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Welcome in Canada? Victoria businessman battling foreign-homebuyer tax

Welcome in Canada? Victoria businessman battling foreign-homebuyer tax

A Victoria businessman, who claims he is being financially bullied by the government, has launched a legal fight over the province’s 20 per cent foreign- homebuyer’s tax.
Five-year fixed rates to drop to 2.77%, then hold steady: BCREA

Five-year fixed rates to drop to 2.77%, then hold steady: BCREA

91Ô­´´ mortgage rates are still falling, but will then level off for at least a year, predicts association
Cannabis stores available to purchase for first time on B.C.’s MLS

Cannabis stores available to purchase for first time on B.C.’s MLS

Commercial brokerage aims to capitalize on growing marijuana market
Speculation and vacancy tax still open to change: finance minister

Speculation and vacancy tax still open to change: finance minister

Carole James in 91Ô­´´ to meet with mayors of affected municipalities to discuss impact of tax on communities; working with housing ministry on various policy decisions
B.C. home sales ‘continue to recover’ from policy shock: BCREA

B.C. home sales ‘continue to recover’ from policy shock: BCREA

Residential transactions are higher than a year ago but still down compared with pre-mortgage stress test activity
REW.ca expands home search site across Canada

REW.ca expands home search site across Canada

Real Estate Wire ( REW.ca ), the leading 91Ô­´´ real estate portal for listings, new home developments, and agent connections and insights, today announced the launch of its nation-wide availability.
One in five Millennial home buyers commits mortgage fraud: survey

One in five Millennial home buyers commits mortgage fraud: survey

Nearly 20 per cent of young buyers inflate income on mortgage application, and nearly a quarter of Millennials say that’s OK, finds Equifax
This is the most a landlord can raise your rent next year

This is the most a landlord can raise your rent next year

Province announces max rent hike percentage for 2020
Home sales in every B.C. region to recover in 2020: forecast

Home sales in every B.C. region to recover in 2020: forecast

Total home transactions across province expected to rise 11 per cent versus 2019, with average sale prices also predicted to increase in every area
Provincial government sets housing rental increase at 2.6% in 2020

Provincial government sets housing rental increase at 2.6% in 2020

If you rent your home in B.C., you could be paying as much as 2.6 per cent more next year. That’s the maximum rate that landlords are allowed to increase rent in 2020, as set by the B.C. government Wednesday.