The low-interest loan program introduced by the B.C. government to help first-time home buyers get into the market appears to be having a big impact on entry-level condos. While government intervention in the real estate market put a chill on prices this summer, it looks like the new loan initiative is heating up prices again.
VICTORIA — B.C. is considering refunding the foreign buyer tax to some buyers, says the finance minister. Mike de Jong said Wednesday the refund idea is one of several reforms under his consideration as part of changes to the six-month-old 15 per cent foreign buyer tax on real estate sales in Metro Vancouver. It comes after Premier Christy Clark announced
Vancouver is the third most unaffordable among a survey of major world cities, according to an international study. And with affordability deteriorating faster than any other major city, Vancouver also has the worst housing bubble risk, the study says. Meanwhile, a new poll shows that millennials across B.C. say Vancouver is the first place they would like
