Skip to content

Real Estate News

West Van calls to scrap added school tax

West Van calls to scrap added school tax

District of West Vancouver council is formally asking the province to scrap the additional school tax on homes assessed above $3 million and to curtail the speculation and vacancy tax. The school tax, which adds an additional 0.
Read more >
Activists demand Burnaby mayor remove 'enemy' developers from housing task force

Activists demand Burnaby mayor remove 'enemy' developers from housing task force

Mike Hurley's new task force includes three developers
Read more >
Metro Vancouver housing affordability still deteriorating: National Bank

Metro Vancouver housing affordability still deteriorating: National Bank

Despite market slowdown and even in detached sector, ownership cost vs income is getting worse, finds nationwide study
Read more >
Mayor Mike Hurley putting developers before renters on housing task force, activists say

Mayor Mike Hurley putting developers before renters on housing task force, activists say

Stop Demovictions Burnaby to hold press conference ahead of council meeting tonight
Read more >
Sprawling, resort-style estate relisted for $16.78 million (PHOTOS)

Sprawling, resort-style estate relisted for $16.78 million (PHOTOS)

Massive 19-acre property in Richmond back on market for only $20K below previous price, despite not selling in 2018
Read more >
Why is Belcarra not excluded from the speculation tax? mayor asks MLA

Why is Belcarra not excluded from the speculation tax? mayor asks MLA

Neil Belenkie says he's hearing from a wave of village residents who may be forced to rent out or sell because of the new provincial tax.
Read more >

Feds’ mortgage policies ‘deny homeownership’ to young Canadians: report

Measures such as mortgage stress test are “at cross purposes” with federal promises to support the middle class, asserts Mortgage Professionals of Canada
Read more >
Multi-family rental market booms as demand chases short supply

Multi-family rental market booms as demand chases short supply

Nearly $3 billion of Metro Vancouver purpose-built rental properties exchanged hands last year, finds report
Read more >
Opinion: Speculation and vacancy tax cumbersome but welcome

Opinion: Speculation and vacancy tax cumbersome but welcome

Homeowners across Metro Vancouver will soon be getting notices saying they have to register with the province as resident homeowners or qualify for an exemption or face paying B.C.’s new (and newly named) speculation and vacancy tax.
Read more >

Vancouver rents to become ‘bubbly’ and rise 7% in 2019: forecast

Councillor Jean Swanson says rents will keep rising unless vacancy control and rent freezes are implemented
Read more >