Vancouver's Property Trends Beat Expectations
Photo: Flickr / sama093Despite a recent slump in sales volume and home prices,
thanks mostly because of the impact of the foreign buyer tax implemented a year
ago by the provincial government , recent sales performance has actually shown
Extra Taxes Barely Deter Asian Buyers
Photo: Flickr / Hamza ButtFor both concerned consumers as well as policy experts, it
was hoped that the adoption of a foreign buyer tax amongst other new
regulations would prevent an excessive amount of foreign buyers from buying
Victoria Overtakes Vancouver in B.C. Real Estate
Photo: Flickr / Tjflex2For the past several years, Vancouver has been the most
highly performing city in Canada when it came to not only real estate sales
volume, but also actual home prices. However, this trend has been changing ever
since the ad...
Vancouver’s Real Estate Activity on the Rise Again
Photo: Flickr / Bernard Spragg Have the provincial government’s efforts at tackling out of
control home prices and affordability issues reached their crescendo already?
According to a poll conducted by real
estate powerhouse Royal LePage, sales ac...
B.C’s Foreign Buyer Tax Faces Legal Challenge
Photo: Flickr / Matt WadeA new class-action lawsuit that has been filed to the
Supreme Court has alleged that the government’s foreign buyer tax is
unconstitutional because it specifically discriminates against non-residents
and Asian buyers in pa...
Vancouver’s Property Market Showing Signs of Recovery
Photo: Flickr / Domo K.In the last few months of 2016, the provincial government of
British Columbia instituted a foreign buyer tax as well as various measures in
an effort to prevent real estate investors as well as property speculators from
Vancouver Sales Plummet
Photo: Flickr / Harshil ShahWhile home prices and sales volume have broken records in
2016, a variety of both real estate and financial analysts have predicted that
the federal government’s new mortgage rules will result in a very different
The New Empty-Home Tax
Photo: Flickr / Nick KenrickCertainly, it appears that the provincial government of
British Columbia as well as the metropolis of Vancouver have both undergone a
taxation bonanza over the past several months. Unfortunately, trends within the
Banks Keeping Watchful Eye on Vancouver, Toronto Real Estate
Photo: Flickr/ Richard ErikssonAs the housing market is showing no signs
of slowing down, banks and investment groups across the country have begun
keeping a closer eye on developments within the real estate sector. While
prices for single family...
Van. Experiences Minor Downturn in Property Sales
Photo: Flickr/ Mark MozNewly released statistics show that Metro
Vancouver has experienced a decrease in total property sales volume for four
consecutive months up to June. Thanks to high demand, however, that has not
stopped sellers from putting...