The Central Bank had previously slashed the trend-setting rate by 150 basis points to support the economy, when the pandemic first started, bringing rates d...
Nearly completed and long awaited, this beautiful complex built by NRB Modular Solutions boasts a 4 storey, 75 unit project located at 2170 Charters Road is the first example of modular methods where the homes are guilt off site.
This project began construction last February 2021. The project is in a partnership between the M’akola Housing Society...
In British Columbia you can expect property and home ownership taxes to be extraordinary, since housing inequality is an accute phenomenon here on the West Coast. From basic property taxes, to Property Transfer tax when you purchase a home, or GST on new builds, you can also expect additional taxes for luxury homes ove...
Recently the Feds and the Province of BC released their Financial Budgets.
How does this impact local market housing?
FEDERAL BUDGET
NO change to Capital Gains Tax
A national, annual 1% tax on the value of non-resident, non-Canadian owned residential real estate that is considered to be vacant or underused, effective Janua...
As of Thursday November 5th 2020, the Sooke School Board 62 has declared that its 2 schools, elementary and middle schools, have been named, and are presently being built in the new subdivision area of Westhills, Langford. They are due to complete by September 2022.