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Real Estate News

Greens agree ‘compromise’ with NDP on speculation tax changes

Greens agree ‘compromise’ with NDP on speculation tax changes

In exchange for Green Party’s backing, NDP agrees to three key amendments to tabled legislation, including reduced tax rate for out-of-province Canadians

Most first-time buyers stretching to the max on home purchase

Affordability is biggest concern, but consumer confidence in real estate remains high, finds survey
Metro Vancouver detached home prices will soar after three-year slump: analyst

Metro Vancouver detached home prices will soar after three-year slump: analyst

Region's current housing slump will last until 2021, but will be followed by dramatic doubling in single-family prices, predicts analyst
Opinion: Mayors miffed as B.C. sticks with housing speculation tax

Opinion: Mayors miffed as B.C. sticks with housing speculation tax

Finance Minister Carole James would be on firmer ground with the first-of-its-kind speculation tax she introduced Tuesday if more of the mayors directly affected supported it.
Will new cannabis laws affect your home’s value?

Will new cannabis laws affect your home’s value?

Sentiment on smoking and cultivating marijuana at home still largely negative, finds survey
UPDATED: B.C. launches speculation and vacancy tax, with new name following criticism

UPDATED: B.C. launches speculation and vacancy tax, with new name following criticism

The newly titled "speculation and vacancy tax" will apply to owners of second homes in applicable areas of B.C., as of December 31
Which hot trends will affect the real estate market in 2019?

Which hot trends will affect the real estate market in 2019?

Social needs, blurring of live-work boundaries, disruptive tech and short-term rentals among factors influencing how we buy and build homes
Opinion: Taxing housing demand could hit supply

Opinion: Taxing housing demand could hit supply

"Happy 31st anniversary, property transfer tax! We still hate you”
B.C. real estate forecast still bullish, despite dismal September home sales

B.C. real estate forecast still bullish, despite dismal September home sales

BCREA reports that home sales plummeted across province last month, but says activity is levelling off on a seasonal basis and is expected to recover
Opinion: Why falling prices won’t make buying a home more affordable

Opinion: Why falling prices won’t make buying a home more affordable

Don’t get too excited by the prospect of a market correction, would-be buyers – although it may help a select few