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Real Estate News

Property taxes floor Burnaby tilemaker after soaring assessment

Property taxes floor Burnaby tilemaker after soaring assessment

“Just opening the [BC Assessment] envelope was enough to stop me from sleeping for two days,” says manufacturer and business owner
$4M-plus home sales in Vancouver plummet by half in 2018: Sotheby’s

$4M-plus home sales in Vancouver plummet by half in 2018: Sotheby’s

“Top-tier” of city’s real estate hit by “a barrage of government and regulatory interventions compounded by mortgage rate hikes,” says luxury brokerage
New West Realtors share the warmth this winter

New West Realtors share the warmth this winter

Movers & Shakers
Rate of B.C. seniors deferring property taxes skyrockets

Rate of B.C. seniors deferring property taxes skyrockets

The cost of housing is hitting seniors hard as the rate of those using property tax deferral has skyrocketed, while the reliance on rent subsidies for seniors is growing too fast. That’s according to a new report by B.C.
Check out this $18.6M luxury mansion, perfect for winter (PHOTOS)

Check out this $18.6M luxury mansion, perfect for winter (PHOTOS)

Indoor pool with ocean vistas and a sunroom with fireplace – this newly listed home knows the weather
Opinion: Land Value Capture idea gaining traction as housing affordability crisis continues

Opinion: Land Value Capture idea gaining traction as housing affordability crisis continues

Proposed tax would target landowners making a windfall when land values skyrocket due to rezoning or new infrastructure, says BC Government & Service Employees' Union
Richmond plans to introduce a second penalty option for short-term rental violations

Richmond plans to introduce a second penalty option for short-term rental violations

The proposed option carries smaller fine but simplifies dispute process
Property assessments are inaccurate more often than you might think, says author

Property assessments are inaccurate more often than you might think, says author

As many as 20 per cent of all residential property owners in the province should be appealing their property assessments, says the man who has literally written the book on the assessment appeals process.
Comment: Metro Vancouver just one city in global real estate slowdown

Comment: Metro Vancouver just one city in global real estate slowdown

If you think we’re the only ones experiencing declining sales and prices, think again
2018’s Metro Vancouver home sales lowest in 18 years

2018’s Metro Vancouver home sales lowest in 18 years

New Westminster still seeing region's highest annual increases in condo benchmark prices, up 7.4 per cent