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Real Estate News

Province expecting $400M hole in Property Transfer Tax revenues

Province expecting $400M hole in Property Transfer Tax revenues

Housing market slowdown has slashed B.C. government’s projected income from purchase taxes, including foreign buyer tax revenues
‘Non-individuals’ own 10% of B.C. residential property: CMHC

‘Non-individuals’ own 10% of B.C. residential property: CMHC

Proportion of residential property owned by corporations, governments and partnerships is much lower in Metro Vancouver and Victoria, much higher for vacant land
Opinion: The prefab homes of the past are now the future

Opinion: The prefab homes of the past are now the future

Modular housing is now being used in B.C. for workforce and homeless housing projects, but why not much-needed regular homes?
Federal Finance Minister keeping a close eye on housing affordability

Federal Finance Minister keeping a close eye on housing affordability

Bill Morneau says getting people into affordable homeownership is top of mind, and that Liberal Party won't compromise stability of the market
Ski resort near Squamish five years away 'if everything falls into place'

Ski resort near Squamish five years away 'if everything falls into place'

Development group Garibaldi At Squamish presents latest draft for four-season ski resort near Garibaldi Lake, 20km from Squamish, to local residents
Squamish-Lillooet district still grappling with short-term rentals

Squamish-Lillooet district still grappling with short-term rentals

Regional district board members divided over right level of regulation and whether it should be enforced based on complaints
Squamish-Lillooet district still grappling with short-term rentals

Squamish-Lillooet district still grappling with short-term rentals

Regional district board members divided over right level of regulation and whether it should be enforced based on complaints
Opinion: B.C. Assessment process unfair to homeowners, small business

Opinion: B.C. Assessment process unfair to homeowners, small business

B.C.'s municipalities are badly served by a "hobbled" system — but there are solutions, says former assessor
B.C. Assessment process unfair to homeowners, small business

B.C. Assessment process unfair to homeowners, small business

B.C.'s municipalities are badly served by a "hobbled" system — but there are solutions, says former assessor
Opinion: Mass speculation tax mail-out conjures up apparition of affordability

Opinion: Mass speculation tax mail-out conjures up apparition of affordability

“NDP claims about the impact of taxes on providing an affordable price point is the mirage it has created in the desert for buyers”