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Real Estate News

Feds’ mortgage policies ‘deny homeownership’ to young Canadians: report

Measures such as mortgage stress test are “at cross purposes” with federal promises to support the middle class, asserts Mortgage Professionals of Canada
Jagmeet Singh promises 500,000 affordable homes over 10 years

Jagmeet Singh promises 500,000 affordable homes over 10 years

Burnaby South byelection candidate says housing is the top issue
Vancouver now ranked ‘second-least affordable’ global housing market

Vancouver now ranked ‘second-least affordable’ global housing market

Sydney moves down to third place in Demographia rankings as Australian home prices drop; Hong Kong remains least affordable
Metro Vancouver residential price decline will bottom in 2019, then reverse: forecasters

Metro Vancouver residential price decline will bottom in 2019, then reverse: forecasters

Panel of developers predict housing trends for coming year with cautious optimism; one says single-family price correction was “necessary”
All property owners in Speculation and Vacancy Tax regions must complete declaration

All property owners in Speculation and Vacancy Tax regions must complete declaration

Every homeowner in affected areas will get declaration letters between January 18 and February 28, and must apply for exemption or pay up
All homeowners in Speculation and Vacancy Tax regions must complete declaration

All homeowners in Speculation and Vacancy Tax regions must complete declaration

Every homeowner in affected areas will get declaration letters between January 18 and February 28, and must apply for exemption or pay up
Backlash builds over homeowner speculation-tax form

Backlash builds over homeowner speculation-tax form

The B.C. NDP is scrambling to respond to backlash over its surprise announcement that all homeowners in B.C.’s urban centres will be treated like speculators unless they fill out a tax exemption to declare otherwise.

Mortgage stress test blamed for 25% drop in B.C. home sales

Despite significant sales activity slowdown, province's average full-year resale price in 2018 is no lower than 2017
Faced with new taxes, more B.C. seniors are deferring their property taxes

Faced with new taxes, more B.C. seniors are deferring their property taxes

Two weeks ago, I wrote about the increased taxes many Vancouver residents will be paying as a result of the latest BC Assessments and new provincial taxes.
Home prices holding firm in most Metro Vancouver areas, and for condos: report

Home prices holding firm in most Metro Vancouver areas, and for condos: report

Price growth has dramatically slowed across region, but still rose 2.1 per cent overall in fourth quarter, says Royal LePage