Real Estate

Province to tax foreign buyers of Metro Vancouver homes

Province to tax foreign buyers of Metro Vancouver homes

CBC - The B.C. government took steps Monday to reduce some of the pressure in Metro Vancouver's overheated real estate market, introducing legislation that would add a 15 per cent property transfer tax for for…

Latest News

  • A container terminal is seen at Incheon port in Incheon
    South Korea GDP rebounds in second quarter, respite seen short-lived Reuters

    By Christine Kim SEOUL (Reuters) - South Korea's economy grew at an unexpectedly robust 3.2 percent annual rate in the second quarter, driven by firmer domestic consumption and capital investment, but …

    A container terminal is seen at Incheon port in Incheon

    By Christine Kim SEOUL (Reuters) - South Korea's economy grew at an unexpectedly robust 3.2 percent annual rate in the second quarter, driven by firmer domestic consumption and capital investment, but analysts said the lift would probably be temporary. Gross domestic product expanded 0.7 percent in April-June, following …

  • A hat is pictured in a suspended construction project in Yangon
    Cranes stand idle as Myanmar businesses bemoan economic policy drift Reuters

    By Timothy Mclaughlin YANGON (Reuters) - Aung San Suu Kyi's ruling party will offer a glimpse of its plans for Myanmar's economy this week, in a long-awaited announcement that seeks to reassure businesses …

    A hat is pictured in a suspended construction project in Yangon

    By Timothy Mclaughlin YANGON (Reuters) - Aung San Suu Kyi's ruling party will offer a glimpse of its plans for Myanmar's economy this week, in a long-awaited announcement that seeks to reassure businesses and investors who have grown increasingly worried by a lack of firm policy detail. A burgeoning private sector had …

  • Realtors' signs are hung outside a newly sold property in a Vancouver neighborhood
    British Columbia imposes 15 percent property transfer tax on foreign home buyers Reuters

    By Julie Gordon VANCOUVER (Reuters) - British Columbia introduced a new 15 percent property transfer tax on foreign real estate buyers in Vancouver on Monday, one of new measures geared at increasing …

    Realtors' signs are hung outside a newly sold property in a Vancouver neighborhood

    By Julie Gordon VANCOUVER (Reuters) - British Columbia introduced a new 15 percent property transfer tax on foreign real estate buyers in Vancouver on Monday, one of new measures geared at increasing affordability in the city's red-hot housing market. The new tax will drive up costs for foreign investors, mostly from …

  • Own a $17.5M Private Island in Connecticut Realtor.com

    The sailing vessels that stopped at Darien are long gone, but the private island is now the site of a huge Colonial-style home, listed at $17.5 million. The post Own a $17.5M Private Island in Connecticut …

    Own a $17.5M Private Island in Connecticut

    The sailing vessels that stopped at Darien are long gone, but the private island is now the site of a huge Colonial-style home, listed at $17.5 million. The post Own a $17.5M Private Island in Connecticut appeared first on Real Estate News and Advice - realtor.com.

  • Should You Wait Until After the Election to Buy or Sell a Home? Realtor.com

    Many home buyers and sellers have decided to hold off on doing much of anything until after the election. But is this wait-and-see game a winning strategy? The post Should You Wait Until After the Election …

    Should You Wait Until After the Election to Buy or Sell a Home?

    Many home buyers and sellers have decided to hold off on doing much of anything until after the election. But is this wait-and-see game a winning strategy? The post Should You Wait Until After the Election to Buy or Sell a Home? appeared first on Real Estate News and Advice - realtor.com.

  • How to Buy Land: Tips to Pick the Perfect Plot Realtor.com

    Here's a primer on how to buy land, from which zoning laws to check to how much building a house there will cost. The post How to Buy Land: Tips to Pick the Perfect Plot appeared first on Real Estate …

    How to Buy Land: Tips to Pick the Perfect Plot

    Here's a primer on how to buy land, from which zoning laws to check to how much building a house there will cost. The post How to Buy Land: Tips to Pick the Perfect Plot appeared first on Real Estate News and Advice - realtor.com.

