by Ephraim Vecina25 Apr 2018 The latest Royal LePage House Price Survey revealed that the aggregate price of a home in Kelowna grew by 9.6% year-over-year in the first quarter of 2018, up to $632,477. Breaking down by housing type, the median price of condo units increased...

Published on: March 27, 2018 | Last Updated: March 27, 2018 12:16 AM PDT VICTORIA — B.C. Finance Minister Carole James will exempt the Gulf Islands and cottages in rural areas from the government’s new speculation tax, part of a suite of reforms she unveiled Monday...

by Canadian Press 18 Apr 2018 by Andy Blatchford The Bank of Canada is maintaining its trend-setting interest rate as its careful assessment of the timing of future hikes continues amid a backdrop of moderating growth. The central bank, which kept its rate at 1.25 per cent...

The Canadian Press VICTORIA -- British Columbia is trying to more directly target urban areas with changes it announced Monday to a proposed tax on property speculation after some municipalities demanded exemptions and the Opposition accused the New Democrats of grabbing family assets. Finance Minister Carol James...

by The Canadian Press 07 Mar 2018 The Bank of Canada kept its key interest rate target on hold as it pointed to a climate of broadening, important unknowns around trade. In explaining its decision to maintain its benchmark rate at 1.25 per cent, the central...

by Steve Randall 16 Nov 2017 BC home sales up 19% in a year Home sales in British Columbia reached 8,677 in October, more than 19% higher than the same month of 2016. British Columbia Real Estate Association says that total sales dollar volume was...

THE CANADIAN PRESS Nov. 16, 2017 7:30 a.m. BUSINESS The Bank of Canada remains cautious about future rate hikes as it measures the risk posed by low inflation that continues to fall short of the central bank’s two per cent target, senior deputy governor Carolyn Wilkins said Wednesday....

by Steve Randall 26 Oct 2017 Interest rates held, economists react to dovish BoC The Bank of Canada held interest rates steady at 1% and signalled a cautious approach to future rate rises. The bank is forecasting a continued rise in inflation, reaching 2% in...

OSFI has published its update for the tightening of mortgage lending regulations known as Guideline B-20 and set the date that it will apply. The revised Residential Mortgage Underwriting Practices and Procedures will take effect from January 1, 2018 and include several key changes that...