MORE REAL ESTATE NEWS

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  Pending federal tax reforms targeting Airbnb hosts encouraging, B.C. minister says

  Owning a short-term rental is about to become a lot less lucrative due to pending federal tax rules, CTV News has learned.

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  B.C. seeing 'balanced' real estate market, association says

  British Columbia real estate sales and prices bumped up slightly in October compared with a year ago in what is being described as a balanced market.

• B.C. regulator fines mortgage broker $66K over failure to share complete financial information

  A B.C. mortgage broker has been ordered to pay nearly $66,000 to a provincial regulator for misconduct.

• Mortgage broker's negligence cost homebuyers $5K, B.C. tribunal rules

  A B.C. mortgage broker was negligent when attempting to secure a mortgage for two people looking to buy a property with a mobile home on it, and that negligence resulted in the buyers having to pay an extra $5,000, B.C.'s small claims tribunal has ruled.

• Supply outpacing demand in Vancouver housing market, real estate board says

  The Real Estate Board of Greater Vancouver says the region continues to see an increase in newly listed properties, but sales still lag behind long-term trends.

• B.C. to table housing law targeting 'outdated zoning rules'

  The British Columbia government is introducing legislation aimed at easing the housing crisis by spurring the development of small-scale and multi-unit homes.

• Mortgages far out of reach for median income earners in Vancouver: report

  A new report is highlighting the widening gap between the average price of Vancouver real estate and what the average earner can afford.

• Court awards $1.8 million in West Vancouver real estate fraud case

  A dispute between real estate development partners over a pair of planned luxury homes in West Vancouver's British Properties has resulted in more than $1.8 million in damages for civil fraud.

• B.C. home sales slowed by high cost of borrowing: real estate association

  Home sales in British Columbia were up in September by more than 10 per cent from the same time last year

• B.C. condo owner can't use her unit as an Airbnb, tribunal rules

  A B.C. woman who bought a condo with plans to use it as an Airbnb part-time has lost her bid for an exemption to the strata's bylaws prohibiting short-term rentals.

• Vancouver housing market more balanced after spring and summer slowdown: real estate board

  The Real Estate Board of Greater Vancouver says a jump in new listings is helping to bring some balance back to the region's housing market.

• A parking spot in Whistler, B.C., just sold for $195K

  Less than three months after a $32-million mansion shattered the record for the most expensive property ever sold in Whistler, B.C., another record has fallen.