On February 20, 2018, BC’s NDP government released its first budget since being elected last year. Two real estate items that have received a lot of attention are the announcements of a new speculation tax and the expansion of the existing foreign buyers tax.

In a press release, the provincial government said that the new speculation tax will come i...

Real estate on the Sunshine Coast has been hot for two years but the combination of new mortgage stress tests paired with raising interest rates could push the first part of 2018 into a buyer’s market.

Sales across the Lower Mainland were strong in 2017 but RE/MAX projects that price growth could slow by more than half compared to last year . This w...

Starting in 2018, buyers applying for a mortgage with one of Canada’s federally regulated mortgage lenders will have to pass a new “stress test.” In examples on its website, RateHub.ca explains that buyers could see their pre-approval amount drop by 21 per cent in 2018.

RBC anticipates a “brief run-up in activity” for the rest of the year as buyers...