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  1. Vancouver Mayor Gregor Robertson plans to license, tax Airbnb rentals

    Short-term rentals facing crackdown Cheryl ChanThe Province Faced with a rental-housing crunch and the country’s lowest vacancy rates, the City of Vancouver is proposing new regulations aimed at curbing short-term rentals — a move it estimates could restore about 1,000 units for long-term renters. The rules, which also require online rental platforms such as Airbnb […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-07-2017
    Real Estate Related

  2. New foreign investment stats revealed

    Canadian Real Estate Wealth The Government of British Columbia has released its latest land transfer tax data, which contains some interesting trends about that province’s real estate market. Sales surge The province recorded 14,824 total transactions in May, which was up from 9,773 in April. It’s also up significantly from the five month average of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-07-2017
    Real Estate Related

  3. The unintended impact of abolishing double-ended deals

    REP   The need to address double-ended deals is due to a few bad apples, according to one veteran, and new rules will likely punish certain agents more than others. “Here’s the thing. It’s totally the result of a few bad apples. The majority of realtors are good, honest, fair people who do what’s right […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-07-2017
    Real Estate Related

  4. Do you have consent? Anti-spam rules in effect July 1

    REBGVother Changes to Canadian Anti-Spam Legislation (CASL) come into effect on July 1. These changes state that you can only send a commercial electronic message (CEM), which includes emails, texts or social media messages, to people who’ve given implied consent. Implied consent based on an ‘existing business relationship’ is achieved if you’ve: done business with […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-07-2017
    Other News Articles

  5. Creekside Estates 30 single family homes at 63650 Flood Hope Road Hope by RDG Management Ltd

    Creekside Estates in Hope boasts prairie styling mixed with a modern West Coast feel Kathleen FreimondThe Vancouver Sun Creekside Estates Project address: 63650 Flood Hope Road, Hope Developer: RDG Management Ltd. Architect: Cutstone Home Designs Interior designer: Creative Design Works Project size: 30 single family homes Bedrooms: two and three Unit size: 1,453 to 1,967 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-06-2017
    Real Estate Related

  6. Pelican Cove at Tsawwassen Shores 1875 Tsawwassen Drive 42 townhomes and 20 duplexes by Aquilini

    Pelican Cove the latest offering at Aquilini?s master-planned Tsawwassen Shores Simon BriaultThe Vancouver Sun Pelican Cove at Tsawwassen Shores Project location: 1875 Tsawwassen Drive Project size: 42 townhomes and 20 duplexes; two to four bedrooms; homes range in size from 1,270 to 1,700 square feet and prices start at $599,900. Developer: Aquilini Interior designer: First […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-06-2017
    Real Estate Related

  7. Housing affordability has hit astounding lows says RBC

    Steve RandallCanadian Real Estate Wealth A typical household in Toronto would need to spend 72 per cent of their income on an average priced house. The staggering statistic is highlighted in a new report from RBC which says affordability worsened in the first quarter of 2017 to its lowest point ever and brings the GTA […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    29-06-2017
    Real Estate Related

  8. Ontario proposes banning real estate agents from representing seller and buyer

    Allison JonesCanadian Real Estate Wealth TORONTO, Ontario is proposing banning the practice of double ending, in which a real estate agent represents both a buyer and a seller in a transaction. The province’s Liberal government announced a 16-point housing plan earlier this year, with centrepiece planks of a 15 per cent foreign buyer tax and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    29-06-2017
    Real Estate Related

  9. 2.8% of Metro Homes Bought by Foreign Buyers since Tax Launch

    Joannah Connolly REW Just 2.8% of home sales in Metro Vancouver went to overseas buyers between August 2, 2016 – the date of the foreign buyer tax launch – and May 31, 2017, according to data released June 28 by finance minister Mike de Jong. According to de Jong’s June 2017 fiscal update, the proportion […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    29-06-2017
    Real Estate Related

  10. Canada’s long ride with rock-bottom interest rates appears to be ending

    Days of low rates could be ending Drew Hasselback The Vancouver Sun Canada’s long ride with rock bottom interest rates appears to be coming to an end. Stephen Poloz, governor of the Bank of Canada, has dropped a big hint that for the first time in seven years, the bank will be pushing Canadian interest […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    29-06-2017
    Real Estate Related

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