  • Province to tax foreign buyers of Metro Vancouver homes CBC

    The B.C. government took steps Monday to reduce some of the pressure in Metro Vancouver's overheated real estate market, introducing legislation that would add a 15 per cent property transfer tax for foreign …

    Province to tax foreign buyers of Metro Vancouver homes

    The B.C. government took steps Monday to reduce some of the pressure in Metro Vancouver's overheated real estate market, introducing legislation that would add a 15 per cent property transfer tax for foreign nationals buying real estate there. The new rules take effect Aug. 2 and only apply to home purchases in Metro Vancouver, …

  • Metro Vancouver father blames housing market for 'working poor' lifestyle CBC

    Trevor Wilkie faces every day with the dread that he's about to lose his family home in Surrey B.C. The family faces the prospect of being priced out, as B.C. Premier Christy Clark prepares to head back …

    Metro Vancouver father blames housing market for 'working poor' lifestyle

    Trevor Wilkie faces every day with the dread that he's about to lose his family home in Surrey B.C. The family faces the prospect of being priced out, as B.C. Premier Christy Clark prepares to head back to the legislature to grapple with new real estate rules.

  • BRIEF-Risesun Real Estate to raise up to 4.9 bln yuan in private placement Reuters

    July 25 (Reuters) - Risesun Real Estate Development Co Ltd * Says it aims to raise up to 4.9 billion yuan ($733.69million) in private placement of shares to fund four propertyprojects Source text in Chinese: …

    July 25 (Reuters) - Risesun Real Estate Development Co Ltd * Says it aims to raise up to 4.9 billion yuan ($733.69million) in private placement of shares to fund four propertyprojects Source text in Chinese: http://bit.ly/2a7AnpZ Further company coverage: ($1 = 6.6786 Chinese yuan renminbi) (Reporting by Hong Kong news …

  • BRIEF-Tunghsu Azure Renewable Energy's share trade to halt pending major plan Reuters

    (Refiles with correct link) July 25 (Reuters) - Tunghsu Azure Renewable Energy Co Ltd * Says share trade to halt from July 26 pending announcementrelated to major plan Source text in Chinese: http://bit.ly/29ZaZDn …

    (Refiles with correct link) July 25 (Reuters) - Tunghsu Azure Renewable Energy Co Ltd * Says share trade to halt from July 26 pending announcementrelated to major plan Source text in Chinese: http://bit.ly/29ZaZDn Further company coverage: (Reporting by Hong Kong newsroom)

  • Why Calgary's real estate prices haven't been hit as hard as the rest of the economy — yet CBC

    In the past two years, the price of oil has been cut in half while Calgary's unemployment rate has nearly doubled. Real estate sales are down. While far fewer homes are changing hands, the average sale …

    Why Calgary's real estate prices haven't been hit as hard as the rest of the economy — yet

    In the past two years, the price of oil has been cut in half while Calgary's unemployment rate has nearly doubled. Real estate sales are down. While far fewer homes are changing hands, the average sale price in the city has been $479,464 so far in 2016. That's a decline of just 0.5 per cent from the average price in 2014, …

  • BRIEF-Pearl River Industrial Development's Q2 contract sales up 108.3 pct Reuters

    July 25 (Reuters) - Guangzhou Pearl River IndustrialDevelopment Co Ltd * Says Q2 contract sales up 108.30 percent y/y at 1.21billion yuan ($181.19 million) Source text in Chinese: http://bit.ly/2ariXKG …

    July 25 (Reuters) - Guangzhou Pearl River IndustrialDevelopment Co Ltd * Says Q2 contract sales up 108.30 percent y/y at 1.21billion yuan ($181.19 million) Source text in Chinese: http://bit.ly/2ariXKG Further company coverage: ($1 = 6.6779 Chinese yuan renminbi) (Reporting By Hong Kong newsroom)

  • Wanda Commercial says major shareholder China Life in favor of its delisting plan Reuters

    China's Dalian Wanda Commercial Properties Co Ltd <3699.HK> said on Monday one of its largest shareholders intends to approve the developer's Hong Kong delisting proposal, as it aims to dispel uncertainty …

    A woman walks past China Life Insurance Co Ltd headquarters building at Beijing's Financial Street

