Real Estate News

What it costs to rent a one-bedroom suite in Burnaby dropped a bit in March, according to the Canadian Rent Report.

Under changes to the proposed speculation tax, B.C. residents will now only have to pay 0.5 per cent a year on second homes valued at $400,000 or above, finance minister Carole James announced in a media conference March 26. The tax will apply to B.

Since the houses were set to be demolished, buyers had to pay for the moving process only

The B.C. NDP government is responding to the backlash from B.C. home owners against the speculation tax, and will have an update on its details within days, Premier John Horgan announced March 21.

After years of Metro Vancouver leading the country in terms of soaring detached home sales, the recent softening of that market has paved the way for a boom in Montréal, according to a report published March 21.

Canada is a hugely diverse country – and so are its real estate markets. The Lower Mainland and Greater Toronto are notoriously expensive, while some areas are still extremely affordable – even if you’re on a single-person income.

Having a lodger living in the spare bedroom is a phenomenon that I am very familiar with, having grown up in the U.K. where such arrangements are common.

The City of Richmond last week passed the 2017-2027 Affordable Housing Strategy at a city council meeting. The city has set a target of an additional 50 low-rent units per year, and the annual collection of $1.

If you dream of owning a spacious detached home on a large lot, it can be yours for a fraction of the cost of those in Metro Vancouver and the capital region, according to a new report by the B.C. Northern Real Estate Board.

A massive redevelopment proposal in Burquitlam that is expected to provide homes for 6,000 people does not include enough subsidized and below-market rental residential units, according to a prominent Tri-City housing advocate.