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Real Estate News

NDP taking housing affordability seriously with budget, says business prof

NDP taking housing affordability seriously with budget, says business prof

Urban Development Institute argues budget doesn’t address real problem
Foreign buyers tax coming to Victoria, Nanaimo, Fraser Valley and Okanagan

Foreign buyers tax coming to Victoria, Nanaimo, Fraser Valley and Okanagan

B.C.'s new package of tough measures takes aim at tax evaders who stash money in real estate, hide their ownership and speculate in the increasingly pricey market.
January’s BC home sales value up 37.4 per cent annually

January’s BC home sales value up 37.4 per cent annually

Real estate markets across the province saw a slower January, compared with the unusual pre-stress-test rush of buyers in December – but the home sales total was still much higher than this time last year, according to statistics released February 15
A driverless future may upend the time-tested real estate law: Location, location, location

A driverless future may upend the time-tested real estate law: Location, location, location

The link between property and transport has been perhaps the most durable in human history. Since the ancients, few things have delivered higher land values with more certainty than advances in transport, from roads to canals, railways to highways.
Once-hot Toronto housing hits deep freeze as lending rules bite

Once-hot Toronto housing hits deep freeze as lending rules bite

The only thing that might be colder than Toronto in January is the city's housing market.
Northern towns to suffer from new regulations, real estate agents say

Northern towns to suffer from new regulations, real estate agents say

In advance of new housing regulations due to take effect in March, local real estate agents are blasting new provincial regulations that ban limited dual agency. The regulations, part of several new rules established by the B.C.
Watchdog seeks discipline of McBride real estate agent

Watchdog seeks discipline of McBride real estate agent

The alleged actions of a McBride real estate agent are at the centre of a conflict between B.C.'s superintendent of real estate and the industry council he was appointed to oversee. Michael Noseworthy filed a petition in B.C.
Prices and sales for single-family homes rose in 2017

Prices and sales for single-family homes rose in 2017

The city's real estate market enjoyed a rebound over the past year.
New stress test to affect higher end of real estate market, mortgage broker says

New stress test to affect higher end of real estate market, mortgage broker says

Prospective home buyers have a new hurdle to clear in the form of a "stress test" for uninsured mortgages but a local mortgage broker is predicting it will only slow the sales of higher-end homes.