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Real Estate

Real estate association economist doubts B.C.'s flipping tax is worth the trouble

Real estate association economist doubts B.C.'s flipping tax is worth the trouble

Brendon Ogmundson, chief economist of the British Columbia Real Estate Association, says the tax could end up reducing the overall number of homes on the market while only applying to a small number of properties.
B.C.’s aggressive push to clear roadblocks for housing is still meeting ... roadblocks

B.C.’s aggressive push to clear roadblocks for housing is still meeting ... roadblocks

Projects have spent years hung up in approval processes in some cities. Some have been snarled by complications with meeting the affordability rules of different funding agencies
Longtime North Shore housing advocate stepping down

Longtime North Shore housing advocate stepping down

Don Peters has been front and centre in the push for more affordable housing for 16 years
Should homebuyers wait for bigger rate drops or jump back into the market now?

Should homebuyers wait for bigger rate drops or jump back into the market now?

As some economists believe prices and competition will heat up as borrowing becomes less expensive, the dilemma for those who could afford to purchase a home at current rates is whether to prioritize prices or rates
Some B.C. tenants see threat in push for density

Some B.C. tenants see threat in push for density

For the past few months, there’s been a battle under way between the nine residents of an apartment building in Vancouver and the new landlord, who has plans to convert their building into four strata units.
Burnaby mayor questions if new $55M theatre redevelopment a priority

Burnaby mayor questions if new $55M theatre redevelopment a priority

Mayor Mike Hurley wonders if the city should slow down before proceeding on redeveloping the James Cowan Theatre at the Shadbolt Centre for the Arts.
Budget 2024: B.C. predicts home sales, prices will rise this year

Budget 2024: B.C. predicts home sales, prices will rise this year

Housing starts are expected to fall this year as the development and construction industries battle higher interest rates and costs to build
Budget 2024: B.C. introduces new home-flipping tax

Budget 2024: B.C. introduces new home-flipping tax

Tax measures and funding to BC Builds are the main focus for housing in this year's provincial budget.
Beedie clears legal hurdle in Kingsgate Mall lease dispute with school board

Beedie clears legal hurdle in Kingsgate Mall lease dispute with school board

Ryan Beedie: "All we've asked for is to have our day in court because it's a very significant issue for us."
BC United's new housing plan is 'small ball,' says UBC researcher

BC United's new housing plan is 'small ball,' says UBC researcher

Kevin Falcon aims to tackle taxes and fees that add 'massive costs' to homebuyers and introduce a rent-to-own program.