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  1. Victoria-to-Vancouver ferry launching in May targets luxury market

    Luxury ferry service to offer 3 pricing levels JEFF BELLThe Vancouver Sun V2V Vacations says it expects to launch its passenger ferry service between downtown Victoria and downtown Vancouver on May 1 with three tiers of service, at $120, $199 and $240 one way. The company is billing its offering as a luxury cruise service, using […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 17-02-2017
    Other News Articles

  2. How would Vancouver?s housing bubble burst? Look to China

    Douglas ToddThe Vancouver Sun No question is more on the minds of Metro Vancouver homeowners and renters than how and when the region’s housing bubble could burst. After stratospheric escalation, a punctured bubble would be disaster for hundreds of thousands of over-mortgaged homeowners. Yet it could bring relief to those desperate to get into housing. Last summer’s […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 17-02-2017
    Real Estate Related

  3. Tips for getting the best price

    Retain a commercial brokerage when considering liquidation Tony GioventuThe Province Dear Tony: Our strata owners have been enticed by an agent to consider selling our entire property and liquidating. At a recent information meeting, the agent brought a proposal from a developer to purchase our entire strata property for about 40 per cent above the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-02-2017
    Strata Information

  4. Summit at 14058 61st Avenue Surrey 89 townhomes by Hayer Builders Group

    Warm and contemporary design showcased at Summit in Surrey Mary Frances HillThe Province Summit What: 89 townhomes with rooftop patios Where: 14058 61 Ave., Surrey Residence sizes and prices: 1,770 — 2,046 square feet; from $639,900 Developer and builder: Hayer Builders Group Sales centre: 14058 61 Ave., Surrey Sales centre hours: noon — 5 p.m., Sat […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-02-2017
    Real Estate Related

  5. Two Metro Vancouver properties heading for the auction block as part of new sales strategy

    Are blind bids going, going, gone? CHERYL CHANThe Province Harcourts Canada, a newcomer to Metro Vancouver’s real estate scene, wants to make housing auctions a common and accepted way of buying and selling homes.  “It’s just an alternative option we want to make available to people,” said CEO Hayden Duncan. Harcourts, a New Zealand company which […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-02-2017
    Real Estate Related

  6. Toronto housing is in a bubble says BMO economist

    Steve RandallCanadian Real Estate Wealth There’s a housing bubble in Toronto and we need to “drop the pretence” and face it, BMO’s chief economist said Wednesday. Douglas Porter said that prices rising 22.6 per cent in a year was the fastest pace since the 1980s and is also 21 per cent above inflation. He said […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 15-02-2017
    Real Estate Related

  7. Home sales in B.C. return to ‘historic averages? says real estate board

    The Vancouver Sun The British Columbia Real Estate Association says the province’s housing market has tumbled from record highs posted in 2016 to return to what it calls historic, long-term averages. The association says 4,487 condos, townhomes and detached homes sold in B.C. in January, down 23 per cent compared with the same period last […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 15-02-2017
    Real Estate Related

  8. Zillow hit with $8.32 million penalty in copyright infringement suit

    Anna Sobrevinasother Real estate photography company VHT Studios was awarded $8.32 million by a jury after suing Zillow for copyright infringement, according to HousingWire. Zillow will have to pay VHT $79,875 in actual damages and $8.24 million in statutory damages. In July 2015, VHT filed the complaint in July of 2015. The lawsuit alleged that […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 14-02-2017
    Real Estate Related

  9. Chinese influence on Canada?s real estate market may be coming to an abrupt end due to new rules that lock their funds

    Additional roadblock hindering foreign buyers Justin da RosaREP The Chinese government announced surprise rules for the exchange of the yuan, which will restrict the outflow of currency.  “As capital flight intensified, China’s reserves have plunged, causing the country to sell US treasury bonds. In response, China has introduced new rules, which now require disclosure of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 14-02-2017
    Real Estate Related

  10. Madini says the housing bubble has burst

    Steve RandallREP The sharp downturn in Vancouver’s housing market is not the result of the foreign buyer tax or the federal changes to mortgage regulations according to Capital Economics economist David Madini. “We simply think the housing bubble has burst,” he wrote in his latest report, adding that bubbles are “inherently unstable because they are […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 13-02-2017
    Real Estate Related
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