Real Estate News

Gibsons

March is often the hottest month of the year – at least in terms of real estate sales. But compared with March activity of the past few years, last month was a bit of a wet blanket.

The new B.C. speculation tax has the purported aim to push empty homes onto the long-term rental market, finance minister Carole James has said.

Chinese consumers can now buy Canadian homes online through a deal inked with Juwai.com, China’s largest real estate website selling international properties, and JD.com, which is China’s largest retailer, both online and offline.

Gibsons

If one goal of the B.C. government’s new housing taxation policies was to cool home sales in the province, it has likely succeeded, if the results of a new poll of real estate agents are anything to go by.

“Just the impact was going to be so profound, so devastating," says island mayor

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.

West Howe Sound Community Association

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 and beyond. The three houses were loaded on a barge by the Northshore Auto Mall March 2.