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  1. 4 problems with Canada’s mortgage stress tests that are hurting homebuyers and the economy

    An economist outlines what he says are four significantly harmful shortcomings of the stress testing Josh Shermanother Economic researcher Will Dunning has a problem with the mortgage stress test the federal government imposed about a year ago. Actually, he has four. Last January, the Canadian government expanded its standard stress testing, which requires borrowers to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-03-2019
    Real Estate Related

  2. 27North at 3490 Mount Seymour Parkway North Vancouver 27 townhomes by Intergulf Development Group and Tatla Developments

    Find all of your lifestyle essentials and more at 27North in North Vancouver, BC other Embrace all the unique lifestyle essentials the North Shore has to offer in North Vancouver’s newest townhome and condo collection, 27North, set to begin selling soon. Nestled along Northlands Golf Course, 27North delivers 27 contemporary homes across three storeys of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-03-2019
    Real Estate Related

  3. Vote needed if council wants to tinker with common property

    Special general meeting required for changes to common property Tony GioventuThe Province Dear Tony: Our strata council has decided to shut down our swimming pool and hot tub for the next three months to save money. They claim the growing costs of winter heating are going to result in a deficit budget, so they have […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-03-2019
    Strata Information

  4. Vancouver detached home sales just collapsed to their lowest level since 1990

    February saw only 98 detached homes sell Josh Shermanother The detached home segment of Vancouver’s housing market has been walloped as sales for this home type in the first two months of the year sunk to the lowest levels since 1990. A mere 98 detached homes were sold in Vancouver proper this February, notes Vancouver […]

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

  5. Vancouver makes changes to empty homes tax

    Empty homes tax has clearer requirements Steve RandallThe Vancouver Sun Vancouver’s empty homes tax will have clearer requirements for property owners for three of its exemptions following a vote by the City Council. The three approved changes, which will be effective for the 2019 tax year once the updated bylaw is enacted, are: The exemption […]

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

  6. Chinese demand for Canadian housing is picking up speed again, but not in the usual hot spots

    Chinese buyers looking at Halifax, Calgary, Montreal and Ottawa Josh Shermanother Chinese homebuyers are showing increasing interest in Canadian real estate again — just not in the in the same places as they were before, a new report suggests. Juwai.com, a real estate portal that connects residents of China with homes abroad, says Chinese enquiries […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-03-2019
    Real Estate Related

  7. Rough winter weather made home sales in Toronto and Vancouver go from bad to worse

    RBC report shows a very slow February Josh Shermanother Higher interest rates, tougher mortgage rules, and special taxes against foreign homebuyers and speculators aren’t the only headwinds cooling some of Canada’s major housing markets this winter. Toronto and Vancouver were slammed with snowy February’s, and that could explain — at least some of — the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-03-2019
    Real Estate Related

  8. Resources for REALTORS

    Conversations on Cannabis ‘ Strata Properties BCREA The legalization of cannabis opens up new risks for homeowners and new opportunities for REALTORS® to add value as trusted advisors as consumers make the biggest financial decision of their lives. That’s why BCREA has launched a series of videos called Conversations on Cannabis. Click here to view […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-03-2019
    Real Estate Related

  9. B.C.’s softening real estate segment to drag down the economy

    Conference Board of Canada’s study predicted economy slowdown Ephraim VecinaCanadian Real Estate Wealth British Columbia’s moderating housing market will have a domino effect of overall weakness in the provincial economy, the Conference Board of Canada predicted in its study released last week. Some ongoing energy megaprojects might help alleviate some of the pain, according to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-03-2019
    Real Estate Related

  10. Vancouver’s homebuyers remain in the driving seat

    Vancouver becoming a buyer’s market Steve RandallREP As the spring buying season approaches, Metro Vancouver’s housing market continues to exhibit weakness with buyers firmly in control. February’s data from the Real Estate Board of Greater Vancouver shows a 32.8% drop in sales year-over-year to 1,484, more than 42% below the 10-year average for the month. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-03-2019
    Real Estate Related

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