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, 2023 deadline. All owners on title must each make a separate declaration.
Do this online via gov.bc.ca/spectax.
The tax expanded in January to more communities experiencing housing shortages, including North Cow...
The million dollar question is "how far will prices drop and when will they start to rise again?"
Now let's be real, if we all knew the answer to this question, none of us would ever have to work again! So let's take a look at some statistics and see what economists are predicting.
The MLS benchmark price fell 9% for condos from its peak in April 202...
Now another type of home sale that isn't as closely documented as MLS home sales is presales.
A presale is when a Developers sells a property to the Buyer even before it is built or completed. Tracking presale activity is a great gauge of Buyer and Developer sentiment.
In the 1st half of 2022, over 11,100 presale units in Greater Vancouver sold. In t...
❤︎ Dear clients, friends, business partners, vendors, colleagues, coaches, and internet friends: Thank you for your business, referrals, feedback, shares, kind comments, and likes in 2022 ♡♡♡ ︎. What an honour to serve the community!
Looking forward to serving more people and small businesses to buy and sell property this year!
Just note, the assessed property values released have increased on average across Greater Vancouver and these values simply don't match up with today's property market values as the data collected is from July of the previous year.
Regardless of the type of home you're in, you may find errors in these...