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  1. Home prices expect to fall but crash isn’t on the card

    How likely is a Canadian real estate crash in 2021? Clayton JarvisMortgage Broker News Ah, the Canadian housing crash. Always just around the corner, yet never seeming to materialize. People write and talk about the derailing of the real estate gravy train so frequently that a person could be forgiven for thinking some portion of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-01-2021
    Real Estate Related

  2. BCREA sales forecast for 2021, 15 percent higher than 2020

    2021 home sales will rival 2016 boom year, says B.C. Real Estate Association https://rem.ax/2MgyIb1The Vancouver Sun  The market for single-family detached houses is so hot in Metro Vancouver that a realtor booked 130 tours of a Cloverdale home before turning away other potential customers. “So sorry! Showings completely full, for every 15-minute slot. Can’t fit […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-01-2021
    Real Estate Related

  3. Top Five Cities in Canada’s unaffordable for homebuyers

    These are Canada’s most unaffordable cities for homebuyers Duffie OsentalMortgage Broker News Housing markets across Canada have grown exponentially more expensive over the last 10 years, placing homeowners under an increasing amount of financial pressure. A new study from Point2Homes has revealed where the nation’s homeowners are facing the greatest levels of housing unaffordability. According […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-01-2021
    Real Estate Related

  4. $15 million secured funds led by former DoorDash execs on a property management business

    Property management startup led by former DoorDash execs raises $15 million Kelsey PudloskiLivabl

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-01-2021
    Real Estate Related

  5. 190-acre residential development in Kelowna, sold for $22 million

    $22 million land sale sets record in Kelowna Frank O’BrienWestern Investor A Manitoba buyer has made history with the $22 million purchase of a 190-acre residential development site in the hills above Kelowna in the central Okanagan. The land is in the Kirschner Mountain Development and part of a 640-acre project that started in 2003. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-01-2021
    Real Estate Related

  6. Learn about Speculation and Vacancy Tax

    Speculation and Vacancy Tax Staffother

    By Les Twarog Vancouver Real Estate and Condo Blog
    22-01-2021
    Real Estate Related

  7. Over 2000 Active Listings for Condo Apartments for Sale, over 172% of Supply at the End of 2020 Compared to 2019 – City of Toronto

    City of Toronto Had Nearly 2,000 More Condo Apartments For Sale at the End of 2020 Compared to 2019 Janine Raneother Changing lifestyle priorities in the face of COVID-19, coupled with historically low interest rates resulted in a record breaking year for real estate in Canada. Statistics Canada noted in a new report on population […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    20-01-2021
    Real Estate Related

  8. GTA condo sales jump 90% in first two weeks of January

    Condo market is up with sales surging 90% y-o-y on the MLS on the first two weeks of January 2021 Neil SharmaCanadian Real Estate Wealth

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-01-2021
    Real Estate Related

  9. The latest housing boom has also driven eye-popping price increases in areas that remain affordable

    Pandemic housing boom means affordability is no longer just a big-city problem Erica AliniThe Vancouver Sun

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-01-2021
    Real Estate Related

  10. Housing experts doubt that the tax has had much effect on either the rental market or affordability

    Speculation tax a failure, critics contend Andrew DuffyWestern Investor

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-01-2021
    Real Estate Related

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