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  1. Bob Rennie cues builders on B.C.’s ‘demographic crunch’

    Climate change, aging population biggest challenges facing the economy Malcolm Parry The Vancouver Sun CRYSTAL BALLING: Realtor Bob Rennie and his Rennie Group’s intelligence VP, Andrew Ramlo, helped Independent Contractors and Business Association conventioneers digest their bacon and eggs recently. The association president, Chris Gardner, had already told breakfasting colleagues that trade workers’ wages will […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    20-02-2020
    Real Estate Related

  2. Easier Mortgage Stress Test Rate to Come in April

    It?s going to become a bit easier to qualify for a mortgage Penelope Grahamother Good news is on the way for those getting into the housing market this spring – it’s going to become a bit easier to qualify for a mortgage, as changes are in store for the much-contested federal mortgage stress test. The Department […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    20-02-2020
    Real Estate Related

  3. Canadian mortgage industry welcomes stress test adjustment

    Federal government changes the stress test Steve RandallCanadian Real Estate Wealth The body representing thousands of firms and individuals in the Canadian mortgage industry has welcomed the federal government’s plan to change the stress test. Mortgage Professionals Canada (MPC) says that finance minister Bill Morneau’s announcement this week that OSFI will review the rules is […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    20-02-2020
    Real Estate Related

  4. At tax time, get strata to consult with accountant

    The lines of taxation get blurry when strata corporations run a commercial enterprise Tony GioventuThe Province Dear Tony: Our strata corporation is a multi-building community in the Fraser Valley. We host five guest suites solely for owner use at a minimal cost to cover expenses, rent 20 additional parking spaces at $25 per month and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    20-02-2020
    Strata Information

  5. University Height at The Crescent Squamish 51 single-family homes by Holborn Group

    The 51 single-family home development in Squamish is situated on 22 acres, with typical lot sizes ranging from 4,000 to 4,500 square feet. Kathleen FreimondThe Province The second phase of University Heights, Holborn Group’s master-planned community in Squamish, juxtaposes modern architecture and the natural landscape of the Garibaldi Highlands to create a unique neighbourhood in […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    20-02-2020
    Real Estate Related

  6. BC to change tax thresholds to address the cost of living

    BC’s wealthiest to get a tax hike Steve RandallCanadian Real Estate Wealth The wealthiest people living in British Columbia will pay additional income tax as part of the province’s new budget. The government wants to address the high cost of living – especially in Vancouver – and has announced that the top 1% of earners, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-02-2020
    Real Estate Related

  7. CIBC, RE/MAX join forces to help Canadian homebuyers

    Ontario and Atlantic provinces get help in the housing market Gerv TacadenaREP CIBC and RE/MAX INTEGRA have forged an exclusive partnership in a bid to help Canadians in Ontario and the Atlantic provinces break into the housing market. Under the partnership, RE/MAX clients who are looking to buy a home or an investment property will […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-02-2020
    Real Estate Related

  8. Developer purchases land in Burnaby’s Brentwood to be part of transformation

    Developer buys land in Burnaby to be part of area’s transformation, VP says Joanne Lee-YoungThe Province Grosvenor Group’s Michael Ward, senior vice president of development, and Marc Josephson, vice president of development, at the parcel of land that Grosvenor Group has purchased near Brentwood Mall. Francis Georgian / PNG Grosvenor Group recently finished buying an […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-02-2020
    Real Estate Related

  9. BC condos struggle with insurance renewals

    The condominium market in British Columbia is facing an insurance crisis Canadian Real Estate Wealth The condominium market in British Columbia appears to be facing an insurance crisis, with some strata corporations witnessing a huge jump in premiums while others are unable to secure a renewal. According to the Insurance Brokers Association of BC (IBABC), […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-02-2020
    Real Estate Related

  10. Toronto vs. Vancouver: Which condo market makes more sense?

    Vancouver regained the highest cost of living Zee Jeremic Canadian Real Estate Wealth The title of “Canada’s most expensive city” has cycled between Toronto and Vancouver for decades. Though Toronto was reported to have the highest cost of living among all other cities in the country, in 2018, Mercer Canada’s annual cost-of-living survey now suggests […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-02-2020
    Real Estate Related

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