Real Estate News

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.

Properties with four or more rental units will be exempt from the new school tax announced in B.C. Budget 2018

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.

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

Industry concern cited while commercial agents call for separation from residential

Property taxes in Burnaby in 2018 will rise by 1.5 per cent. That’s about half the average increase of the last three years and half what the hike is anticipated to be in each of the next four years.

Those of us who keep a close eye on the B.C. real estate industry and housing policy were widely anticipating a speculation tax to be introduced in last week’s B.C. Budget, as it had been heavily hinted at by the NDP in advance of the announcement.

Sasha Caldera works for Canadians for Tax Fairness, which wants to cast light on anonymous home ownership

A short-lived and little-used loan program for first-time homebuyers in B.C. is coming to an end. Applications under the B.C. Home Owner Mortgage and Equity Partnership will be accepted until the end of March.

Expert recommends that Burnaby condo owners should hold off for a collective deal if they're approached by developers