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  1. Most of B.C.’s dirty money laundered through real estate – report

    Report on money laundering says major influence in real estate Ephraim VecinaREP Unscrupulous elements ferried around $7.4 billion in dirty money in B.C. last year, with an estimated $5 billion laundered through the real estate market, according to an extensive analysis released late last week. The report from the expert panel led by former B.C. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-05-2019
    Real Estate Related

  2. Industry weighs in on B.C. money laundering

    $5b went through real estate Neil SharmaREP In light of a blistering report on money laundering in British Columbia, industry professionals have weighed in on how the problem can be curtailed. While British Columbia ranks behind Alberta, Ontario and the Prairies in money laundering, $7.4 billion in ill-gotten gains made its way into the province […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-05-2019
    Real Estate Related

  3. Kira 750 Dogwood Street Coquitlam 116 homes in a 6 storey building by Woodbridge Homes

    Kira residency in Coquitlam all about light Michael BernardThe Vancouver Sun Kira Project address: 750 Dogwood St., Coquitlam Project Scope: A total of 116 one-, two- and three-bedroom homes in a six-storey wood-frame building. Homes range from 531 sq. ft. to 1,108 sq. ft. with a starting price of $399,900 Developer: Woodbridge Homes Architects: Ciccozzi […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-05-2019
    Real Estate Related

  4. BC Assessments Vs. What Your Home is Truly Worth

    BC Assessments not tied to true market value Dustan WoodhouseREW BC Assessment notices have arrived in the mail, giving some homeowners a big smile and a bit more spring in their step (increased property taxes aside), while others wilt and lament at a modest gain or decrease in assessed value. But hold on a sec. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-05-2019
    Real Estate Related

  5. Amira 612 Brantford Street New Westminster 41 homes in a 6 storey building by Alpha Beta Developments Ltd

    New Westminster?s Amira will take a position close to shops, transit, schools and restaurants Michael BernardThe Province Amira What: 41 one-, two- and three-bedroom homes in a six-storey building Where: 612 Brantford St., New Westminster Residence size and prices: 613 — 1,014 sq. ft.; one-bedroom homes from $424,900, two-bedroom units from $539,900 and three-bedrooms from […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-05-2019
    Real Estate Related

  6. Money laundering drove up B.C. real estate prices by 5%: reports

    Effect on Lower Mainland could be much higher, finance minister says Graeme WoodWestern Investor An estimated $5.3 billion of laundered money into B.C. real estate in 2018 hiked housing prices about 5 per cent, two special reports released May 9 by the provincial government show. However, since the figures are for the entire province and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-05-2019
    Real Estate Related

  7. Confirm everything in writing before you buy

    A seller must provide a property purchase disclosure Tony GioventuThe Province Dear Tony: We have been looking for a two-bedroom mid-sized condo in the Metro Vancouver area for the past three months. We have viewed several units and put in two offers. However, in both situations, once we received the Information Certificate from the strata […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-05-2019
    Strata Information

  8. Province cracks down on tenancy law-breakers – whether renters or landlords

    Ministry of housing sets up enforcement group, warns of fines of up to $5,000 a day Joannah ConnollyWestern Investor The Province of British Columbia is cracking down on landlords and renters who break tenancy laws by setting up a compliance and enforcement unit within the Residential Tenancy Branch (RTB), housing minister Selina Robinson announced at […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-05-2019
    Real Estate Related

  9. Transit is increasingly a deal-breaker for Canadian homebuyers

    A new survey said that proximity to transit important to home buying Steve RandallCanadian Real Estate Wealth Busy lives and the changing trends in how we get around is driving greater demand for homes close to good transit links. In a new survey released Tuesday, 28% of ‘modern family’ homeowners in major Canadian metros said […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-05-2019
    Real Estate Related

  10. Vancouver sales volume falls due to slackened demand

    Sales down compared to April last year Ephraim VecinaCanadian Real Estate Wealth Weak demand continues to pull down the Vancouver housing market’s sales volume, according to new figures from the Real Estate Board of Greater Vancouver (REBGV). Overall transactions declined by 29.1% annually in April, down to 1,829 sales. This is despite a gain of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-05-2019
    Real Estate Related

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