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Real Estate News

B.C. home owners fight 'speculation' tax with petition

B.C. home owners fight 'speculation' tax with petition

Home owners from within and outside of B.C. are rapidly signing up to a petition that is aims to fight the provincial government’s recently announced speculation tax.
As San Francisco goes, so goeth Metro Vancouver?

As San Francisco goes, so goeth Metro Vancouver?

Almost 16,000 people left the U.S. tech hub because of affordability challenges, report says
RBC issues warning over foreign money in real estate

RBC issues warning over foreign money in real estate

Foreign money “distorting” the country’s biggest housing markets is bad for Canada, RBC’s CEO warned Tuesday.
'It looks like a hotel': ALR mega mansion found for rent on travel websites

'It looks like a hotel': ALR mega mansion found for rent on travel websites

One more mega home operating as a hotel on Richmond’s agricultural land is getting attention after a council meeting presentation last week. Operating on Steveston Highway near No.
Real estate industries made up fifth of Canada's GDP in 2017

Real estate industries made up fifth of Canada's GDP in 2017

Real estate, construction and related financial and insurance industries are together responsible for more than 20 per cent of Canada’s GDP in 2017, according to a quarterly report released by Statistics Canada March 2. Here in B.C.
Metro Vancouver detached home sales slump in February

Metro Vancouver detached home sales slump in February

In a month that usually starts picking up in terms of sales activity ahead of the spring market, detached home sales in Metro Vancouver saw a considerable slump in February, according to the latest statistics. Detached sales were down 39.
Province confirms rental buildings to be exempt from luxury house tax

Province confirms rental buildings to be exempt from luxury house tax

Properties with four or more rental units will be exempt from the new school tax announced in B.C. Budget 2018
Four in five British Columbians support new real estate taxes

Four in five British Columbians support new real estate taxes

More than 80 per cent of British Columbians agree that the new speculation tax and the expanded foreign buyer tax are “good” or “very good” moves by the NDP, according to a new poll.
Aboriginal people are gatekeepers for Lower Mainland real estate

Aboriginal people are gatekeepers for Lower Mainland real estate

Holding hundreds of acres of industrial and residential sites, First Nations are now key players in Metro Vancouver and Fraser Valley growth

‘Dual agency’ real estate rules booted to June

Industry concern cited while commercial agents call for separation from residential