Saturday, July 22, 2017

Cameron Muir Claims B.C.’s Foreign Home Ownership Data is Overstated

Although new data collected by the B.C. government shows that about 20% of home-purchases in certain metro Vancouver areas are made by offshore investors,...

Concern About Loopholes in New B.C. Tax Legislation

Recently, British Columbia announced its new fifteen-percent tax on foreign buyers of residential properties in the metro Vancouver area: any buyer who is not...

Growing Concerns in Vancouver’s Housing Market

There have been some growing concerns about Vancouver’s real estate sector, and Canada’s national housing agency recently released a report which contains “strong evidence”...

Foreign Buyer Tax Passed by B.C. Government

B.C. Minister of Finance Mike de Jong recently approved a new fifteen-percent property transfer tax on foreigners who purchase property in Metro Vancouver in...