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  1. McKinnon 2102 West 48th Avenue 40 homes in a 4-storey building by Cressey

    FOCAL POINT: Each room has one piece that acts as a conversation starter for anyone who enters Mary Frances HillThe Province McKinnon by Cressey Where: 2102 W. 48th Avenue, Vancouver What: 40 homes in a four-storey concrete construction building Residence sizes and prices: 2 — 3 beds; remaining homes 1,410 — 2,400 sq. ft., $1.699 million […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-08-2016
    Real Estate Related

  2. Metro house sales plummet after offshore tax introduced

    SUMMER SLUMP Sam CooperThe Vancouver Sun Home sales dropped in Metro Vancouver by up to 86 per cent after the introduction of the foreign investor tax on Aug. 2, according to official MLS data only available to realtors. The Multiple Listing Service data obtained by Postmedia News and anecdotal information from 10 real estate agents suggests that the region’s […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-08-2016
    Real Estate Related

  3. Real estate association releases Q3 forecast

    Justin da RosaREP Record starts and price moderation are on the horizon for Vancouver, according to the British Columbia Real Estate Association (BCREA). “The introduction of a 15% tax on foreign national home buyers in Metro Vancouver is expected to accelerate a moderating trend in the market that began earlier in the year,” Cameron Muir, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-08-2016
    Real Estate Related

  4. Record BC Home Sale Forecast Despite Vancouver Slowdown

    BCREA 20 1 6 Third Quarter Housing Forecast Update BCREAother Download Document

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-08-2016
    Real Estate Related

  5. House sales plunge on Vancouver’s West Side

    Higher-end markets in Vancouver, Richmond see house prices reverse for first time in a more than a year Frank O’Brien Vancouver Courier Detached housing sales have plunged 84 per cent on Vancouver’s West Side and are down 88 per cent in Richmond during the first two weeks of August compared to the same period in […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-08-2016
    Real Estate Related

  6. Royal Bank ‘closely monitoring’ housing markets in Vancouver, Toronto: CEO

    Lenders have added more insurance on loan portfolios REP Royal Bank CEO David McKay says the lender is “closely monitoring” the real estate markets in Vancouver and Toronto, where home prices have been climbing at a breakneck pace. “The short supply of single-family homes in both cities coupled with strong demand fuelled by household formation, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    23-08-2016
    Real Estate Related

  7. Vancouver tax leaves housing market vulnerable says Fitch

    Steve RandallREP Three weeks after the 15 per cent tax on foreign home buyers was introduced in Vancouver, Fitch Ratings says it leaves the housing market vulnerable to rising unemployment. The report says that beyond cooling the market, data showing a slowdown in sales in the city suggest that, if unemployment was to rise, there […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    22-08-2016
    Real Estate Related

  8. Study: average Canadian family spent more on taxes than food and housing combined last year

    Canadian Real Estate Wealth VANCOUVER – The Fraser Institute calculates that the average Canadian family paid $34,154 in taxes of all sort last year, including “hidden” business taxes that are passed along in the price of goods and services purchased. The Vancouver-based think-tank estimates that the average bill for income taxes collected by governments was […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    22-08-2016
    Real Estate Related

  9. Gellatly Place 4215 Gellatly Road West Kelowna 33 condos in phase 1 of three phases marketed by Fortune Marketing

    Gellatly Place balances rural living with all the amenities MICHAEL BERNARDThe Vancouver Sun Project: Gellatly Place Project size: A three-phased project with a total of 111 two- and three-bedroom condominiums in three buildings. In Building 1, the 33 homes range from 877 to 1,275 sq. ft. Prices: From $316,900 Architecture/Interior Design: BlueGreen Architecture Sales Centre: 4215 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    20-08-2016
    Real Estate Related

  10. Ravenswood 39289 Falcon Crescent Squamish 117 single family homes by Benchmark Homes

    Squamish development Ravenswood offers an idyllic mix of value and lifestyle SIMON BRIAULTThe Vancouver Sun Ravenswood Project location: 39289 Falcon Crescent, Squamish       Project size: 117 three- and four-bedroom homes, 1,913 — 2,411 square feet Developer: Benchmark Homes Architect: SuCasa Design Interior designer: Gannon Ross Designs Price: from $800,000 Sales centre: 39289 Falcon Crescent, Squamish Hours: […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    20-08-2016
    Real Estate Related

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