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  1. BC commercial market looks less favourable for 2019

    BCREA says commercial real estate to be flattening for 2019 Steve RandallCanadian Real Estate Wealth British Columbia’s commercial real estate sector will find some challenging conditions this year according to the province’s real estate association. BCREA’s Commercial Leading Indicator (CLI) points to flattening activity for 2019 with a decline of 1.8 points to 134.5, about […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-02-2019
    Real Estate Related

  2. CLI Points to Flattening Commercial Activity in 2019

    BCREA Commercial Leading Indicator down BCREA Vancouver, BC – February 28, 2019. The BCREA Commercial Leading Indicator (CLI) declined by 1.8 points to 134.5 from the third to the fourth quarter of 2018. Compared to this time one year ago, the index is about 1 per cent lower.   “Following several years of robust growth, the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-02-2019
    Real Estate Related

  3. Davie & Nicola 128 homes in a 22 storey tower at 1485 Davie Street by Vivagrand Developments

    Davie & Nicola presents rare opportunity for old-world glamour, high-end features in West End highrise ROBIN BRUNETThe Province Those fortunate enough to live in one of Vancouver’s oldest and most beloved neighbourhoods, the West End, never take their surroundings for granted, and for good reason. Bounded by English Bay, Coal Harbour, Stanley Park and the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-02-2019
    Real Estate Related

  4. Strata must maintain and repair dryer ducts and vents

    Pipes, wires, ducts and cables within a strata complex are common property Tony GioventuThe Province Dear Tony: Our highrise is having an ongoing problem with dryer vents and ducting that was inserted into the concrete floors. They are either too long, too small or have somehow been damaged during construction. The result is the ducting […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-02-2019
    Strata Information

  5. “Sleeper” towns now wide awake to investors in Manitoba

    Brandon, Portage la Prairie and Steinbach among the hot spots for investment in Canada’s central province Geoff Kirbyson Western Investor Manitoba economic development officials give notice that economic and real estate opportunities are thriving outside of Winnipeg’s Perimeter Highway. Certainly the bulk of the province’s population of 1.3 million is concentrated in the capital city, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-02-2019
    Real Estate Related

  6. BC proposes new plans to help vulnerable borrowers

    The Business Practices and Consumer Portection Act upgrade Steve RandallCanadian Real Estate Wealth The BC government wants to introduce a new range of protections for financially vulnerable borrowers. The proposals aim to help those who are living paycheque to paycheque and may seek credit from alternative lenders at high interest rates which compound their financial […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-02-2019
    Real Estate Related

  7. CBRE is forecasting a “once in a generation” moment for CRE

    The commercial real estate is in demand Steve RandallCanadian Real Estate Wealth Market conditions for Canada’s commercial real estate sector are lining up a “once in a generation” moment according to a new outlook. CBRE makes its forecast based on record low vacancy rates, rising rents, waves of new construction, and an unprecedented bargaining position […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-02-2019
    Real Estate Related

  8. BC’s housing market is starting to turn a corner

    BCREA expects a 2% gain in 2019 Steve RandallCanadian Real Estate Wealth The declining trend of home sales in British Columbia is expected to end in 2019 with a modest climb in forecasted sales, although conditions will remain subdued. The British Columbia Real Estate Association expects MLS residential sales in the province to gain 2% […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-02-2019
    Real Estate Related

  9. B.C. launches condo pre-sale registry

    New provincial rules require buyers to report the identity and citizenship of assignment buyers Rob Shaw The Province VICTORIA — B.C. has launched a first-of-its-kind registry to track pre-sale condo purchases, a move that may help combat tax evasion but is not expected to drive down condo prices. The new pre-sale registry will collect data […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-02-2019
    Real Estate Related

  10. B.C. finally brings down the axe on speculators

    BC launches the Condo and Strata Assignment integrity Register Ephraim VecinaCanadian Real Estate Wealth B.C.’s Ministry of Finance has announced the launch of the Condo and Strata Assignment Integrity Register, the latest thrust in its efforts to crack down on the speculation that has inflamed the province’s housing prices to unprecedented heights. Finance Minister Carol […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-02-2019
    Real Estate Related

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