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Speculation tax ‘should be eliminated’ in current form, says Nanaimo

Speculation tax ‘should be eliminated’ in current form, says Nanaimo

Both West Kelowna and now the Regional District of Nanaimo (RDN) have asked the B.C. government not to impose the new speculation tax in their regions, with the latter saying that “in its current form, [the tax] should be eliminated.
B.C. government announces tipline to report real estate misconduct

B.C. government announces tipline to report real estate misconduct

There is now a way for the public to report shady real estate deals. The Real Estate Council of British Columbia announced the launch Thursday of an anonymous tipline “to enhance consume protection in British Columbia’s real estate market.
Prince George bests Vancouver on burden of owning a house

Prince George bests Vancouver on burden of owning a house

The burden of owning a single-family house in Prince George continues to remain well below the level seen in Vancouver and area, according to an annual report released this week by the B.C. Northern Real Estate Board.
Home sales across B.C. hit by strict new mortgage rules

Home sales across B.C. hit by strict new mortgage rules

Home sales across the province fell on an annual basis in February, due to tough new rules that make qualifying for a mortgage harder, according to a B.C. Real Estate Association report released March 14. A total of 6,206 B.C.

Condo consultation: Have your say on strata governance reforms

If you’re a condo owner – especially those on strata councils – frustrated by current laws over how strata buildings are run, now’s your chance to be heard. The B.C.
’Twas ever thus? Metro Vancouver real estate headlines 30 years ago

’Twas ever thus? Metro Vancouver real estate headlines 30 years ago

It’s easy to think that the problems facing Vancouver’s housing market are relatively new. But if you take a look back at headlines from 20 or 30 years ago, you’ll see a different story.
B.C. home sales forecast to drop 8.6 per cent this year

B.C. home sales forecast to drop 8.6 per cent this year

Just because home sales are slowing and mortgage rates are climbing, you shouldn't expect any home price corrections, according to the latest forecast by the B.C. Real Estate Association (BCREA).
B.C. home owners fight 'speculation' tax with petition

B.C. home owners fight 'speculation' tax with petition

Home owners from within and outside of B.C. are rapidly signing up to a petition that is aims to fight the provincial government’s recently announced speculation tax.
RBC issues warning over foreign money in real estate

RBC issues warning over foreign money in real estate

Foreign money “distorting” the country’s biggest housing markets is bad for Canada, RBC’s CEO warned Tuesday.
Real estate industries made up fifth of Canada's GDP in 2017

Real estate industries made up fifth of Canada's GDP in 2017

Real estate, construction and related financial and insurance industries are together responsible for more than 20 per cent of Canada’s GDP in 2017, according to a quarterly report released by Statistics Canada March 2. Here in B.C.
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