West Vancouver puts hold on 390-unit apartment project
Posted on Jul 19, 2019 in Real Estate
One of the largest rental projects proposed for West Vancouver in decades suffered two major setbacks this week.
This project named the Taylorwood Place project was looking to replace around 20 single-family homes in a residential area near Park Royal with five terraced apartments, with a proposed 156 units of purpose-built market rental and 234 own...
The highest- and lowest-priced homes sold in B.C.: July 7 to 13
Posted on Jul 18, 2019 in Real Estate
BCBusiness’s weekly snapshot of what’s selling around the province
During last week Vancouver and Victoria had the most expensive residential real estate sales last week. Also the two Vancouver properties sold quickly: a Point Grey townhouse went for $1.7 million in a single day, while a Yaletown condo fetched its asking price of $1,271,900 in three...
B.C.’s speculation tax brings in $115M, mostly from owners outside province
Posted on Jul 14, 2019 in Real Estate
]The B.C. government says it expects to collect $115 million from the first year of the speculation and vacancy tax, nearly all of which is coming from homeowners living outside the province.
The Ministry of Finance said Thursday all of that revenue will go towards new housing projects across B.C., and that less than 0.2 per cent of British Columbia...