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Real Estate News

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
Burnaby property tax increase lowest since last municipal election year

Burnaby property tax increase lowest since last municipal election year

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.
Editorial: Why new speculation tax is not a speculation tax

Editorial: Why new speculation tax is not a speculation tax

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.
Meet the Richmond man bent on tackling money laundering in real estate

Meet the Richmond man bent on tackling money laundering in real estate

Sasha Caldera works for Canadians for Tax Fairness, which wants to cast light on anonymous home ownership
Door shut on down payment loans for first-time buyers

Door shut on down payment loans for first-time buyers

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.
Tempted to sell your Metrotown condo? Don't be too hasty

Tempted to sell your Metrotown condo? Don't be too hasty

Expert recommends that Burnaby condo owners should hold off for a collective deal if they're approached by developers
NDP taking housing affordability seriously with budget, says business prof

NDP taking housing affordability seriously with budget, says business prof

Urban Development Institute argues budget doesn’t address real problem
$500,000 doesn’t go far in Burnaby’s new condo market, report finds

$500,000 doesn’t go far in Burnaby’s new condo market, report finds

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.