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Real Estate News
New Westminster aims to protect rental housing on 18 sites
New Westminster is the first city in British Columbia to apply new rental residential tenure zoning to existing rental housing stock – much to the delight of tenants’ advocates and the disappointment of the development community.
Jan 29, 2019 5:25 PM
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Metro Vancouver office vacancy drops to lowest level since 2008
The region's office market has long made headlines for scant office availability, but is now even tighter
Jan 29, 2019 4:45 PM
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West Van calls to scrap added school tax
District of West Vancouver council is formally asking the province to scrap the additional school tax on homes assessed above $3 million and to curtail the speculation and vacancy tax. The school tax, which adds an additional 0.
Jan 29, 2019 4:33 PM
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Metro Vancouver housing affordability still deteriorating: National Bank
Despite market slowdown and even in detached sector, ownership cost vs income is getting worse, finds nationwide study
Jan 29, 2019 11:52 AM
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Sprawling, resort-style estate relisted for $16.78 million (PHOTOS)
Massive 19-acre property in Richmond back on market for only $20K below previous price, despite not selling in 2018
Jan 24, 2019 1:10 PM
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Why is Belcarra not excluded from the speculation tax? mayor asks MLA
Neil Belenkie says he's hearing from a wave of village residents who may be forced to rent out or sell because of the new provincial tax.
Jan 23, 2019 2:56 PM
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Feds’ mortgage policies ‘deny homeownership’ to young Canadians: report
Measures such as mortgage stress test are “at cross purposes” with federal promises to support the middle class, asserts Mortgage Professionals of Canada
Jan 23, 2019 12:07 PM
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Multi-family rental market booms as demand chases short supply
Nearly $3 billion of Metro Vancouver purpose-built rental properties exchanged hands last year, finds report
Jan 23, 2019 10:55 AM
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Opinion: Speculation and vacancy tax cumbersome but welcome
Homeowners across Metro Vancouver will soon be getting notices saying they have to register with the province as resident homeowners or qualify for an exemption or face paying B.C.’s new (and newly named) speculation and vacancy tax.
Jan 22, 2019 4:29 PM
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Vancouver rents to become ‘bubbly’ and rise 7% in 2019: forecast
Councillor Jean Swanson says rents will keep rising unless vacancy control and rent freezes are implemented
Jan 22, 2019 11:24 AM
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