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    • 27JUL
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      Foreign investors pump $885M into Vancouver real estate in five-week span: B.C. report

      Foreign investors pump $885M into Vancouver real estate in five-week span: B.C. report

      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

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    • 25JUL
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      B.C. to target foreign real estate buyers with new tax

      B.C. to target foreign real estate buyers with new tax

      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

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    • 20JUL
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      Vancouver real estate ad touting ‘redevelopment opportunities’ investigated

      Vancouver real estate ad touting ‘redevelopment opportunities’ investigated

      The Real Estate Council of B.C. is investigating a marketing video which advertises “future redevelopment opportunities” that aren’t possible under current city zoning and policies. However, the real estate agents behind the ad maintain they’ve done their due diligence, noting that the concern at City Hall over the video is just a distraction from the issues surrounding the city’s rental

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