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  1. Vancouver-based developer opens sales after constructing condos

    Aragon Developments build first then sell Neil SharmaCanadian Real Estate Wealth Arguably the greatest risk to preconstruction condo purchases is show suites often don’t conceal the true state of delivered units. But a Vancouver developer has found a way around that. Aragon Developments builds its condomniums before opening sales to the public—a virtually unheard of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-03-2019
    Real Estate Related

  2. B.C. seniors with unrentable homes near Vancouver face huge speculation tax bills

    Belcarra cabins charged speculation tax JOHN LEHMANNThe Globe and Mail Seniors who own rustic cabins that are in no shape to be on the rental market say they face thousands of dollars in speculation taxes because their properties fall within the Vancouver-area boundary where the levy applies. Neil Belenkie, mayor of the remote village of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-03-2019
    Real Estate Related

  3. Non-resident buyers’ impact on BC revealed

    5% of residential property in Metro Vancouver owned by non-residents Neil SharmaREP While it’s no surprise that non-resident buyers comprise a substantial portion of British Columbia’s housing market, a Canada Mortgage and Housing Corporation representative elucidated just numerous they are, and questioned when society at large should be concerned. “The data shows that 4.8%—so let’s […]

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

  4. Soleil 1588 Johnston Road White Rock 178 homes in a 26 storey tower by RDG Management

    Soleil trades on an unbeatable location Simon Briault The Vancouver Sun Soleil Project location: 1588 Johnston Road, White Rock Project size and prices: 178 homes, ranging in size from 638 to 1,795 square feet. There are one-, two- and three-bedroom plans available and prices range from $474,900 to $2,199,900 Developer: RDG Management Architect: Ciccozzi Architecture […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    02-03-2019
    Real Estate Related

  5. BC commercial market looks less favourable for 2019

    BCREA says commercial real estate to be flattening for 2019 Steve RandallCanadian Real Estate Wealth British Columbia’s commercial real estate sector will find some challenging conditions this year according to the province’s real estate association. BCREA’s Commercial Leading Indicator (CLI) points to flattening activity for 2019 with a decline of 1.8 points to 134.5, about […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-02-2019
    Real Estate Related

  6. CLI Points to Flattening Commercial Activity in 2019

    BCREA Commercial Leading Indicator down BCREA Vancouver, BC – February 28, 2019. The BCREA Commercial Leading Indicator (CLI) declined by 1.8 points to 134.5 from the third to the fourth quarter of 2018. Compared to this time one year ago, the index is about 1 per cent lower.   “Following several years of robust growth, the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-02-2019
    Real Estate Related

  7. Davie & Nicola 128 homes in a 22 storey tower at 1485 Davie Street by Vivagrand Developments

    Davie & Nicola presents rare opportunity for old-world glamour, high-end features in West End highrise ROBIN BRUNETThe Province Those fortunate enough to live in one of Vancouver’s oldest and most beloved neighbourhoods, the West End, never take their surroundings for granted, and for good reason. Bounded by English Bay, Coal Harbour, Stanley Park and the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-02-2019
    Real Estate Related

  8. Strata must maintain and repair dryer ducts and vents

    Pipes, wires, ducts and cables within a strata complex are common property Tony GioventuThe Province Dear Tony: Our highrise is having an ongoing problem with dryer vents and ducting that was inserted into the concrete floors. They are either too long, too small or have somehow been damaged during construction. The result is the ducting […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-02-2019
    Strata Information

  9. “Sleeper” towns now wide awake to investors in Manitoba

    Brandon, Portage la Prairie and Steinbach among the hot spots for investment in Canada’s central province Geoff Kirbyson Western Investor Manitoba economic development officials give notice that economic and real estate opportunities are thriving outside of Winnipeg’s Perimeter Highway. Certainly the bulk of the province’s population of 1.3 million is concentrated in the capital city, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-02-2019
    Real Estate Related

  10. BC proposes new plans to help vulnerable borrowers

    The Business Practices and Consumer Portection Act upgrade Steve RandallCanadian Real Estate Wealth The BC government wants to introduce a new range of protections for financially vulnerable borrowers. The proposals aim to help those who are living paycheque to paycheque and may seek credit from alternative lenders at high interest rates which compound their financial […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-02-2019
    Real Estate Related

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