BC Foreign Buyer Tax Might Actually Cost Canadian Taxpayers Billions
The foreign buyer tax implemented to help cool Vancouver real estate could become a fine that all Canadians will have to pay.
The foreign buyer tax implemented to help cool Vancouver real estate could become a fine that all Canadians will have to pay.
The penthouse at 277 Thurlow Street just listed for $58.8 million. If it sells near there, it’ll set a new record for Vancouver real estate.
Vancouver real estate continued it’s slow slide for a second month in a row. Composite demand is now closer to a balanced territory.
The Vancouver Vacant Home Tax is the latest in a string of taxes aimed at solving the city’s housing crisis.
BCREA’s latest release showed solid sales growth, but declining dollar volumes and prices. It’s confusing, but we clear it up for you.
Is BC real estate cooling down? BC Real Estate Association (BCREA) released its first forecast since the foreign buyer tax was implemented, and they’re still predicting strong growth. While the accuracy of these industry forecasts can be a little bias, they’re predicting an increase in the rest of the province, which will offset any losses […]