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Real Estate News

B.C. cracks down on condo-flip taxation, creates rental zoning tool

B.C. cracks down on condo-flip taxation, creates rental zoning tool

A crackdown on non-payment of taxes on presale condo flips is one of three new housing measures announced by the finance minister April 24.
North Shore low on list of region’s real estate investment hot spots

North Shore low on list of region’s real estate investment hot spots

You might think some parts of the North Shore would be included the region’s hottest areas to invest in real estate right now – but not according to financial website MoneySense.
Developer proposes artisan market, helipads for Britannia Beach

Developer proposes artisan market, helipads for Britannia Beach

A developer is proposing to set up an artisan market and a launch site for a helicopter touring company on Britannia Beach.
Buyer backs out of real estate deal over British Properties restrictions

Buyer backs out of real estate deal over British Properties restrictions

A BC Supreme Court judge has concluded a buyer who backed out of a deal to buy a $6.5-million mansion in West Vancouver was entitled to do so because a British Pacific Properties restrictive covenant significantly impacted potential uses.
Ultra-luxe home on private peninsula listed for $24.9M (PHOTOS)

Ultra-luxe home on private peninsula listed for $24.9M (PHOTOS)

If living on your own island seems idyllic but a bit inconvenient, perhaps the perfect compromise would be your own peninsula, surrounded by private beaches and rocky shoreline.
Rise or fall of home prices largely linked to purchasing power: analyst

Rise or fall of home prices largely linked to purchasing power: analyst

Whether the region’s home prices are rising or falling is significantly to do with buyers’ spending power – more so than foreign buyers or market speculation, according to the lead data analyst for Vancouver real estate firm the Rennie Group.
Province to regulate the real estate regulators

Province to regulate the real estate regulators

The B.C. government is launching a review of the province’s two key real estate regulatory groups, in order to "make sure that British Columbians are effectively protected," finance minister Carole James announced April 18.
North Van Realtor faces hearing over alleged false statements

North Van Realtor faces hearing over alleged false statements

The Real Estate Council of B.C. will hold a disciplinary hearing today and tomorrow into the conduct of a longtime North Vancouver Realtor.
$1.9 billion expected for provincewide rental housing

$1.9 billion expected for provincewide rental housing

Rental units intended to help families, and low and middle-income seniors

Has the foreign buyer tax made homes more affordable?

Only five per cent of British Columbians think that taxing foreign buyers on real estate purchases has resulted in homes becoming more affordable, according to a survey released this week by real estate website Zoocasa.