Category Archives: All 2019 Blog Posts
Speculation tax a failure, critics contend
B.C. tax on vacant homes raised $88 million in 2019 but did little to reduce home prices or improve rental affordability, housing experts say Andrew Duffy Times Colonist and WI Staff Western InvestorJanuary 12, 2021 While popular – and profitable for the provincial government – B.C.’s two-year old speculation tax and vacancy tax has not met its […]
December home sales in Chilliwack reach 16-year high
December home sales in Chilliwack reach 16-year high With low supply and high demand, prices continued to increase across the Upper Fraser Valley ERIC WELSH Jan. 5, 2021 3:30 p.m. LOCAL NEWS NEWS December 2020 was a record month for Chilliwack real estate. According to the Chilliwack and District Real Estate Board (CADREB), 279 sales […]
Lest We Forget
Northern B.C. home sales rise to record levels in Q3
Housing sales in northern B.C. hit the second-highest level on record in the third quarter, but data also reveals reasons for concern By Frank O’Brien Western InvestorOctober 9, 2020 Residential sales across northern B.C. reached near all-time records in the third quarter but concerns are rising about market sustainability if the COVID-19 pandemic persists. “The third […]
Happy Thanksgiving!
Northview REIT sold for $4.5 billion
Fraser Valley home sales increase leads province
August sales were up 56 per cent in the Fraser Valley and 63 per cent in Chilliwack as price increases hit double-digits WI Staff Western InvestorSeptember 14, 2020 The Fraser Valley, including Chilliwack, posted impressive sales increases in August as total home sales across B.C. soared from the same month a year earlier. B.C. home sales […]
Happy Labour Day!
Transformative Lifestyle Choices Spur 2020 Land Rush.
Investors: farmland still trumps gold
The price of gold has increased 30 per cent so far this year, but farmland has traditionally proven the best investment over the long term because of a steady income stream Robert Arnason Western Producer Western ProducerAugust 17, 2020 Imagine it’s the year 2000 and there are two investors, with $1 million each. One investor buys $1 […]