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  1. Majority of people agree that there is a home shortage and more housing should be built

    More than 70% of GTA residents support building new homes and roads: BILD Michelle McNally Livabl Creating more residences and infrastructure in the Greater Toronto Area has been a central theme of the affordable housing conversation. New research shows that the majority of people who live in the GTA agree that there is an underlying […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 17-05-2022
    Real Estate Related

  2. Deal leased 548,000 square feet in APEX Business Park to MTE Logistix

    MTE takes record industrial lease in Edmonton spec build Western Investor StaffWestern Investor Developed on speculation, Apex Business Park was fully leased before construction completed Avison Young has closed Edmonton’s largest industrial lease of 2022 thus far, at 548,000 square feet in APEX Business Park. The transaction is also one of Edmonton’s top five largest-ever […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 17-05-2022
    Real Estate Related

  3. Counsil approved 46 acres for industrial development, with price tag of $160,000 per acre

    Innisfail to sell 46 acres for industrial development Johnnie BachuskyWestern Investor Subdivision will create lots with prices starting at $160,000 per acreInnisfail town council has approved a plan to put 46 acres of new industrial land south of 37th Street out to market, with an introductory price tag of $160,000 per acre. Photo courtesy of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-05-2022
    Real Estate Related

  4. New mortgage agent and broker licensing requirements

    Private mortgages – what’s next for Ontario agents? Fergal McAlindenother Recent weeks have seen new measures aimed at raising standards for Ontario agents in the private spaceThe brokering of private mortgages by Ontario agents has been in the spotlight of late, with the province’s regulatory body overseeing broker conduct having recently introduced new educational requirements […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-05-2022
    Real Estate Related

  5. Canadas housing starts rose 8% in April compared the previous month

    Canadian housing starts rose in April CMHC Fergal McAlindenother The annual pace of new home construction in April surpassed analysts’ expectations The annual pace of new home construction in Canada was up 8% in April compared with the previous month, the country’s national housing agency has revealed.Canada Mortgage and Housing Corporation (CMHC) said the seasonally […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-05-2022
    Real Estate Related

  6. Canada’s housing market cooled off “pretty sharply” over the last 2 months

    National home sales, prices fall in April Fergal McAlindenother The news marks the latest stage in Canada’s housing market cooldownNational home sales and prices fell across Canada in April as the country’s housing market continued to cool following two years of record-breaking activity, according to the Canadian Real Estate Association (CREA).Home resales were down 12.6% […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-05-2022
    Real Estate Related

  7. National home sales drop in April, still the third-highest April sales figure

    Entering A Balanced Market Spells Relief for Many Buyers: CREA Patti Cosgareaother

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 15-05-2022
    Real Estate Related

  8. Sales dropped precipitously as housing market cooled off

    Canada’s average home price slides to $746,000, sales plummet amid rising rates Stephanie HughesThe Vancouver Sun Sales fell across 80% of local markets.  Home prices across Canada appear to be slipping under the weight of rising interest rates, with the nationwide average home price falling to $746,000 in April, down 6.3 per cent from March’s […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 15-05-2022
    Real Estate Related

  9. Canadian home sales dropped by 12.6% on a month-over-month basis in April

    Home sales drop in April as mortgage rates shoot higher CREA Staffother  Ottawa, ON, May 16, 2022 – Statistics  released today by the Canadian Real Estate Association (CREA) show national home sales were down in April 2022. Highlights: National home sales dropped by 12.6% on a month-over-month basis in April. Actual (not seasonally adjusted) monthly […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 15-05-2022
    Real Estate Related

  10. 1.47 acres commercial land in Edmonton sells for $4.2 million

    Edmonton 1.47-acre multi-family site trades at $4.2 million Re/Max Excellence CommercialWestern Investor The site in northwest Edmonton could be developed as mixed-use residential and retail, motel or multi-family property. Property type: Commercial land Location:10410 Allendale Road NW, Edmonton Land size in acres: 1.47 acres Zoning: DCI Sale price: $4.2 million Date of sale going firm: […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 13-05-2022
    Real Estate Related
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