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British Columbia

Vancouver rents to become ‘bubbly’ and rise 7% in 2019: forecast

Councillor Jean Swanson says rents will keep rising unless vacancy control and rent freezes are implemented
Richmond man accused of cleaning millions of dollars through real estate

Richmond man accused of cleaning millions of dollars through real estate

Another B.C. civil forfeiture law suit has revealed allegations involving the illegal drug trade and real estate deals
B.C.'s new speculation tax irks even those who don’t pay it

B.C.'s new speculation tax irks even those who don’t pay it

“Speculators” were always going to hate the speculation tax, that’s pretty much a given. What the provincial government has managed to do this week is annoy a good part of the vast majority of homeowners who would never be considered speculators.
New Nature’s Path head office wants to be neighbours with East Van cross

New Nature’s Path head office wants to be neighbours with East Van cross

Application for distinct 10-storey building goes before Development Permit Board Jan. 21; City of Vancouver still considering whether to relocate 'Monument for East Vancouver'
Vancouver now ranked ‘second-least affordable’ global housing market

Vancouver now ranked ‘second-least affordable’ global housing market

Sydney moves down to third place in Demographia rankings as Australian home prices drop; Hong Kong remains least affordable
Richmond senior shocked by massive condo assessment spike

Richmond senior shocked by massive condo assessment spike

Louise McManus doesn’t want to be punished with higher property taxes on the condo she’s lived in for 25 years

Victoria council to ask province for authority to levy surtax on empty houses

The proposed surtax on vacant residential properties would “discourage derelict buildings, and encourage the occupancy, maintenance and improvement of buildings”
Metro Vancouver residential price decline will bottom in 2019, then reverse: forecasters

Metro Vancouver residential price decline will bottom in 2019, then reverse: forecasters

Panel of developers predict housing trends for coming year with cautious optimism; one says single-family price correction was “necessary”
Finance Minister Carole James on speculation tax: ‘I think a bit of politics is going on’

Finance Minister Carole James on speculation tax: ‘I think a bit of politics is going on’

James says detractors of the government’s speculation tax exemption are “playing politics” in advance of Nanaimo’s provincial byelection
All property owners in Speculation and Vacancy Tax regions must complete declaration

All property owners 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