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  1. Two sleeper markets to wake recreational investors in B.C.

    An emerging ski hill close to Vancouver and Sunshine Coast oceanview subdivisions may represent low-cost, big-gain potential Western Investor BC’s new NDP government has pledged to cut fares on the Lower Mainland-Sunshine Coast BC Ferries routes, dropping all fares by 15 per cent and bringing back free passenger service for seniors three days a week. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 30-08-2017
    Real Estate Related

  2. BC Housing Minister Considers Annual Rent Increase Cut

    Andrea NazarianREW BC housing minister Selina Robinson is considering the possibility of altering the province-wide formula that sets the maximum amount landlords can increase rent by annually, the minister told media this week. The current formula, part of the Residential Tenancy Act, allows landlords to increase rent by 2% plus inflation. With current inflation rates, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 29-08-2017
    Real Estate Related

  3. CRA probe into Vancouver condo flipping

    The feds seek to ensure that assignment resellers are compliant with the Income Tax Act Darryl Greer Vancouver Courier The federal government is taking the property developers behind the Marine Gateway project on Marine Drive in Vancouver and the Residences at West on southeast False Creek to court, probing for information on buyers who flipped […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 29-08-2017
    Real Estate Related

  4. Sussex 41-storey 321 homes at 6050 Sussex Avenue Burnaby by Townline

    Townline?s Sussex to rise to 41 storeys in Burnaby?s Metrotown neighbourhood Kathleen FreimondThe Vancouver Sun Project: Sussex Project address: 6050 Sussex Avenue Project city: Burnaby Developer: Townline Architect: Chris Dikeakos Architects Inc. Interior designer: Insight Design Group Completion: Late 2019 Project size: 41-storey tower; 321 units Bedrooms: one, two and three bedrooms; limited number of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 25-08-2017
    Real Estate Related

  5. Toronto, Vancouver home sales slow, but don’t expect prices to follow

    Toronto prices for detached homes fall below $1M, but will buyers return? Mitchell Thompson The Vancouver Sun Housing sales figures may be declining in Toronto and Vancouver, but with listings remaining scarce, economists are warning that significant gains in affordability may prove elusive. Existing home sales in Toronto fell 15.1 per cent in June, a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 25-08-2017
    Real Estate Related

  6. Village Walk 24 townhouses at Sun Peaks 56 kilometres from Kamloops BC by Project developments Inc.

    Village Walk takes a central spot at Sun Peaks CLAIRE YOUNGThe Vancouver Sun You carry a lot of expectations as the first new development in almost a decade in a recreational property market.Village Walk, which launched sales the end of last year in the four-season mountain town of Sun Peaks, has had no problem meeting […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 25-08-2017
    Real Estate Related

  7. Mortgage rules a major roadblock

    Justin da RosaREP Last year’s mortgage rule changes are clearly impeding young buyers from breaking into the housing market, according to one veteran, but there is an even larger obstacle in the way. “One of the things that came out of the report was millennials impression that the government’s actions relating to restrictive actions to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 24-08-2017
    Real Estate Related

  8. Investor launches tool to help manage multiple properties

    Justin da RosaCanadian Real Estate Wealth With mortgage rates constantly in flux, one investor felt the need to better manage the various files – and a new tool was developed as a result. Monitor My Mortgage (M3) is a new mortgage application that gives homeowners the ability to stay on top of the mortgage market […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 24-08-2017
    Real Estate Related

  9. Online real estate platform now more accessible to Western Canadians

    Ephraim VecinaCanadian Real Estate Wealth A full-service online real estate marketplace has just announced the launch of its newest office in Vancouver, representing its very first expansion in Canada. “Casalova, which has been operating in Toronto since November of 2014, sees great potential and demand for a new approach to traditional real-estate in the Vancouver […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 24-08-2017
    Real Estate Related

  10. Noort Developments propose a 53 townhouse project fot the old st. Andrew?s United Church in Mission

    B.C. townhouse project to arise on church premises Ephraim VecinaCanadian Real Estate Wealth 53 new townhouse units are slated to arise on the premises of the old St. Andrew’s United Church in Mission, B.C., should the proposal for the development push through. The project, which is spearheaded by Noort Developments Ltd., has been scheduled for […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 24-08-2017
    Real Estate Related
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