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New York looking to emulate Vancouver’s Empty Homes Tax

New York looking to emulate Vancouver’s Empty Homes Tax

New York may soon be following in Vancouver’s footsteps after the record-breaking sale of a Manhattan penthouse has prompted renewed calls for a “pied-a-terre tax” on empty homes valued at above $5 million.
Trudeau sells housing plan in visit to hot real estate market in B.C.

Trudeau sells housing plan in visit to hot real estate market in B.C.

Prime Minister Justin Trudeau touted efforts by the Liberal government to help first-time homebuyers put more down on their mortgages during a visit to a region of the country today that is facing a housing squeeze.
B.C. Electric substation-turned-luxury-home up for auction (PHOTOS)

B.C. Electric substation-turned-luxury-home up for auction (PHOTOS)

Having failed to sell yet again, the vendor of the unique Sumas Substation "powerhouse" luxury home has turned to online real estate auction house Concierge Auctions to speed up the process.
What homes can you buy for $480,000?

What homes can you buy for $480,000?

The federal government’s new First-Time Home Buyer’s Incentive, an interest-free loan, limits total borrowing for the home purchase at $480,000.
$1M-plus 鶹ýӳcondo sales plunge by two-thirds

$1M-plus 鶹ýӳcondo sales plunge by two-thirds

鶹ýӳcondo sales above $1 million have plummeted by 66 per cent year over year, according to a report by Sotheby’s International Realty Canada.
Return of sub-$1M detached 鶹ýӳhouse? Only 3 listed..

Return of sub-$1M detached 鶹ýӳhouse? Only 3 listed..

Many Vancouverites are hoping that affordability will improve and they’ll finally be able to buy a detached house in the city.
Real estate slowdown is main drag on B.C.’s economy

Real estate slowdown is main drag on B.C.’s economy

The slowdown in B.C.’s real estate market is the “primary drag on B.C.’s economic growth,” according to a forecast issued March 14 by Central 1 Credit Union.
Oceanfront 'James Bond-style' house with jet skis relisted at $3M off (PHOTOS)

Oceanfront 'James Bond-style' house with jet skis relisted at $3M off (PHOTOS)

Described by the agent as a 'James Bond-style house,” its luxury features include heated outdoor terraces, infinity pool, three firepit areas, and jet skis.
Are more tall wood buildings on the way in B.C.?

Are more tall wood buildings on the way in B.C.?

There could soon be a rise – literally – in wooden residential buildings across the province, after the B.C. government announced changes to the provincial Building Code to allow for mass timber structures of up to 12 storeys, up from the previous limit of six storeys.
Non-residents own 4.9% of Metro 鶹ýӳhomes

Non-residents own 4.9% of Metro 鶹ýӳhomes

While there is a common perception that overseas buyers have snapped up much of Metro 鶹ýӳreal estate, the number of homes owned purely by non-residents across the region is 4.9%.