Real Estate News

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.

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.

The year-to-date number of new single-family homes completed and sold are both up significantly over the same period last year, according to Canada Mortgage and Housing Corporation figures issued Tuesday.

Three-person task force to be led by Vancouver-West End MLA Spencer Chandra Herbert

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.

Chinese consumers can now buy Canadian homes online through a deal inked with Juwai.com, China’s largest real estate website selling international properties, and JD.com, which is China’s largest retailer, both online and offline.

If one goal of the B.C. government’s new housing taxation policies was to cool home sales in the province, it has likely succeeded, if the results of a new poll of real estate agents are anything to go by.