Skip to content

Real Estate News

All homeowners in Speculation and Vacancy Tax regions must complete declaration

All homeowners in Speculation and Vacancy Tax regions must complete declaration

Every homeowner in affected areas will get declaration letters between January 18 and February 28, and must apply for exemption or pay up
Backlash builds over homeowner speculation-tax form

Backlash builds over homeowner speculation-tax form

The B.C. NDP is scrambling to respond to backlash over its surprise announcement that all homeowners in B.C.’s urban centres will be treated like speculators unless they fill out a tax exemption to declare otherwise.

Mortgage stress test blamed for 25% drop in B.C. home sales

Despite significant sales activity slowdown, province's average full-year resale price in 2018 is no lower than 2017
Faced with new taxes, more B.C. seniors are deferring their property taxes

Faced with new taxes, more B.C. seniors are deferring their property taxes

Two weeks ago, I wrote about the increased taxes many Vancouver residents will be paying as a result of the latest BC Assessments and new provincial taxes.
Home prices holding firm in most Metro Vancouver areas, and for condos: report

Home prices holding firm in most Metro Vancouver areas, and for condos: report

Price growth has dramatically slowed across region, but still rose 2.1 per cent overall in fourth quarter, says Royal LePage
$4M-plus home sales in Vancouver plummet by half in 2018: Sotheby’s

$4M-plus home sales in Vancouver plummet by half in 2018: Sotheby’s

“Top-tier” of city’s real estate hit by “a barrage of government and regulatory interventions compounded by mortgage rate hikes,” says luxury brokerage
Rate of B.C. seniors deferring property taxes skyrockets

Rate of B.C. seniors deferring property taxes skyrockets

The cost of housing is hitting seniors hard as the rate of those using property tax deferral has skyrocketed, while the reliance on rent subsidies for seniors is growing too fast. That’s according to a new report by B.C.
Check out this $18.6M luxury mansion, perfect for winter (PHOTOS)

Check out this $18.6M luxury mansion, perfect for winter (PHOTOS)

Indoor pool with ocean vistas and a sunroom with fireplace – this newly listed home knows the weather
Property assessments are inaccurate more often than you might think, says author

Property assessments are inaccurate more often than you might think, says author

As many as 20 per cent of all residential property owners in the province should be appealing their property assessments, says the man who has literally written the book on the assessment appeals process.
Property assessments are inaccurate more often than you might think, says author

Property assessments are inaccurate more often than you might think, says author

As many as 20 per cent of all residential property owners in the province should be appealing their property assessments, says the man who has literally written the book on the assessment appeals process.