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  1. BC?s housing market continues its steady recovery as summer ends

    August home sales up 4.9% from last year Josh ShermanLivabl The stress test requires borrowers to either qualify for their mortgages at the Bank of Canada’s benchmark rate — an average of the Big Six banks’ posted rates — or 200 basis points above the borrowers’ contract rate, whichever is higher. Similar testing had been […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-09-2019
    Real Estate Related

  2. Ariva 1770 Old Ferry Wharf Road Westbank Kelowna 37 condos in first phase by Barry & Kevin Johnson-Ariva Resorts

    Amenity-packed Ariva project overlooking Okanagan Lake aimed at active downsizers Kathleen FreimondThe Vancouver Sun “If you were busy before, you’ll be even busier and have more fun at Ariva,” says developer Barry Johnson of Barry and Kevin Johnson-Ariva Properties. Johnson says some baby boomers don’t downsize from large homes because a small condo or townhouse […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    14-09-2019
    Real Estate Related

  3. Ebb & Flow 109 homes at Lions Gate Village 1944 Fullerton Avenue North Vancouver by Woodbridge Homes and Citimark

    Ebb & Flow takes a location near urban amenities, minutes from North Shore?s natural draws Simon BriaultThe Vancouver Sun Easy access to nature has always been one of Metro Vancouver’s most appealing traits. For as long as anyone can remember, homebuilders have touted the ability of residents to live and work in a modern, cosmopolitan […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    14-09-2019
    Real Estate Related

  4. Vancouver property investment has significantly slowed down this year

    CBRE data shows real estate investors avoiding Vancouver Ephraim VecinaCanadian Real Estate Wealth Market and economic uncertainty has proven to be a damper on real estate investor activity in Vancouver, according to data from CBRE. These factors have compounded the pressure from a lower number of renovictions and strict government policies – the Residential Tenancy […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    13-09-2019
    Real Estate Related

  5. Commercial real estate sales down from last year’s pace

    Lower Mainland commercial real estate down in Q2 REBGV Sales activity in the Lower Mainland’s commercial real estate market declined in the second quarter (Q2) of 2019 compared to the more active market experienced in the region last year.   There were 407 commercial real estate sales in the Lower Mainland in Q2 2019, a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    13-09-2019
    Real Estate Related

  6. Has BC speculation tax helped lower home prices?

    Some credit went to the speculation tax in lowering prices REP Finance Minister Carole James is giving some credit to the speculation and vacancy tax for lowering home prices and easing rental vacancies in British Columbia. James said Thursday she is cautiously optimistic about easing prices in the real estate market after announcing the province […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    13-09-2019
    Real Estate Related

  7. Metro Vancouver land deals claim a greater share of investment sales in Q2

    Boom in strata industrial is biggest story in Lower Mainland, but less so across B.C. Peter MithamWestern Investor While the tally of investment sales greater than $1 million in Metro Vancouver has dropped significantly this year, the second quarter saw a greater volume of land deals. According to the latest figures from Altus Group, residential […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-09-2019
    Real Estate Related

  8. Housing Demand Continues to Recover in August

    August home sales up 4.9% from last year BCREA The British Columbia Real Estate Association (BCREA) reports that a total of 7,093 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August, an increase of 4.9 per cent from the same month last year. The average MLS® residential price in the province […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-09-2019
    Real Estate Related

  9. Cyrus hill 40 three and four bedroom townhomes at 11268 72 Avenue Delta by Bassi Properties

    Cyrus Hill townhomes will have plenty of room on offer Simon BriaultThe Province A typical floor plan in a new townhome development in the Lower Mainland can sometimes be a somewhat narrow affair, with perhaps two or three bedrooms and a maximum size of about 1,600 square feet. But the townhomes at Cyrus Hill are […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-09-2019
    Real Estate Related

  10. Century 21 survey reveals steep decreases in home prices

    Pricing trends vary across communities and types of property Steve RandallREP A new report shows disparity in home price trajectories across Canada, including some large decreases. The CENTURY 21 analysis of home prices reveals that some communities have seen some steep decreases in price per square foot in the past year, most notably in British […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-09-2019
    Real Estate Related

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