je.st
news
Home
› B.C. government, with accounts flush from property tax earnings, cool on petition calling for real estate market intervention
B.C. government, with accounts flush from property tax earnings, cool on petition calling for real estate market intervention
2016-01-06 18:31:49| Real Estate - Topix.net
Metro Vancouver home sales set an all-time record in 2015, the region's real estate board said Tuesday, with the benchmark price for detached properties surging 24.3 per cent year-over-year in December to $1.248 million. Gerry Kahrmann/PNG files A new petition urging B.C. politicians to limit offshore investment and exploitation of tax loopholes in Vancouver real estate is getting a cool reception from Victoria as provincial coffers overflow with property transfer tax revenues in a red-hot housing market.
Tags: real
estate
market
property
Category:Real Estate