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  1. Canada among four record-breaking countries in 2017

    REP The Canadian commercial real estate market set another record for investments in 2017 and was one of only four countries in the world to do so, according to a new report from CBRE Ltd The report said there were more than $43.1 billion in investments last year, surpassing $34.7 billion in 2016, and CBRE […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 27-02-2018
    Real Estate Related

  2. Chinese government takes control of Canadian real estate assets

    Steve RandallCanadian Real Estate Wealth Real estate assets of Chinese insurance company Anbang are now under the control of the Chinese government which has accused the firm of “illegal business practices.” These assets include Vancouver company Retirement Concepts, the largest owner of retirement homes in British Columbia, which was acquired by Anbang in a $1 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 25-02-2018
    Real Estate Related

  3. B.C.’s real estate taxes to impact activity in southern areas

    Ephraim VecinaCanadian Real Estate Wealth The British Columbia government’s latest decision to increase the foreign home buyer’s tax is projected to make noticeable ripples in the central Okanagan, the Fraser Valley, and much of southern Vancouver Island. Foreigners will now pay the province a 20% tax on top of the listing value, up from 15%. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 24-02-2018
    Real Estate Related

  4. Fairways 303 171 Street Surrey 22 townhomes backing on Peace Portal Golf Course by Zenterra Developments

    Zenterra?s Fairways plays off golf course Michael BernardThe Vancouver Sun Fairways – South Surrey Project Address: 303 – 171 St., Surrey Project Scope: A boutique-style development of 22 townhomes in four wood-frame buildings backing on to Peace Portal Golf Course. Designed to attract the downsizing market, the three- and four-bedroom homes range from 1,430 to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 24-02-2018
    Real Estate Related

  5. Metro Vancouver directors torn on controversial Hazelmere development in south Surrey

    Metro directors are torn on controversial plan for south Surrey housing Larry Pynn The Vancouver Sun A planned residential development in rural Hazelmere in south Surrey was described Friday as both a dangerous land-use precedent and a boost to young farmers and the local environment. The Metro Vancouver regional board ultimately decided that residents should […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 24-02-2018
    Real Estate Related

  6. 10-year ‘tax holiday’ for buyers at Customs House draws fire

    ‘Tax holiday’ for condo buyers Bill Cleverley Times Colonist Custom House in Victoria is being renovated into a luxury condominium project by developer Stan Sipos at an estimated cost of $28.1 million Customs House on Government Street near Victoria’s Inner Harbour. Photograph By ADRIAN LAM, Times Colonist Two Victoria councillors are crying foul over a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 22-02-2018
    Real Estate Related

  7. Undeclared homes clustered downtown

    Heat map shows most of 4,000 properties in Yaletown, Coal Harbour and West End NICK EAGLANDThe Province The City of Vancouver released a heat map Thursday showing the distribution of residential properties where owners haven’t yet made a declaration to avoid its new empty-homes tax, and the highest concentration is in condo-rich Yaletown. The city […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 22-02-2018
    Real Estate Related

  8. Popular repurposed shipping containers are ‘potential bombs’

    New WorkSafeBC campaign warns of ‘significant’ risk when used for storage GLENDA LUYMESThe Province A propane tank stored inside a shipping container on a Saanich construction site ?became a bomb,? according to a WorkSafeBC video about a 2013 incident in which the explosion sent one of the container?s heavy metal doors across the street into […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 22-02-2018
    Other News Articles

  9. Popular repurposed shipping containers are ‘potential bombs’

    New WorkSafeBC campaign warns of ‘significant’ risk when used for storage GLENDA LUYMESThe Province A propane tank stored inside a shipping container on a Saanich construction site ?became a bomb,? according to a WorkSafeBC video about a 2013 incident in which the explosion sent one of the container?s heavy metal doors across the street into […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 22-02-2018
    Other News Articles

  10. ADDITIONAL PROPERTY TAX FOR FOREIGN ENTITIES AND TAXABLE TRUSTEES

    other    Has gone from 15% to 20%, effective today.2.    Contracts written before Feb. 20, 2018 with a closing on or before May, 2018 are exempted, but only for Capital Regional District, Fraser Valley Regional District, Regional District of Central Okanagan or Nanaimo Regional District. Note this exemption does not apply in Greater Vancouver.3. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 22-02-2018
    Real Estate Related
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