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  1. 65-storey Burnaby tower at two Gilmore Place will be tallest in region

    Burnaby highrise will be the region’s tallest vertical village Randy Shore The Vancouver Sun The newly approved Concord Pacific Metrotown development will feature a 65-storey tower and test the vertical limits of the urban village concept. The tallest of the three towers to be built on the old Sears site in Burnaby’s Metrotown will be […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-06-2019
    Real Estate Related

  2. Aragon Properties to build condos before opening sales

    Novel sales pitch hits Vancouver Neil SharmaCanadian Real Estate Wealth A novel, if risky, idea is slated for Vancouver’s real estate landscape. Aragon Properties will be building two condominiums before even opening sales—a move that almost never occurs in Canada because developments must hit about 80% sales before financing can be secured. “We’re going to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-06-2019
    Real Estate Related

  3. All levels of government inflaming housing crisis: Ipsos poll

    Governments are doing enough to improve the province?s housing situation Neil SharmaMortgage Broker News British Columbians are a frustrated bunch—and who could blame them? An Ipsos poll conducted on behalf of the Urban Development Institute found a strong majority of the 1,001 respondents don’t believe their governments, whether municipal, provincial or federal, are doing enough […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-06-2019
    Real Estate Related

  4. How to lose money developing a big-city casino

    Government decisions helped push Parq casino into “selective default” on a $560 million debt Glen Korstrom , Frank O’Brien Vancouver Courier Questions swirl around whether taxpayer money was used wisely in courting the Parq Vancouver entertainment complex development given that project’s financial woes. Yet a look at the process of delivering the city’s biggest casino […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-06-2019
    Real Estate Related

  5. Ottawa needs more commercial space to avoid economic risk

    Low vacancy in the office market is making growth difficult Steve RandallREP Ottawa is in demand from businesses, especially those in the technology and e-commerce sectors; but it needs to ensure inventory can keep up. That’s the warning from CBRE which says that the vacancy rates for offices and industrial real estate are being driven […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-06-2019
    Real Estate Related

  6. GTA new home sales jumped 123% in April

    Altus Group reveal 3,853 new homes sold in April Steve RandallREP There was some better news for the new homes market in the Greater Toronto Area in April as sales jumped 123% year-over-year. The Building Industry and Land Development Association (BILD) reports that figures from its official data source, Altus Group, reveal 3,853 new homes […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-06-2019
    Real Estate Related

  7. Conditions in BC not conducive to housing activity – analysis

    Existing policies and market conditions in BC prevent many buyers and sellers from fully participating in the market Ephraim VecinaCanadian Real Estate Wealth Existing policies and market conditions in BC prevent many buyers and sellers from fully participating in the market, according to Vancouver’s Central 1 Credit Union. The firm found that home sales in […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-06-2019
    Real Estate Related

  8. Seniors? housing segment across Canada in flux

    CMHC market analysis showed senior rentals in flux Ephraim VecinaMortgage Broker News Significant regional variances in senior housing activity were apparent over the past year, according to recent market analysis by Canada Mortgage and Housing Corporation. In its latest regional reports for the asset class, the Crown corporation said that the vacancy rate for seniors’ […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-06-2019
    Real Estate Related

  9. Unlicensed broker arranges $511.6 million in mortgages

    Suspended mortgage broker deals in mortgages for 9 years unlicensed Neil SharmaMortgage Broker News A broker in Vancouver who was suspended over a decade ago has been slapped with an order to cease and desist activities by the Financial Institutions Commission (FICOM) after arranging $511.6 million in mortgage loans. Jay Kanth Chaudhary was also found […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-06-2019
    Real Estate Related

  10. Willow + Oak 11272 240th Street Maple Ridge 54 two, three and four bedroom townhouses by Main Street Homes

    Willow + Oak a draw for first-time buyers Simon BriaultThe Vancouver Sun Willow + Oak Project location: 11272 – 240th Street, Maple Ridge Project size and prices: 59 homes – 54 townhouses and five single-family homes. Townhomes range in size from 1,385 to 2,000 square feet. The two-bedroom homes start at $479,980, three-bedroom homes and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-06-2019
    Real Estate Related

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