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Real Estate News
Real Estate News
Editorial: Could B.C.’s speculation tax spark more Airbnbs?
The new B.C. speculation tax has the purported aim to push empty homes onto the long-term rental market, finance minister Carole James has said.
Apr 3, 2018 3:38 PM
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'China's Amazon' to start selling Canadian real estate
Chinese consumers can now buy Canadian homes online through a deal inked with Juwai.com, China’s largest real estate website selling international properties, and JD.com, which is China’s largest retailer, both online and offline.
Apr 3, 2018 10:18 AM
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Landlords expect more rentals after speculation tax hits
The head of LandlordBC expects some homeowners will start renting out their properties to avoid the province’s new speculation tax, but says it’s too soon to estimate the extent of its impact.
Apr 2, 2018 10:20 AM
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B.C. home buyer confidence damaged by new tax measures, says poll
If one goal of the B.C. government’s new housing taxation policies was to cool home sales in the province, it has likely succeeded, if the results of a new poll of real estate agents are anything to go by.
Mar 29, 2018 6:01 AM
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Vast Surrey villa re-listed for $28.8M, 10 times assessed value (PHOTOS)
This massive, resort-style “Tuscan villa” in Surrey raised eyebrows and hit media headlines last summer with its record-breaking listing price of $28 million, 10 times its assessed value – later adjusted to $26 million and did not sell at the time.
Mar 28, 2018 12:29 PM
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‘Concerns remain’ over tweaked B.C. speculation tax
Changes to the proposed B.C. speculation tax , announced by finance minister Carole James yesterday following a backlash from owners, have been broadly welcomed – but do not go far enough, according to industry groups.
Mar 27, 2018 1:59 PM
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Rents fall in Canada’s priciest cities – even Metro Vancouver
A decline in Toronto’s rental prices may have put Vancouver back on top as Canada’s priciest city for one-bedroom rents, but prices have declined in all the top five most expensive rental cities.
Mar 27, 2018 12:05 PM
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Province scales back speculation tax, cuts rate for B.C. residents
Under changes to the proposed speculation tax, B.C. residents will now only have to pay 0.5 per cent a year on second homes valued at $400,000 or above, finance minister Carole James announced in a media conference March 26. The tax will apply to B.
Mar 26, 2018 3:34 PM
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Premier promises update to speculation tax in 'days ahead'
The B.C. NDP government is responding to the backlash from B.C. home owners against the speculation tax, and will have an update on its details within days, Premier John Horgan announced March 21.
Mar 22, 2018 11:23 AM
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Canada’s 'top-tier' detached home buyers shifting sights to Montréal
After years of Metro Vancouver leading the country in terms of soaring detached home sales, the recent softening of that market has paved the way for a boom in Montréal, according to a report published March 21.
Mar 21, 2018 7:00 AM
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