Real Estate News

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

Urban Development Institute argues budget doesn’t address real problem

Half-a-million dollars will get you a 450-square-foot condo in Burnaby, according to a recent real estate survey. The survey by real estate data firm Altus Group Ltd.

The BC HOME Partnership Program (HPP), which offers first-time buyers a loan to help with their down payment, has had relatively little impact on condo and townhome prices, according to the findings of a recent report by the BC Real Estate Associatio

One-third of Canadian baby-boomers – and more in Metro Vancouver – plan to give ‘living inheritances’ to their adult children specifically to help them buy real estate, a new survey has found.