Stay up to date: January 2024 Market Insights from Greater Vancouver & Fraser Valley.
Real Estate Blog
Find answers to your questions regarding Real Estate
Our BC Real Estate Blog is dedicated to providing our readers and clients in the Lower Mainland with all the information you need to understand the local real estate market. We’ll make sure you receive reliable news, timely market statistics, info regarding new developments/ presales in BC, key updates about neighbourhoods, community news and our own original analysis to tie it all together! We will also publish a selection of helpful articles for new buyers, investors, tips on improving the value of your home and so forth. Your comments on what you would like to see are most welcome!
Homes with Secondary Suites, also known as “Homes with Mortgage Helpers” or “Homes with 2 kitchens”
BC Gov New action plan delivers more homes for people, faster
2024 Housing Market Forecast from several sources
Stay up to date: December 2023 Market Insights from Greater Vancouver & Fraser Valley.
Stay up to date: November 2023 Market Insights from Greater Vancouver & Fraser Valley.
BC Annual Property Taxes must be paid annually for each owned property, including manufactured homes.
PTT is a provincial tax imposed when there is a change of ownership of real estate property in British Columbia.
The Government of Canada has introduced an underused housing tax on the ownership of vacant or underused housing in Canada.
The City of Vancouver implemented the Empty Homes Tax (EHT) with the goal of re-purposing empty properties into long-term rental homes for residents of Vancouver.
The BC Speculation and Vacancy Tax aims to convert empty homes into housing for residents and ensure fair contributions from foreign owners and those with primarily foreign income to B.C.’s tax.
At times, a property owner may construct a wall, fence, walkway, or structure that partially encroaches upon adjoining property.
B.C. is facing a housing crisis, with a shortage of all forms of attainable housing, including long-term rentals.
Material Latent Defects & Latent Defects & Patent Defects in Real Estate
Know the law in BC in regards to stigmatized properties.
Stay up to date: October 2023 Market Insights from Greater Vancouver & Fraser Valley.
Understand the tactics: Buyers & Sellers. A lowball offer refers to an offer that is significantly below market price.
The First Home Savings Account (FHSA) is specifically designed to help first-time homebuyers save for their down payment, tax-free.
Stay up to date: September 2023 Market Insights from Greater Vancouver & Fraser Valley.
Stay up to date: August 2023 Market Insights from Greater Vancouver & Fraser Valley.
BC Real Estate Blog and Resources
The BC Greater Vancouver & Fraser Valley Real Estate market is dominated by multi-family housing developments, including high-rise condos, townhouses and low-rise apartment blocks. Real estate properties that are sold before construction is completed are referred to as Presales.
There are new developments all over Lower Mainland! See here just a few… contact us if you would like to receive our news letters or become a VIP member for presales.
With our monthly news letters and BC Real Estate blogs we’ll try to keep you up to date with the interesting and exciting Real Estate news, market updates and trends, buying a home & selling a home tips.
Surrey is the fastest growing city in Metro Vancouver and is on track to surpass the City of Vancouver’s population within a decade. While this is happening, the City of Vancouver is busy updating neighborhood plans and zoning to encourage the construction of new, multi-family housing across the city, particularly on the Cambie Corridor, where it hopes to create 30,000 new housing units by 2041. The extension of SkyTrain from VCC-Clark to Arbutus, scheduled to be complete in 2025, will also spur redevelopment along the Broadway Corridor. There has been some criticism that the recently released Broadway Plan does not go far enough in terms of encouraging the type of density that Vancouver needs to meet its housing shortage.
Langley will get the first two residential highrise towers, 26 and 34 storeys! The development, known as The Towers at Latimer, is located at 201st and 80th Avenue.
Pinnacle Lougheed in Burnaby will be home to the tallest tower west of Toronto once complete. The project will be located adjacent to Lougheed Town Centre SkyTrain station and the City of Lougheed development.
When the Oasis towers in Concord Pacific’s “Concord Brentwood” development in Burnaby are complete, residents will have access to a 120,000 square foot “beachfront” and a 400-metre track and walking path!
If you’re thinking about buying a presale, give us a call and we’ll be happy to give you detail information and walk you through the entire process.
Interested in the Canadian Real Estate news? check these out:
- Real Estate Business News on CNBC
- Better Dwelling Featuring news and opinions from Toronto and Vancouver
- Canadian Real Estate Wealth Magazine brings investment news, market updates and market reports
- Real Estate News – Greater Vancouver Realtors® (GRV)