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  1. Future Development Sites by Concorde

    Bitter lawsuit between wealthy developers reveals delays, downsizing of Yaletown affordable housing plan was inevitable Joanne Lee-Young & Lori Culbert The Vancouver Sun Two business tycoons waged a little-known and vicious battle in and out of B.C. court over six empty Yaletown lots, assessed at a pittance because for three decades they have been designated for […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 30-11-2018
    Real Estate Related

  2. Stack office tower by Oxford Properties stands 161.5 metres

    Vancouver’s tallest commercial tower to pilot green standard Ephraim VecinaMortgage Broker News Slated to be the tallest commercial building in Vancouver by far, the 161.5-metre Stack office tower by Oxford Properties Group will be among Canada’s very first buildings to be erected to the “net zero carbon” emissions standard, the developer announced. The 36-storey Stack […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 29-11-2018
    Real Estate Related

  3. Limited common property bylaws quite often misunderstood

    Strata corporations has to maintain decks Tony Gioventu The Province Dear Tony: Our strata corporation has a bylaw that says the owners must maintain and repair limited common property. Our balconies are designated as limited common property, and this summer, the strata hired a company that washed our siding and then power washed every balcony, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 29-11-2018
    Strata Information

  4. Tsawwassen Landing 30 townhomes at 4738 Hemlock Way by Onni Group

    Three-bedroom townhomes represent the first component in Onni?s Tsawwassen Landing community Simon Briault The Province Tsawwassen Landing What: first release of 30 townhomes Where: 4738 Hemlock Way, Tsawwassen Residence size and prices: 1,335 to 1,530 square feet; $659,900 — $785,900 Developer: Onni Group Sales centre: 4789 Fisherman Way Hours: noon — 6 p.m., Sat — […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 29-11-2018
    Real Estate Related

  5. Metro’s 2018 vacancy rate remains tight while rents continue to soar

    Rental rates in Vancouver remain the highest in the country, and they just went up Derrick Penner The Province Metro Vancouver’s rental vacancy rate edged up slightly in 2018, but it wasn’t enough to keep average rents from soaring 6.2 per cent, the Canada Mortgage and Housing Corp. said Wednesday. Some 793 new purpose-built rental […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 29-11-2018
    Real Estate Related

  6. Canada’s reverse mortgage load continues to grow

    Reverse mortgages will continue to grow over next few years Ephraim VecinaMortgage Broker News Updated numbers from the Office of the Superintendent of Financial Institutions showed that Canada’s total reverse mortgage debt load steadily went up from $3.035 billion in August to approximately $3.07 billion as of September. OSFI noted that this can be partly […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 28-11-2018
    Real Estate Related

  7. Housing-backed cryptocurrencies could change homebuying

    Blockchain could disrupt real estate Steve RandallREP The current slump in the value of cryptocurrencies may be giving investors cause for concern but the underlying technology could change the face of homebuying. Blockchain could disrupt real estate according to Brandon Frere, whose Frere Enterprises helps businesses with their digital transformation. “Blockchain is more than cryptocurrencies […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 28-11-2018
    Real Estate Related

  8. BCREA welcomes provincial crackdown on money laundering

    BCREA backs government anti-laundering program Steve RandallREP The drive to tackle money laundering by criminal networks using British Columbia’s real estate sector is being fully supported by the province’s real estate association. BCREA continues to work with the authorities to ensure that its members are keeping on top of compliance and will deal robustly with […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 28-11-2018
    Real Estate Related

  9. GTA new home sales post best month of 2018 so far

    Home sales in October improved Steve RandallREP October brought some positives for the new homes market in the Greater Toronto Area with sales and openings gaining. A report from the Building Industry and Land Development Association (BILD) shows that there were 2,805 condominium apartments in low, medium and high-rise buildings, stacked townhouses and loft units […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 28-11-2018
    Real Estate Related

  10. Toronto affordability already in a ‘crisis’ state – observer

    Rental market only for the rich Ephraim VecinaCanadian Real Estate Wealth Data from Urbanation indicated that Toronto condo rent rates increased by 7.6% on an annual basis to reach an average of $2,385 in Q3 2018, and by 17% for newly available purpose-built units. Long considered a haven for the city’s affordability seekers, the rental […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 28-11-2018
    Real Estate Related
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