BC speculation tax

(March 27, 2018, posted in Tips)

On Monday, the provincial government announced it is making some changes to the speculation tax, which was first announced last month as part of the budget.

The government expects to introduce legislation in the fall to make the tax part of law and they say 99 per cent of British Columbians will be exempt from paying the tax. The tax will be applied on properties that are not the primary residences... read more.

buyer's, seller's or balanced real estate market?

(March 01, 2018, posted in Tips)

Several factors influence the housing market, including mortgage interest rates, inflation, employment, investment, construction, immigration, government assistance programs, and the health of local and world economies. All of these influence the supply and demand of the market which, in turn, affects prices.

There are three classifications experts use to describe the balance of supply and demand i... read more.

5 things you need to know about Canadian real estate in 2018

(January 22, 2018, posted in Tips)

This year will bring some new challenges and opportunities for housing. Here are five things you need to know about Canadian real estate in 2018.

More local than ever

First, there's no such thing as a Canadian real estate market. You buy one home on one street in one neighbourhood in one city. This is true now more than ever.

What happens in Canada's largest and hottest housing markets, Toronto and V... read more.

43 yrs of b.c. real estate assessments

(January 08, 2018, posted in Tips)

Outrage over property evaluations from B.C. Assessment is no new matter in the province.

Thousands of B.C. homeowners experienced a centuries-old tradition this week: the annual shock of getting their real estate assessments and vowing to combat them.

As CBC's Jason Proctor reports, this year thousands of homeowners are expected to contest the property evaluations that will determine how much they... read more.

appealing your 2018 property Assessment notice?

(January 03, 2018, posted in Tips)

B.C. Assessment put a dollar value on 2,044,482 properties in this province last year.

It's a large number, and the sheer volume of data about B.C. property values that comes out every year at this time can be overwhelming.

B.C.'s 5 most expensive residential properties in 2017

But aside from the fact that Chip Wilson's house continues to be astronomically valuable, here are a few other key facts t... read more.