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BC Budget revealed. Three main highlights in relation to real estate:

 

1. Foreign Buyers Tax has increased from 15% to 20% and is now inclusive of the Fraser Valley, Kelowna, Victoria and Nanaimo.

 

2. Property Transfer Tax: Homes over $3million go from 3% to 5%.

 

3. Speculation Tax: 2% in 2019 applies to vacant properties owned by people not paying income tax in BC.

 

 

Read here or contact me for more information:


The B.C. government is offering modest relief on the rising...

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Condo apartment inventory is at an all time low and buyer demand is very strong!  Lack of supply has caused Condos in Vancouver to see the largest annual gain in price growth among all property types in January, with a 27% y-o-y increase.


See how your neighbourhood is doing:


To view the latest Stats Centre Report for Vancouver East, click here.


To view the latest Stats Centre Report for Vancouver West, click here.

 

It's an excellent time to sell!  If you are interested in...

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In 2013, we moved to Vancouver from Toronto. The housing inventory was minimal but Pamela went to great lengths on our behalf and found us a beautiful new Townhouse in East Van (exactly where we wanted to be). We had a wonderful 3 1/2 years and it was time to move back east. Pamela came through again. She provided excellent input in setting a selling price. When the offers were presented her professionalism and knowledge helped soldier us through all of the different offers. We found out afterwards...

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Categories:   BC HOME LOAN Program