Monday, February 29, 2016

Vancouver’s Real Estate Situation is Unprecedented

There are plenty of studies, anecdotes and reports into just how unaffordable Vancouver’s real estate market has gotten recently.
But the most obvious example of Vancouver’s spiraling real estate prices might just come from a monthly report that has existed for 39 years.

Friday, February 26, 2016

Will you benefit from the B.C. budget's changes to real estate sales?

B.C.'s government will collect new information on citizenship of home buyers as well as modestly raise property transfer taxes on luxury homes and in turn exempt taxes on new homes that cost under $750,000 in proposed measures to address housing affordability in the 2016 budget. 

Click here for full story

Thursday, February 25, 2016

Hot real estate market isn’t showing signs of slowing

Vancouver’s hot real estate market isn’t showing signs of slowing. January saw year-over-year growth of more than 20 per cent for the Metro region, according to the Canadian Real Estate Association.
That brings the average price of a home in Metro Vancouver to $775,300.

See Full Story Here...