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Real Estate News

Who’s paying the B.C. Speculation and Vacancy Tax?

Who’s paying the B.C. Speculation and Vacancy Tax?

Province announces most homeowners’ declarations have been filed – but there’s still time for latecomers
Developer of Northern Junk site to host open house on plans

Developer of Northern Junk site to host open house on plans

Revised proposal calls for 47 homes with commercial space at the base, along with adaptive reuse of historic warehouses
Greater Victoria buildings permits surge

Greater Victoria buildings permits surge

Greater Victoria’s construction sector is firing on all cylinders, according to numbers compiled by the 91Ô­´´ Island Construction Association.
Inventor says taxman has ruined his life and business

Inventor says taxman has ruined his life and business

Trudeau’s office, minister taxpayers’ ombudsman passing the buck
B.C. government announces probe of money laundering

B.C. government announces probe of money laundering

Public inquiry expected to produce report on extent and causes of problem by May 2021
Few foreclosures reflect Metro 91Ô­´´ homeowner tenacity

Few foreclosures reflect Metro 91Ô­´´ homeowner tenacity

Most distressed sales believed linked to family issues, not sales and price declines
‘Swiss cheese’ regulatory system allows dirty money into real estate: BCREA CEO

‘Swiss cheese’ regulatory system allows dirty money into real estate: BCREA CEO

‘Different rules for different parts of the transaction’ are a key part of the problem, says real estate association chief
Damp April for B.C. home sales, average price down 6.2 per cent: BCREA

Damp April for B.C. home sales, average price down 6.2 per cent: BCREA

Listing inventory builds up across the province, although some regions remain in seller’s market territory
Find 91Ô­´´ real estate expensive? Check out these exorbitant markets

Find 91Ô­´´ real estate expensive? Check out these exorbitant markets

91Ô­´´ is certainly pricey, but average per-square-foot price for a downtown condo pales in comparison with some global cities
Opinion: ‘$5B dirty money in B.C. real estate’ guesstimate based on standard formula

Opinion: ‘$5B dirty money in B.C. real estate’ guesstimate based on standard formula

Numbers reported by expert panel were calculated using estimates and extrapolations based off an internationally used model – not the panel’s investigations into real estate industry