Our real estate market looks vastly different from what it did this time last year. While this may not be good news for sellers, its definitely better news for buyers. This time last year, anybody who was in the market may have been caught up in the frenzy and overwhelmed by frustration. Buying opportunities are here again.
The B.C. government has introduced the details around the controversial speculation tax. Finance Minister Carole James introduced legislation on Tuesday that lays out the tax applied to homes that are left empty in British Columbia but which really doesn't address many of the concerns brought forward by various municipalities.
In a perfect pairing, high design and haute couture have brought their fashion sense to one of the more utilitarian spaces of the house—the closet—transforming it from a storage work horse to a chic clothes horse.
This metamorphosis, driven by homeowners’ desires to show off their invaluable valuables in an organized and opulent manner, has literall...
So much for tougher mortgage rules biting into buyer demand in BC’s housing market.That’s mostly a thing of the past, at least so far as the British Columbia Real Estate Association (BCREA) is concerned.
“The downturn in housing demand induced by the mortgage stress-test is now largely behind us,” says Cameron Muir, BCREA’s Chief Economist, in a s...