Our committment to thought leadership
We have assembled a collection of thought provoking articles, reports, surveys, industry information, and other interesting content for your enjoyment.
![[Royal LePage] Proposed Taxes Expected to Have Major Impact on B.C. Real Es...](https://rpsrealsolutions.com/img/blog/2018/03/RLP-Home-for-Sale.jpg)
by Yvonne von Jena | March 29, 2018
According to Royal Lepage, new tax policies in British Columbia are expected to put pressure on Canadians to sell their secondary properties within the province.
by Yvonne von Jena | March 19, 2018
Existing home sales fell by 6.5% in February, marking the second consecutive monthly decline after a surge in activity that took place late last year as buyers rushed to close deals ahead of the new B20 borrower stress test rules that were implemented in January. In its Weekly Bottom Line, TD Economics alludes that the worst is likely in the rear view mirror, but regions like British Columbia and Ontario could see further pressure.
by Yvonne von Jena | March 13, 2018
The B.C. budget is introducing two new major taxes on real estate. One is a so-called “speculation tax” that will apply to an estimated 15,000 homes, which mostly targets people who do not pay income tax in the province. The other, billed as a “new tax on luxury homes”, will apply to almost 43,000 homes.
by Yvonne von Jena | February 21, 2018
The provincial government in British Columbia unveiled its 2018 budget, announcing that the 15% tax on foreign buyers will increase to 20% and will be expanded beyond Metro Vancouver. It also will bring in new, concrete measures to "close the loopholes" that allow private lenders connected to launder money.
![[CMHC] Affordability Gap Aiding 'Unequal Society'](https://rpsrealsolutions.com/img/blog/2018/02/1970 vs 2005.png)
by Yvonne von Jena | February 12, 2018
In a recent interview with BNN, Evan Siddall, CMHC’s CEO, spoke about how the mortgage rules have affected markets and why he's worried about a rising affordability gap. He told BNN, “Unfortunately, there is a disproportionate effect on a certain generation: young people.”
by Yvonne von Jena | February 8, 2018
High-rise apartments are perhaps one of the most noticeable symbols of urban intensification. The Canadian numbers bear this out. The top 3 are Toronto, London, and Vancouver.
by Yvonne von Jena | February 5, 2018
Quebec’s regulator, the Autorité des marchés financiers (AMF), could apply the same stress testing and mortgage rules to credit unions in its province, as was recently applied to Canada’s big banks by their regulator. Per Reuters, the country’s other provinces with strong property markets (that is, Ontario and British Columbia) are split on whether to require such tougher stress tests for the institutions they regulate.
by Yvonne von Jena | January 29, 2018
On January 17th, the Bank of Canada increases overnight rate target to 1.25%. Here’s how we got here and where rates are expected to go.
![[Inman] A Click-To-Buy And Sell Real Estate World](https://rpsrealsolutions.com/img/blog/2018/01/Inman - The Future Click-to-Buy of Real Estate.png)
by Yvonne von Jena | January 23, 2018
The US real estate magazine Inman, recently published an article entitled Piecing together the future: A click-to-buy real estate world. The author, Brad Inman, essentially pieces together what he thinks the US real estate industry might look like in the coming years and the impact it will have on realtors. Summing it up, he says. “I am certain the industry is morphing, quite fundamentally, and not around the edges.”
by Yvonne von Jena | January 11, 2018
OSFI has announced that it will be introducing higher capital requirements for Canadian FIs under Basel 3.