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  1. Analysts weigh in on recent Toronto market developments

    Ephraim Vecina Mortgage Broker News Fresh numbers on the Toronto real estate sector painted a picture of a market on overdrive, with the latest edition of the Teranet–National Bank Composite House Price Index showing that home prices in the city increased by 20.9 per cent year-over-year in January, and the Canadian Real Estate Association (CREA) […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 23-02-2017
    Real Estate Related

  2. Tax relief for first-time buyers

    Justin da Rosa Mortgage Broker News One market has reduced land transfer taxes for first-time homebuyers. It’s been a whirlwind few months for real estate in British Columbia, but the latest news will likely be viewed as a small victory by local mortgage brokers. Effective Wednesday, the threshold for BC’s Property Transfer Tax exemption for […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 23-02-2017
    Real Estate Related

  3. Airbnb not considered rentals under strata act

    Understanding rental rules Tony GioventuThe Province Dear Tony: We purchased our condo in 2013 with the understanding that our strata corporation could not impose any rental bylaws. We started using our condo as an Airbnb in 2015 and in the summer of 2016 our strata corporation passed a bylaw that prohibits the business use of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 23-02-2017
    Strata Information

  4. Parc East homes ideal for a range of buyers

    Tri-Cities project a fit for first-time homeowners, ?upsizers? and investors alike ROBIN BRUNETThe Province In the Tri-Cities, which is home to the Parc East condominiums by Altas Global Developments, the big city thrives on the edge of wilderness: it’s just as easy to explore provincial wilderness parks in the vicinity as it is to take […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 23-02-2017
    Real Estate Related

  5. Pinnacle on the Park 140 homes in an 18 storey tower at 1708 Ontario Street by Pinnacle International

    Getting creative with smaller spaces Mary Frances HillThe Province Pinnacle on the Park What: 140 homes in an 18-storey tower Where: 1708 Ontario St. Residence sizes and prices: 590 — 1,600 square feet; $629,900 — $1,399,900 (prices for the sub-penthouses and penthouses available upon request) Developer and builder: Pinnacle International Sales centre address: 1738 Ontario […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 23-02-2017
    Real Estate Related

  6. PTT exemption for 1st time buyers raised to $500K today and for purchase of new homes to $750K

    BCREAother Download Document

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 21-02-2017
    Real Estate Related

  7. No improvement in sight for affordability says report

    Steve RandallCanadian Real Estate Wealth The restricted supply of multifamily units in Vancouver’s lower mainland will continue to hamper affordability, the Urban Development Institute says. In its latest State of the Market report, the UDI highlights that at the end of December 2016 only 8 new townhome units were completed and available for purchase across […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 20-02-2017
    Real Estate Related

  8. Calgary developer invests in Mexico’s booming resort market

    Recent government rule changes allow Canadians more freedom, flexibility and safety to own Mexican real estate Baila Lazarus Western Investor Former Canadian Olympian and current Calgary developer Cary Mullen has blown up some myths about investing in Mexican real estate, but it took diligent digging to discover a route to safety and potential profit.  The […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 19-02-2017
    Real Estate Related

  9. Bellevue 2290 Marine Drive, West Vancouver a 16-storey tower with 35 homes by Cressey

    Bellevue units will have large outlooks ? and high-end spaces from which to enjoy them KATHLEEN FREIMONDThe Vancouver Sun Bellevue  Project address: 2290 Marine Drive, West Vancouver Project city: West Vancouver Developer: Cressey Development Group Architect: IBI Group Inc. Interior designer: Insight Design Group Project size: 35 units Bedrooms: two and three bedrooms Unit size: […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 18-02-2017
    Real Estate Related

  10. The Real Force Behind Canada’s Housing Boom

    Newcomers? dreams of ownership are a big reason for the industry?s rising prices Garry MarrThe Vancouver Sun The mayor of Caledon, a town of about 60,000 northwest of Toronto, says government can try all it wants, but the dream of owning a home will persevere. Allan Thompson should know. His town, like many others that […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 18-02-2017
    Real Estate Related
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