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  1. Federal gov’t promises support for the Canadian mortgage industry

    Canada’s mortgage lenders are slated to receive a $50-billion federal boost Ephraim VecinaMortgage Broker News Canada’s mortgage lenders are slated to receive a $50-billion federal boost so that they can remain operational amid the ongoing COVID-19 pandemic. The tranche is among the adjustments made late last week to a $565-billion-plus stimulus package intended to ensure […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    23-03-2020
    Real Estate Related

  2. Will house prices in BC fall amid the COVID-19 outbreak?

    Experts say lower qualifying rate is needed Gerv TacadenaCanadian Real Estate Wealth The impact of the coronavirus outbreak on the housing market of British Columbia remains uncertain, but analysis of possible scenarios paints a need for a lower qualifying rate for home loans for prices to recover. According to the British Columbia Real Estate Association […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    23-03-2020
    Real Estate Related

  3. How to Get Mortgage Relief

    Federal regulators have stepped in to offer coronavirus mortgage relief Jim Probascoother The federal government, through Fannie Mae and Freddie Mac, is telling associated lenders to lower or suspend borrowers’ mortgage payments for up to 12 months if they have lost income because of the coronavirus outbreak. Regulators expect other lenders to follow suit. Reduced […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    22-03-2020
    Real Estate Related

  4. Video ***2 Videos for you to reflect on what is happening these days

    other Download Document

    By Les Twarog Vancouver Real Estate and Condo Blog
    22-03-2020
    Real Estate Related

  5. The Best Tips for a Quick Home Office Set-Up

    REW You’re suddenly faced with the need to WFH. Here are some essential elements you need to enhance productivity in your (new) home office. By REW (Real Estate Wire) Mar 21, 2020 Working from home has become our new norm. There are many new factors to this change in working life, from sharing the same space […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-03-2020
    Other News Articles

  6. Quarter-acre East Vancouver land parcel assembled for $6.6M

    Parcel in Little Mountain area has potential for more than 35,000 square feet of multi-family development Stanley Chiu Howard Mak Gammon Western Investor A 0.25-acre land assembly in the Little Mountain area of East Vancouver, zoned for increased density, has been bought for $6.6 million, reports Gammon International Real Estate Corp. The parcel has potential […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-03-2020
    Real Estate Related

  7. Some buyers plan to be big fish in a smaller pool of competition

    With less competition some buyers are looking for advantages Steve RandallREP With disruption to the Canadian real estate market due to the coronavirus crisis, some buyers are seeing an opportunity. An expected slowdown in activity means less competition for those still keen to buy, although for sellers it may mean some tough tactics being deployed […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-03-2020
    Real Estate Related

  8. Canadian consumer confidence takes unprecedented slump

    Index of Consumer Confidence slumped 32 points Steve RandallREP A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic. The Conference Board of Canada’s Index of Consumer Confidence slumped 32.0 points this month, an unprecedented decline. There were no positives, with every region posting double-digit decreases and each question […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-03-2020
    Real Estate Related

  9. Investor demand for apartments heightens in Vancouver

    Multi-family homes on investor radar Gerv TacadenaThe Vancouver Sun The investor demand for multi-family homes in Metro Vancouver appears to have surged after the recent lending-rate cuts, according to Western Investor. The sudden interest in apartment buildings came amid the growing concerns about the potential impacts of the COVID-19 outbreak on the economy, said Mark […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-03-2020
    Real Estate Related

  10. Open houses in the time of COVID-19

    Online transactions and a “no open house” policy will be in effect until the end of the pandemic Duffie OsentalMortgage Broker News As new cases of COVID-19 increase across Canada, health officials are urging people to practice “social distancing” by keeping around two metres away from others, causing many real estate agencies to cancel open […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-03-2020
    Real Estate Related

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