VANCOUVER — The British Columbia Real Estate Association says home sales have come off the boil in many regions of B.C., but for now, prices continue to soar. The real estate association says the Multiple Listing Service recorded 9,900 residential units changed hands in July, a 3.4 per cent decline compared with 2015. The association

Foreign investment accounted for about 10 per cent of Vancouver real estate transactions over a five-week span, according to data released Tuesday by the British Columbia government. Of the $8.8 billion-plus in Metro Vancouver real estate transactions collected between June 10 and July 14, more than $885 million came from foreign purchases, according to the

Foreigners who buy residential property in the Vancouver area will have to pay an extra 15-per-cent tax as part of a B.C. government plan to slow the foreign speculation that many blame for making the region’s homes the most unaffordable in Canada. The change to the province’s property transfer tax announced on Monday means an