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Developer Townline has won city hall approval to construct Victoria’s tallest building at 26 storeys, and maybe its deepest, too. In a 5-3 vote, Victoria council approved a development permit and variances for the 777 Herald St. condo project.

A nearly seven-acre assembly of land that includes the historic Capital Iron building, running from the foreshore of Victoria’s Upper Harbour east to Government Street, is going on the market for an unspecified price.

The historic Merchant’s Bank of sa¹ú¼Ê´«Ã½ building — also known as the Bank of Montreal building — in downtown Victoria is on the market for $15.98 million.

The price for a single-family home in the capital region’s core area reached a new high last month.

The Town of Sidney is calling on sa¹ú¼Ê´«Ã½ to take a second look at its contentious speculation tax, warning that many longtime homeowners who contribute to the community are already planning to sell their properties.

sa¹ú¼Ê´«Ã½â€™s finance minister considered taxing the capital gains of real estate speculators but decided it would do little to improve the tight rental market in the province’s biggest urban centres like Vancouver.

sa¹ú¼Ê´«Ã½â€™s new property taxes — including the revised speculation tax — will add layers of additional costs for buyers of new homes, says a spokeswoman for Victoria’s development industry.

There is now a way for the public to report shady real estate deals. The Real Estate Council of British Columbia Thursday announced the launch of an anonymous tipline “to enhance consume protection in British Columbia’s real estate market.

Greater Victoria home prices hit record levels last month as demand stayed strong and inventory remained tight. Benchmark price for a single-family house in Greater Victoria reached $710,500 in February, up by 10.

A Calgary couple has spent $9 million to acquire a two-acre waterfront estate in North Saanich, making it the highest price for a home sale through the multiple listing service in that municipality.