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  1. Vancouver?s new residential tax on foreigners starts Tuesday, here?s what to expect next

    Legal woes, lost deals feared as tax begins ? GARRY MARRThe Vancouver Sun The new tax on purchases of residential property in metro Vancouver by foreigners that takes effect Tuesday is expected to cause further disruption to Canada’s most expensive housing market. Vancouver realtors spent the past week and much of the holiday weekend scrambling to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    02-08-2016
    Real Estate Related

  2. B.C. foreign buyer tax won’t make big dent in housing affordability, experts say

    Experts are expressing doubt a property transfer tax on foreign buyers that takes effect Tuesday will have a significant impact on housing affordability The Vancouver Sun The next four to six months will be uncertain until the different players in the market decide how to react to the 15 per cent tax, said Anne McMullin, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    02-08-2016
    Real Estate Related

  3. George Gibsons Marine Resort and Residences Gower Point Road Gibsons 39 waterfront condos by Klaus Fuerniss Enterprises Inc

    SUNSHINE COAST PROJECT HAS HOTEL, CONDOS, SPA JOANNE BLAINThe Vancouver Sun Project: George Gibsons Marine Resort and Residences Project location: Gower Point Road, Gibsons Project size and scope: 39 waterfront condominium homes ranging from one to three bedrooms, from 494 to 2,121 square feet Prices: Starting at $399,900 for one bedroom and $699,900 for two […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-07-2016
    Real Estate Related

  4. The Crossing 288 171 Street South Surrey 67 townhomes by Gramercy

    Spacious townhomes close to nature and U.S. border ? SHAWN CONNERThe Vancouver Sun Project name: The Crossing Project location: 288 171 Street, South Surrey Project size: 67 townhomes, two, three and  four bedrooms Residence size: 1,301 — 1,948 square feet Price: from $489,900 Developer: Gramercy Architectural design: Barnett Dembek Architects Interior design: The Mill Website: […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-07-2016
    Real Estate Related

  5. LAND CRUNCH WILL MAKE NEW MALLS A RARE SIGHT

    High prices for Metro property hurt case for such projects CHUCK CHIANGThe Vancouver Sun Tsawwassen Mills, Metro Vancouver’s huge new outlet shopping centre set to open in October, has been slowly rising from the ground just north of the ferry terminal for the last two years. The reality, said the mall’s director of development Jeff […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-07-2016
    Real Estate Related

  6. Metro Vancouver foreign buyer tax: New poll shows high support

    An overwhelming majority of Lower Mainland residents believe the B.C. government made the right decision imposing a 15 per cent foreign buyer tax Jeff LeeThe Vancouver Sun An overwhelming majority of Lower Mainland residents believe the B.C. government made the right decision imposing a 15 per cent foreign buyer tax, a new public opinion poll […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-07-2016
    Real Estate Related

  7. B.C. property law vulnerable to challenge, says prominent lawyer

    Tax on foreign homebuyers under fire Peter O’NeilThe Vancouver Sun OTTAWA — A prominent lawyer on constitutional and tax law is planning to challenge B.C.’s new tax on foreign homebuyers. “There’s a huge problem with this legislation,” Toronto lawyer Rocco Galati said Thursday. “It’s clearly offensive on its face.” Galati, a former tax specialist in the federal Department […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-07-2016
    Real Estate Related

  8. Foreign buyers rush to beat B.C. implementation of new tax

    Real estate levy set to kick in Tuesday sparks panicked closure Jeff LeeThe Vancouver Sun In January, Shinna Zhang and her husband moved to Metro Vancouver from London, England. They entered Canada on her husband’s work permit. Zhang, who didn’t want her husband’s name to be used because he works in Vancouver’s growing tech sector, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-07-2016
    Real Estate Related

  9. Foreigners buy $885M worth of Vancouver real estate in just 5 weeks – study

    Ephraim VecinaCanadian Real Estate Wealth According to fresh data collected by the British Columbia government and released last Tuesday (July 26), foreign buyers purchased over $885 million worth of real estate in Metro Vancouver in the period covering June 10 to July 14. The amount is approximately 10 per cent of total real estate sales […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-07-2016
    Real Estate Related

  10. Canadian professionals? statements reflect Chinese fears over new tax

    Ephraim VecinaCanadian Real Estate Wealth In the wake of the B.C. government’s announcement of a new 15 per cent tax on foreign buyers of Canadian homes, real estate professionals have voiced vehement opposition, mirroring in many ways Chinese would-be buyers’ fears over the levy. “It’s unfair to the buyers and it’s also unfair to the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-07-2016
    Real Estate Related

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