Foreign buyers not swayed by 15-per-cent housing tax, data show | The Globe and Mail
The proportion of foreign buyers in the Vancouver region is at its highest level since the province's 15-per-cent tax on these purchasers came into effect a year ago, with experts and industry insiders saying international interest is strong in the surging condo...
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Victoria real estate: Fewer listings, fewer sales in October | Times Colonist
Fewer listings translated into a slow month of home sales in October, according to figures released Wednesday by the Victoria Real Estate Board. There were 664 properties sold last month, a drop of nearly 10 per cent compared with the same time last year. At the same...
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Chinese real estate investment slowdown likely short-lived | Vancouver Sun
The Chinese government crackdown on capital flight from that country has combined with the 15 per cent foreign buyers’ tax on residential properties to dampen buyer demand in Vancouver’s sizzling real estate market. But two senior executives at Macdonald Commercial, a...
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300 Macdonald Realty agents gather for annual conference
VANCOUVER, B.C., Canada – (October 2, 2016) – Macdonald Realty hosted 300 of their top real estate agents from around BC at their annual Agent Conference at the Hilton Vancouver Metrotown in Burnaby. The keynote speakers were Lindsey Smith and Kirsten Faverin of CIR...
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Already-tight student rental picture expected to worsen this fall | Vancouver Sun
Metro Vancouver is heading for a rental housing crisis this fall as a “perfect storm” of factors pushes an already record low vacancy rate even lower, says a leading Vancouver-based real estate firm. “There has traditionally been a shortage of rental housing for...
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Active Victoria Real Estate Listings Slide Below 2,000 Mark | Times Colonist
[soliloquy id="5879"] With less than 2,000 active listings, Victoria’s real estate market remains firmly weighted in favour of the seller, according to data released Tuesday by the Victoria Real Estate Board. There were 1,921 active listings at the end of last month,...
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Capital region homeowners consider locking in after interest-rate hike | Times Colonist
First-time homebuyers and owners about to renew their mortgages are nervous about the first benchmark interest-rate hike, a Victoria mortgage broker said Wednesday. The increase, the first in nearly seven years, might prompt some people to lock in their mortgage...
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Victoria ranked second in world for luxury real estate | CHEK News
A new report from Christie’s International lists Victoria as the second hottest luxury real estate market in the world. When you think of a luxury home you probably picture a house on the ocean, or a large estate, but with the Victoria real estate market booming, the...
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Election result provides no easy answers to housing issues | Vancouver Sun
At least one major Vancouver real estate firm believes that the election results mean that housing policy in the province will remain uncertain for the foreseeable future. “The one thing you want the government to provide is certainty in policy,” said Dan Scarrow,...
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Macdonald Realty nominated for Top Luxury Brokerage Award
VANCOUVER, B.C. – (March 28, 2017) – Macdonald Realty was nominated for the Luxury Portfolio International® Top Luxury Brokerage Award, presented for overall engagement in Luxury Portfolio; embracement of tools, meetings, events, advertising and brand usage; and...
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