November 23, 2017

Vancouver city councillor: land titles show Kits Base property is federal crown land

After the Department of Fisheries and Oceans told CKNW the land the Kits Coast Guard base sits on is owned by the province and leased to the federal government, a Vancouver city councillor says that doesn't match the information he has. Councillor Kerry Jang. "I did some looking around and I found in all documents I could find that it is actually … [Read more...]

BC property values decline

For the first time in many years a significant number of properties in the region are decreasing in value. More than 300 thousand property owners throughout the Vancouver-- Sea to Sky region are beginning to receive their 2013 assessment notices. Chief economist with the BC Real Estate Association Cameron Muir says the majority of residential … [Read more...]

Property taxes going up in Vancouver

Property taxes in Vancouver are going up. The Vision-supported budget will result in a 2.75 percent tax increase, two percent of which is property tax, the rest a utilities increase. Mayor Gregor Robertson says it's good for residents, and the city. "Keeping taxes low, I think just a two percent rate of inflation increase is very modest and … [Read more...]

Port Moody property taxes on the rise

If you're a Port Moody homeowner, get ready to see a big property tax hike next year. Mayor mike clay says the hike is likely going to be over six percent, but it is necessary to maintain existing services after population growth in recent years. "Do you peel the band aid off slowly, or do you rip it off and get it done? That’s what we're … [Read more...]

VPD bust major property theft ring

Four people are facing charges after Vancouver Police busted a major property theft ring. More than $ 100-thousand worth of construction equipment and tools have been recovered by an investigation lasting only six weeks. Two search warrants were executed at residences in Richmond and Burnaby. Detective Constable Phil Ens of the Auto Crime … [Read more...]

Two Langley men facing charges relating to several property crimes

Two Langley men are facing charges in connection with a number of property crimes. 73 year old Roeloff Dendryver and 30 year Derek Hall are the accused. Hall is alleged to have offered to do some engine work on a truck in 2011 and later -- to have reported the truck stolen. Corporal Holly Marks says in March of this year, Dendryver went to a local … [Read more...]

Property crime up in Vancouver

Property crime is up slighlty in the City of Vancouver, thanks to a 25-percent jump in car break-ins. The Vancouver Police say its a reminder not to leave anything valuable in a vehicle. But its not all bad news for crime in the city. Violent crime is down six and a half percent compared to this time last year. CKNW Vancouver News … [Read more...]

Langley undeveloped property sale cancelled

The Township of Langley council has split the difference in a controversy involving undeveloped property in Glen Valley.Mayor Jack Froese says nearby residents wanted the land untouched."There were basically eight lots that were put up for sale.  There’s three on the western lands and five on the eastern lands, and the three on the … [Read more...]

Recreational property sales up in B.C.

A new report is suggesting young families are starting to drive demand for recreational property in B.C.The "REMAX Recreational Property Report" points to greater affordability and strong consumer confidence.Elton Ash is REMAX's regional executive vice-president. "Overall the demand has stayed steady, unit sales are up but prices are down... so … [Read more...]

Commissioner says mayors can’t abandon property tax plan

Translink's Commissioner says Metro Vancouver mayors don't have the legal right to retract support for using property taxes to pay for transit expansions. In April, the mayors withdrew support for using property taxes, by passing a resolution at one of their council meetings. But Translink Commissioner Martin Crilly says they can't do that. "In … [Read more...]