Vancouver real estate is seeing inventory hit a high for the year. Numbers from the Real Estate Board of Greater Vancouver (REBGV) show that a decline in sales is causing listings to build at a rapid rate. Despite soaring inventory, prices still climbed more than the Vancouver median family income year-over-year. Prices Increased 2.1% The benchmark price
VANCOUVER — The B.C. Real Estate Association says the province’s housing market has tumbled from record highs posted in 2016 to return to what it calls historic, long-term averages. The association says 4,487 condos, townhomes and detached homes were sold in B.C. in January, down 23 per cent compared with the same period last year.
Premier Christy Clark announced Sunday that foreigners with work permits who live and work in B.C. will be exempted from the province’s 15-per-cent homebuyers tax. Clark made the statement during a scrum at Vancouver’s Chinatown Lunar New Year Parade in response to questions on U.S. President Donald Trump’s travel ban on people from seven predominantly Muslim
