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  1. Act #533 – Land Owner Transparency Act: Needs to know

    A Whole Lot to Know About the Land Owner Transparency Act #533 Lisa NiroBCREA On November 30, 2020, the Land Owner Transparency Act1 (LOTA) came into effect, and with it, the Land Owner Transparency Registry (LOTR). Now, with every change in title to a property in British Columbia, a transparency declaration must be filed with […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-12-2020
    Real Estate Related

  2. CREA: 25 Cities housing market activity remained high

    Housing Competition Strongly Favours Sellers in 25 Major Housing Markets Across Canada: REPORT Janine Raneother

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-12-2020
    Real Estate Related

  3. Multi-level industrial complex in Burnaby?s Riverbend Business Park

    Oxford takes Canada’s industrial development to the next level WI StaffWestern Investor  Oxford Properties Group has broken ground on Canada’s first large scale multi-level industrial complex, despite the fact that no tenants have been signed for the 437,000-square-foot, two storey project in Burnaby’s Riverbend Business Park. Oxford has transformed the 64-acre brownfield site – once […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-12-2020
    Real Estate Related

  4. CREA – November sales increase 32.1 percent compare last year despite of pandemic

    Why doomsday housing forecasts have proven wrong ? for now Murtaza Haider and Stephen Moranisother

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-12-2020
    Real Estate Related

  5. Canadian housing market deemed “moderate degree of vulnerability” based on Q3 CMHC market assessment

    New CMHC market assessment sees “moderate degree of vulnerability” in Canadian housing Clayton JarvisMortgage Broker News Wednesday morning, Canada Mortgage and Housing Corporation released its most recent Housing Market Assessment for the third quarter of 2020. “Although the unprecedented income supports from governments provided temporary relief, the COVID-19 crisis negatively affected the level of permanent […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-12-2020
    Real Estate Related

  6. High demand in industrial real estate – City of Abbotsford

    Industrial real estate demand engulfs Abbotsford Frank O?BrienThe Vancouver Sun

    By Les Twarog Vancouver Real Estate and Condo Blog
    14-12-2020
    Real Estate Related

  7. High demand in industrial real estate – City of Abbotsford

    Industrial real estate demand engulfs Abbotsford Frank O?BrienThe Vancouver Sun  The Metro Vancouver Regional Industrial Lands Strategy Report, released June 2020, found the region, as of 2015, had approximately 28,000 acres of industrial land, but that 80 per cent of that had already been developed. “Demand is outpacing the market’s ability to provide space,” the report warned. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    14-12-2020
    Real Estate Related

  8. PC Urban submitted two new strata industrial projects in City of Vancouver

    Dual industrial strata projects planned for Vancouver WI StaffWestern Investor The two latest industrial builds planned for Vancouver will tilt speculative strata industrial development to near dominance in the city. Thanks to soaring industrial land costs in Metro Vancouver, a bias towards strata development has skewed new development being delivered to include only limited amounts […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    13-12-2020
    Real Estate Related

  9. Industrial Land on 9.77 acres in Port Coquitlam sold for $13.5 million

    Waterfront industrial on 9.7 acres in Port Coquitlam sells for $13.5 million Lee & AssociatesWestern Investor Property type: Industrial land Location: 750 Kingsway Avenue, Port Coquitlam, B.C. Number of parcels: 22 Land size: 422,532 square feet Land size in acres: 9.77 acres Zoning: M2 (Marine Commercial in the OCP) Vendors: Thomas Lumber Co. Ltd. & […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-12-2020
    Real Estate Related

  10. 0.96-acre industrial site sold at $7.3 million – Richmond

    Richmond 0.96-acre industrial site attracts all-cash deal at $7.3 million Remax Crest RealtyWestern Investor Property type: Industrial Location: 12200 Riverside Way, Richmond, B.C. Number of units: 2 Property size: 16,076 square feet Land size: 41,730 square feet Land size in aces: 0.96 acres Zoning: IBI (Industrial business park) BC Assessment value (2020): $5.82 million List […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-12-2020
    Real Estate Related

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