Cari Mai PREC* - Vancouver Realtor®

BC Speculation and Vacancy Tax: Deadline March 31, 2022

Posted on Mar 29, 2022 in Resources

If you are a homeowner in the Province of British Columbia, you have to declare your BC Speculation & Vacancy tax exemption by the March 31, 2022 deadline.

All owners on title must each make a separate declaration. Do this online via gov.bc.ca/spectax.

What is Home Equity?

Posted on Mar 28, 2022 in Resources

Home Equity is the difference between the value of your home and the remaining mortgage balance on it. Your Home Equity increases as you pay off your mortgage and as your home goes up in value.

Let's do some math. Let's say that the value of your home is $1,000,000 in Vancouver. That means probably a two bedroom condo. You have currently $300,000 le...

March 2022 - Vancouver Real Estate Market Update

Posted on Mar 16, 2022 in Market Update

Hi, it's Cari Mai and this is your Vancouver real estate market update for March 2022.

The number of monthly MLS home sales in Greater Vancouver finally surpassed the 5,000 mark for the first time last month since November 2021. Month over month, we're seeing the number of homes selling increase across all home types. Market momentum in late -Januar...

Sales Achievement Award 2021

Posted on Mar 07, 2022 in Resources

A huge THANK YOU to my clients, business partners, friends, realtor colleagues, family, coach, and mentor for helping me reach another milestone in my career in 2021.

Looking forward to another year of great changes and growth in 2022!

Bank of Canada Increases Policy Rate by 0.25% - First Rate Hike Since 2018!

Posted on Mar 03, 2022 in Resources

The Bank of Canada increased the overnight lending rate by a quarter percentage to 0.5%.

"The Bank is continuing its reinvestment phase, keeping its overall holdings of Government of Canada bonds on its balance sheet roughly constant until such time as it becomes appropriate to allow the size of its balance sheet to decline."

The Bank stated that fu...