Real Estate News

B.C.’s speculation tax impacting summer homes’ prices

Posted on Jul 07, 2018 in Real Estate News

 Who doesn’t dream of a home-away-from-home vacation property on a picturesque lakeside somewhere? 

A recent survey shows that sales of recreational property are on the rise across country and the prices are expected to appreciate by nearly six per cent this year, particularly in Alberta and British Columbia. Alberta is leading the way on recreational...

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Major Cities Report

Posted on Mar 31, 2018 in Real Estate News

Calgary 
Prices in Calgary have remained constant but the rate of turnover has fallen slightly this past month — sales were about 18 per cent lower compared to this time last year. The new listings in part played a role in keeping prices steady. 

The average home sold for $502k this past month and there have been 3,240 new listings since this time la...

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WHAT THE NEW B.C. BUDGET MEANS FOR THE CANADA PROPERTY MARKET

Posted on Mar 14, 2018 in Real Estate News

This month, for the first time since 2001, a NDP government delivered a budget to British Columbians for the coming year. 

The name of the game in the new budget is affordability — huge investments were promised in everything from childcare to healthcare to housing.  

With pledges of money, though, comes a need to generate revenue to fund it. With that...

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