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  1. Housing starts started to buckle according to CHMC

    Housing starts buckle Mortgage Broker News Canada Mortgage and Housing Corp. says the annual pace of housing starts in April slowed compared with March. The seasonally adjusted annual rate of new home construction, which is seen as a measure of the health of the housing market, fell to 214,379 units in April compared with 225,459 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-05-2018
    Real Estate Related

  2. Millennials are the driving force of the real estate market

    Steve RandallCanadian Real Estate Wealth Canada’s millennials are focused on homebuying and their intentions are driving the real estate market. A new report from mortgage insurer Genworth Canada reveals that 59% of millennials are already homeowners, with 30% having bought a home in the past two years (including first-time buyers and repeat buyers). hat means […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-05-2018
    Real Estate Related

  3. Mortgage Stress Test Audio Interview on CKNW re – the market, the rules & affordability

    CKNW interview with Vancouver mortgage broker Mark Fidgett other CKNW interview with Vancouver mortgage broker Mark Fidgett

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

  4. Crest 150 East 8th Street North Vancouver 161 condos and 18 townhomes in two six storey wood frame buildings by Adera Development

    Adera?s Crest takes a convenient location in North Vancouver?s Central Lonsdale Michael BernardThe Vancouver Sun Crest, North Vancouver Project Location: 150 East 8th St., North Vancouver Project Scope: A total of 161 wood-frame condo units and 18 concrete townhomes in two six-storey wood-frame and mass timber buildings centrally located off Lonsdale Ave. Homes, ranging from […]

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

  5. Sellers, buyers and developers seek clarity about owing presale condo-related taxes

    Presale condo confusion spurs push for clarity Joanne Lee-YoungThe Vancouver Sun There is growing scrutiny of who is, and who is not, paying what taxes in Metro Vancouver’s presale condo market. It’s not only sellers but also developers and buyers who have to consider if they are liable, or complicit, in avoiding taxes. This part […]

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

  6. CMHC made $1.8 billion from mortgage operations in 2017

    CMHC saw strong growth 2017 Steve RandallREP Last year saw strong growth from the CMHC as the organization moved towards more agile ways of operating. In its annual report the corporation says that its mortgage loan insurance and securitization business generated net income of $1.8 billion in 2017. It provided mortgage loan insurance for more […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-05-2018
    Real Estate Related

  7. Vancouver sales fell 27 percent to a 17 year low

    Home sales lowest since recession Natalie Wong and Erik HertzbergCanadian Real Estate Wealth Toronto home sales are off to the worst start in nine years, as tougher rules for mortgage qualifications and rising interest rates continue to push buyers out of the market. Sales fell for four straight months on a seasonally adjusted basis, with […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-05-2018
    Real Estate Related

  8. Problems with air-management system could extend beyond odours

    Bad ventilation causes bigger problems than odours Tony GioventuThe Province Dear Tony: How do we get our strata council to keep the interior fresh-air system in our building? To save money, the owners decided last year to put the system on a timer and that resulted in more frequent breakdowns and maintenance. Our service company […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-05-2018
    Strata Information

  9. The Residences on Marine 16 two and three bedroom homes at 1347 Marine Drive West Vancouver by Atti Group

    Form and function showcase The Residence on Marine in West Van Mary Frances HillThe Province The Residences on Marine What: 16 two- and three-bedroom condos Where: 1347 Marine Drive, West Vancouver Residence sizes and prices: Two- and three-bedroom homes range in size from 950 to 1,321 sq. ft, starting from approximately $1,795,900 Developer and builder: […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-05-2018
    Real Estate Related

  10. TREB releases April sales numbers

    April sales down 32 per cent Mortgage Broker News The Toronto Real Estate Board says home sales in April were down 32.1 per cent compared with a year ago. The board says there were 7,792 homes sold through its MLS system last month compared with 11,468 a year ago. The average selling price was $804,584, […]

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

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