Category Archives: Housing
Metro Vancouver townhouse prices soar in November
Metro Vancouver townhouse prices rallied in November 2020, amid a pandemic-fueled push for somewhat affordable larger homes. The OpenHousing Home Price Index for townhouse properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method[1]https://faculty.wharton.upenn.edu/wp-content/uploads/2013/05/Brown_2013_House_Price_Index_Methodology_1.pdf – rose 9.22%
Airbnb asked Canada for a bailout. Canada slapped Airbnb with a tax.
It’s about to get a lot more expensive to stay at short-term rentals in Canada as Ottawa announced a new tax on Airbnb and other short-term accommodation platforms. “In order to ensure that the GST/HST applies consistently and effectively with
Canada to tax foreign homeowners
Canada will start taxing foreign nationals who use Canadian homes to park their wealth, according to the federal government’s fiscal update released on Monday. “Too often, the price of homes is out of reach for Canadians, in particular for those
City of Vancouver defends decisions to pack advisory panel with Airbnb operators
The City of Vancouver is defending its decision to allocate half the spots on a 14-member short-term rental community working group to Airbnb operators while only selecting two renters to voice the views of those impacted by vacation rental platforms.
Airbnb operator flouts health orders as neighbours cry foul over City of Vancouver’s inaction
By Sean Bennett Residents of a Vancouver residential neighbourhood are expressing their anger and frustration at City of Vancouver’s failure to shut down a popular vacation rental operated through Airbnb and other platforms continues to violate COVID-19 public health orders.
City of Vancouver appoints scofflaw Airbnb host to monitor short-term rental regulations
The City of Vancouver has appointed a scofflaw Airbnb host to the the City’s Short-Term Rental Working Group set up to “monitor the effectiveness and impact” of the City’s short-term rental regulations. The City today published the names of the
Metro Vancouver condo prices edging down in November
Metro Vancouver condo prices are projected to decline in November 2020, a preliminary analysis of housing market data shows. The OpenHousing Home Price Index for condo properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method[1]https://faculty.wharton.upenn.edu/wp-content/uploads/2013/05/Brown_2013_House_Price_Index_Methodology_1.pdf –
BC Liberal candidate George Affleck voted against affordable housing, empty homes tax, Airbnb regulations and prioritizing presales for locals
George Affleck, the BC Liberal candidate for Vancouver-Fairview, voted against affordable housing, empty homes tax, Airbnb regulations, and prioritizing presales for local residents, the former Vancouver city councillor’s voting record shows. Affleck, who served as city councillor from 2011 to
Metro Vancouver detached price rally slows down in September
The surprise surge in Metro Vancouver detached housing market is showing signs of a slowdown in September after an epic rally in August from a pandemic low. The OpenHousing House Price Index for detached properties – calculated using the generally-accepted
Chinese Communist Party, satellite families and Vancouver real estate: Court case reveals nexus
A recent divorce case offers a glimpse into the nexus between the Chinese Communist Party, satellite families and Vancouver real estate. In the case recently argued at the Supreme Court of British Columbia in Vancouver, Bin Bin Tang had applied
