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  1. Rural properties increasing demand during the pandemic

    Rural retreats beckon buyers as B.C. opens up Frank O’BrienWestern Investor Nearly 10 acres of island waterfront for less than $750,000; luxury lakefront residences at Whistler and Tofino on the spectacular west coast of Vancouver Island and Sunshine Coast; and Cariboo lakefront resorts are among the exclusive listings that Western Investor will feature in our […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 12-07-2020
    Real Estate Related

  2. Multi-family sites push $25 million an acre

    Development sites still bought in the time of Covid Frank O’BrienWestern Investor The value of residential development land in the Lower Mainland is increasing much faster than the price of the strata homes the land is being bought for, recent sales suggest. The appetite for development sites has remained strong despite a pandemic that has […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 10-07-2020
    Real Estate Related

  3. CRA’s eyeing tax audit for Canadian property transaction in the US

    CRA’s tax audit of U.S. real estate transactions David RotfleischREM On June 25, Canada Revenue Agency (CRA) announced that it would carry out a tax review of six years of U.S. real estate transactions in order to find any tax non-compliance from Canadian taxpayers. CRA is looking for “real estate and property data in bulk […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 09-07-2020
    Real Estate Related

  4. RE/MAX: amidst the Pandemic Toronto Real estate market is growing

    RE/MAX: COVID-19 can?t slow demand in Toronto real estate market Ephraim VecinaMortgage Broker News COVID-19 has not significantly deterred buyers in Toronto due to the market-friendly monetary and fiscal conditions driven by the federal government and the Bank of Canada, according to a RE/MAX analysis. While employment levels have fluctuated and businesses have placed themselves […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 08-07-2020
    Real Estate Related

  5. REW, B.C’s real estate leading platform expanding their established listing adding rental properties.

    REW.ca shakes up the real estate market by adding rental properties?to B.C.?s most-used home platform Vancouver is Awesomeother

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 07-07-2020
    Real Estate Related

  6. Landlords can now issue a Notice to End Tenancy for any reason(unpaid or late rent payment)

    (Some) B.C. tenants can now be evicted WI StaffWestern Investor The B.C. government has partially lifted a ban on residential rental evictions but is maintaining the moratorium on rent increases and evictions for non-payment of rent. B.C. has also extended a rental relief program that provides $300 to $500 per month in rental supplements, paid […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 07-07-2020
    Real Estate Related

  7. CoreLogic launches AI driven platform for real estate agents

    OneHome streamlines communication between agents and home buyers Natalie Gagliordi other CoreLogic, a provider of data and analytics for the real estate and mortgage industries, is unveiling a new AI-based platform called OneHome that aims to improve the home-buying process for agents and consumers.  CoreLogic said that OneHome streamlines communication between agents and home buyers […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-07-2020
    Real Estate Related

  8. Sales gone down but home prices goes up, Northern B.C

    Home prices up, sales down across Northern B.C. WI StaffWestern Investor Housing sales across northern B.C. were down 30 per cent through the first half of this year compared to 2019 – at one point hitting a 32-year-low – but the average price still increased 2 per cent to $329,364. In all, 1,786 properties sold […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-07-2020
    Real Estate Related

  9. Developers, Investors strapped for cash. Does refundable deposit program will solve the gap?

    Refundable deposit program created for cash-strapped commercial developers, investors Ephraim VecinaMortgage Broker News COVID-19’s impact on commercial real estate in Canada is still one of the pandemic’s greatest unknowns. Non-eviction orders and government stimulus can’t last forever. When both expire, there could be some serious disruption coming to the commercial space, including a rash of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-07-2020
    Real Estate Related

  10. Canadian REIT index benchmark fluctuates during Q1

    REITs could roar off the floor Michael McNabbWestern Investor Canada’s real estate investment trust (REIT) market was not spared in the March sell-off as investors rushed to hit the sell button while the world’s economies shut down to fight the spread of COVID-19. The benchmark Canadian REIT index (S&P/ TSX Capped REIT Index) tumbled over […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 05-07-2020
    Real Estate Related
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