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  1. REBGV latest data showed a total of 3,232 sales last April

    How is activity in the Greater Vancouver region shaping up? Ephraim Vecina other Housing industry association reveals the latest in the market Home sales in Greater Vancouver returned to more “historically typical” levels in April, according to the region’s housing industry association. The latest data from the Real Estate Board of Greater Vancouver showed that […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-05-2022
    Real Estate Related

  2. Housing Market total sales in April fallen to 27% compared to March

    Toronto home sales plummet 27% in April Fergal McAlindenother The city’s home price index also posted its first monthly decline since 2020 Sales in Toronto’s housing market dropped 27% in April compared with the previous month and posted a 41% year-over-year decline over the same time last year, according to the Toronto Regional Real Estate […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-05-2022
    Real Estate Related

  3. A developer paid $10.6M for one of the last big empty land parcels in Port Coquitlam

    Strata industrial planned as Port Coquitlam site sells for $10.65 million Diane StrandbergWestern Investor A five-acre property in the Dominion Triangle area of Port Coquitlam will be developed with small-bay warehouse units.  At more than $2 million per acre, this Port Coquitlam property (590 Dominion Ave.) is slated for light industrial.Lee and Associates More warehouses […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-05-2022
    Real Estate Related

  4. Metro Vancouver home sales ease down from the record-breaking pace of the last year | Daniel John

    Metro Vancouver home sales plunge 34 per cent from last year Western Investor StaffWestern Investor  April sales also down 25.6 per cent from March as month-over-month prices increases stall at a lofty high House on East 40 Street, Vancouver, listed May 3 at $2.19 million, a price close to Metro’s new benchmark detached house price […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-05-2022
    Real Estate Related

  5. Saskatchewan to raise minimum wage to $13 per hour in October, $15 by 2024

    Saskatchewan minimum wage set to soar this fall Western Investor StaffWestern Investor Saskatchewan’s minimum wage will rise 10 per cent to $13 per hour on Oct. 1.  Saskatchewan’s Labour Relations and Workplace Safety Minister Don Morgan announced a hike to the province’s minimum wage, effective Oct. 1.Photo by Larissa Kurz/SASKTODAY.ca Saskatchewan minimum wage-earners are getting […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-05-2022
    Real Estate Related

  6. GTA based on average composite home price index.

    Great News for Buyers – Home Prices are Dropping in the GTA: TRREB Patti Cosgareaother Following the Bank of Canada’s interest rate increase, we are finally seeing the red hot Toronto market begin to cool down, making way for buyers who have been wary of entering the competitive market.  Some cities are leading the way […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-05-2022
    Real Estate Related

  7. Vancouver small business owners difficulty in coming back to it’s spotlight

    Optical store’s struggles bring Vancouver small-business challenges into focus Glen Korstom Western Investor Vandalism, red tape, inflation, online competition among hurdles facing local entrepreneurs Vandals have broken windows at Azra Kamrudin and Anar Mawji’s Abasa Optical store four times since early 2020. That is more than in any comparable time in the 32 years since […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-05-2022
    Real Estate Related

  8. 41-suite three-storey apartment building located in 3940 Pender Street, Burnaby

    50-year-old Burnaby apartment snapped up after owner slashes price by $1.25M Chris Campbella Western Investor Older real estate in Burnaby is seeing strong interest from buyers. Seton Place is a 41-suite three-storey apartment building located in the heart of the established Burnaby Heights neighbourhood at 3940 Pender St.Goodman Commercial A run on old apartment buildings […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-05-2022
    Real Estate Related

  9. Metro Vancouver home prices remained steady, despite the slowdown in sales in April

    Metro Vancouver home sales fell in April, said real estate board Cheryl ChanThe Vancouver Sun The slowdown comes after the Bank of Canada increased interest rates in a bid to tamp down inflation.  Despite the slowdown in sales in April, residential home prices remained steady. Photo by REUTERS/Carlo Allegri/File Photo Greater Vancouver’s housing market appears […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-05-2022
    Real Estate Related

  10. Vancouver city council to decide whether to increase empty homes tax to five per cent

    Owners of empty homes will pay more in Vancouver Kendra Mangioneother It will soon cost more to be the owner of an empty residential property in Vancouver, as a motion for another tax hike is approved. The city’s Empty Homes Tax – charged to owners who don’t live in or rent out their properties – […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    29-04-2022
    Real Estate Related

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