Vancouver Real Estate

By Ralph Tsai | Housing & Living in Metro Vancouver

Vancouver Aquarium will no longer keep whales, dolphins in captivity

CEO says public debate and conflict with park board 'is debilitating our work on our mission'<p>The Vancouver Aquarium is giving up its fight to keep …

Aquariums

Bank of Canada makes interest rate announcement

The Bank of Canada pushed forward with another quarter-point interest rate increase and said more hikes are likely coming, even as it cautioned it …

Handsworth Secondary School in North Vancouver to be replaced

The provincial government has committed $62.3 million dollars to replace North Vancouver's Handsworth Secondary with a brand new school by September …

Canada

B.C. consumers fearful of not being able to pay bills as interest rates expected to rise, says poll

About 40 per cent of respondents say they are within $200 of financial crisis<p>One-quarter of British Columbians expect to go further into debt in 2018 …

Canada

Big Six have now all raised mortgage rates as Bank of Canada decision looms

The “Big Six” Canadian banks have now all hiked mortgage rates ahead of a Bank of Canada policy announcement on Wednesday.<p>Canadian Imperial Bank of …

Mortgages

Housing market to hit slow patch on back of interest rate hike, new mortgage rules

TORONTO — Canada’s real estate market will hit a slow patch in 2018 as tighter mortgage stress tests apply pressure and the impact could be …

Mortgages

Coquitlam condo owners suffer assessment shock from 2018 appraisals

Katherine Munro knew the assessment on her Coquitlam condo was going to rise but was floored in December to get a warning from B.C. Assessment that …

Real Estate

Status First Nations to remain tax exempt on marijuana sales

Saskatchewan's marijuana legislation was announced earlier this week and the province said in an email that it hasn't made any decision yet regarding …

Cannabis

Richmond city council opposes growing cannabis on farmland

Richmond city council agreed Monday to make a recommendation to the federal and provincial governments for no farm use for the production of …

B.C. year in review 2017: housing in Vancouver, where a one-bedroom unit costs $2,090

A recovery and an awakening.<p>Two words to describe Vancouver’s housing market in 2017.<p><b>Coverage of Vancouver real estate on Globalnews.ca:</b><p>New real …

Real Estate

The top end of Vancouver’s richest home market just took a big hit

It was tough at the top for people who sold their luxury homes in Vancouver last year.<p>Overall, sales within the luxury market grew from 4,282 in 2016 …

Real Estate

Dan Fumano: If foreign home ownership is a $45-billion ‘tip of the iceberg,’ Vancouver expert hopes ‘we’re not on the Titanic’

If $45 billion in foreign-owned Metro Vancouver housing represents the “tip of the iceberg” — to use the recent words of one federal official — then …

Real Estate

B.C. Green leader suggests ban on foreign real estate buyers

Andrew Weaver says Vancouver's foreign buyer tax doesn't go far enough<p>If B.C. Green Party Leader, Andrew Weaver had his way, a ban on foreign buyers …

Vancouver

Illegal Richmond ride-hailing company denies having Chinese-only policy

A Richmond-based ride-hailing company insisted Tuesday that it does not have a policy against picking up non-Chinese passengers.<p>That was one day …

Uber

City of Vancouver in middle of the pack when it comes to density

Report says the city has the highest density in Canada, but just half that of New York and London<p>The City of Vancouver is the densest city in Canada, …

Cities

Over 81,000 Canadian Real Estate Buyers Would Have Failed The New Stress Test

Canadian real estate buyers with large down payments, will now be stress tested at banks. Numbers obtained from the Bank of Canada (BoC) show this …

Mortgages

$500M recouped worldwide from tax cheats due to Panama Papers — but none of it in Canada

CRA says audits 'take time' and it likely won't have anything to report until at least 2020<p>A dozen governments around the world say they've recovered …

Corruption

Million-dollar line of detached houses spreads like wildfire across Metro

Almost three-quarters of the single, detached homes in Metro Vancouver are now assessed at $1 million or higher, a 50-per-cent increase from 2014. …

Real Estate

Vancouver development community shocked by 'new normal’ in real estate prices

Last week, members of Vancouver’s real estate and development community squeezed into a crowded downtown hotel ballroom to hear some astounding …

Foreign buyer loses deposit after walking away from North Vancouver deal

A woman who argued she should not have had to go through with a real estate deal after the foreign buyers’ tax added $400,000 to her costs has had …

Vancouver

Property assessments show biggest gains in condo market

LOWER MAINLAND (NEWS 1130) – In the coming days, homeowners be getting their property assessments in the mail — in fact, you can already check them …

Real Estate

The Fastest Way to Make Your House Smell Amazing

The holiday season means lots of things, namely food, celebrations and the arrival of guests. We bet you’ve tidied up the living room and prepped the …

Recipes

Court permits sale of West End strata over objections of some owners

A small group of West End Vancouver condo owners have lost their bid to stop their building from being sold by a majority of their neighbours.<p>In …

Real Estate

What's going to cost you more, less, in 2018 in B.C.

Property taxes, grocery going up; but MSP, natural gas going down<p>As 2018 approaches, some expenses in B.C. will be going up, but this year some …

Canada

Take Control of Your Tiny Kitchen With Our Best Tips of 2017

One of the biggest challenges of living in a small apartment is dealing with a small kitchen, and in 2017, we shared plenty of advice about how to …

Renovations

Inside Vancouver

There's nothing quite like skating out onto fresh ice. It's engrained into Canadian culture like poutine and Ann Murray. #VanADVENTures is headed to …

November Sees Rush of Home Purchases across BC

Vancouver council to vote Tuesday on budget with 3.9 per cent tax hike

Vancouver council is set to vote Tuesday on the city’s 2018 budget, which includes a 3.9 per cent property tax increase and a 7.9 per cent hike for …

New mortgage rules 2018: A practical guide

Come Jan. 1, 2018, most Canadians getting, renewing or refinancing a mortgage will have to prove that they would be able to cope with interest rates …