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Current Market affecting West Vancouver and North Vancouver Owner's Equity

Blog by June Conway | May 23rd, 2019

Reality is homeowners have seen a downturn in home equity resulting from government intervention re provincial property taxes that have been implemented over the past year, including the speculation and vacancy tax, the increase in the foreign buyers tax and the federal mortgage stress test.

Take a look at the infographic below showing recent equity loss in 15 Metro Vancouver areas including Burnaby, Coquitlam, Delta, Langley, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, Surrey, Vancouver, West Vancouver and Whiterock.

For more details click onto '$89B in home equity lost across Metro Vancouver over the past year'.