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Capital region home sales continue slide on higher rates, new rules

Capital region home sales continue slide on higher rates, new rules

For 12 consecutive months now, monthly real estate sales in Greater Victoria have dropped compared to the same month the year before. A total of 498 properties changed hands through the Victoria Real Estate Board in November — down by 25.
Time to soften – or scrap – one-year-old mortgage stress test, says building industry

Time to soften – or scrap – one-year-old mortgage stress test, says building industry

Measure has already done its job of cooling housing market, and rise in interest rates means it’s going too far, argue builders
Opinion: What 91Ô­´´â€™s impressive Empty Homes Tax revenue tells us

Opinion: What 91Ô­´´â€™s impressive Empty Homes Tax revenue tells us

Not even the City’s seemingly optimistic projections had predicted this much revenue – but does that make the tax a success?
91Ô­´´â€™s empty homes tax revenue higher than expected

91Ô­´´â€™s empty homes tax revenue higher than expected

City anticipates collecting $38 million — $8 million higher than predicted
Greater Victoria vacancy rate rises slightly as rents jump 7.5 per cent

Greater Victoria vacancy rate rises slightly as rents jump 7.5 per cent

Greater Victoria’s ultra-tight rental vacancy rate has loosened slightly in the past year, while the average rent climbed by 7.5 per cent. The overall vacancy rate in the capital region is now at 1.2 per cent, up from 0.
Whistler condo prices skyrocket as retirees, investors drive demand

Whistler condo prices skyrocket as retirees, investors drive demand

Median price is up 26.5 per cent from a year ago, nearly twice the increase of detached home prices
Private twin islands near Desolation Sound listed for $31.9M (PHOTOS)

Private twin islands near Desolation Sound listed for $31.9M (PHOTOS)

North island has spectacular 13,000-square-foot rustic-luxury home – but there’s no ferry access
$10.79M downtown Victoria penthouse sale doubles the previous record

$10.79M downtown Victoria penthouse sale doubles the previous record

Presale deal is for 4,422-square-foot luxury home atop Customs House building on Government Street, to be complete in 2020
Many mortgage renewers can expect better rate in 2019, despite recent hikes: poll

Many mortgage renewers can expect better rate in 2019, despite recent hikes: poll

Most homeowners renewing mortgages in 2019 will find recent hikes won’t push their new payments higher, says RateHub.ca
Opinion: Mortgage mathematics not adding up for older generations in B.C.

Opinion: Mortgage mathematics not adding up for older generations in B.C.

Is the older generation as comfortable in homeownership as generally perceived?