A Foreign Buyer Will Pay $900k in TAXES on This Vancouver Teardown
The Vancouver Vacant Home Tax is the latest in a string of taxes aimed at solving the city’s housing crisis.
Vancouver Real Estate Saw 31% Fewer Dollars Than Last Year
BCREA’s latest release showed solid sales growth, but declining dollar volumes and prices. It’s confusing, but we clear it up for you.
Toronto Condo Demand Outpaces Vancouver Real Estate Peak
Toronto real estate was scorching in August, with the condo market being no exception. The average price is now $417,869
Toronto Real Estate Market Was Scorching Hot In August
While not as hot as Vancouver, Toronto’s real estate market is still scorching – with more demand and less available inventory.
China’s Largest Overseas Real Estate Firm Sees A Surge In Vancouver
After the foreign buyer tax, inquiries for properties under a million dollars soared at Juwai – China’s largest overseas real estate portal.
Defaulting On Homes In Alberta May Be Smarter Than You Think
Alberta’s non-recourse mortgages mean many people can walk away from their mortgages with minimum consequences in the event of a crash.
How Many Weeks of Pay Does a Millennial Need For A Downpayment?
Canadian real estate prices have soared so high, the average Millennial now needs to wait at least 10 years to save a downpayment.
Canadian Housing Bubble Is Fueled By Household Debt
The Canadian housing bubble extends far beyond Vancouver, and we look at one of the primary contributors – low mortgage rates.
Why Are Canadian Pensions Selling Vancouver Real Estate? Cap Rates
Large Canadian pensions are looking to reduce exposure to Vancouver real estate, we look at one of the reasons why – cap rates.
Canadian Pensions Selling Billions Worth of Vancouver Real Estate
Canada’s large public pensions are beginning to lower exposure to the Vancouver real estate market, setting off new alarms of the bubble pop.
