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  1. Creekside 24076 112 Avenue Maple Ridge 130 three bedroom homes by StreetSide Developments

    Creekside has family-friendly allure Kathleen FreimondThe Vancouver Sun Back in 1874, about 50 families decided at a group meeting to incorporate and established one of British Columbia’s earliest municipalities, Maple Ridge. They were optimistic that the community would be a great place to raise their children. That attitude hasn’t changed and over the years as […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 30-11-2019
    Real Estate Related

  2. Anatomy of money laundering in B.C. real estate: 12 cases, $1.7 billion, 20 countries and 30 banks

    As British Columbians confront, understand and quantify the effects of money laundering in real estate, there remains skepticism over whether, and to what extent, illicit money can be laundered in real estate Gordon Hoekstra The Vancouver Sun It started with a huge hash bust. Following up on a tip, the RCMP set up a stakeout […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 28-11-2019
    Real Estate Related

  3. Vancouver announces boost for supply of affordable rental homes

    Rental only zones and up to 6-storeys in residential areas Steve RandallREP Several policy changes proposed by Vancouver City Council could deliver thousands of new rental homes over the coming years. The council approved recommendations this week that will enable faster development of rental units and in more areas of the city. Councillors backed measures […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 28-11-2019
    Real Estate Related

  4. Agencies want to improve home financing for First Nations

    CMHC and LAB changing policy for First Nations Steve RandallREP First Nation families are expected to benefit from two policy changes announced by CMHC and the Lands Advisory Board (LAB) this week. The enhancements are aimed at making it easier to access home financing for First Nation or Indigenous Settled land. They include CMHC mortgage […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 28-11-2019
    Real Estate Related

  5. Prudent to do homework before contracting out work

    Get quotes and qualifications for major repairs Tony GioventuThe Province Dear Tony: Is there anything in the Strata Act or legislation that requires a strata council to get three bids for projects of a certain value? Our strata council is negotiating with a contractor to replace our siding and our decks and several owners are […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 28-11-2019
    Strata Information

  6. BC housing market recovering faster than expected says Central 1 Credit Union

    Lower mortgage rates, the first-time homebuyer incentive, and international immigration give the market a helping hand Steve RandallThe Vancouver Sun The housing market in British Columbia is benefitting from a cocktail of positive influences which are aiding its recovery. The deputy chief economist of Central 1 Credit Union says that the rebound is happening faster […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 25-11-2019
    Real Estate Related

  7. Vancouver condos continue to impel demand, despite muted annual growth

    The year-over-year price trend is declining, demand for Vancouver?s condos is still driving growth Ephraim VecinaMortgage Broker News While the year-over-year price trend is declining, demand for Vancouver’s condos is still driving growth. Fresh Statistics Canada data covering the third quarter showed that the market’s average condo prices are down by 3.49% annually, but up […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 25-11-2019
    Real Estate Related

  8. Christies International chief expects global downturn in 2021

    Once the next US president is sworn in, things are likely to take a turn Steve RandallMortgage Broker News A global recession would bring challenges for the global real estate market but it is unlikely next year according to one major firm’s leader. Dann Conn is chief executive officer of Christies International Real Estate and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 24-11-2019
    Real Estate Related

  9. Residential site in Vancouver’s Shaughnessy sold for $12.7M

    Land parcel totalling nearly an acre, in Vancouver’s most exclusive neighbourhood, has potential for 85 rental units Mark Goodman Western Investor Breakdown: Property type: Residential development site Location: 1464 West 32nd Street and 4750 Granville Street, Vancouver Property size: 37,938 square feet Zoning: RS-5 (low-rise residential) Potential: 85 rental suites Price: $12.7 million Date of sale: […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 19-11-2019
    Real Estate Related

  10. Toronto to move forward with regulation of short-term rentals

    Short-term rentals in Toronto allowed in principal residences Steve RandallCanadian Real Estate Wealth Plans to regulate the short-term rentals market in Toronto will go ahead following the dismissal of an appeal. It means that short-term rentals through platforms such as Airbnb will be allowed in all housing types across the city but only in homeowners’ […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 18-11-2019
    Real Estate Related
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