Real Estate News

Nearly $3 billion of Metro Vancouver purpose-built rental properties exchanged hands last year, finds report

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.

Councillor Jean Swanson says rents will keep rising unless vacancy control and rent freezes are implemented

“Speculators” were always going to hate the speculation tax, that’s pretty much a given. What the provincial government has managed to do this week is annoy a good part of the vast majority of homeowners who would never be considered speculators.

Burnaby South byelection candidate says housing is the top issue

Another B.C. civil forfeiture law suit has revealed allegations involving the illegal drug trade and real estate deals

Sydney moves down to third place in Demographia rankings as Australian home prices drop; Hong Kong remains least affordable

Panel of developers predict housing trends for coming year with cautious optimism; one says single-family price correction was “necessary”

West Van MLA Ralph Sultan describes speculation and vacancy tax as "attack on wealth"

Every homeowner in affected areas will get declaration letters between January 18 and February 28, and must apply for exemption or pay up