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British Columbia

B.C. home sales to creep back up over next two years: BCREA

B.C. home sales to creep back up over next two years: BCREA

Real estate association offers optimistic forecast, saying buyers are gradually “adjusting” to mortgage stress test
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B.C. launches online condo pre-sale register

B.C. launches online condo pre-sale register

Government says the register will help thwart tax evasion, real estate speculation
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International school Sino Bright inks Powell River land deal

International school Sino Bright inks Powell River land deal

The school purchased the property from the Powell River Waterfront Development Corporation
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B.C. real estate audits reveal widespread tax evasion

B.C. real estate audits reveal widespread tax evasion

Taxman recovered over $140 million in nine months last year from B.C. real estate audits; new speculation tax expected to curb tax avoidance
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Metro Vancouver home values to drop this year, but recover in 2021: poll

Metro Vancouver home values to drop this year, but recover in 2021: poll

Overall real estate market downturn will be relatively short-lived, according to Reuters poll of market analysts, while other experts predict no improvement in affordability
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Rent-to-own helps condo buyers on the pathway to ownership

Rent-to-own helps condo buyers on the pathway to ownership

A unique rent-to-own plan for a new condo development in Port Moody will allow 30 local buyers to rent their unit for two years, with the money going towards their downpayment
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Analysis highlights connection between Vancouver planning programs and land values

Analysis highlights connection between Vancouver planning programs and land values

Andy Yan of SFU's city program says future city-wide plan needs mechanisms to shelter commercial and residential renters
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Metro Vancouver’s high-end house prices to fall a further 7.1%: Royal LePage

Metro Vancouver’s high-end house prices to fall a further 7.1%: Royal LePage

Detached homes in the $5 million-plus “luxury” range to see steep price drop this year, while $3 million-plus condo values will decline to a lesser degree, predicts brokerage
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Richmond illegal hotel 'more active' after being fined, ordered to close by the city

Richmond illegal hotel 'more active' after being fined, ordered to close by the city

City sets to take the operator to court in March
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Market rental tower going up on Robson Street

Market rental tower going up on Robson Street

Vancouver mayor welcomes pet-friendly West End highrise, citing need for market rental buildings
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