劲爆大瓜

Trudeau鈥檚 office, minister taxpayers鈥� ombudsman passing the buck

Public inquiry expected to produce report on extent and causes of problem by May 2021

Most distressed sales believed linked to family issues, not sales and price declines

鈥楧ifferent rules for different parts of the transaction鈥� are a key part of the problem, says real estate association chief

Listing inventory builds up across the province, although some regions remain in seller鈥檚 market territory

The two lengthy reports on how serious B.C.鈥檚 money laundering problem is both dwell on the lack of transparency in real estate ownership. But one of the key moves to correct that is already in the works.

Vancouver is certainly pricey, but average per-square-foot price for a downtown condo pales in comparison with some global cities

Numbers reported by expert panel were calculated using estimates and extrapolations based off an internationally used model 鈥� not the panel鈥檚 investigations into real estate industry

The solution to rampant money laundering in B.C. is to bury the bad guys in forms, disclosure requirements and paperwork. That includes the lawyers and all the other sectors who inadvertently or otherwise get involved in shady real-estate deals.

Three-bed, 2.5-bath prize home is 鈥渘et zero ready鈥� and will be relocated to Kelowna after the 2019 fair