Real Estate News

‘Different rules for different parts of the transaction’ are a key part of the problem, says real estate association chief

Listing inventory builds up across the province, although some regions remain in seller’s market territory

The two lengthy reports on how serious B.C.’s money laundering problem is both dwell on the lack of transparency in real estate ownership. But one of the key moves to correct that is already in the works.

Vancouver is certainly pricey, but average per-square-foot price for a downtown condo pales in comparison with some global cities

Numbers reported by expert panel were calculated using estimates and extrapolations based off an internationally used model – not the panel’s investigations into real estate industry

The solution to rampant money laundering in B.C. is to bury the bad guys in forms, disclosure requirements and paperwork. That includes the lawyers and all the other sectors who inadvertently or otherwise get involved in shady real-estate deals.

Three-bed, 2.5-bath prize home is “net zero ready” and will be relocated to Kelowna after the 2019 fair

Dr. Peter German is set to release his investigation into money laundering in B.C. real estate. But will it make a difference?

Dr. Peter German is set to release his investigation into money laundering in B.C. real estate. But will it make a difference?

Construction of other non-residential capital projects should keep provincial economy moving in a positive direction