BC Real Estate
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Home sales down, inventory sky-high for June in Metro Vancouver, Fraser ValleyThe real estate market in both Metro Vancouver and the Fraser Valley is favouring buyers with tons of inventory.CanadaJul 3
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Okanagan real estate: Rise in sales from April to MayFor real estate in the Okanagan and Shuswap regions, May saw 926 units sold, up from 785 units in April.MoneyJun 5
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B.C. home sales slide almost 10% in MarchThe 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.CanadaApr 15
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District of Squamish councillor wants BC Assessment process overhauledSquamish's John French said large industrial and commercial properties are being under-assessed annually, meaning their owners pay less tax than they ought to.PoliticsFeb 19
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BC Real Estate Association numbers point to market ‘uptrend’ at beginning of 2024The Fraser Valley and Greater Vancouver saw the greatest year-over-year jumps in unit sales and dollar volumes.EconomyFeb 13
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New B.C. building project aims for renters to spend under 30% of income monthlyLast September, the federal government announced it would eliminate the GST on the construction of all new rental apartment buildings.PoliticsFeb 13
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B.C. home values start to slide in some regions, stabilize in others: BC AssessmentBC 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.ConsumerJan 2
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Time’s up for some short-term rentals in B.C. as new housing rules transform sceneShort-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.PoliticsDec 8, 2023
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B.C. housing plans could deliver 293,000 new units over a decade: PremierPremier David Eby says the government has now provided regulations and policy manuals to local governments to work with developers on housing projects.PoliticsDec 7, 2023
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B.C. tables new bill to cut down on homebuilding delaysAs it stands, the Housing Ministry says some rapidly-growing municipalities use the rezoning process to negotiate with homebuilders for funding much-needed amenities.PoliticsNov 7, 2023
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