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Real Estate News

B.C. money-laundering estimates may be wildly off the mark, admits report author

B.C. money-laundering estimates may be wildly off the mark, admits report author

Chair of Expert Panel on Money Laundering in Real Estate tells SFU audience that the panel was unable to “estimate the inestimable”
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Opinion: Will the First-Time Home Buyer Incentive really help you buy a home?

Opinion: Will the First-Time Home Buyer Incentive really help you buy a home?

The First-Time Home Buyer Incentive promises to help first-timers onto the homeownership ladder, but will it actually work?
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Home prices and sales across province to recover in 2020: forecast

Home prices and sales across province to recover in 2020: forecast

Average sale price decline seen in 2019 will flatten or even reverse in some areas next year, predicts B.C. Real Estate Association
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B.C. home sales see slight uptick in May, still down year over year: BCREA

B.C. home sales see slight uptick in May, still down year over year: BCREA

Average home price is 4.3 per cent lower than one year ago; annual price decline is flattening out
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First-Time Home Buyer Incentive to launch in September: CMHC

First-Time Home Buyer Incentive to launch in September: CMHC

Federal government also launching alternative shared-equity mortgage funding scheme
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Average B.C. home costs three times more than Millennials can afford: study

Average B.C. home costs three times more than Millennials can afford: study

A 25-34-year-old on a typical salary can only afford $250K home, based on current interest rates, says Generation Squeeze
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Average B.C. home costs three times more than Millennials can afford: study

Average B.C. home costs three times more than Millennials can afford: study

A 25-34-year-old on a typical salary can only afford $250K home, based on current interest rates, says Generation Squeeze
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Average Victoria home costs well over double what Millennials can afford: study

Average Victoria home costs well over double what Millennials can afford: study

A 25-34-year-old on a typical salary can only afford a home under $300K, based on current interest rates, says Generation Squeeze
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B.C. immigrants own fewer, but much pricier, homes than locals: StatsCan

B.C. immigrants own fewer, but much pricier, homes than locals: StatsCan

Homeownership relatively lower among B.C. immigrants than Canadian-born residents, but immigrants’ average assessed home value is more than 50 per cent higher, says statistics agency
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Canada’s priciest condo is relisted again with no price drop (PHOTOS)

Canada’s priciest condo is relisted again with no price drop (PHOTOS)

Two-storey penthouse atop Fairmont Pacific Rim in Vancouver’s Coal Harbour relisted on June 7 at $29.9 million, was originally listed in January 2018 for $38 million
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