I'm pretty close to some of the developers and you can smell the desperation starting on condos. 15% deposit has crept up to 25% in some cases.
MLA Report - over 100,000 new units to come out in 2017. With over 30,000 ones in Burnaby coming out. Metrotown's over $900/ft and Brentwood's a bit crazy at near $850/ft. No one's assigning for less.
City of Lougheed (facepalm) got 22 more towers to sell. Going to be interesting...
LOL at Bob Rennie's $16M lawsuit vs. Shape
https://www.biv.com/article/2017/1/l...erties-owes-m/