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  1. The aggregate price of a Canadian residential unit drop 1% by Q4 2023

    How much are Canada home prices likely to drop next year? Ephraim VecinaCMP

    By Les Twarog Vancouver Real Estate and Condo Blog
    14-12-2022
    Real Estate Related

  2. BoC’s final announcement of 2022 is a welcome one that presents “stability and clarity” for the national housing market

    BoC’s latest statement a positive one for housing market, says CEO Fergal McAlindenCMP Could the central bank be nearing an end to its series of rate jumps? The Bank of Canada’s final announcement of 2022 is a welcome one that presents “stability and clarity” for the national housing market after months of uncertainty, according to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    14-12-2022
    Real Estate Related

  3. Calgary’s multi-family rental market is firing on all cylinders coming into 2023

    Calgary’s rental market soaring into a record year Frank O’BrienWestern Investor Average rents are hitting $2.57 per square foot, the highest recorded rent per square foot in the last five years, while per-door sale prices are about half that of Vancouver Bosa’s new Arris luxury tower in Calgary, which was converted mid-stream from condos to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-12-2022
    Real Estate Related

  4. 10-storey medical office next to the under-construction new St. Paul’s Hospital in Vancouver’s False Creek Flats

    False Creek Flats leads Vancouver CRE development into 2023 Frank O’BrienWestern Investor New $2.1 billion hospital, office and industrial buildings anchor 450-acre site in East Vancouver When Keltic Canada Developments Ltd. laid out plans last year for a new 10-storey medical office next to the under-construction new St. Paul’s Hospital in Vancouver’s False Creek Flats, it […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-12-2022
    Real Estate Related

  5. Taxes, Rental Rates, LOTR, Flipping Tax in BC for 2 years taxed as bus income

    Opinion: Housing is a struggle and governments about to make it worse Frank O’BrienWestern Investor Download Document

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-12-2022
    Real Estate Related

  6. Despite headwinds, rental investments appear solid into 2023

    Opinion: Housing is a struggle and governments about to make it worse Frank O’BrienWestern Investor Four new rules – including one now in effect in B.C. – will be costly, complicated and do nothing to alleviate the low supply or high price of housing in Canada | Dominion Lending Centre Despite headwinds, rental investments appear […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-12-2022
    Real Estate Related

  7. 6.5 acres development site in Surrey sells for $170 Million

    6.5-acre land assembly in Central Surrey sells for $170 million Western Investor StaffWestern Investor The development site of older rental buildings is destined for approximately 2,000 homes in five new condominium towers, some as high as 44 storeys. Sutton Group West Coast Realty, Vancouver, for Western Investor   Property type: Development land assembly Location: 13315 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-12-2022
    Real Estate Related

  8. Close to 90% of Canadians will visit shopping malls in December | JLL Canada

    Brick-and-mortar retail holds the course as consumers cut spending Peter MithamWestern Investor Space constraints ensure Metro Vancouver mall resilience Shoppers have returned to Metro Vancouver’s malls, but inflation means they’re set to spend less.Rob Kruyt/Business in Vancouver Consumers are back in force at malls, but many are spending less as cost-of-living pressures bite. Close to […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-12-2022
    Real Estate Related

  9. 1.8 acres development land in Burnaby sells for $145 Million

    Burnaby Metrotown 1.8-acre land assembly sells for $145 million Western Investor StaffWestern Investor The 80,000-square-foot, two-lot assembly eyed for high-density mixed-use development Sutton Group West Coast Realty, Vancouver, for Western Investor   Property type: Development land assembly Location: 4444 and 4488 Kingsway Avenue, Burnaby, B.C. Number of sites: 2 Land size: 80,000 square feet (total) Land […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    02-12-2022
    Real Estate Related

  10. November housing sales and price data continue downward spiral seen over the past seven months

    Vancouver home buyers settle into the driver’s seat Frank O’BrienWestern Investor   November sale and price data remains dismal, but Metro Vancouver housing market could be ripe for buyers right now, analysts say Buyers should take advantage of “stuck” Metro market, some say. | Chung Chow November housing sales and price data continued a downward […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    01-12-2022
    Real Estate Related

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