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  1. Bank of Canada Interest Rate Announcement

    BCREABCREA The Bank of Canada left its target for the overnight rate unchanged at 1.75 per cent this morning. In the statement accompanying the decision, the Bank noted that the slowdown over the past two quarters was temporary and growth should pick up beginning in the second quarter of 2019. On inflation, the Bank expects […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    29-05-2019
    Real Estate Related

  2. Mixed-use developments in Metro Vancouver are ripe for investment

    Urban enclaves near transit a good investment Ephraim VecinaREP Large-scale developments in Metro Vancouver offer multiple opportunities across a diverse range of asset classes, according to Avison Young’s latest market analysis. In particular, mixed-use developments – also known as “urban enclaves” – situated near rapid transit lines and other public transport routes have proven quite […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    29-05-2019
    Real Estate Related

  3. B-20 will kill $8b worth of new low-rise construction in 2019

    Q1 of 2019 saw an 8% decline in new home construction Neil SharmaMortgage Broker News B-20 is expected to kill $8 billion worth of new low-rise construction activity this year. According to a Mortgage Professionals Canada study, there was an 8% decline in new home construction investment through the first quarter of 2019 when compared […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-05-2019
    Real Estate Related

  4. Equitable Bank Q1 growth supported by alternative lending activity

    Alternative and prime single-family mortgages grew 15% and 48% Ephraim VecinaMortgage Broker News During the first quarter of the year, Equitable Bank achieved its highest market share so far in the Canadian lending space, fuelled by significant growth in its alternative mortgage business. The bank’s Q1 market share stood at 6.3%, according to a CMT […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-05-2019
    Real Estate Related

  5. Current policy regime is stifling BC home resales – analysis

    Analysis found home sales down 40% since the beginning of 2019 Ephraim VecinaMortgage Broker News Stricter government policies on housing have proved to be a potent factor pulling down resale demand in BC, according to Vancouver’s Central 1 Credit Union. A combination of B-20, which cut off purchasing power by 20%, and the BC government’s […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-05-2019
    Real Estate Related

  6. Economist forecasts stability to return to Metro Vancouver’s detached housing market

    Economist says stability will return to Metro detached market David Carrigg The Province Metro Vancouver detached home prices should stabilize later this year but condo prices will continue to fall, according to the deputy chief economist of Central 1 Credit Union. “We expect to see some stabilization by the end of this year, we are […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-05-2019
    Real Estate Related

  7. Montreal-based Lightspeed is writing a new chapter in Canadian tech story

    Lightspeed is writing a new chapter in the Canadian tech story Kevin Carmichael The Vancouver Sun The Canadian Establishment needed some new blood. On March 8, it got some, when Montreal-based Lightspeed POS Inc. debuted on the Toronto Stock Exchange. Lightspeed’s shares closed 20 per cent higher, putting an exclamation point on the most successful […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-05-2019
    Technology Related Articles

  8. Seaside 4638 Orca Way Tsawwassen 125 two, three and four bedroom rowhomes by Mosaic

    With Seaside, Mosaic steps into South Delta Barbara GunnThe Vancouver Sun Seaside Project address: 4638 Orca Way, Tsawwassen Project size: 125 two-, three- and four-bedroom rowhomes (in the first phase) Developer: Mosaic Architect: Ekistics Interior designer: Insight Design Group Price: two-bed and den from $579,900; three-bed from $654,900; three-bed and den from $819,900; four-bed from […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-05-2019
    Real Estate Related

  9. Starchitects still coming with big designs to change Vancouver skyline

    Several glitzy high-end towers are proposed for downtown, many by prominent international architects John Mackie The Vancouver Sun Rumours about the death of Vancouver’s high-end real estate market may be exaggerated. Several new highrise developments are in the works for downtown. And many are high-end projects being designed by internationally renowned “starchitects.” A rezoning application […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-05-2019
    Real Estate Related

  10. First Time homebuyer Land Transfer Tax Rebate

    If you?re a first-time home buyer, there are more programs available for you to take advantage of other If you’re a first-time homebuyer (FTHB) in Ontario, British Columbia, or Prince Edward Island, you may be eligible to receive a land transfer tax (LTT) rebate. The eligibility requirements and rebates differ by region. British Columbia first-time […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-05-2019
    Real Estate Related

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