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  1. Bank of Canada acknowledging interest rates will need to increase

    Bank of Canada makes benchmark rate announcement Fergal McAlindenother All eyes have been on the Bank in recent weeks amid speculation of an impending rate increase  The Bank of Canada has once again stayed the course on its benchmark policy rate, announcing no change to that key rate in its first announcement of the year […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-01-2022
    Real Estate Related

  2. Bank of Canada acknowledging interest rates will need to increase

    Bank of Canada makes benchmark rate announcement Fergal McAlindenother All eyes have been on the Bank in recent weeks amid speculation of an impending rate increase  The Bank of Canada has once again stayed the course on its benchmark policy rate, announcing no change to that key rate in its first announcement of the year […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-01-2022
    Real Estate Related

  3. Canadians turn away from major cities for searching affordable housing

    Vancouver population decreases for first time in 45 years Ryan GarnerLivabl  Reflecting similar situations in Toronto and Montreal, Vancouver saw its population drop last year as people increasingly left the city for surrounding areas in search of affordable housing. According to estimates by Statistics Canada, after rising from 664,156 to 700,015 between 2016 and 2020, Vancouver’s population […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-01-2022
    Real Estate Related

  4. Commercial real estate sales increased 30.7% in Q3 2021 compared to Q3 2020

    Commercial real estate sales click over $1 billon a month in Lower Mainland Frank O’BrienWestern Investor Third-quarter 2021 transactions were up 64 per cent from a year earlier with land sales leading the curve  Sold September 20 2021 as a 15,000-square-foot land development deal, 1290 Hornby Street, Vancouver, was bought by Wall Financial for $45 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    23-01-2022
    Real Estate Related

  5. A joint venture agreement in Vancouver that sees a once in a lifetime opportunity for any city

    Reliance Properties joins in billion-dollar Colwood build WI Staff with Times ColonistWestern Investor Vancouver developer joint ventures with Seacliff Properties on 130-acre waterfront community with 2,850 homes and a commercial core Vancouver developer joint ventures with Seacliff Properties on 130-acre waterfront community with 2,850 homes and a commercial core Vancouver’s Reliance Properties has inked a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    23-01-2022
    Real Estate Related

  6. Canadas housing and mortgage markets heated up to unprecedented levels throughout the COVID-19

    British Columbia housing market what cooling off legislation could mean Fergal McAlindenother   The provincial government has proposed new measures aimed at protecting consumers’ rights in the buying process  As Canada’s housing and mortgage markets heated up to unprecedented levels throughout the COVID-19 pandemic, one of the most notable side effects was the growing prevalence […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    23-01-2022
    Real Estate Related

  7. 2.5 acres townhouse development sells for $8.56 Million located in 202A Street, Langley

    Langley 2.5-acre townhouse site sells for $8.56 million Frontline Real Estate ServicesWestern Investor The flat lot currently has a single detached house but is designated for townhouse development at eight to 22 units per acre in Willoughby area of North Langley.   Property type: Development land Location: 7680 202A Street, Langley, B.C. Size of land […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    20-01-2022
    Real Estate Related

  8. 0.42 acre condo development land in Chilliwack sells for $1.7 million

    Chilliwack 0.42-acre land assembly sells for $1.7 million Frontline Real Estate ServicesWestern Investor Two lots assembled into a small condominium development site near an elementary school and close to downtown Chilliwack, B.C. Property type: Condo development land Location: 46801 and 46811 Yale Road, Chilliwack, B.C. Land size: 18,.470 square feet Land size in acres: 0.42 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    20-01-2022
    Real Estate Related

  9. Graduating to the TSX is a significant milestone for DLC

    DLC earns new TSX listing Fergal McAlindenother

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-01-2022
    Real Estate Related

  10. Vancouver housing market continue to compete for fewer listings at higher prices in 2022

    Vancouver supply crunch poised to push prices higher in 2022 Ryan GarnerLivabl  Following a record-setting year, the Metro Vancouver housing market should continue to see buyers compete for fewer listings at higher prices in 2022. The Real Estate Board of Greater Vancouver (REBGV) reports the region saw a total of 43,999 home sales during 2021, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-01-2022
    Real Estate Related

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