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Real Estate News

Has Metro Vancouver's foreign buyer tax made homes more affordable?

Only five per cent of British Columbians think that taxing foreign buyers on real estate purchases has resulted in homes becoming more affordable, according to a survey released this week by real estate website Zoocasa.
B.C.'s commercial real estate sales smash records in 2017

B.C.'s commercial real estate sales smash records in 2017

British Columbia commercial real estate investment activity and dollar volume achieved record heights in 2017 with the disposition of 230 office, industrial and retail properties valued at $7.5 billion during the record-setting year.
Builder pursues apartment development in Powell River

Builder pursues apartment development in Powell River

More than 100 rental units part of proposed large-scale complex
Will growing, smoking pot under new laws reduce value of your home?

Will growing, smoking pot under new laws reduce value of your home?

With 4/20 just a few days away, close to half of the respondents to a new national survey said that they would be put off buying a home if even a legal amount of pot had been grown there, under the upcoming new marijuana legislation.
New laws give more protection to tenants facing renovictions

New laws give more protection to tenants facing renovictions

A Victoria tenants advocacy group says changes to B.C.’s tenancy laws introduced in the legislature April 12 will give more rights to renters facing renovictions.
BC home prices predicted to keep climbing as seller’s market persists

BC home prices predicted to keep climbing as seller’s market persists

The number of homes for sale across the province are at or near a 12-year low, pushing prices ever upwards, according to the B.C. Real Estate Association’s monthly statistical report released April 12.
BC government forms Rental Housing Task Force

BC government forms Rental Housing Task Force

Vancouver-West End MLA Spencer Chandra Herbert will head up a new Rental Housing Task Force. Premier John Horgan made the announcement April 10.
BC-wide coalition launches ‘Scrap the Speculation Tax’ campaign

BC-wide coalition launches ‘Scrap the Speculation Tax’ campaign

It started with a “Stop the Speculation Tax” petition that was launched last month by disgruntled home owners opposing the province's proposed annual tax on underused second homes in areas across B.C.
Top 5 priciest homes for sale in the Lower Mainland

Top 5 priciest homes for sale in the Lower Mainland

Now that a huge North Vancouver estate, listed for a record $36.
Region’s home prices still creeping up despite market jitters

Region’s home prices still creeping up despite market jitters

March is often the hottest month of the year – at least in terms of real estate sales. But compared with March activity of the past few years, last month was a bit of a wet blanket.