Real Estate News

Properties with four or more rental units will be exempt from the new school tax announced in B.C. Budget 2018

More than 80 per cent of British Columbians agree that the new speculation tax and the expanded foreign buyer tax are “good” or “very good” moves by the NDP, according to a new poll.

New Westminster city council will entertain a proposal for a mixed use project on Carnarvon Street at an upcoming public hearing.

Holding hundreds of acres of industrial and residential sites, First Nations are now key players in Metro Vancouver and Fraser Valley growth

Industry concern cited while commercial agents call for separation from residential

Foreign buyers now need to go through additional income verification when applying for mortgage

Those of us who keep a close eye on the B.C. real estate industry and housing policy were widely anticipating a speculation tax to be introduced in last week’s B.C. Budget, as it had been heavily hinted at by the NDP in advance of the announcement.

A short-lived and little-used loan program for first-time homebuyers in B.C. is coming to an end. Applications under the B.C. Home Owner Mortgage and Equity Partnership will be accepted until the end of March.

Urban Development Institute argues budget doesn’t address real problem

The BC HOME Partnership Program (HPP), which offers first-time buyers a loan to help with their down payment, has had relatively little impact on condo and townhome prices, according to the findings of a recent report by the BC Real Estate Associatio