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British Columbia

Premier promises update to speculation tax in 'days ahead'

Premier promises update to speculation tax in 'days ahead'

The B.C. NDP government is responding to the backlash from B.C. home owners against the speculation tax, and will have an update on its details within days, Premier John Horgan announced March 21.
B.C. commercial real estate investment up 83% year-over-year

B.C. commercial real estate investment up 83% year-over-year

Real estate sales over $5 million hit a new dollar volume high in 2017, led by institutional buyer demand
West Vancouver braces for school property tax hike

West Vancouver braces for school property tax hike

Mayor criticizes new tax that will add $50 million to provincial coffers
Leasing activity up across all Western Canada office markets

Leasing activity up across all Western Canada office markets

Lease rates in Vancouver top $30 per square foot, while Calgary faces compressed rates from falling demand
Canada’s 'top-tier' detached home buyers shifting sights to Montréal

Canada’s 'top-tier' detached home buyers shifting sights to Montréal

Metro Vancouver’s detached market seeing slowdown while Québec’s metropolis sees $1 million-plus real estate boom, finds report
West Vancouver council looking to curb monster mansions

West Vancouver council looking to curb monster mansions

The City has voted to establish a new citizens' working group to help guide council into policy changes that will limit massive home sizes
Northern B.C. Real Estate Board report touts real estate affordability

Northern B.C. Real Estate Board report touts real estate affordability

Looking to invest in B.C. real estate? Northern B.C.'s average detached home price sits at $290K - a fraction of Vancouver's $1.5M average
Victoria mulls tackling housing crisis with higher density

Victoria mulls tackling housing crisis with higher density

Victoria is considering pre-zoning areas of the city where provision of affordable housing would allow for increased density.
Speculation tax ‘should be eliminated’ in current form, says Nanaimo

Speculation tax ‘should be eliminated’ in current form, says Nanaimo

Both West Kelowna and now the Regional District of Nanaimo (RDN) have asked the B.C. government not to impose the new speculation tax in their regions, with the latter saying that “in its current form, [the tax] should be eliminated.
Vancouver’s Thurlow Street set to see clusters of new high-rises

Vancouver’s Thurlow Street set to see clusters of new high-rises

Since changes in strata legislation that means winding up a condo building no longer requires a 100 per cent vote from owners, the City of Vancouver has seen a flurry of redevelopment applications.