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Poilievre promises to abolish federal sales tax on new homes under $1 million

Poilievre promises to abolish federal sales tax on new homes under $1 million

OTTAWA — A Conservative government would scrap the federal sales tax on new homes sold for less than $1 million and push provinces to do the same, Pierre Poilievre said Monday.
Concord Pacific's new Burnaby EV parking facility is among world's largest

Concord Pacific's new Burnaby EV parking facility is among world's largest

Nearly 2,000 parking spaces have been designated for residential use with 24/7 access to EV charging.
New home prices in Â鶹´«Ã½Ó³»­down 0.2% in September, says StatCan

New home prices in Â鶹´«Ã½Ó³»­down 0.2% in September, says StatCan

Prices of new residential homes in Â鶹´«Ã½Ó³»­unchanged from a year ago
Buyer’s market emerges in Â鶹´«Ã½Ó³»­luxury real estate, says top brokerage

Buyer’s market emerges in Â鶹´«Ã½Ó³»­luxury real estate, says top brokerage

Sales over $4 million fell 13% this past summer, according to Sotheby’s.
Â鶹´«Ã½Ó³»­office market at ‘turning point’ as investment recovers

Â鶹´«Ã½Ó³»­office market at ‘turning point’ as investment recovers

Leasing activity also expected to pick up following anticipated rate cuts
Victoria condo owners seek compensation for property-value drop due to new rental rules

Victoria condo owners seek compensation for property-value drop due to new rental rules

The owners of 22 strata units argue legislation limiting the strata units’ use amounts to expropriation
Â鶹´«Ã½Ó³»­industrial vacancy rate surpasses 3% for first time since 2015

Â鶹´«Ã½Ó³»­industrial vacancy rate surpasses 3% for first time since 2015

Metro Â鶹´«Ã½Ó³»­industrial vacancy rate still among lowest in Canada, says Avison Young
Kamloops prepares for housing boom as old government building comes down

Kamloops prepares for housing boom as old government building comes down

Hundreds of homes to be built in two-phase project starting in 2025
Metro Â鶹´«Ã½Ó³»­developers propose shifting construction fees directly to homebuyers

Metro Â鶹´«Ã½Ó³»­developers propose shifting construction fees directly to homebuyers

Metro Â鶹´«Ã½Ó³»­developers say they should not be on the hook for development cost charges levied on new home construction projects to pay for growth-related infrastructure; however, one developer has pitched a proposal that such fees first be financed by government then paid by homebuyers, upon purchase.
Don’t rule out 75bp cut in overnight rate, says CIBC economist

Don’t rule out 75bp cut in overnight rate, says CIBC economist

Wednesday's interest rate decision by Bank of Canada could pack a large punch