Vancouver is raising the empty homes tax that is designed to ease vacancy rates in the city, from three per cent to five per cent of the property's value.

The Canadian housing market continued to cool in May amid rising interest rates, with the average home price slipping to $711,000.

The alphabet soup of investment savings accounts for Canadians looking to buy their first home can seem daunting. Experts say each have their advantages — and limits.

VANCOUVER — The Real Estate Board of Greater Vancouver says home sales in the region fell in April and returned to more historically typical levels for the month.