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B.C. home prices predicted to keep climbing as seller’s market persists

B.C. home prices predicted to keep climbing as seller’s market persists

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.
New home construction keeping builders busy

New home construction keeping builders busy

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.
B.C. government forms Rental Housing Task Force

B.C. government forms Rental Housing Task Force

Three-person task force to be led by Vancouver-West End MLA Spencer Chandra Herbert
B.C.-wide coalition launches ‘Scrap the Speculation Tax’ campaign

B.C.-wide coalition launches ‘Scrap the Speculation Tax’ campaign

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.
'China's Amazon' to start selling Canadian real estate

'China's Amazon' to start selling Canadian real estate

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.

B.C. home buyer confidence damaged by new tax measures, says poll

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.
Huge B.C. villa re-listed for $28.8M, 10 times assessed value (PHOTOS)

Huge B.C. villa re-listed for $28.8M, 10 times assessed value (PHOTOS)

This massive, resort-style “Tuscan villa” in Surrey raised eyebrows and hit media headlines last summer with its record-breaking listing price of $28 million, 10 times its assessed value – later adjusted to $26 million and did not sell at the time.
Building permit approvals significantly up this year

Building permit approvals significantly up this year

A report presented to city council on Monday night indicated a significant jump in the number of approved building permits so far this year, as well as a marked increase in the estimated value of these developments.
Province scales back speculation tax, cuts rate for B.C. residents

Province scales back speculation tax, cuts rate for B.C. residents

Under changes to the proposed speculation tax, B.C. residents will now only have to pay 0.5 per cent a year on second homes valued at $400,000 or above, finance minister Carole James announced in a media conference March 26. The tax will apply to B.
Premier promises update to speculation tax in 'days ahead'

Premier promises update to speculation tax in 'days ahead'

The B.C. NDP government is responding to the backlash from B.C. home owners against the speculation tax, and will have an update on its details within days, Premier John Horgan announced March 21.