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Real Estate

Five of B.C.’s greenest homes

Five of B.C.’s greenest homes

Buyers, builders and designers are embracing new technologies and materials that make homes easier on Mother Nature – and the pocketbook
Province faces uncertain fallout from property tax on foreigners

Province faces uncertain fallout from property tax on foreigners

Tax complex Tax first, provide data later – that was the province’s two-step approach last week as it announced a new, 15% property transfer tax for foreign buyers of residential property in Metro Vancouver on July 25, and then, on July 26, reported
British Columbians increasingly think they will leave province

British Columbians increasingly think they will leave province

Insights West poll shows 78% think they will stay in B.C. forever; down from 84% in 2014
Repercussions from B.C.'s new 15% real estate tax feared

Repercussions from B.C.'s new 15% real estate tax feared

Industry derides unfairness of finance ministry being unwilling to grandfather already-signed deals
Rezoning is increasing land speculation, reducing affordability

Rezoning is increasing land speculation, reducing affordability

The rush to rezone fuels speculative land inflation that’s further exacerbated by unregulated foreign capital flows.
Industry critical of new B.C. tax on foreigners buying homes

Industry critical of new B.C. tax on foreigners buying homes

The new 15% tax kicks in on August 2 for those not citizens or permanent residents
Purchase prices of Vancouver rental apartment soar 47%

Purchase prices of Vancouver rental apartment soar 47%

Average price for mostly older apartments close to $500,000 per suite
Vancouver’s vacant home tax an empty political gesture

Vancouver’s vacant home tax an empty political gesture

The easy part – saying something, not doing it – is done. The province is recalling the legislature next week to change the Vancouver Charter to provide the city with a new power to tax homeowners.
Leak reveals secret tax crackdown on foreign-money real estate deals

Leak reveals secret tax crackdown on foreign-money real estate deals

Canada Revenue Agency strategy briefing outlines plans to investigate properties bought with offshore money
Speculators go all in on Metro Vancouver industrial

Speculators go all in on Metro Vancouver industrial

Multiple bids, soaring prices characterize tight market