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Real Estate

Federal budget funding boost bankrolls tax cheat crackdown

Federal budget funding boost bankrolls tax cheat crackdown

Tax crackdown This year’s federal budget gives the Canada Revenue Agency (CRA) extra clout when it comes to chasing down tax cheats, including those trying to evade taxes on real estate.
Grouse Mountain is up for sale

Grouse Mountain is up for sale

News comes weeks after Vail Resorts announced plans to buy Whistler Blackcomb
Clark announces $500 million for affordable housing

Clark announces $500 million for affordable housing

Victoria also considering asking for more information at land title office to limit money laundering
‘Locals first’ plan pitched for West Vancouver condo project

‘Locals first’ plan pitched for West Vancouver condo project

Developers say they will ask buyers to sign declaration they intend to live in the unit they buy, not leave it empty or flip it for investment
Binning Tower sales help Wall Financial revenue soar 711%

Binning Tower sales help Wall Financial revenue soar 711%

Profit similarly soared in the quarter and the first half of 2016
Giant Island land swap changes borders

Giant Island land swap changes borders

A three-way land swap that will see the Beecher Bay First Nation trade treaty lands for a one-third interest in a Langford business park was announced September 12.
Vancouver readies to enact tax on empty homes

Vancouver readies to enact tax on empty homes

Plan is to put tax in place by 2017 and tax 10,800 homes
Luxury home sales have slowed but are expected to normalize: Sotheby’s

Luxury home sales have slowed but are expected to normalize: Sotheby’s

The introduction of a 15% foreign buyers tax this summer has led to...
Foreign buyer tax won’t make home-buying easier, say most British Columbians

Foreign buyer tax won’t make home-buying easier, say most British Columbians

Most British Columbians are skeptical about the new real estate foreign buyer tax, saying they do not believe it will have the desired results, according to the results of an Insights West poll released September 14. Sixty-eight per cent of B.C.
Greater Vancouver home sales down more than 30% year-over-year in August

Greater Vancouver home sales down more than 30% year-over-year in August

The new 15% foreign buyer tax was a major driver behind...