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The British Columbia government announced a raft of measures Tuesday that aim to tackle the issue of housing affordability in the province. A tax break for buyers of newly built homes was brought in with immediate effect; it means that Canadian residents who buy a new home for up to $750,000 will save up to $13,000 on transfer tax but they must live in the property for at least one year. The ...

Dear Valued Clients:Please see British Columbia Real Estate Association (BCREA) article illustrating BC residential unit sales up 12% from the same month last year..For immediate release Strong Housing Demand Pulls Inventory to an Eight Year Low Vancouver, BC – October 14, 2015. The British Columbia Real Estate Association (BCREA) reports that a total of 8,553 residential unit sales we ...