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Vancouver Real Estate News Recap

Vancouver Real Estate News Recap

Vancouver Real Estate in the News

B.C. government to review real estate measures

VANCOUVER — The British Columbia government is reviewing the foreign buyers’ tax in the Vancouver area and the interest-free loan program to first-time homebuyers to determine whether they have helped improve affordability, the province’s new housing minister says.

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A Brief History Of Foreign Buying Of Vancouver Real Estate

There’s nothing like Vancouver real estate anywhere else in the world. You might think your city has foreign buyers, but it’s nothing like Vancouver. It’s almost as if the world’s most powerful people had a meeting, and decided to create a currency out of the city’s homes. Filtering through quotes from these powerful people, that could be exactly what happened. To help you understand this, we’ve compiled a brief history of foreign buying in Vancouver real estate. You’re really going to want to read this.

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The Arm group - Deep cove / dollarton / Woodlands expert - water front expert - ashley nielsen Nikki mayers

Judge throws shade on North Van tree poisoning

A North Vancouver couple who were found responsible for drilling holes into their neighbours’ tree and poisoning it have been ordered by a judge to pay $25,000 in damages.

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Metro Vancouver makes history as the benchmark price of a home surpasses $1 million in July

For the first time ever, the benchmark price of a home in Metro Vancouver exceeded the one-million-dollar mark, hitting $1,019,400 in July. But with a drop in sales and a boost in supply, the region’s real estate board says the market is reflecting more normal summer levels.

“It was a very interesting statistic seeing the average pop over $1 million,” Jill Oudil, Real Estate Board of Greater Vancouver (REBGV) president tells BuzzBuzzNews.

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For more information about homes for sale in Vancouver contact The Arm Group at

Ashley Nielsen 778.822.5929

Nikki Mayers 778.554.5851

The arm group - north Vancouver real estate - ashley nielsen , Nikki Mayers, deep cove experts, dollar ton, Roche point, woodlands

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