Greater Vancouver Real Estate Blog

Why Realtors are Necessary. 

Posted on Mar 02, 2018


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Understanding the Terminology. ( average, median and benchmark.)

Posted on Mar 02, 2018

Real estate can be difficult at times, specially with some of the difficult terminology. here are a few common examples. 

Average price

This price is found by taking the total dollar sales volume and then dividing this number by the total amount of sales. This number can sometimes be biased if a lot of lower-priced homes or higher priced ones have bee...

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When is it right to invest.? 

Posted on Feb 22, 2018

With real estate at an all time high, is it a good time to invest? Can you still make a reasonable return? 

I get asked these questions every time I meet with perspective clients. Well the answer is not always so clear cut. With one side of the argument pointing towards a likelihood of a jump in rates determined by multiple upcoming project selling a...

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BC budget includes new real estate taxes and spending commitments.

Posted on Feb 21, 2018

The government released a 30-point housing strategy aimed at reducing housing demand, curbing tax fraud, building affordable housing, and increasing security for renters. 
Affordable housing
  • The province is investing $6 billion in affordable housing to create 114,000 homes over the next 10 years.
  • The province will enhance local government capacity to b...

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Government Announces Immediate Changes to Property Transfer Tax

Posted on Feb 21, 2018

Budget 2018 announced changes to Property Transfer Tax that come into effect on February 21, 2018, including:
  • Property transfer tax rate on the value of residential properties above $3 million increased.
  • Additional property transfer tax rate increased and area expanded.
  • The Property Transfer Tax Act is amended to enhance administration and information...

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