Today, we’re diving into some interesting developments in the world of real estate, right here in Greater Vancouver. If you’ve been following the housing market (or even if you haven’t!), there are some surprising trends worth chatting about. Let's break it all down and see what this means for our community. The Unexpected Rise So, guess what? The number of homes sold in Greater Vancouver in...
Real Estate
If you’ve been keeping up with the latest news, you might have heard about Vancouver’s ambitious housing targets set by the B.C. government. While the journey has been rocky, there are glimmers of hope on the horizon. Let’s dive into what’s happening and what it means for our beautiful city. The Ambitious Plan Last fall, the B.C. NDP government announced a bold plan to tackle housing...
Change is inevitable, especially in a dynamic industry like real estate. Here in Greater Vancouver, we're not just participants in the market; we're pioneers shaping its future. That's why we're thrilled to share some big news: the Real Estate Board of Greater Vancouver (REBGV) is now rebranded as Greater Vancouver REALTORS®. This change isn't just about a new name—it's about reflecting our commitment...
Welcome to a journey into the future of Greater Vancouver's commercial property market as we step into 2024. This dynamic landscape, sculpted by diverse economic trends and urban development policies, is ripe for a deep dive. So, let's put on our forecasting hats and peer into what the future holds for this bustling metropolis's real estate scene. The Post-Pandemic Recovery: A Breath of Fresh...
House with rental agreement and cash Real estate investment and finance concept In the bustling city of Vancouver, where the skyline is as diverse as its population, a significant legal tussle has unfolded, one that pits municipal intentions against provincial powers. At the heart of this conflict lies the issue of rent control—a topic that resonates deeply with both landlords and tenants, stirring...
For too long, a little-known loophole has allowed strata corporations to push off creating depreciation reports indefinitely. These reports are essential as they detail the anticipated long-term repair and maintenance needs of strata properties, helping everyone budget and plan accordingly. But here’s the good news: starting July 1, 2024, existing strata corporations with five or more lots will need...
Owning a home in Canada isn't just a dream; it's a journey that comes with its own set of challenges, especially when it comes to finances. But here's some good news: Whether you're taking your first steps into homeownership, looking to upgrade, or simply trying to make your current space more livable, there's a treasure trove of grants and rebates waiting to be discovered. Today, we're diving into...
In the heart of Vancouver, where the skyline is as diverse as the people walking its streets, a legal battle has been quietly unfolding, one that could have ripple effects on renters and landlords alike. At the core of this issue is the City of Vancouver's ambitious attempt to rein in the city's soaring rent increases through municipal bylaws introduced in December 2021. The city aimed to use its...
Hey, dream chasers and home seekers! Today, we're taking a deep dive into the ever-evolving landscape of Port Moody's real estate scene. From the highs of frenzied buying sprees to the subtle shifts brought on by rising interest rates, there's no shortage of intrigue in the Tri-City housing market. So, grab your coffee and let's unravel the latest updates together. A New Chapter Unfolds With the...
Hey there, savvy investors and financial aficionados! Today, we're diving into the nitty-gritty of the recent federal budget changes that are shaking up the world of capital gains tax. If you're like me, your ears perk up at the mention of tax reforms, and boy, do we have some juicy updates to unpack. Understanding Capital Gains: A Quick Refresher Before we jump into the juicy details of the...