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Speculation Tax. Does this affect you?
March 29th, 2018Ministry of Finance Tax Information Sheet REVISED: March 2018
Speculation Tax Urban centres throughout the province are in a housing crisis. Rents and home prices have surged past local incomes and, in many communities, vacancy rates sit close to 0%. Speculation has contributed to runaway prices and made it difficult for British Columbians to find a home they can afford. This is hurting peop ...
Market Update 2018.01
January 28th, 2018After reaching record levels in 2015 and 2016, Metro Vancouver home sales returned to more historically normal levels in 2017. Sales in December, however, still showed and increase of 17.6% over December 2016.
Last year’s sales total was 9.7% above the 10-year sales average and last year’s listings total was 4.4% below the 10-year listings average.
The benchmark price for a detached home in ...
Lend a Hand Up, Not a Hand Out
August 23rd, 2017I have been accepted on a Habitat Global Village Build in Yogyakarta, Indonesia. This is not about beaches and sunsets; I am getting my hands dirty building rather than selling homes. Tax deductible donations help pay for materials and local working wages. A little help means a lot. Thanks everyone.
Spring Market Update
May 17th, 2017
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Houses Still Strong |
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Fall Market Update
September 7th, 2016
Getting Back to Balance
Everyone needs balance in their life I think we can agree. After a record breaking high in February-March 2016 the market already showed signs of moving towards a more balanced market. Announce a 15% foreign buyer tax and the usual summer lull turns into a media frenzy. However, this truly isn't the end of the world. It doesn't mean 15% off all Vancouver real estate. T ...
Vancouver's Hot Summer Real Estate Market
September 4th, 2013An amazing thing happened this summer. July and August are typically a little quieter given the number of people on summer vacation. However, the hot summer weather also brought on a hot summer real estate market.
Sales of detached properties, for the month of August were up to 69% from August 2012. A 3.1% increase from the number of units sold in August 2011.
Sales of attached properties incre ...
Sales of detached properties, for the month of August were up to 69% from August 2012. A 3.1% increase from the number of units sold in August 2011.
Sales of attached properties incre ...
How to Take Advantage of Today's Market?
September 24th, 2012Now, we understand that bad news sells better than good news but lately the number of stories published by various media publications are simply misleading. The fear that the media loves to sell freezes most people in their tracks unfortunately.
The challenge is convincing buyers and sellers to act. The best time to buy is when nobody else will. When all of your advisors, friends, and f ...
Market Perspective
September 5th, 2012
Back to school, back to work for most Vancouvites started Tuesday morning bright and early. If the weather holds there may be a few extra sick days being logged. Some lucky ones will be getting an extra few days of summer while we gear up for a busy Fall market after what has been the usual summer lull.
Media experts have grabbed a few keywords from the monthly Press Release and, as usual, ma ...
Media experts have grabbed a few keywords from the monthly Press Release and, as usual, ma ...