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  1. Home sales plummet in Vancouver as previously red-hot market softens

    The Province   Home sales in Metro Vancouver last month dropped by almost 40 per cent from the year before with the sale of detached houses falling hardest. The Real Estate Board of Greater Vancouver says the townhome and condominium markets are more active than sales for detached homes. Just over 1,500 residential properties sold […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-02-2017
    Real Estate Related

  2. Trump to remove safeguard put in place to protect against another financial crisis

    Canadian Real Estate Wealth President Donald Trump will order a sweeping review of the Dodd-Frank Act rules enacted in response to the 2008 financial crisis, a White House official said, signing an executive action Friday designed to significantly scale back the regulatory system put in place in 2010. Trump also will halt another of former […]

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

  3. Vancouver Home sales fell by 39% in January (1500 home sales)

    Vancouver home sales slumped last month Steve RandallREP   There was a sharp fall in the number of homes sold in Metro Vancouver last month with detached homes the largest drag on the market. Real Estate Board of Greater Vancouver figures show a 39.5 per cent slump in home sales year-over-year in January with 1,523 […]

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

  4. 3 Civic Plaza 13483 103 Avenue North Surrey 349 homes in a 51-storey tower by Century Group

    3 Civic Plaza: Surrey tower has sweeping views, unbeatable central location JODIE WARRENThe Province Luxury living in the sky is coming to Surrey City Centre. Described by its architect as “the final iconic piece to the City of Surrey’s new civic plaza,” 3 Civic Plaza is a 52-storey highrise taking shape alongside city hall and […]

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

  5. Price, location key to the success of The Wex condo project in Langley

    ROBIN BRUNETThe Province The Township of Langley has always provided ample opportunity for responsible growth, and the Willoughby neighbourhood, in which RDG Management’s The Wex is located, continues to be the region’ s fastest growing, with a current population of 28,000 and an expected population of 80,000 by 2041. So it’s no surprise that since […]

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

  6. Promenade at the Quay 118 Carrie Cates Court North Vancouver 117 homes in a 12 storey tower by Polygon Promenade at The Quay Homes Ltd

    Efficiency and luxury showcased at Promenade at the Quay Mary Frances Hill The Province Promenade at the Quay Where: 118 Carrie Cates Court, North Vancouver What: 117 two- and three-bedroom homes Residence sizes and prices: 812 — 1,268 sq. ft.; $718,000 — $2,388,000 Developer and builder: Polygon Promenade at The Quay Homes Ltd. Sales centre: 21 Lonsdale […]

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

  7. GTA has record year

    Justin da RosaREP Red hot housing market sees record condo sales in 2016. A total of 27,271 new condo units were sold across the Greater Toronto Area in 2016, up 34% year-over-year and breaking the previous record set in 2011. “The new condo market is experiencing broad-based demand that will carry forward in 2017”, Shaun […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    31-01-2017
    Real Estate Related

  8. Canadian consumer confidence takes a hit after Trump succession

    Ephraim Vecina Mortgage Broker News The first few days of Donald Trump’s presidency have been characterized by critical developments such as his declaration of intent to renegotiate the North American Free Trade Agreement, a move that has sent uncertainty reverberating through markets north of the border. In its weakest showing in 8 weeks, the Bloomberg Nanos […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    31-01-2017
    Real Estate Related

  9. The Canadian housing market is not invincible

    Ephraim VecinaMortgage Broker News While housing remains an important component of the Canadian economic system, a veteran markets analyst argued that the real estate sector is not immune to a crash similar to—or even worse than—that experienced by the United States nearly a decade ago. In a January 30 piece for The Motley Fool Canada, Chris […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    31-01-2017
    Real Estate Related

  10. Calgary market?s prospects as an affordability haven

    Ephraim Vecina Mortgage Broker News The recent sharp growth in the value Canadian real estate has rightfully grabbed the headlines over the past few quarters, but an industry analyst stated that the market should also take into account the impact of average household earnings—a metric in which Calgary holds a clear advantage when compared to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    31-01-2017
    Real Estate Related

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