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Real Estate News

Vast Surrey villa re-listed for $28.8M, 10 times assessed value (PHOTOS)

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.
‘Concerns remain’ over tweaked B.C. speculation tax

‘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.
Rents fall in Canada’s priciest cities – even in Metro Vancouver

Rents fall in Canada’s priciest cities – even in 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.
Province scales back speculation tax, cuts rate for B.C. residents

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.
Sunshine Coast needs foreign buyers tax, MLA says

Sunshine Coast needs foreign buyers tax, MLA says

"Is everybody going to suddenly come to the Sunshine Coast because they don’t have to pay the 20 per cent?”
Opinion: Squamish needs same housing measures as Metro Vancouver

Opinion: Squamish needs same housing measures as Metro Vancouver

When it comes to affordability, the province needs to start looking at Squamish like it’s part of the Lower Mainland. We’re feeling the same crunch, whether their data reflects it or not.
Supreme Court approves permits on massive Gibsons development

Supreme Court approves permits on massive Gibsons development

A BC Supreme Court justice has ruled that development permits issued for the George Hotel and Residences project in Gibsons were issued properly and the developer should be allowed to act on them.
Moodyville houses get new life as recycled homes

Moodyville houses get new life as recycled homes

Several houses that used to be part of North Vancouver’s Moodyville neighbourhood are getting a new lease on life in communities around the province.
Super-cool Deep Cove waterfront home listed for $6.28M (PHOTOS)

Super-cool Deep Cove waterfront home listed for $6.28M (PHOTOS)

This awesome, retro-meets-modern six-bedroom house in Deep Cove was built in 1973 and was listed March 12 for $6.288 million.
Premier promises update to speculation tax in 'days ahead'

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.