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Speculation Tax - Government of B.C.

All the links and headlines below will give you a update on the latest news

  • Economist pleased to see measures he proposed included in B.C. speculation tax

  • Premier John Horgan defends speculation tax amid backlash,    Is the Government backing away?

  • West Kelowna councillors demand exemption from B.C.'s speculation tax

  • B.C. finance minister hints speculation tax being redrawn for vacation homes implications

     

  • Urban Development Institute

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Victoria Homes for Sale

Victoria Real Estate Market Adapts to Changing Policy Landscape A total of 545 properties sold in the Victoria Real Estate Board region this February, 19.3 per cent fewer than the 675 properties sold in February last year. The sales of condominiums were down 15.5 per cent from last year in February with 174 units sold. Single family homes were 24.4 per cent down from the year previous, with 260 sold this February.

“We certainly anticipated that we would see some lower numbers this year compared to last,” says Victoria Real Estate Board President Kyle Kerr. “Right now prospective home buyers are met with many hurdles as they start shopping for their new home. They’re in a market that’s experienced long-term low inventory,…

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