BC Real Estate

• B.C. home sales slide almost 10% in March

  The B.C. Real Estate Association says the province saw 6,460 residential unit sales in the Multiple Listing Service systems last month, a 9.5 per cent decline from March 2023.

  Canada

  Apr 15
  
• District of Squamish councillor wants BC Assessment process overhauled

  Squamish's John French said large industrial and commercial properties are being under-assessed annually, meaning their owners pay less tax than they ought to.

  Politics

  Feb 19
  
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• BC Real Estate Association numbers point to market ‘uptrend’ at beginning of 2024

  The Fraser Valley and Greater Vancouver saw the greatest year-over-year jumps in unit sales and dollar volumes.

  Economy

  Feb 13
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• New B.C. building project aims for renters to spend under 30% of income monthly

  Last September, the federal government announced it would eliminate the GST on the construction of all new rental apartment buildings.

  Politics

  Feb 13
• B.C. home values start to slide in some regions, stabilize in others: BC Assessment

  BC Assessment said homeowners can expect only modest changes in the range of minus-five to plus-five per cent. These assessment changes are notably less than in previous years. 

  Consumer

  Jan 2
• Time’s up for some short-term rentals in B.C. as new housing rules transform scene

  Short-term rental managers are lamenting the demise of their business model, while real estate agents say investment properties owners are being forced to sell at a loss.

  Politics

  Dec 8, 2023
• B.C. housing plans could deliver 293,000 new units over a decade: Premier

  Premier David Eby says the government has now provided regulations and policy manuals to local governments to work with developers on housing projects.

  Politics

  Dec 7, 2023
• B.C. tables new bill to cut down on homebuilding delays

  As it stands, the Housing Ministry says some rapidly-growing municipalities use the rezoning process to negotiate with homebuilders for funding much-needed amenities.

  Politics

  Nov 7, 2023
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• B.C. to streamline permitting, offer incentive to homeowners to rent secondary suites

  The B.C. government is chipping away at promises made under its multi-billion-dollar housing plan, announcing two new initiatives aimed at boosting supply and affordability.

  Politics

  Sep 18, 2023
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• B.C. in a ‘good position’ for building with Ottawa’s new tax break: Housing minister

  Urban planner Andy Yan, however, said he didn't "necessarily" think Ottawa's GST break would have a huge impact in Metro Vancouver.

  Economy

  Sep 15, 2023