Real Estate News & Articles

B.C. Liberals unveil a surprise 15-per-cent tax on foreign home buyers in Metro

2016-07-26

Premier?s announcement of foreign-buyers tax about-face from previous position on the issue Michael Smyth The Province In a hyper-inflated housing market fuelled partly by quick-buck property flippers, the biggest flip of all came Monday fr…

LIBERALS SWING HAMMER WITH NEW HOUSING BILL

2016-07-26

Two-pronged attack designed to tax foreign buyers, boost supply VAUGHN PALMER The Vancouver Sun After months of making light of the need to crack down on foreign buyers of residential property, the B.C. Liberals performed a dramatic about f…

Premier unveils plan to tax foreign real-estate buyers an extra 15 per cent

2016-07-25

B.C. Premier Christy Clark has unveiled her government's proposed new legislation aimed at reining in housing costs Rob Shaw The Province  Foreign buyers of Metro Vancouver real estate will be taxed an additional 15 per cent, the gover…

B.C. to bring in a 15 per cent additional real estate tax on foreign buyers

2016-07-25

REP Foreign nationals who buy real estate in Metro Vancouver would pay an additional property transfer tax of 15 per cent under legislation being brought in today by the British Columbia government. Finance Minister Mike de Jong introduced …

B.C. launches new 15% on foreigners who buy residential properties

2016-07-25

New property-transfer tax kicks in on Aug. 2 for those not citizens or permanent residents Glen Korstrom Vancouver Courier Foreigners who buy B.C. homes will have to pay a new 15 per cent tax starting Aug. 2 thanks to new legislation that t…

Second draft plan for Grandview-Woodland stirs hope, anxiety

2016-07-25

Plan adds 9,500 residents over three decades Matt Robinson The Vancouver Sun Munro said the city will do a cost-benefit analysis on this type of consultation process to see if it should be used elsewhere. When staff finished the new plan, t…

Vacancy tax is a numbers game

2016-07-25

Vancouver needs provincial government to share key data ROB SHAW The Vancouver Sun Vancouver’s mayor is warning that new provincial legislation won’t be enough to get a vacancy tax operational unless his city can hammer out an a…

FRAUD PROBE LINKED TO TYCOON AT CENTRE OF $500M+

2016-07-24

Mysterious wheeler-dealer is at centre of a web of B.C. real estate deals Sam Cooper The Province A Chinese property tycoon linked to a massive banking scandal in China’s industrial north is at the centre of more than $500 million in …

Christy Clark?s plan to make homes affordable: Will it work

2016-07-24

Michael Smyth The Province The only politicians you typically find at the B.C. legislature in the summertime are make-believe ones. They are the young actors who dress up as 19th-century lawmakers to entertain the tourists. Eccentric former…

Portfolio homes at Predator Ridge Vernon BC 12 semi-detached homes and 5 single family homes by Wesbild developers

2016-07-23

? MICHAEL BERNARD The Vancouver Sun Predator Ridge: Portfolio/Trademark/Havencrest Project location: Vernon Project size: A total of 12 new semi-detached homes (Portfolio) and five single-family homes (Trademark), both in the Whitetail neig…

Residences at Gateway 33553 Marshall Road Abbotsford 48 condos in a six storey wood frame building by Boulevard Group

2016-07-23

Couple ends their months-long home hunt at Abbotsford?s Residences at Gateway CLAUDIA KWAN The Vancouver Sun Project name: Residences at Gateway   Project location: 33553 Marshall Road, Abbotsford Project size: 48 homes in a six-storey…

In hot real estate markets, realtors are going to make you an offer - whether you want it or not

2016-07-23

Garry Marr The Vancouver Sun It will probably look like a real offer for your home. You might see your name and address on what seems like a contract, complete with a purchase price — even though you’re not thinking about sellin…

Metro Vancouver home sales fall again, but it's still a seller's market: report

2016-07-23

Home sales fell in Metro Vancouver for a fourth straight month in June, but aspiring homeowners shouldn?t celebrate yet ? it?s still a seller?s market The Vancouver Sun A new report from the Conference Board of Canada says sales fell in 15 …

Residential real estate audits cranked up

2016-07-23

In red-hot market, focus aimed at non-compliance Jamie.Golombek The Vancouver Sun With the red-hot residential real estate markets of Toronto and Vancouver showing no signs of cooling down, taxpayers need to be aware that the Canada Revenue…

Gabriola Mansion at 1531 Davie was B.T. Rogers of B.C. Sugar Refinery private residence.

2016-07-23

Sugar baron opened doors of 17,000-square-foot home in 1901 JOHN MACKIE The Vancouver Sun On July 23, 1901, Mr. and Mrs. B.T. Rogers gave a housewarming party at their new house at 1531 Davie. The guests were probably quite impressed. Benja…

Dangers outweigh possibilities in $200B Canadian housing wealth

2016-07-22

Canadian Real Estate Wealth The Bank of Nova Scotia recently calculated that approximately $200 billion in housing wealth has been generated in Canada over the past 12 months alone, a development that is sure to make home owners (especially…

This underdog market could set an all-time sales record

2016-07-22

Justin da Rosa REP While most eyes are on Toronto and Vancouver, this often overlooked market is quietly putting together one of its best years – and agents are benefitting. “Our sales are at a record pace this year in Winnipeg;…

Oak + Park Townhomes 7600 Oak Street 40 townhomes in Marpole by Alabaster Homes

2016-07-21

REW Download Document

New Civil Resolution Tribunal makes it simpler to settle strata disputes

2016-07-21

Tony Gioventu The Province Dear Tony: We are a 65-unit bare-land strata in the Okanagan. Generally, everyone gets along well, but we have had an owner move in who has decided he can do whatever he wants. His neighbours on both sides are con…

BC New Home Construction Investment Up 31.9%, Led By Condo Surge: StatCan

2016-07-21

New housing construction investment in BC was led by a year-over-year leap of 53 per cent for apartment-condo buildings, statistics agency reports Christina Newberry REW New housing construction investment in BC was up 31.9 per cent year ov…

Guildhouse at 14975 101A Avenue Surrey 221 homes by Mosaic

2016-07-21

Display suites at Guildhouse have that lived-in look ? Mary Frances Hill The Province Guildhouse Where: 14975 101A Avenue, Surrey What: 221 apartments and townhomes in the Guildford neighbourhood Residence sizes and prices: Homes with betwe…

Housing affordability: Why Burnaby and Vancouver are worlds apart

2016-07-21

Demoviction protesters removed from apartment Jeff Lee The Province They may wear the same social democratic cloth and run left-leaning councils, but Burnaby Mayor Derek Corrigan and Vancouver Mayor Gregor Robertson have vastly different id…

Bad blood behind concerns over marketing video: realtors

2016-07-20

Group defends ad after Real Estate Council launches investigation ? STEPHANIE IP The Vancouver Sun The Real Estate Council of B.C. is investigating a marketing video advertising a “future redevelopment opportunity” that isn&rsqu…

Vancouver's height limits would hurt social housing project, proponent says

2016-07-20

Commercial Drive tower battle threatens social housing plan, sponsor says JOHN MACKIE The Vancouver Sun Artist's conception in the revised Grandview Woodland plan for a proposed development by the Kettle Friendship Society and Boffo Develop…