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  1. The perfect excuse to maintain that staycation state of mind

    Staycation state of mind at the Douglas Andrew McCredieThe Province West Coast vibes are in the nature of this downtown hotel with hip lounge, classic steakhouseSeptember is one of the best months here on the southwest coast of B.C., with warm days, cool nights and fewer tourists in the downtown core. In other words, the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    10-09-2022
    Real Estate Related

  2. BoC to “stop sugar coating things” and admit that we’re at elevated risk for a recession

    Canada’s recession risk running too high, says Desjardins economist Ephraim Vecinaother Rate jumps point to the bank’s awareness of the need to pull inflation back to sub-3% levels With its latest outsized rate hike, the Bank of Canada must “stop sugar-coating things” and respond accordingly to Canada’s higher risk of recession compared to other developed […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-09-2022
    Real Estate Related

  3. Canadian banks increase prime lending rates by 75 basis points to 5.45 percent

    Canadian banks raise prime rates after Bank of Canada hike Denise Paglinawanother Canada’s six big banks have all raised their prime rates after the Bank of Canada hiked its key rate to 3.25 per cent Wednesday. Photo by REUTERS/Mark Blinch/File Photo Major Canadian banks have increased their prime lending rates by 75 basis points to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-09-2022
    Real Estate Related

  4. Canadian banks increase prime lending rates by 75 basis points to 5.45 percent

    Canadian banks raise prime rates after Bank of Canada hike Denise Paglinawanother

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-09-2022
    Real Estate Related

  5. 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

  6. 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

  7. 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

  8. 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

  9. 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

  10. 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

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