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  1. 2 units of strata commercial in Vancouver sells in $3.34 Million

    Gastown Heritage street-front loft commercial sells for $3.34 million Western Investor StaffWestern Investor Two showpiece retail/office strata sites at Koret Lofts, East Cordova Street, Vancouver total 2,807 square feet. Corbel Commercial Inc., Vancouver, for Western Investor   Property type: Strata commercial Location: 57 and 63 East Cordova Street, Vancouver Property size: 2,807 square feet (total […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-09-2022
    Real Estate Related

  2. 3 commercial-industrial assembly sells for $12.6M located in 270 Waterloo Ave Penticton, BC

    Penticton 5.2-acre commercial-industrial assembly sells for $12.6M Western Investor StaffWestern Investor Three-lot assembly includes a 244-unit mini-storage facility, three additional commercial retail units totalling 12,500 square feet, plus additional secure vehicle storage. Re/Max Penticton Realty, Penticton, B.C., for Western Investor   Property type: Commercial-industrial Location: 270-290-360 Waterloo Ave Penticton, B.C. Number of properties: 3 Property […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-09-2022
    Real Estate Related

  3. 3 commercial-industrial assembly sells for $12.6M located in 270 Waterloo Ave Penticton, BC

    Penticton 5.2-acre commercial-industrial assembly sells for $12.6M Western Investor StaffWestern Investor

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-09-2022
    Real Estate Related

  4. Office building sells for $500,000 located in 340 Stafford Street, Winnipeg

    Winnipeg 1,600-square-foot office building sells for $500,000 Western Investor StaffWestern Investor The free-standing property sold to the occupier for medical use Shindico Realty Ltd., Winnipeg, for Western Investor Property type: Office building Location: 340 Stafford Street, Winnipeg, Manitoba Size of property: 1,600 square feet Number of units: 1 Sale price: $500,000 Sold to: Occupier Brokerage: […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-09-2022
    Real Estate Related

  5. A total of 2,681 home sales in August, representing a sharp 20% annual decrease

    Montreal housing market – continuous market slowdown underway Ephraim Vecinaother The region also saw its largest volume of listings year-to-date The Montreal housing market is showing signs of continuous slowdown, building on trends seen during the past few months, according to the Quebec Professional Association of Real Estate Brokers. The market saw a total of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-09-2022
    Real Estate Related

  6. Central bank’s move is its first three-quarter-basis-point jump of 2022

    Bank of Canada announces another big rate hike Fergal McAlindenother The central bank continues to take aggressive action on inflation  The Bank of Canada has increased its benchmark rate by 0.75%, marking a fifth consecutive hike in its latest effort to get surging price growth under control. The central bank’s move is its first three-quarter-basis-point […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-09-2022
    Real Estate Related

  7. Central banks move is its first threequarterbasispoint jump of 2022

    Bank of Canada announces another big rate hike Fergal McAlindenother

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-09-2022
    Real Estate Related

  8. Residential property sales in Metro Vancouver

    Metro Vancouvers housing market sees fewer home buyers and sellers in August REBGV StaffREBGV  Metro Vancouver’s housing market is experiencing a quieter summer season marked by reduced sale and listing activity. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,870 in August 2022, a 40.7 per cent […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-09-2022
    Real Estate Related

  9. Bank of Canada hikes interest rates by another 75 basis points

    Bank of Canada Announces Fifth but Not Final Interest Rate Increase for 2022 Patti Cosgareaother  The Bank of Canada (BoC) announced its fifth interest rate increase of the year, raising rates by another 75 basis points. This follows its July announcement where the Bank announced an interest rate hike of 1 percentage point, the largest […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-09-2022
    Real Estate Related

  10. Fed re-evaluate the stress test in light of a resurgence in housing market activity | TRREB

    Canada stress test – Real estate board says it’s the right time to re-examine it Ephraim Vecinaother Major markets are seeing stronger housing market activity recently The Toronto Regional Real Estate Board has called on the federal government to re-evaluate the stress test in light of a resurgence in housing market activity, seemingly undeterred by […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-09-2022
    Real Estate Related

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