Skip to content
Join our Newsletter

Real Estate News

CRA pursues real estate tax cheats to the tune of $1 billion

CRA pursues real estate tax cheats to the tune of $1 billion

More than $400 million from B.C. added to federal coffers; even tougher crackdown to come
Housing shortage is feeding rental fraud

Housing shortage is feeding rental fraud

There is no denying that we are in a housing crisis and that is tough enough, but the fact that people are using this to their advantage to scam others out of their rent money is awful.
Housing markets mix of contradictions

Housing markets mix of contradictions

Riding the Skytrain in Vancouver always brings back a flood of memories to me. One of these surrounds a small mossy home, derelict, and in a less-than-desirable section of Whalley (one of the tougher neighbourhoods in Surrey).
Inventor says taxman has ruined his life and business

Inventor says taxman has ruined his life and business

Trudeau’s office, minister taxpayers’ ombudsman passing the buck
Home ownership in city above CMHC affordability threshold

Home ownership in city above CMHC affordability threshold

The cost of owning a home in Prince George in 2018 was slightly above the Canada Mortgage and Housing Corporation's suggested threshold, according to a report from the B.C. Northern Real Estate Board.
Dirty money in real estate’s big reveal today

Dirty money in real estate’s big reveal today

Dr. Peter German is set to release his investigation into money laundering in B.C. real estate. But will it make a difference?
Building permit value reaches $26.9 million

Building permit value reaches $26.9 million

Construction is on pace to beat last year's record, according to the latest building permit report from city hall. As of the end of March, 101 permits for $26.9 million worth of construction were taken out so far this year, up from $24.
Easing mortgage stress test better for first-time buyers: critics

Easing mortgage stress test better for first-time buyers: critics

The new federal budget includes a plan for Canada’s housing agency to offer interest-free loans to first-time homebuyers, but mortgage brokers, real estate agents and economists say it will do little to get millennials into the housing market.
Easing mortgage stress test better for first-time buyers: critics

Easing mortgage stress test better for first-time buyers: critics

The new federal budget includes a plan for Canada’s housing agency to offer interest-free loans to first-time homebuyers, but mortgage brokers, real estate agents and economists say it will do little to get millennials into the housing market.

Non-residents own 3.7% of B.C. homes, much higher in new units: CMHC

Median value of Greater Victoria homes owned by foreign nationals is much higher than Canadian-owned homes, according to federal housing agency