    Borrow from contingency fund to avoid loan charges Tony GioventuThe Province Dear Tony: Every year, our strata corporation insurance renews at exactly the same time as our new budget is approved. As a result, we never have enough money in the our operating fund to pay the bill, so the strata corporation finances the insurance policy […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-09-2016
    Strata Information

  7. Cardero at 1575 W. Georgia 184 homes in a 26 level tower by Bosa Properties

    Inspiration from Milan guides style decisions for Bosa Properties Mary Frances HillThe Province Cardero What: 119 homes in a 26-storey concrete building Where: 1575 W. Georgia St., Vancouver Residence sizes: (for remaining homes) 2 — 3 bed, 1,389 — 1,545 sq. ft.; pricing available on request Developer and builder: Bosa Properties Sales centre address: 18th […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-09-2016
    Real Estate Related

  8. Cardero at 1575 W. Georgia 184 homes in a 26 level tower by Bosa Properties

    Inspiration from Milan guides style decisions for Bosa Properties Mary Frances HillThe Province Cardero What: 119 homes in a 26-storey concrete building Where: 1575 W. Georgia St., Vancouver Residence sizes: (for remaining homes) 2 — 3 bed, 1,389 — 1,545 sq. ft.; pricing available on request Developer and builder: Bosa Properties Sales centre address: 18th […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-09-2016
    Real Estate Related

  9. Strong BC Economy Fuels Growth in Commercial Real Estate

    BCREAother Download Document

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-09-2016
    Real Estate Related

  10. Home buyer’s resource guide

    REW View the “Home Buyer’s Resource Guide” Magazine Here.

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-09-2016
    Real Estate Related

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