November 17th, 2016
The British Columbia Real Estate Association (BCREA) reports that 7,272 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in October, down 16.7 per cent from the same … [read more]
October 4th, 2016
The federal government announced regulation changes for new government-backed insured mortgages today. Effective October 17, 2016, insured homebuyers will have to qualify at the posted five-year qualifying rate. Previously, only variable … [read more]
September 14th, 2016
The British Columbia Real Estate Association (BCREA) reports that 8,945 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August, up 1.5 per cent from the same … [read more]
September 2nd, 2016
Vancouver’s real-estate transfer tax for foreign buyers doesn’t appear to have slowed the market for high-end, high-rise properties. In May, the Holborn Group said it had hit a new high … [read more]
July 29th, 2016
Royal LePage Real Estate Services, in concert with its charitable organization, the Royal LePage Shelter Foundation, is pleased to announce that it is donating over $47,000 to Unity House, an … [read more]
July 29th, 2016
The BC legislature passed legislation last night that institutes the foreign buyer tax. Real Estate Board of Greater Vancouver President Dan Morrison issued the following statement on this development: “Hundreds … [read more]
July 28th, 2016
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 … [read more]
July 19th, 2016
• Canada’s residential real estate market continued to show strong appreciation in the second quarter of 2016, posting the highest national year-over-year gain seen in five years. • The cooling … [read more]
July 11th, 2016
Foreign nationals make up 5.1 per cent of home buyers in Metro Vancouver, according to the first set of real estate transaction data released by the provincial government today. This … [read more]
June 27th, 2016
Generation X buyers of cottages, cabins and chalets across Canada outnumber Baby Boomers by almost two to one, according to the Royal LePage 2016 Canadian Recreational Housing Report released today. … [read more]
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