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 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 […]

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 […]

Calgary-based Northview Real Estate Investment Trust (REIT) has been acquired in a $4.5 billion takeover by a major shareholder and Kingsett Capital Inc. Starlight Property Holdings Inc. / Toronto / for Western InvestorOctober 1, 2020

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 […]

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 […]