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  1. British real estate disruptor heads to Canada

    Purple Bricks has agreed to acquire a commission-free network Steve RandallMortgage Broker News A real estate brokerage firm which has already launched in the UK, Australia and the US, is coming to Canada. Purple Bricks has agreed to acquire the commission-free networks DuProprio and Comfree (DPCF) for C$51 million with the deal expected to close […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-07-2018
    Real Estate Related

  2. Real estate linked to B.C. opioid crisis

    Laundered money from illegal drugs used to bye real estate Mortgage Broker News Money-laundering operations through casinos are tied to British Columbia’s opioid crisis and the real-estate market, the attorney general said Wednesday as he released an independent report detailing how organized crime groups used the gaming industry to fuel the overdose crisis and skyrocketing […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-07-2018
    Real Estate Related

  3. Rate hike likely this month but then a pause?

    Higher mortgage rates coming Steve RandallCanadian Real Estate Wealth The Bank of Canada will meet to decide on its latest move on interest rates next week and many are expecting an increase. But once July’s hike is done, things become less clear as the economy is showing some mixed signals. Two economists from Canada’s big […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-07-2018
    Real Estate Related

  4. Nearly half of Vancouver home purchasers are overshooting their home buying budget

    Vancouverites stretching budget to buy their home Kerrisa Wilson other Vancouver is the most expensive city for residential real estate in the country and it’s forcing the city’s homebuyers to stretch their budgets to purchase homes in the hot market. In 2017, 48 per cent of homebuyers in Vancouver exceeded their budgets to buy homes, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-06-2018
    Real Estate Related

  5. Urbana 55 homes at 1770 Richter Street Kelowna by Mission Group

    Urbana the final phase of Kelowna project Michael BernardThe Vancouver Sun Pitt Meadows realtor Sonny Mann was so impressed with Mission Group’s Urbana in Kelowna that he jumped in and bought a home for his family, sight unseen. Then he bought for his wife’s relatives, followed by his clients. Part of the attraction, he said, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-06-2018
    Real Estate Related

  6. Urbana 55 homes at 1770 Richter Street Kelowna by Mission Group

    Urbana the final phase of Kelowna project Michael BernardThe Vancouver Sun Pitt Meadows realtor Sonny Mann was so impressed with Mission Group’s Urbana in Kelowna that he jumped in and bought a home for his family, sight unseen. Then he bought for his wife’s relatives, followed by his clients. Part of the attraction, he said, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-06-2018
    Real Estate Related

  7. Haven 45 townhomes at 2560 Pitt River Road Port Coquitlam by Boffo Properties

    Boffo Properties’ Haven townhome project to take its place in Port Coquitlam Simon Briault The Vancouver Sun Boffo Properties? Haven townhomes in Port Coquitlam will include large decks, two-car garages, and either three or four bedrooms with spacious open concept interiors. Buyers who are moving up from a condominium will enjoy the space offered at […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    30-06-2018
    Real Estate Related

  8. Homebuyers overestimate impact of foreign investors

    Homeowners in Vancouver and Toronto believe foreign investors driving up home prices Steve RandallMortgage Broker News Homeowners in Vancouver and Toronto believe that foreign investors are driving up home prices but that isn’t backed up by official figures. A new Housing Market Insight from the CMHC shows that 68% of survey respondents in Vancouver and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-06-2018
    Real Estate Related

  9. Bidding wars increasingly prevalent in Toronto, Vancouver

    Over half of buyers encountered bidding wars Ephraim VecinaMortgage Broker News The newest Housing Market Insight (HMI) released by Canada Mortgage and Housing Corporation (CMHC) reported that over half of buyers encountered bidding wars in the country’s housing markets. According to the study, fully 55% of buyers experienced a bidding war in Toronto and Vancouver, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-06-2018
    Real Estate Related

  10. Juwai issues conditions forecast for Chinese buyers

    The world will see fewer new foreign buyer restrictions Neil SharmaMortgage Broker News According to a report compiled by Juwai.com—arguably the most vast real estate data base catering in the world catering specifically to Chinese buyers—“the world will see fewer new foreign buyer restrictions imposed on top Chinese property destinations in the year ahead than […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-06-2018
    Real Estate Related

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