The empty homes tax to be in place in 2017 Mortgage Broker News Vancouver is proposing to tax homeowners by as much as two per cent of assessed value for units that they declare as vacant. Mayor Gregor Robertson announced new details of the tax ahead of its introduction to city council next week, with […]
The ?average? price has dropped due to fewer high-end home sales Justin da RosaREP The province may have recorded fewer sales and lower prices, but B.C.’s real estate board remains optimistic. “The decline in the average home price was due to a change in the composition and location of homes sold in the province,” Cameron […]
The empty homes tax to be in place in 2017 Canadian Real Estate Wealth Vancouver is proposing to tax homeowners by as much as two per cent of assessed value for units that they declare as vacant. Mayor Gregor Robertson announced new details of the tax ahead of its introduction to city council next week, […]
Canada?s anti-money laundering agency conducted on-site examinations between 2012 and June 2016 Alexandra PosadzkiMortgage Broker News Canada’s anti-money laundering agency conducted on-site examinations of more than 800 real estate companies over four-and-a-half years and found “significant” or “very significant” deficiencies during 60 per cent of those visits, new data shows. A document obtained by The […]
Plan is to put tax in place by 2017 and tax 10,800 homes Glen Korstrom Vancouver Courier Vancouver’s long discussed tax on empty homes is inching closer to reality. Mayor Gregor Robertson held a Sept. 14 press conference to discuss the tax, which Vancouver city council is expected to discuss and enact next week. The […]
Sex offender has a right to live in strata Tony Gioventuother Dear Tony: No one in our strata has been prepared to talk about this issue, but we have found out we have a convicted sex offender living in our townhouse complex. Our strata is predominantly families and seniors. We think the council knew six […]
Canadian Real Estate Wealth National Revenue Minister Diane Lebouthillier has asked the Canada Revenue Agency to look into the actions of real estate speculators in B.C. following a newspaper investigation. The Globe and Mail reported on the weekend that some foreign investors allegedly profit in buying homes in B.C. while evading taxes.The federal minister […]
other The British Columbia Real Estate Association (BCREA) reports that 8,945 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August, up 1.5 per cent from the same month last year. Total sales dollar volume was $5.1 billion in August, down 6.7 per cent compared to the previous year. The average MLS® […]
Buckle up, brokers, you may not agree with this hot take Justin da Rosa Mortgage Broker News One of the country’s most infamous housing bears tackles the housing markets in Vancouver and Toronto, and investigates whether supply is truly an issue. “The most egregious bubble in housing in Canada, perhaps in the world, is in […]
Housing Action for Local Taxpayers HALT Naoibh O?Connor Vancouver Courier Justin Fung, a tech worker in his mid-30s, is one of the organizers behind the HALT (Housing Action for Local Taxpayers) housing rally taking place at 2 p.m., Sept. 17, at the Vancouver Art Gallery. The group wants housing to be a top issue in […]