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  1. 50-storey towers with a commercial space area located at Coquitlam City Centre

    Coquitlam mega-build bid includes 50-storey towers Janis CleughWestern Investor Proposed development would add 4,000 new homes, a hotel and convention centre, office and retail space and about $150 million for city fees and amenities Giant project would include about 580,000 square feet of commercial space. |Marcon Proposed development would add 4,000 new homes, a hotel […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-06-2021
    Real Estate Related

  2. 6,997 square feet sells for $1.57 Million Located at 33761 Essendale Avenue Abbotsford BC

    Downton Abbotsford retail corner site sells for $1.57 million Frontline Real State ServicesWestern Investor

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-06-2021
    Real Estate Related

  3. 6,997 square feet sells for $1.57 Million Located at 33761 Essendale Avenue Abbotsford BC

    Downton Abbotsford retail corner site sells for $1.57 million Frontline Real State ServicesWestern Investor The 6,977 square foot retail building has “exceptional exposure and retail frontage” in the historic downtown area of Abbotsford, B.C. Frontline Real Estate Services, Surrey, B.C., for Western InvestorType of property: RetailLocation: 33761 Essendale Avenue, Abbotsford, B.C.Size of property: 6,977 square […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-06-2021
    Real Estate Related

  4. Vancouver retained as the highest rent status in Canada during pandemic

    Vancouver rents rise to remain highest in Canada WI StaffWestern Investor Two-bedroom rentals were up 7.7 per cent in May from a month earlier to $2,760 per month – and rents now average $3.04 per square foot   Two-bedroom rentals were up 7.7 per cent in May from a month earlier to $2,760 per month […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-06-2021
    Real Estate Related

  5. Intensified multi-family market activity pushed Canadian housing starts higher in with an average of Canadian housing starts was 280,779 units

    CMHC on what pushed housing starts higher last month Ephraim VecinaMortgage Broker News Intensified multi-family market activity pushed Canadian housing starts higher in May compared to previous months, according to the Canada Mortgage and Housing Corporation. The latest data from the Crown corporation showed that the six-month moving average of Canadian housing starts was 280,779 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 15-06-2021
    Real Estate Related

  6. Condo price increase is quite convincing despite pandemic bubble

    Condo prices see a significant spike in the GTA Ephraim VecinaMortgage Broker News Condo prices in the Greater Toronto Area have grown by 44% since the 2017 housing peak, a trend that is in line with the opinion of nearly half of mortgage and property agents in Ontario who believe that Canada is currently labouring […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 15-06-2021
    Real Estate Related

  7. Inflation increase with the fastest annual gain of 3.6% since May 2011

    Inflation Jumps to 3.6% in Canada, Its Highest Since 2011 Shelly HaganBloomberg Inflation in Canada accelerated to its highest level in a decade, in what policy makers are saying will only be a temporary run-up in prices.Consumer prices were up 3.6% in May from a year ago, the fastest annual gain since May 2011, Statistics […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 15-06-2021
    Real Estate Related

  8. Opportunity knock in Toronto developer due to the demand of growing population

    Toronto developer looking to establish large-scale rental portfolio Ephraim VecinaMortgage Broker News Amid the already dangerously low supply of housing in the market, a Toronto condo developer is reportedly buying hundreds of detached houses across various provinces with the intention of renting out these properties. As reported by The Globe and Mail, Core Development Group […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 14-06-2021
    Real Estate Related

  9. Canadian home sales fell 7.4% in May compared from the previous month

    Canadian home sales, prices drop from the month before amid buyer fatigue Julie Gordonother Home sales fall 7.4% in May from April, while the average selling price was down 1.1% Canadian home sales fell 7.4 per cent in May from April, while the average selling price was down 1.1 per cent from the previous month, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 14-06-2021
    Real Estate Related

  10. Retail assets saw continued strong performance in Q1 2021 with 79 percent increase compared to Q1 2020 amidst pandemic

    Metro Vancouver commercial sales hit $2.7 billion in Q1 WI StaffWestern Investor Multi-family sales led the pace, but the $103 million dollar sale of MEC’s former headquarters also kept Vancouver the No. 1 investment market in Canada Former MEC headquarters in Vancouver’s False Creek Flats sold for $103 million. | WI file Multi-family sales led […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 13-06-2021
    Real Estate Related
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