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  1. Metro Vancouver homebuyers face unintended consequences of mortgage stress testing rules

    Metro Vancouver homebuyers feeling effects of stress testing Joanne Lee-Young The Vancouver Sun In Metro Vancouver, where the gap between incomes and home values makes the region an unaffordable outlier in North America, buyers are especially prone to get hit with unintended consequences of so-called mortgage stress testing. The test was introduced earlier this year by […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    21-07-2018
    Real Estate Related

  2. Canadian Real Estate Sales Drop Over 11%, BC Home To Biggest Declines

    Canadian real estate sales are slowing in the country?s biggest markets Daniel Wongother Canadian real estate sales are slowing in the country’s biggest markets. Canadian Real Estate Association (CREA) numbers show June 2018 saw large declines compared to last year. Most of Canada’s major markets faced declines, but British Columbia bared the brunt of them. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-07-2018
    Real Estate Related

  3. CMHC makes announcement regarding self-employed borrowers

    Lenders get more guidance and flexibility for the self-employed Canadian Real Estate Wealth Canada Mortgage and Housing Corp. is making changes intended to make it easier for the self-employed to qualify for a mortgage. The national housing agency says it’s giving lenders more guidance and flexibility to help self-employed borrowers. Self-employed Canadians may have a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-07-2018
    Real Estate Related

  4. Everything You Need to Know for Perfect Meta Tag SEO

    Jennifer Yesbeckother You spend time carefully crafting content for your readers and customers. But you must do the same for search engines. Meta tag SEO is one way to help search engine crawlers absorb, understand, and index your content . What Is Meta Tag SEO? Meta tag SEO is the process of adding hidden information […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-07-2018
    Technology Related Articles

  5. Airbnb renters could face fines of $1000 a day in BC rule change

    Stratas can restrict or ban short-term rentals Steve RandallCanadian Real Estate Wealth British Columbia is taking action to curb the reduction of available rental homes caused by owners opting for the surging short-term rental market. The popularity of services including Airbnb has been blamed for tightening availability of rental homes and the government has now […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-07-2018
    Real Estate Related

  6. Short-term rental hosts could face massive fines

    Strata bylaws can restrict short-term rentals REP Homeowners groups in British Columbia will soon be able to fine owners or residents up to $1,000 a day for defying the corporation’s bylaws on short-term rentals. The B.C. government says the regulations for the so-called strata corporations will be changed as of Nov. 30 to help the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-07-2018
    Real Estate Related

  7. Windup formula varies greatly

    Significant variations to windup formula Tony Gioventu The Province Dear Tony: Our strata corporation has been involved in the winding-up process for three months and we are at a stalemate with our owners. Our condo was built in 1988 and as a result, we have been told the formula used to buy out each owner […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-07-2018
    Strata Information

  8. Haven 45 three to four bedroom townhomes at 2560 Pitt River Road Port Coquitlam by Boffo Properties

    At Boffo Properties? Haven, the design is in the details Mary Frances Hill The Province Haven What: 45 townhomes with three or four bedrooms Where: 2560 Pitt River Road, Port Coquitlam Residence sizes and prices: 1,312 to 1,843 sq. ft; prices starting in the mid $700,000s Developer and builder: Boffo Properties Sales centre: 16 — 2560 Pitt River Road, Port […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-07-2018
    Real Estate Related

  9. Vancouver wage levels aggravating housing woes

    Lack of affordablilty caused by gap between wages and home prices Ephraim VecinaCanadian Real Estate Wealth The median cost of a Vancouver home currently stands at $672,000 – but while certainly elevated, it is still lower than San Jose (15% lower) and San Francisco (26% lower), the most expensive markets in North America. Andy Yan, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    17-07-2018
    Real Estate Related

  10. Pre-sale condo action cools

    More than 580 buyers also trying to sell their contract assignments Frank O’BrienBusiness in Vancouver Pre-sales of new condominiums across Greater Vancouver and the Fraser Valley dropped from 91% of offerings in January to 50% as of June as the action shifts from “hyperactive growth to a more balanced, more normal market,” according to Suzana […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    17-07-2018
    Real Estate Related

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