Real Estate News

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.

Gibsons

Canada is a hugely diverse country – and so are its real estate markets. The Lower Mainland and Greater Toronto are notoriously expensive, while some areas are still extremely affordable – even if you’re on a single-person income.

After years of Metro Vancouver leading the country in terms of soaring detached home sales, the recent softening of that market has paved the way for a boom in Montréal, according to a report published March 21.

If you dream of owning a spacious detached home on a large lot, it can be yours for a fraction of the cost of those in Metro Vancouver and the capital region, according to a new report by the B.C. Northern Real Estate Board.