A B.C. Supreme Court ruling will send shock waves through the arm of the Canadian real-estate market that is powered by foreign capital, say immigration lawyers. The ruling targets a weakness in Canadian laws that often leads foreign owners of real estate in cities such as Metro Vancouver and Toronto to
Category: British Columbia News
After tentatively approving the tax at earlier committee meeting, council ultimately rejects it Victoria will not go ahead with a foreign buyers tax after all, even though the tax was given a tentative green light at an earlier committee meeting. The earlier successful vote — made with council sitting as a committee of the
Although sales are down from a year ago, demand is such that prices are higher than ever, says board Real estate sales in the Fraser Valley saw “another solid month” in April, according to figures published by the Fraser Valley Real Estate Board (FVREB) May 2 – and it was
Council votes to impose same 15 per cent tax in effort to cool hot Victoria market Victoria city council has voted in favour of implementing a foreign buyers tax similar to the one implemented in Metro Vancouver in August 2016. The successful vote, which passed five to three, means the
For many British Columbians dreaming of buying their first home, the hardest step is saving for a down payment. That is why the Province is partnering with British Columbians to help make that dream come true, through the B.C. Home Owner Mortgage and Equity (HOME) Partnership program. Eligibility The B.C.
What a hypocrisy!!! Government serious concern over housing affordability is an illusion! It was just announced an increase of up to 50% in property assessments. Historically an increase in property assessment has led to higher property values or less affordability. It appears that the root of all evils is not
New July report on homes sold in North Vancouver, West Vancouver, Vancouver East, and Vancouver West.