Prince George Real Estate News

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).

Mar 9, 2018 9:41 AM Read more >

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.

Mar 8, 2018 10:59 AM Read more >

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.

Mar 7, 2018 7:00 AM Read more >

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.

Mar 5, 2018 11:18 AM Read more >

Province confirms rental buildings to be exempt from luxury house tax

Properties with four or more rental units will be exempt from the new school tax announced in B.C. Budget 2018

Mar 1, 2018 11:29 AM Read more >

‘Dual agency’ real estate rules booted to June

The Office of the Superintendent of Real Estate (OSRE) has postponed introduction of controversial legislation regarding dual agency and disclosures in real estate transactions.

Feb 28, 2018 7:38 AM Read more >

CIBC tightens mortgage rules for foreign buyers

Foreign buyers now need to go through additional income verification when applying for mortgage

Feb 27, 2018 9:00 AM Read more >

Door shut on help for first home purchase

A short-lived and little-used loan program for first-time homebuyers in B.C. is coming to an end. Applications under the B.C. Home Owner Mortgage and Equity Partnership will be accepted until the end of March.

Feb 23, 2018 2:24 PM Read more >

Vancouver's hot housing market gets tougher for wealthy Chinese

Vancouver, one of the hottest housing markets in North America, is getting a little tougher for wealthy Chinese buyers.

Feb 21, 2018 8:21 AM Read more >

NDP taking housing affordability seriously with budget, says business prof

Urban Development Institute argues budget doesn’t address real problem

Feb 20, 2018 5:24 PM Read more >