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  1. Vancouver, Squamish Nation sign deal to ensure services for Kitsilano project

    Squamish Nation signs MOU service deal with Vancouver for 11-tower Senakw development Nick LabaWestern Investor The service agreement, designed to provide utilities from the city to the First Nation development, will sit in escrow until details are finalized.With the traditional, unceded territory of the Sḵwx̱wú7mesh Úxwumixw (Squamish Nation) as a backdrop, the First Nation signed […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-05-2022
    Real Estate Related

  2. Parkland to spend $600 million to upgrade Burnaby refinery

    B.C. funds giant bio-diesel project at Burnaby refinery Sean PrattWestern Investor Two-plant refinery could generate 720 million litres of low-carbon gasoline and diesel fuel each year by 2026  Parkland Corporation has received a commitment from B.C. to cover more than 40 percent of the cost of its proposed $600 million renewable fuels investment at its […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-05-2022
    Real Estate Related

  3. B.C. implement a “modest” termination fee of 0.1 to 0.5% home price to be paid by buyers

    3-day ‘cooling off’ period, transparent bidding recommended to transform B.C. real estate sector The Canadian PressCBC Radio  The B.C. government introduced amendments to property legislation in March and Finance Minister Selina Robinson tasked the independent regulator with consulting the real estate industry stakeholders on setting parameters for a cooling-off period. (Jonathan Hayward/Canadian Press) The regulator […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-05-2022
    Real Estate Related

  4. Canadian home prices fall 6% in April, down for 2nd month in a row

    Canada house prices: How far could they fall? Fergal McAlindenother Sales and price growth have slowed in the housing market in recent weeksIt’s no secret that Canada is currently in the throes of a housing market cooldown, with the pace of home sales falling in April and national house prices also on the way down.New […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-05-2022
    Real Estate Related

  5. Province to purchase $53.5M worth of Laurentian U. assets

    Provincial government offers to buy $53.5 M of Laurentian University real estate CBC StaffCBC Radio  Laurentian University says the provincial government has offered to purchase $53.5 million worth of its real estate to help the troubled school settle with its creditors. (Erik White/CBC) Laurentian University is receiving more financial help from the Ontario government. In […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-05-2022
    Real Estate Related

  6. 16 real estate terms you should know before you buy

    Top Real Estate Terms You Need to Know Daniel Crookother  Buying a home can be a challenging prospect, particularly for people looking to get into the market for the first time. There is a lot to be aware of throughout the process, so we have put together a convenient list of the top real estate […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-05-2022
    Real Estate Related

  7. 16 real estate terms you should know before you buy

    Top Real Estate Terms You Need to Know Daniel Crookother

    By Les Twarog Vancouver Real Estate and Condo Blog
    25-05-2022
    Real Estate Related

  8. CREA home sales decreased by 12.6% across Canada between March and April 2022

    A Canada housing crash? Don’t count on it, says RBC economist Fergal McAlindenother “This is more likely to be a soft landing than a severe correction or some kind of crash or meltdown” Homebuying activity in Canada is slowing from its frenzied pace of the past two years – but the prospect of a housing […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-05-2022
    Real Estate Related

  9. Alternative mortgage lending on rise, say brokers

    Interest in mortgages from credit unions, private lenders up as rates rise: Brokers Tara DeschampsCBC Radio  A for sale sign is seen in front of a Montreal home, Tuesday, March 17, 2015. The Bank of Montreal is cutting its posted five-year fixed mortgage rate, a move that experts say could spur other banks to slash […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    24-05-2022
    Real Estate Related

  10. Vancouver votes to change building codes to tackle climate crisis

    Vancouver makes significant changes to building bylaws to address climate crisis Tiffany CrawfordThe Vancouver Sun Among the changes are that all new multi-family buildings will require cooling systems by 2025 and air filtration to protect residents from intense heat waves and fire smoke pollution. Vancouver council has voted to make significant changes to building bylaws […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    20-05-2022
    Real Estate Related

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