Home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver rose over thirty per cent in December, compared to the previous year, signalling strengthening demand-side momentum to close … [read more]
The BC Government has set the rental increase limit for 2025 to 3%. This is down 0.5% from the previous years 3.5%. How Often Can a Landlord Raise the Rent … [read more]
A 2024 Review of Real Estate Changes in British Columbia. In 2024, British Columbia has seen several changes to real estate. From the Property Transfer Tax (PTT) Exemptions, to short … [read more]
BC Home Flipping Tax Starting January 1,2025 the provincial government has put in another tax targeted at the housing market. In an attempt to discourage speculators, a tax on … [read more]
The BC residential rental market has been a hot topic lately for a variety of reasons. With a lack of housing supply different business and social circles have voiced … [read more]
New Wildfire Clause for Real Estate Transactions Real Estate transactions that are set to complete in an active wildfire zone may be delayed due to issues with obtaining … [read more]
New Regulations Expected by Summer 2024 for Tenanted Properties Starting Summer 2024 there are some things that will be changing for tenanted properties. 1. The amendments will also … [read more]
Inventory reaches highest level since the pandemic summer of 2020 VANCOUVER, BC – May 2, 2024 – Actively listed homes for sale on the MLS® in Metro Vancouver1 continued climbing … [read more]
Canadian RRSP Home Buyer’s Plan The Home Buyers’ Plan (HBP) is a program that allows you to withdraw up to $60,000 tax-free in a calendar year from your registered retirement … [read more]
The federal budget released on Tuesday did not contain a general tax rate increase for the wealthy, but the government did announce that the capital gains inclusion rate will be going up and … [read more]