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Real Estate News

Greens agree ‘compromise’ with NDP on speculation tax changes

Greens agree ‘compromise’ with NDP on speculation tax changes

In exchange for Green Party’s backing, NDP agrees to three key amendments to tabled legislation, including reduced tax rate for out-of-province Canadians

Most first-time buyers stretching to the max on home purchase

Affordability is biggest concern, but consumer confidence in real estate remains high, finds survey
Detached home prices will soar after three-year slump: analyst

Detached home prices will soar after three-year slump: analyst

Metro Vancouver's current housing slump will last until 2021, but will be followed by dramatic doubling in single-family prices, predicts analyst
OTHER VOICES: Halting development we need doesn't make much sense

OTHER VOICES: Halting development we need doesn't make much sense

Next week the real work begins. First of all, we congratulate all candidates who have stood for election. Win or lose; all are no doubt grateful the campaign is just about over. It is no small sacrifice to offer oneself to the service of others.
Condo flipping ‘never pervasive’ and not to blame for high prices: report

Condo flipping ‘never pervasive’ and not to blame for high prices: report

Government measures to curb real estate speculation won’t improve affordability, say Bloomberg analysts
Opinion: Mayors miffed as B.C. sticks with housing speculation tax

Opinion: Mayors miffed as B.C. sticks with housing speculation tax

Finance Minister Carole James would be on firmer ground with the first-of-its-kind speculation tax she introduced Tuesday if more of the mayors directly affected supported it.
‘Leaning’ tower proposal for downtown Victoria

‘Leaning’ tower proposal for downtown Victoria

A proposal that would give Victoria its own “leaning” tower has been submitted to city hall. The application from Cox Developments features a 15-storey condominium or rental building designed in a way to create the illusion that it leans.
North Van developer proposes modular housing for demovictees

North Van developer proposes modular housing for demovictees

A North Vancouver developer is floating an idea to re-house people demovicted by a residential redevelopment. In 2015, Darwin Properties bought Maplewood Gardens, a 1972 50-unit townhouse complex on Old Dollarton Road, with plans to redevelop it.
‘Return of runaway home prices a real threat’: Royal LePage

‘Return of runaway home prices a real threat’: Royal LePage

Housing market may be in “soft landing” for now, but prices could soar again if supply issues aren’t tackled, says report
Public hearing for Richmond Centre development postponed until after election

Public hearing for Richmond Centre development postponed until after election

One council candidate says he'd like to see at least 60 per cent of the units be slated for rental