Real Estate News

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.

"Is everybody going to suddenly come to the Sunshine Coast because they don’t have to pay the 20 per cent?”

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.

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.

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.

This awesome, retro-meets-modern six-bedroom house in Deep Cove was built in 1973 and was listed March 12 for $6.288 million.

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.

Proposed 150-unit development to go to public hearing

Canada is a hugely diverse country – and so are its real estate markets. The Lower Mainland and Greater Toronto are notoriously expensive, while some areas are still extremely affordable – even if you’re on a single-person income.

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.