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  1. City of Vancouver, the lowest tax rate for commercial property among major Canadian cities

    Vancouver, Calgary chop commercial property taxes Frank O?BrienWestern Investor

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-10-2020
    Real Estate Related

  2. Homeowners – Will the end of forbearance mean a wave of foreclosures?

    Will the end of forbearance mean a wave of foreclosures? Ryan Smithother Sherrod Brown doesn’t seem to have a lot of faith in Kathy Kraninger. The Ohio Democrat and ranking member of the Senate Banking Committee has repeatedly accused the director of the Consumer Financial Protection Bureau of putting corporations’ interests ahead of consumers and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-10-2020
    Real Estate Related

  3. B.C construction employment slumped by 6.8 % during pandemic

    B.C. construction workers miss job recovery WI StaffWestern Investor

    By Les Twarog Vancouver Real Estate and Condo Blog
    22-10-2020
    Real Estate Related

  4. CMHC previous prediction about home price is no longer applies despite of pandemic

    Is the CMHC’s forecast of a major price drop this year still relevant? Ephraim VecinaMortgage Broker News The Canada Mortgage and Housing Corporation’s previous prediction of a 9-18% home price drop this year no longer applies, according to several economists in a new Finder survey.The Crown corporation’s forecasts were criticized by Christopher Alexander, executive vice […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    22-10-2020
    Real Estate Related

  5. CMLS Financial appointee expects demand for multifamily properties and developable land to remain strong

    Where are the opportunities in Western Canadian commercial real estate? Ephraim VecinaMortgage Broker News The Canada Mortgage and Housing Corporation’s previous prediction of a 9-18% home price drop this year no longer applies, according to several economists in a new Finder survey.The Crown corporation’s forecasts were criticized by Christopher Alexander, executive vice president and regional […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    22-10-2020
    Real Estate Related

  6. 9 out of 35 City of Toronto neighbourhoods where the median detached house price under $1M

    Median Detached House Price Under $1M in Only 9 of 35 City of Toronto Neighbourhoods Jannine Raneother September was a record-breaking month for home sales in the GTA, as more city-dwellers reassessed their housing priorities in search of homes with higher square footage. Housing demand in the City of Toronto was a true reflection of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    21-10-2020
    Real Estate Related

  7. Bank of Canada is still not doing enough to guide the nation out of recession-Economist

    Economists: Current BoC measures not enough to counter recession Ephraim VecinaMortgage Broker News

    By Les Twarog Vancouver Real Estate and Condo Blog
    20-10-2020
    Real Estate Related

  8. Canada’s housing market sales history in a closer look

    A closer look at Canada’s off-the charts home sales activity in September Clayton JarvisMortgage Broker News  Last week, CREA released its housing data for September 2020, with the headline number being a nationwide year-over-year increase in sales of 45.6 percent. It’s a colossal figure, but one that makes little room for nuance. As many Mortgage […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    20-10-2020
    Real Estate Related

  9. Front Yard, second largest single family landlord closed deal in $2.4 Billion Deal

    Pretium, Ares to Purchase Front Yard in $2.4 Billion Deal Patrick Clark and Prashant GopalBloomberg Pretium and Ares Management Corp. have agreed to purchase Front Yard Residential Corp. in a deal valued at $2.4 billion that would create the second-largest single-family landlord in the U.S. Front Yard shareholders will receive $13.50 a share, a premium […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-10-2020
    Real Estate Related

  10. Different predictions for Metro Real Estate market

    Diverging predictions for Metro real estate market Joanne Lee-YoungThe Province The Vancouver real estate industry reported another month of higher sales and prices in September and continues to defy dire predictions of a pandemic-induced downturn. But some analysts point out fragile aspects of the market, such as a rising condo inventory and falling condo prices. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-10-2020
    Real Estate Related

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