Prices drop, developers offer incentives as Vancouver condo market cools off

  • 📰 VancouverSun
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 61%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

How things have changed: One developer is offering a $100,000 bonus to encourage presale buyers to complete their contracts.

When the Vancouver real-estate market was hot, presale condo buyers lined up overnight to snap up units at new projects and many people could profit by selling their contract on to another buyer.

The seller seems willing to lose hundreds of thousands of dollars — considering the transfer fee, realtor commissions and any negotiations with a buyer — to avoid having to complete the purchase of the condo, said Sutton Group West Coast agent Ian Watt. Recently, Westbank Corp. notified over 30 presale buyers at its Vancouver House project in downtown Vancouver, which is to be completed this summer, that they would not be allowed to assign their units to new buyers, and asked them to remove their listings from the MLS.

The unit was recently listed for assignment at $11.888 million and then reduced to $10.888 million, before Westbank said it would no longer allow assignments, meaning the original buyer must finalize the deal with the developer for $4.25 million.

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 49. in TH
 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

Developers hustle to avoid empty home tax.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Six months after legalization, high prices and supply issues boost illicit pot marketOn 4-20, the first annual celebration of cannabis culture post-legalization, many pot enthusiasts are still smoking joints they did not buy through legal channels. Don't get greedy Holy crap do we give a lot of press to pot. Leave it to the government to step in and screw everything up...!’
แหล่ง: CTVNews - 🏆 1. / 99 อ่านเพิ่มเติม »

How Canada's High House Prices Are Harming The Job MarketHigh rents and house prices are trapping people in their homes, and that's bad news for employers and employees alike.
แหล่ง: HuffPostCanada - 🏆 61. / 53 อ่านเพิ่มเติม »