    China's Dalian Wanda Commercial Properties Co Ltd <3699.HK> said on Monday one of its largest shareholders intends to approve the developer's Hong Kong delisting proposal, as it aims to dispel uncertainty over whether the proposal can gain sufficient votes. In a stock exchange filing, Wanda Commercial said China Life Insurance …

  • China Vanke tussle is big test for new securities regulator Reuters

    A bitter shareholder row at China's largest property developer is a first big test for the country's new securities chief, appointed earlier this year to heal the wounds of last year's stock market meltdown …

    Journalists take photos of Liu Shiyu, chairman of the China Securities Regulatory Commission, as he arrives for a news conference in Beijing

    A bitter shareholder row at China's largest property developer is a first big test for the country's new securities chief, appointed earlier this year to heal the wounds of last year's stock market meltdown and restore investor confidence. A high-profile takeover tussle at China Vanke Co Ltd <000002.SZ> has shone a light …

  • The Best Cities to Invest in Real Estate on a Budget Realtor.com

    Here's why aspiring real estate moguls may want to consider purchasing a rental residence in another, lower-priced city where prices and rents are rising. The post The Best Cities to Invest in Real …

    The Best Cities to Invest in Real Estate on a Budget

    Here's why aspiring real estate moguls may want to consider purchasing a rental residence in another, lower-priced city where prices and rents are rising. The post The Best Cities to Invest in Real Estate on a Budget appeared first on Real Estate News and Advice - realtor.com.

  • Short-term Toronto house rentals jump 350% over last year, Trip Advisor says CBC

    From music festivals to the Caribbean Carnival to the Toronto International Film Festival, thousands have good reason to flock to Toronto. Travel website Trip Advisor said interest in the short-term Toronto …

    Short-term Toronto house rentals jump 350% over last year, Trip Advisor says

    From music festivals to the Caribbean Carnival to the Toronto International Film Festival, thousands have good reason to flock to Toronto. Travel website Trip Advisor said interest in the short-term Toronto rentals listed on its site has skyrocketed, up 350 per cent compared to last year. Trip Advisor is projecting the …

  • BRIEF-Hua Yuan Property expects H1 net profit to rise Reuters

    July 25 (Reuters) - Hua Yuan Property Co Ltd * Says it expects H1 net profit at about 232.0-256.4 millionyuan ($34.73-38.39 million) versus net profit of 132.5 millionyuan year ago Source text in Chinese: …

    July 25 (Reuters) - Hua Yuan Property Co Ltd * Says it expects H1 net profit at about 232.0-256.4 millionyuan ($34.73-38.39 million) versus net profit of 132.5 millionyuan year ago Source text in Chinese: http://bit.ly/2akb1Ii Further company coverage: ($1 = 6.6795 Chinese yuan renminbi) (Reporting by Hong Kong newsroo …

  • BRIEF-China Calxon Group's share trade to resume on July 26 Reuters

    July 25 (Reuters) - China Calxon Group Co Ltd * Says shares to resume trading on July 26 Source text in Chinese: http://bit.ly/29UuCRe Further company coverage: (Reporting By Hong Kong newsroom)

    July 25 (Reuters) - China Calxon Group Co Ltd * Says shares to resume trading on July 26 Source text in Chinese: http://bit.ly/29UuCRe Further company coverage: (Reporting By Hong Kong newsroom)

  • Hammerson says UK property market facing uncertainty after Brexit vote Reuters

    (Reuters) - Shopping centre landlord Hammerson Plc said the impact of Britain's decision to leave the European Union on property valuations was still unknown, but the lettings and investment markets were …

    (Reuters) - Shopping centre landlord Hammerson Plc said the impact of Britain's decision to leave the European Union on property valuations was still unknown, but the lettings and investment markets were facing a period of uncertainty. The company, which partly owns the Brent Cross Shopping Centre in London, said its external …

  • More Chinese buyers enquire about UK property after Brexit vote Reuters

    Interest among Chinese buyers in buying UK property has surged since Britain voted to leave the European Union last month, as the pound's slide has created opportunities to buy at a discount, real estate …

    A crane is seen on a construction site in London

    Interest among Chinese buyers in buying UK property has surged since Britain voted to leave the European Union last month, as the pound's slide has created opportunities to buy at a discount, real estate website juwai.com said on Monday. The number of Chinese enquiries about the British residential and commercial property …

 
Search