Property Transfer Tax & GST

Posted on Jan 16, 2020

I often get asked questions about final numbers and while I pride myself on my knowledge of real estate transactions I leave many of the financials to the expert mortgage broker I use.

Maureen Young has been my #1 go to since I started in real estate and is one of the best in the business. She's been able to help lots of my clients get the best deal...

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Greater Vancouver Sales and Listings Report for 2019

Posted on Jan 06, 2020

Happy New Year! All the best for a successful 2020 ahead! 

In the immortal words of John Lennon – “another year over, and a new one just begun… Let’s hope it’s a good one.” For the third straight year, real estate sales in Metro Vancouver suffered through a collection of government policies aimed at achieving affordability and stability in the marke...

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Vancouver Real Estate Market 2019/2020 The Facts

Posted on Dec 16, 2019

                            How It Actually Is!

  1. Due to uncertainty caused by aggressive taxation of Real Estate in BC, tightening of financing (Stress test), and a naturally cooling market, 2018-2019 resulted in the slowest two years in the Vancouver Real Estate marketplace since 1999.
  2. When buyer’s confidence is shaken, they go to the sidelines and wait. As time goes by, this...

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Greater Vancouver Sales and Listings Report for October 2019

Posted on Nov 04, 2019

Average is the new up! And above average could be the start of a new trend in Greater Vancouver real estate. Attached are the Sales and Listings Statistics updated to the end of October 2019. This October in the Greater Vancouver real estate market saw a significant increase in the amount of sales compared to October of last year. Buyers are clearl...

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CMHC forecasts growth in latest housing outlook

Posted on Oct 31, 2019

After seeing housing activity decline in 2018 and 2019, Canada’s housing markets are expected to recover in 2020 and into 2021, according the latest Housing Market Outlook report from Canada Mortgage and Housing Corporation (CMHC).

Bob Dugan, CMHC’s chief economist, said that all indications pointed toward modest GDP growth in 2020 and 2021 that, al...

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September Data Confirm That Housing is in Full Rebound

Posted on Oct 16, 2019

September Data Confirm That Housing Is in Full Rebound

Statistics released today by the Canadian Real Estate Association (CREA) show that national home sales rose for the seventh consecutive month. Activity rose another 0.6% month-over-month in September to 512,000 units (seasonally-adjusted and annualized). This was the highest level in 21 months a...

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