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British Columbia

Metro Vancouver new home sales down 19% in 2018 – and will fall more: report

Metro Vancouver new home sales down 19% in 2018 – and will fall more: report

Consumers increasingly less willing to pay for higher-priced units in new developments, says Altus Group
Property taxes floor Burnaby tile maker

Property taxes floor Burnaby tile maker

“Just opening the [assessment] envelope was enough to stop me from sleeping for two days,” says manufacturer and business owner
New task force to target Metro Vancouver industrial crunch

New task force to target Metro Vancouver industrial crunch

A industrial lands strategy task force was appointed in December, setting the stage for members to begin work in earnest
$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
Half of Vancouver property owners have filed Empty Homes Tax declarations

Half of Vancouver property owners have filed Empty Homes Tax declarations

Deadline is Feb. 4
Video: Expert B.C. real estate predictions for 2019

Video: Expert B.C. real estate predictions for 2019

Glacier Media's real estate editorial director Joannah Connolly summarizes market forecasts live on City TV's BT Vancouver
Richmond plans to introduce a second penalty option for short-term rental violations

Richmond plans to introduce a second penalty option for short-term rental violations

The proposed option carries smaller fine but simplifies dispute 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.

Rising construction costs, slowing market set stage for 2019

Reality check By the time you read this, most property owners will know what the BC Assessment Authority thinks their property is worth – or was worth, as of the valuation date of July 1, 2018.
2018’s Metro Vancouver residential sales lowest in 18 years

2018’s Metro Vancouver residential sales lowest in 18 years

Benchmark price now 2.7 per cent lower than one year ago, as sales in December plummet by almost 50 per cent