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Real Estate News

Backlash builds over homeowner speculation-tax form

Backlash builds over homeowner speculation-tax form

The B.C. NDP is scrambling to respond to backlash over its surprise announcement that all homeowners in B.C.’s urban centres will be treated like speculators unless they fill out a tax exemption to declare otherwise.
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Not a speculator? Click here

Not a speculator? Click here

"Homeowners will file an annual tax declaration which will help tax administrators demonstrate whether owners need to pay the tax,” Finance Minister Carole James told the legislature last fall.
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Check out the epic roof terraces of this $2.98M penthouse (PHOTOS)

Check out the epic roof terraces of this $2.98M penthouse (PHOTOS)

Two levels of roof terraces include hot tub, kitchen, outdoor TV room, firepit and fireplace lounge
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Richmond senior shocked by massive condo assessment spike

Richmond senior shocked by massive condo assessment spike

Louise McManus doesn’t want to be punished with higher property taxes on the condo she’s lived in for 25 years.
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Burnaby’s advertised one-bed rental prices soar 9.8% year over year: report

Burnaby’s advertised one-bed rental prices soar 9.8% year over year: report

Median one-bed advertised rents in Burnaby now at $1,570, third-priciest in Canada, says PadMapper
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Mortgage stress test blamed for 25% drop in B.C. home sales

Despite significant sales activity slowdown, province's average full-year resale price in 2018 is no lower than 2017
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Opinion: When is the best time to buy in a down market?

Opinion: When is the best time to buy in a down market?

Many first-time buyers are taking a wait-and-see approach, in case home prices drop further - is that the best strategy?
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Richmond realtor fined $18k for professional misconduct

Richmond realtor fined $18k for professional misconduct

Morning Yu must also take remedial training.
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Faced with new taxes, more B.C. seniors are deferring their property taxes

Faced with new taxes, more B.C. seniors are deferring their property taxes

Two weeks ago, I wrote about the increased taxes many Vancouver residents will be paying as a result of the latest BC Assessments and new provincial taxes.
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Home prices holding firm in most Metro Vancouver areas, and for condos: report

Home prices holding firm in most Metro Vancouver areas, and for condos: report

Price growth has dramatically slowed across region, but still rose 2.1 per cent overall in fourth quarter, says Royal LePage
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