Foreclosures continue to rise in GVR. Now they represent 1% of the total inventory. #vanRE

An update on two Thind Properties insolvency proceedings: Rennie has been replaced as the sales agent for the unsold units at both Highline Metrotown and Eclipse Brentwood. #vanRE https://t.co/AJb6Ae8LfK

Have we even tried adding more housing supply @ahvancouver? What are we even doing? #vanre #bcpoli

The VanRE market hit its bottom within five months of that post—the lowest point we’ve seen since. So, while you’re quick to troll other tweets to see how they hold up, you won’t have to wait to see that yours won't age well.

A tax on unsold inventory would kill residential development in Vancouver, pushing new home construction to any other city not named Vancouver. #vanre #vanpoli #bcpoli

September did finish with the lowest Sales to Active Listing Ratio of the year. #vanRE 1/

At the end of week 3, GVR still on track to end September with the lowest Sales to Active Listing ratio of the year. #vanRE

With four towers planned over an an entire city block, the first rezoning proposed under the Rupert & Renfrew Station Area Plan isn’t a small one. Included is a new privately owned public space, along with a daycare, strata, rental, & below-market homes. #Vancouver #VanRe #VanCre

#VanRE @joanneleeyoung @sandyjamesplan From 'dustbowls' to plastic pavers: How Vancouver wants to change the alleys. “It's about the permeability & redirection of heat from green lanes so they are cool, verdant and pleasant places," says @MikeKlassen.

There are many foreclosures happening in the #vanRE residential market as well. Here’s my story about 3138 W 51st Ave, a 2.5-acre property in Vancouver that recently sold for $13.6M via a court order. It’s the home of Thind Properies CEO Daljit Thind. https://t.co/OYJrcFhnM2

The failure of a concrete piling wall days before the cancellation of the Ardea strata building was announced can’t have been a coincidence. After all, when your construction site is flooded by the Fraser River, its budget is probably deep underwater too #Vancouver #VanRe

what an amazing development, human scaled. #vanre tried something like this with #arbutuswalk why don't we build this? #vanpoli #bcpoli

#VanRE ⁦@fumano⁩ This means in their late 50s — often the highest earning years of a person’s lifetime — with a multimillion-dollar income can defer the property taxes on a lavish mansion, invest the money they’ve saved, and turn a handsome profit.

Startlingly different calculations on unsold condos in Metro Vancouver: @CMHC_ca says 2.5k new condos are sitting empty. But @altusgroup says there are 13k unsold condo units. Need to get back to $700 to $900 a sqft, says industry. Via @SteveSaretsky substack. #vanre #vanpoli

#VanRE For the better part of 2 decades, any time Canadian economy hit a snag—global financial crisis, the Covid pandemic—its red-hot housing market would power it through. But as Canada grapples with trade war, may not be able to rely on housing this time

#VanRE CMHC estimated there will be 2,500 unsold condos in Metro Vancouver by the end of the year. The UDI believes that number is closer to 3,500. “The costs have escalated to a point that it costs more to build than what people can afford to buy.” https://t.co/1x59c8GIC7

With so much going on in #bcpoli there has been no talk about this Missing Middle Initiative article. Michael Geller joins me at 4 to break it down. The Coming Wave of 20,000 Job Losses in Vancouver’s Housing Sector #vanpoli #VanRE @missingmiddleca https://t.co/imtbl7A4dw

Having lost in the council of public opinion, the opponents of a 6 floor, 230 home rental building at Ash & W 28th Ave are taking their fight to the courts. While costly, judicial reviews are increasingly being used to slow, & halt growing density #Vancouver #VanRe #VanPoli

#VanRE ⁦@scoopercooper⁩ Fatima Qurban-Ali, 30-year-old Canadian sentenced recently in New Zealand for attempting to import nearly 10 kilograms of crystal methamphetamine on a flight from Vancouver—coerced at gunpoint by a transnational drug syndicate