B.C.’s speculation tax brings in $115M, mostly from owners outside province
By Sean Boynton Online Journalist
The completed forms showed 80 per cent of those paying the tax are foreign buyers and satellite families. Continue reading
BC Housing Market
Housing sales will decline for 2 years in B.C.: Central 1 Credit Union
The report predicts 2019 will see the fewest sales since 2013. Continue reading
B.C. reports high returns on speculation tax forms, 99 per cent will not pay tax
Owners not exempt from the tax must pay their assessed amount by July 2. Continue reading
Fraser Valley home sales see 2nd slowest April in 10 years
By Simon Little Online Journalist
The valley saw sales drop 19 per cent over April 2018, though the region did get a spring bump of 13 per cent from March of this year. Continue reading
Economic growth to slow in B.C. this year: Central 1 Credit Union
The credit union predicts a bumpy ride for the labour market this year and next. Continue reading
B.C. couple sounds alarm over online scam advertising listed New West home for rent
By Jordan Armstrong Reporter/Anchor
The scammer used a real estate posting for the home to draw up a fake rental application that asked for a driver’s licence and a down payment before seeing the home. Continue reading
Provincial economic growth will slow in British Columbia: Central 1 Credit Union
By Robyn Crawford Reporter
While northern BC booms, the rest of the province will slow, following a robust period of expansion. Continue reading
B.C. advocacy group says new federal funding to ease homelessness just a ‘drop in the bucket’
Drury says the cost to build a non-market unit is more than $250,000 each. Continue reading
Realtor not surprised by latest bump in B.C. property values
A Vancouver-based real estate agent isn’t shocked by the numbers coming in from BC Assessment on property values across the province. Continue reading
Mike de Jong, ex-B.C. finance minister, calls on NDP to release foreign buyer data
By Jeremy Lye
“It is entirely appropriate and necessary to have information of that sort that tracks how much foreign purchase activity is taking place in our market.” Continue reading