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  1. Real estate ‘headwinds’ could slow B.C. output

    Real estate ‘headwinds’ could slow retail, construction sales Joanne Lee-YoungThe Vancouver Sun The province’s economy, which enjoyed a robust year in 2017, is expected to downshift in 2018, according to the Business Council of B.C. The residential real estate industry has driven so much growth across the B.C. economy in recent years. Now, with so-called […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 20-01-2018
    Real Estate Related

  2. Major lenders hike rates following BoC decision

    Steve RandallCanadian Real Estate Wealth Canada’s major banks have been quick to react to the Bank of Canada’s decision to raise interest rates to 1.25%. CIBC, RBC, Scotiabank and TD were among the first lenders to increase their prime lending rates by 25 basis points to 3.45%; the new rates take effect from today (Jan […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 18-01-2018
    Real Estate Related

  3. What to do if council doesn’t enforce bylaws

    Tony GioventuThe Province Dear Tony: Our strata has never provided any information regarding the enforcement of bylaws to our owners. This recently became an issue over two owners, one, a council member who had not paid their special levies or strata fees for over six months. At our annual meeting, someone started questioning why we […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 18-01-2018
    Strata Information

  4. Cascade City 271 homes in two towers 5788 Gilbert Road (tower A) and 5766 Gilbert Road (tower B) by Landa Global Properties

    Richmond’s Cascade City takes high-end inspiration Mary Frances HillThe Province Cascade City What: 271 homes, with retail space on the ground level. The 15-storey towers will stand on a narrow 87,252-square-foot site at Gilbert Road and Elmbridge Way in Richmond Where: 5788 Gilbert Road (Tower A currently selling); 5766 Gilbert Road (Tower B, coming soon) Developer […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 18-01-2018
    Real Estate Related

  5. No ban on foreign buyers says BC premier

    Steve RandallCanadian Real Estate Wealth The premier of British Columbia has rejected calls for a ban on foreign buyers of real estate in the province. John Horgan has reacted to the Green Party’s leader Andrew Weaver who has been calling for a ban similar to that implemented in New Zealand. “I just don’t believe, in […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-01-2018
    Real Estate Related

  6. U-Six a great investment near UBC Okanagan

    Units a fraction of the price of those near UBC in Vancouver ROBIN BRUNETThe Vancouver Sun Students attending university as well as the parents funding them – are often faced with accommodation challenges. Finding housing on campus is difficult and costly, and is only guaranteed for firstyear students. But for parents who think paying rent […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 13-01-2018
    Real Estate Related

  7. U-Six a great investment near UBC Okanagan

    Units a fraction of the price of those near UBC in Vancouver ROBIN BRUNETThe Vancouver Sun Students attending university as well as the parents funding them – are often faced with accommodation challenges. Finding housing on campus is difficult and costly, and is only guaranteed for firstyear students. But for parents who think paying rent […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 13-01-2018
    Real Estate Related

  8. Semiah at 1439 George Street White Rock a 14 storey tower with 88 homes by Marcon Developments

    Impressive outlooks to be on offer at Marcon?s Semiah in White Rock Kathleen FreimondThe Vancouver Sun Semiah Project address: 1439 George Street, White Rock Developer: Marcon Developments Architect: Arno Matis Architecture Interior designer: Trepp Design Inc. Project size: 14 storeys Bedrooms: two- and three-bedroom units Unit size: 1,087 – 1,873 sq. ft. Price: From $869,900 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 13-01-2018
    Real Estate Related

  9. BC Home Sales Above 100,000 for Third Consecutive Year

    BCREA The British Columbia Real Estate Association (BCREA) reports that a total of 103,763 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in 2017, a decline of 7.5 per cent from a record 112,211 unit sales in 2016. The average MLS® residential price in BC was $709,579 in 2017, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 11-01-2018
    Real Estate Related

  10. Royal Le Page crowns 2017 the ‘year of the condo’

    Steve RandallCanadian Real Estate Wealth Home prices slowed generally in the fourth quarter of 2017 but the condo sector, especially in the GTA and Vancouver, outpaced the market. Royal Le Page says that 2017 was the year of the condo as affordability issues made them more affordable in the priciest markets compared to other property […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 11-01-2018
    Real Estate Related
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