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Real Estate News

Speculation tax doomed to fail, hurts B.C. reputation, says panel

Speculation tax doomed to fail, hurts B.C. reputation, says panel

Politicians at event say new tax is helping destroy province's standing as a place to do business
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Nearly one in five B.C. seniors live in unaffordable housing

Nearly one in five B.C. seniors live in unaffordable housing

High housing costs highlighted as a major issue in B.C. Seniors Poverty Report Card
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Greater Vancouver's home sales see 35% slump from last year

Greater Vancouver's home sales see 35% slump from last year

Despite slowdown, benchmark prices have not fallen – yet
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Northern home prices predicted to keep climbing – at slower rate

Northern home prices predicted to keep climbing – at slower rate

Home sales across BC and in the Northern region may be slightly soft so far this year , but this won’t be enough to bring average prices down, according to the British Columbia Real Estate Association (BCREA).
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Rental Housing Task Force to hit the road for answers to rental crisis

Rental Housing Task Force to hit the road for answers to rental crisis

To help the B.C. government improve the Residential Tenancy Act, the newly appointed Rental Housing Task Force will be touring the province in search of answers to the rental crisis, the group announced May 28.
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Two-thirds of speculation tax payers will be B.C. residents

Two-thirds of speculation tax payers will be B.C. residents

With lower rate, British Columbians will contribute a third of the overall tax revenues
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Feds announce new national housing fund

Feds announce new national housing fund

Through new fund, CMHC will create up to 60,000 affordable units across Canada and renew up to 240,000 more
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Boomers cashing in on high-value homes to buy vacation properties

Boomers cashing in on high-value homes to buy vacation properties

Retirees driving demand for recreational real estate
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B.C. home price trajectory flattens with slow sales, more listings

B.C. home price trajectory flattens with slow sales, more listings

Rising inventory creates “less upward pressure on prices”
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Prince George building permits on the rise

Prince George building permits on the rise

Numbers indicate a positive building season for local real estate
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