July 2016

all you need to know about bc's property transfer tax

Posted on Jul 25, 2016 in Tips

The Property Transfer Tax (PTT) is a land registration tax paid by a property buyer or owner when a property title is registered at the Land Title and Survey Authority (LTSA). 

How much is the PTT?

The PTT is charged on the fair market value of a property at a rate of:
  • 1% on the first $200,000
  • 2% on the balance up to and including $2,000,000
  • 3% on the ba...

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'north shore' home seller supply

Posted on Jul 15, 2016

We have experienced intense demand for homes across the North Shore over the past year and a half.  Throughout this period the supply of homes has often struggled to meet this demand in certain North Vancouver and West Vancouver neighborhoods.

Interestingly ,the volume of listings entering the market has however begun to increase in recent months. Ha...

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Market highlights - metro Vancouver - June 2016

Posted on Jul 05, 2016

Greater Vancouver Real Estate Board 'Market Highlights' just released for the past month shows 'June 2016' home buyers continue to compete for homes listed for sale across the Metro Vancouver housing market.

Residential property sales in the region totaled 4,400 in June 2016, an increase of 0.6 per cent from the 4,375 sales recorded in June 2015 and...

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