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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

B.C. real estate not alone as home prices slide across prime global cities

London, Sydney, Hong Kong and more seeing price declines over past year, reports The Economist – a correlation that could herald a global recession

B.C. real estate not alone as home prices slide across prime global cities

London, Sydney, Hong Kong and more seeing price declines over past year, reports The Economist – a correlation that could herald a global recession
Province balks at condo Airbnb tax proposed by Victoria council

Province balks at condo Airbnb tax proposed by Victoria council

The province’s new speculation and vacancy tax declaration could provide a pathway to taxing condos being used as Airbnbs as commercial operations, says Victoria Coun. Geoff Young. But it doesn’t appear the province is prepared to go down that road.

What B.C. cities can learn from Seattle’s successful housing outcomes

Seattle’s changes to density zoning, development incentives and consultation processes have resulted in more supply and moderating home prices, says global housing expert
B.C. government not stablizing housing market the right way: BCREA

B.C. government not stablizing housing market the right way: BCREA

Finance minister says housing market is moving in right direction, but real estate industry critics disagree
B.C. budget delivers few new measures for housing and homeownership

B.C. budget delivers few new measures for housing and homeownership

Biggest new policy is a $76 million investment in modular housing for homeless; no sign of promised renters’ rebate
B.C.’s ‘policy-induced’ housing slowdown gives chill to January's market: BCREA

B.C.’s ‘policy-induced’ housing slowdown gives chill to January's market: BCREA

B.C. Northern board bucks provincial trend as one of only three boards seeing home prices higher than one year previously