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]
VANCOUVER, BC – March 4, 2024 – While Metro Vancouver1home sellers appeared somewhat hesitant in January, new listings rose 31 per cent year-over-year in February, bringing a significant number of … [read more]
BRITISH COLUMBIA NEW BUDGET IN 2024 ADDRESSES HOME FLIPPING AND PROPERTY TRANSFER TAX. BC Home Flipping Tax As part of the Homes for People plan, and to discourage speculators from driving up … [read more]
In the midst of the Lower Mainland’s rain-kissed embrace of the new year, astute homebuyers are uncovering the unexpected advantages that January brings to the real estate landscape. Contrary to … [read more]
Greater Vancouver Real Estate in Review 2023 2023 started off with a bang – a few changes to our Real Estate Rules and Regulations, as well as some changes … [read more]