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How real estate markets across Canada have become as heated as Toronto and Vancouver - Vimarsana News

How real estate markets across Canada have become as heated as Toronto and Vancouver

(Photograph by Kathleen Fisher) Nowhere to buy Soaring home prices, insane bidding wars and cancelled dreams have spread from urban centres into towns across Canada. How did everywhere become Toronto and Vancouver? May 17, 2021 It would keep happening, even though Louise Haehnel knew resisting her tendency to daydream would prevent more heartbreak. She and her husband, James, would view a house listed in Oshawa, Ont., or further afield. And she’d begin to imagine: the sofa here, the pictures there; six-year-old Aubree taking this bedroom and four-year-old Ava getting that one, instead of th...

The Housing Story Is Far From Over - Vimarsana News

The Housing Story Is Far From Over

May 4, 2021 | The Housing Story Is Far From Over Steve Saretsky Steve Saretsky is a Vancouver residential Realtor and author behind one of Vancouver’s most popular real estate blogs, Vancity Condo Guide. Steve is widely considered a thought leader in the industry with regular appearances on BNN, CBC, CKNW, CTV and as a contributor to BC Business Magazine. Steve provides advisory services to banks, hedge funds, developers, and various types of investors. The Real Estate Board of Greater Vancouver is expected to release April’s housing data today. Brace yourself for some eye-popping media ...

Escalation clauses can raise the stakes in an already frenzied real estate bidding process - Vimarsana News

Escalation clauses can raise the stakes in an already frenzied real estate bidding process

Just $1.99per week for the first 24weeks Just $1.99per week for the first 24weeks var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}fu...

Douglas Todd: Ottawa falls flat while BC house prices take to the sky - Vimarsana News

Douglas Todd: Ottawa falls flat while BC house prices take to the sky

Article content The only housing mention that caused any buzz in this week’s federal budget was Finance Minister Chrystia Freeland’s promise to bring in a tax on foreign-owned property. The pledge gave Freeland a chance to get off one of her more quotable, more populist lines: “The idea here is that homes are for Canadians to live in,” she said. “They are not assets for parking offshore money.” We apologize, but this video has failed to load. Try refreshing your browser, or Douglas Todd: Ottawa falls flat while B.C. house prices take to the sky Back to video

Douglas Todd: Ottawa's tax on foreign-owned property falls flat while B.C. house prices soar - Vimarsana News

Douglas Todd: Ottawa's tax on foreign-owned property falls flat while B.C. house prices soar

Article content The only housing mention that caused any buzz in this week’s federal budget was Finance Minister Chrystia Freeland’s promise to bring in a tax on foreign-owned property. The pledge gave Freeland a chance to get off one of her more quotable, more populist lines: “The idea here is that homes are for Canadians to live in,” she said. “They are not assets for parking offshore money.” We apologize, but this video has failed to load. Try refreshing your browser, or Douglas Todd: Ottawa’s tax on foreign-owned property falls flat while B.C. house pri...