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  1. No new regulations, drastic home price increases in 2018 ? analysis

    Ephraim VecinaREP By all indications, 2017 has proven to be a tumultuous period in the mortgage and real estate spheres, but a markets observer argued that this year will offer a measure of respite to these beleaguered sectors as well as to a consumer base labouring under an ever-increasing debt burden. In a recent analysis, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-01-2018
    Real Estate Related

  2. Normality returns for Metro Vancouver home sales

    Steve RandallCanadian Real Estate Wealth Home sales in 2015 and 2016 surged in Metro Vancouver but last year saw a return to more historically normal levels. The Real Estate Board of Greater Vancouver says that there were 35,993 sales of homes through its MLS in 2017, down almost 10% from a year earlier but almost […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-01-2018
    Real Estate Related

  3. Paying down debts the top priority for Canadians this year

    Ephraim VecinaMortgage Broker News Amid growing household debt and the possibility of more increases in interest rates, settling debts remains the top financial priority for Canadian consumers in 2018, according to the latest poll conducted by CIBC. This represented the eighth consecutive year that paying off existing debts has topped the list in the annual […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-01-2018
    Real Estate Related

  4. 2018 forecast – Will the housing market crash by year’s end

    2018 forecast: Will the housing market crash by year’s end? Neil SharmaMortgage Broker News James Loewen believes the government has catalyzed the very thing it is trying to prevent with the recent B-20 changes, and the irony isn’t lost on him. Loewen says that most borrowers will be stuck in the private channel, and will […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-01-2018
    Real Estate Related

  5. Review agency agreements before signing on the dotted line

    Broker should work in the best interest of the strata corporation, not individual owners Tony GioventuThe Province Dear Tony:In October, our owners instructed our strata council to hire a commercial broker to market our strata corporation with the interest of selling the property to a developer if it’s a good price.  We retained a lawyer […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-01-2018
    Strata Information

  6. Clayton Walk 18505 Laurensen Place Surrey 143 townhomes by Anthem Properties

    Clayton Walk design speaks to townhomes’ eventual occupants Mary Frances HillThe Province Clayton Walk Project Address: 18505 Laurensen Place (185th and Fraser Highway) Surrey What: 143 townhomes within walking distance to schools, parks, shopping and future proposed Surrey-Langley light rail transit Residences sizes and prices: Two-bedroom units, at 1,223 sq. ft; three-bedrooms 1,462 sq. ft; four bedrooms at […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-01-2018
    Real Estate Related

  7. B.C. ups homeowner grant threshold

    Properties assessed below $1.65 million will receive full rebate, up from $1.6 million Derrick PennerThe Province The ink was barely dry on British Columbia’s 2018 property assessments before the province announced a three-per-cent increase to its homeowner grant threshold, a key property-tax break for the majority of property owners. The B.C. Ministry of Finance on […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-01-2018
    Real Estate Related

  8. Vancouver has Canada’s priciest premium properties – study

    Ephraim VecinaCanadian Real Estate Wealth A recent study from Engel & Völkers has found that Vancouver plays host to Canada’s highest-priced luxury properties, mirroring trends in the city’s mid-range residential as well as commercial segments. The main motivator for this development is limited inventory, according to the Engel & Völkers analysis, which covered 6 leading […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    02-01-2018
    Real Estate Related

  9. New rules will further stoke hunger for unregulated lending options

    Ephraim VecinaREP Amid a scarcity of viable financing choices, a growing number of Canadians are moving towards private unregulated lenders, even as the federal government is trying to rein in a home-price surge that has driven household debt levels to record highs. But like a giant game of Whac-A-Mole, the risk to the financial system […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    02-01-2018
    Real Estate Related

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