Real Estate News

The B.C. government is launching a review of the province’s two key real estate regulatory groups, in order to "make sure that British Columbians are effectively protected," finance minister Carole James announced April 18.

Rental units intended to help families, and low and middle-income seniors

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.

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.

More than 100 rental units part of proposed large-scale complex

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.

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.

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.

Vancouver-West End MLA Spencer Chandra Herbert will head up a new Rental Housing Task Force. Premier John Horgan made the announcement April 10.

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.