The B.C. government will give the City of Vancouver the powers it needs to implement an empty home tax, provincial Finance Minister Mike de Jong announced this morning. “It strikes us that if the city wants to do this, it is a reasonable request on their part,” said de Jong, who has requested the Speaker’s office
The Home Inspectors Association of B.C. is calling for the province to implement a mandatory post-bid “cooling off period” so prospective homebuyers can get a property inspected before they purchase it. The association says homebuyers are increasingly bypassing inspections to win bidding wars in the red-hot housing market in Metro Vancouver. “The market is so hot, if
On June 29, B.C. Premier Christy Clark announced steps to combat fraudulent and unethical behaviour in the B.C. real estate industry. The proposed policies to strengthen consumer protection and confidence are absolutely the right thing do. Purchasing or selling a home is among the most significant financial decisions we make. It comes with enough risk
