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  1. Vancouver’s empty homes tax is working – city officials

    More empty homes returned to the rental market in Vancouver Ephraim VecinaMortgage Broker News Despite some initial resistance, Vancouver’s empty homes tax continues to perform as expected, mayor Kennedy Stewart said. “The empty homes tax is working,” Stewart said late last week, as quoted by Global News. “Our second set of year-over-year data clearly shows […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-02-2020
    Real Estate Related

  2. Landlords to return deposits faster under new BC rules

    New renters system means faster deposit returns Steve RandallREP Renters in British Columbia should get their security deposits back faster thanks to a new regime. Currently, if a landlord does not return a tenant’s uncontested security deposit within 15 days of the rental agreement ending, the renter has to apply for a dispute resolution with […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    10-02-2020
    Real Estate Related

  3. Canada created 34,500 jobs in January and they were all full time

    Canada’s labour force grew for second month in a row Steve RandallREP Canada’s labour force grew in January with 34,500 jobs added to the economy, the second consecutive months of gains. The figures from Statistics Canada show that all of the gains were full-time jobs and that they were spread across demographics. Most provinces saw […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    10-02-2020
    Real Estate Related

  4. Toronto market is heating up like early 2016

    RBC Economics says market is showing signs of overheating Steve RandallREP The housing market in Toronto is starting to look a lot like it did in early 2016 warns a new report. RBC Economics says that the market is showing signs of overheating with lower inventories, rising prices, and a sales-to-listings ratio of 0.7 which […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    10-02-2020
    Real Estate Related

  5. Shipping-container homes becoming a beautiful — and permanent – living solution

    New generation of modular steel homes will be on display at B.C. Home and Garden Show this month Joannah ConnollyWestern Investor Modular shipping-container homes such as the Honomobo are suitable for sites that could otherwise be difficult to build on, as well as remote and off-the-grid locations. | Image submitted The largest of the Honomobo […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-02-2020
    Real Estate Related

  6. Shipping-container homes becoming a beautiful — and permanent – living solution

    New generation of modular steel homes will be on display at B.C. Home and Garden Show this month Joannah ConnollyWestern Investor Modular shipping-container homes such as the Honomobo are suitable for sites that could otherwise be difficult to build on, as well as remote and off-the-grid locations. | Image submitted The largest of the Honomobo […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-02-2020
    Real Estate Related

  7. New York is banning agent fees for rentals

    Brokers working for landlords can’t charge fees Steve RandallMortgage Broker News The cost of renting an apartment in New York can be eyewatering, not least because of the fees. But a new guidance issued by the New York Department of State this week has seen renters jump for joy while real estate agents and brokers […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-02-2020
    Real Estate Related

  8. Home sharing a win-win for two generations

    Millennials living with baby boomers to afford homes Myles ShaneREM Many millennials believe they may never be able to afford a home unless they have family that can help them out financially. But baby boomers, many of whom are now seniors, are also being significantly affected by the rising costs of living. With no relief in […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-02-2020
    Real Estate Related

  9. Fraser Valley home sales typical for January

    Home sales in the Fraser Valley housing market were 7% above the 10-year average Steve RandallCanadian Real Estate Wealth Home sales in the Fraser Valley housing market were 7% above the 10-year average for the month in January, while listings decreased and prices were higher. Figures from Fraser Valley Real Estate Board show 974 sales […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-02-2020
    Real Estate Related

  10. Supply down, sales up in Metro Vancouver

    Vancouver residential market lacking inventory Gerv TacadenaCanadian Real Estate Wealth The residential market of Metro Vancouver started the new decade with a substantial jump in home sales; however, the current supply of dwellings up for grabs is becoming thin, according to the latest data from the Real Estate Board of Greater Vancouver (REBGV). Home sales […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-02-2020
    Real Estate Related

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