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New home starts in capital region highest since 1976

New home starts in capital region highest since 1976

The number of new homes started in Greater Victoria last year surpassed 4,200, the highest rate since 1976 and one that exceeded expectations.
Assessments could trigger higher rents in capital region

Assessments could trigger higher rents in capital region

A surge in the assessed values of Victoria鈥檚 rental buildings, coupled with new rules around rental rates, could translate into reduced investment in existing buildings and fewer new developments, says the head of Landlord B.C.
Metro 91原创 new home sales down 19% in 2018 鈥 and will fall more: report

Metro 91原创 new home sales down 19% in 2018 鈥 and will fall more: report

Consumers increasingly less willing to pay for higher-priced units in new developments, says Altus Group
$4M-plus home sales in 91原创 plummet by half in 2018: Sotheby鈥檚

$4M-plus home sales in 91原创 plummet by half in 2018: Sotheby鈥檚

鈥淭op-tier鈥 of city鈥檚 real estate hit by 鈥渁 barrage of government and regulatory interventions compounded by mortgage rate hikes,鈥 says luxury brokerage
Rate of B.C. seniors deferring property taxes skyrockets

Rate of B.C. seniors deferring property taxes skyrockets

The cost of housing is hitting seniors hard as the rate of those using property tax deferral has skyrocketed, while the reliance on rent subsidies for seniors is growing too fast. That鈥檚 according to a new report by B.C.
Check out this $18.6M luxury mansion, perfect for winter (PHOTOS)

Check out this $18.6M luxury mansion, perfect for winter (PHOTOS)

Indoor pool with ocean vistas and a sunroom with fireplace 鈥 this newly listed home knows the weather
Victoria homeowners appealing 鈥榮urreal鈥 property assessments

Victoria homeowners appealing 鈥榮urreal鈥 property assessments

A Victoria homeowner is gearing up for a fight with B.C. Assessment after the property valuation she received in the mail last week 鈥渟imply did not reflect reality.
Opinion: Land Value Capture idea gaining traction as housing affordability crisis continues

Opinion: Land Value Capture idea gaining traction as housing affordability crisis continues

Proposed tax would target landowners making a windfall when land values skyrocket due to rezoning or new infrastructure, says BC Government & Service Employees' Union
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.
Comment: B.C. cities not alone in global real estate slowdown

Comment: B.C. cities not alone in global real estate slowdown

If you think southern B.C. cities are the only ones experiencing declining sales and prices, think again