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  1. CMHC says policy should tackle supply not demand

    Steve RandallCanadian Real Estate Wealth The Canada Mortgage and Housing Corporation has published a new report on housing affordability in Canada’s biggest cities but admits it doesn’t have all the answers. The agency found that escalating house prices are mainly driven by strong economic and population growth, and low mortgage rates; with Toronto and Vancouver […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-02-2018
    Real Estate Related

  2. Even the simplest easements can have long-term consequences

    Easement deals require shrewd negotiating Tony GioventuThe Province Dear Tony: Our strata council presented a series of agreements to our owners at recent annual general meeting that raised a number of serious questions. Our manager had brought a number of requested easements from a developer who is building on the property next door and the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-02-2018
    Strata Information

  3. Semiah a 14 storey midrise at 1439 Grorge Street White Rock by Marcon

    Semiah takes design inspiration from its White Rock location Mary Frances HillThe Province Semiah What: 14-storey mid-rise residential tower in White Rock Town Centre, with 88 residences Where: 1439 George Street, White Rock Developer and builder: Marcon Residence sizes and prices: Two- and three-bedroom homes, 1,087 – 1,873 sq. ft., from $849,900 Sales centre: 1418 Johnston Road, White Rock Sales centre hours: […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-02-2018
    Real Estate Related

  4. B.C. government announces tax agreement with Airbnb

    Airbnb deal with B.C. Canada?s first Matt RobinsonThe Province Airbnb will collect provincial sales taxes on all short-term rentals in B.C. in a new agreement that amounts to a Canadian first. Finance Minister Carole James said Wednesday her government and Airbnb had reached a deal for the company to remit, on behalf of its 18,500 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-02-2018
    Real Estate Related

  5. Five things about the CMHC report: Lots of bidding wars for condos, big price hikes

    Half of homebuyers got in bidding war Susan Lazaruk The Province   It’s what CMHC is calling the “most thorough examination of house price patterns” ever done of the housing market in the country’s five largest cities, including Vancouver. Canada Housing and Mortgage Corp. on Wednesday released a 225-page report called Examining Escalating House Prices […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-02-2018
    Real Estate Related

  6. Realtor alleges ‘blatantly unethical’ practice in New Coast Realty lawsuit

    New Coast Realty ‘vehemently’ denies allegations in $435K civil claim from Wendy Yang Jason Proctorother A Richmond real estate agent claims she is owed more than $435,000 in lost commissions by a realty firm at the heart of a controversy over so-called “shadow flipping.” In a notice of civil claim filed in B.C. Supreme Court last […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-02-2018
    Real Estate Related

  7. Hillside East 4880 – 4890 Lougheed Highway Burnaby two towers of 55 and 45 storeys with 900 units total by Concord Brentwood

    Balconies at Concord Brentwood?s Hillside East will significantly enhance residences? living space MICHAEL BERNARDThe Vancouver Sun An artist?s rendering depicts a courtyard area at Hillside East, the second phase of the 26-acre Concord Brentwood development, which is expected to feature 11 buildings when completed. Kitchens at Hillside East feature Bosch and Panasonic appliances An artist?s […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-02-2018
    Real Estate Related

  8. Most buyers won’t delay despite rate rises

    Steve RandallCanadian Real Estate Wealth The recent increases in interest rates appears not to have dampened the intentions of most Canadian home buyers. Just 1 in 4 surveyed for CMHC’s 2018 Prospective Home Buyer Survey said that an interest rate would make them very likely to delay purchasing a new home. However, the tight inventory […]

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

  9. Why sold data matters

    Neil SharmaREP Although the courts ruled against the Toronto Real Estate Board in its years-long litigation against the federal Competition Bureau, the former is appealing the case, once again relegating sold data to purgatory. But, by proscribing sold data—a property’s purchase history—is TREB protecting consumer privacy, like it purports it is, or is it stifling […]

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

  10. False Creek plan gets positive reviews

    Speakers mostly agreeable to massive plan for Vancouver’s False Creek Matt Robinson The Vancouver Sun Vancouver city council heard from scores of residents, developers and interest-holders Wednesday ahead of a key decision on whether to approve a sweeping plan to transform northeast False Creek. The 174-page plan for the waterfront neighbourhood calls for mixed-use developments that […]

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

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