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B.C. agent to donate massive commission from $13.8m listing to World Housing

B.C. agent to donate massive commission from $13.8m listing to World Housing

A top-producing Vancouver real estate agent, known for her luxury listings and land-assembly deals , has pledged to donate her entire commission from her $13.8 million listing to global housing charity World Housing.
Coolest April for Metro Vancouver home sales in 17 years

Coolest April for Metro Vancouver home sales in 17 years

Metro Vancouver home sales saw the coolest April for 17 years, with the Real Estate Board of Greater Vancouver (REBGV) admitting that “market conditions are changing.
Buyers, be warned: fixed mortgage rates going up at Big Banks

Buyers, be warned: fixed mortgage rates going up at Big Banks

CIBC announced Tuesday (May 1) that it would be following TD Bank and RBC’s recent moves in raising its fixed mortgage rates, with a 15 basis-point increase taking its five-year fixed rate to 5.14 per cent.
Council approves rezoning for apartment complex

Council approves rezoning for apartment complex

A proposed 192-unit rental housing complex can proceed, following a decision by city council Monday night to rezone the location on Southridge Avenue and Marleau Road.
Property tax rates down, but assessments up

Property tax rates down, but assessments up

Prince George home owners will see a lower mill rate on their 2018 property tax bill, but increasing assessment values in the city mean most home owners will end up paying more than last year.
Home prices are not really dropping: Desjardins

Home prices are not really dropping: Desjardins

Average (but not benchmark) home prices have seen a recent decline in Metro Vancouver, the Greater Toronto Area and various other regions across Canada – a fact that is cheered by many hoping for better affordability.
First-timers plagued by fears over home-buying process

First-timers plagued by fears over home-buying process

More than seven in 10 Canadian first-time home buyers (71 per cent) are afraid that they’ll be hit by unanticipated costs during the process, according to a new survey by TD Bank.
Construction labour shortage a massive barrier to B.C.’s new housing: experts

Construction labour shortage a massive barrier to B.C.’s new housing: experts

Even with good intentions, appropriate funding and expedited permitting processes, there simply aren’t enough construction tradespeople to build all the homes required to meet B.C.'s housing targets, according to a group of industry experts.
B.C. cracks down on condo-flip taxation, creates rental zoning tool

B.C. cracks down on condo-flip taxation, creates rental zoning tool

A crackdown on non-payment of taxes on presale condo flips is one of three new housing measures announced by the finance minister April 24.
Suburban neighbourhoods top region’s hot spots to invest in real estate

Suburban neighbourhoods top region’s hot spots to invest in real estate

The hottest areas to invest in residential real estate in B.C.'s Lower Mainland are not within Vancouver proper, but further east in the suburbs, according to financial website MoneySense.