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Real Estate

Rob Shaw: Changing times shift focus of speculation tax from foreigners to fellow British Columbians

Rob Shaw: Changing times shift focus of speculation tax from foreigners to fellow British Columbians

Nearly half of homebuyers hit by BC NDP’s speculation tax are British Columbians – a far cry from five years earlier, when 20 per cent of locals had to pay up
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Ottawa to launch pre-approved home design catalogue, bring back post-war effort

Ottawa to launch pre-approved home design catalogue, bring back post-war effort

OTTAWA — The federal government intends to resurrect a post-war effort to ramp up housing construction across Canada — but with a 21st-century twist.
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Bank regulator maintains uninsured mortgage stress test rate

Bank regulator maintains uninsured mortgage stress test rate

TORONTO — Canada's banking regulator says it has left the stress test rate for uninsured mortgages unchanged.
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Backfilled Bed Bath & Beyond space in Vancouver vacant again

Backfilled Bed Bath & Beyond space in Vancouver vacant again

New homegrown homestore concept defaults on lease obligations
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B.C. proposes to increase height for tall wood buildings

B.C. proposes to increase height for tall wood buildings

Proposed changes to building code would increase permitted height to 18 storeys
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Developer Beedie tapped to build North America’s largest Tesla centre in Vancouver

Developer Beedie tapped to build North America’s largest Tesla centre in Vancouver

Construction on new electric vehicle service facility slated for early next year
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CREA housing sales forecast hinges on Bank of Canada moves

CREA housing sales forecast hinges on Bank of Canada moves

Bright outlook for sales not guaranteed as Bank of Canada weighs its options
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West Van homeowners paid second-highest vacancy tax in B.C.

West Van homeowners paid second-highest vacancy tax in B.C.

Property owners in West Vancouver forked over $8.75 million in 2022
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Report predicts single-family home prices in Whistler will rise 5% over next year

Report predicts single-family home prices in Whistler will rise 5% over next year

Royal LePage research says combination of cost of living, economic uneasiness and ‘unprecedented’ wildfires has led to cooling of recreational property market nationwide
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More first-time buyers bought homes in 2020 than 2018 in B.C.

More first-time buyers bought homes in 2020 than 2018 in B.C.

Buyers who were fresh to the housing market paid a median price that was $100,000 less than that paid by repeat buyers.
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