Greater Vancouver Real Estate News

Real estate tips for buying, selling, owninginvesting, renovating and more! Plus stay up to date on the real estate market, new developmentsmortgages, and what's happening in Greater Vancouver.

May 7, 2024

Greater Vancouver Market Update

Discover What's Happening in Greater Vancouver Real Estate

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Posted in Market Update
May 6, 2024

Fraser Valley Market Update

Discover What's Happening in Fraser Valley Real Estate

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Posted in Market Update
March 1, 2024

Property Transfer Tax for BC Home Buyers | Updated 2024

BC Property Transfer Tax is a land transfer tax. Property Transfer Tax is typically applicable when you purchase a home or acquire an interest in a property but there are some exemptions. If the tax is applicable, it's payable when you register the property at the Land Title Office.

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Aug. 12, 2023

The City of Vancouver Speeds Up Permit Process

If anyone has ever tried to obtain a permit at the City of Vancouver, they know the process is slow. In an effort to speed up the process, they are implementing a digital system in 2024 called eComply. This innovative system is the first of it's kind in Canada. Read more...

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April 24, 2023

Anti Flipping Tax Effective January 2023

Starting January 2023, the Anti Flipping Tax will be in effect for homes which apply. This new rule applies to flipped residential property dispositions that occur on or after January 1, 2023.

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Posted in News
April 24, 2023

Canadian Underused Housing Tax - Updated 2023

Starting in 2023, for the 2022 tax year, an annual tax will apply on the taxable value of a vacant or underused residential property that is directly or indirectly owned by a non-resident non-Canadian.

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Posted in News
March 30, 2023

Canadian Foreign Buyer Ban - Updated 2023

In order to curb rising home prices and prevent money from being "parked" in Canada, the government banned foreign buyers on January 1, 2023. Some exemptions applied such as permanent residents, temporary residents and students.

Original Foreign Buyer Ban

View CMHC's article of the original January release.

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Posted in Buying , Investing, News
March 26, 2023

First Home Savings Account & Other Home Buyer Rebates

We wanted to let you know about the new First Home Saving Account, and remind you of the Home Buyer's Amount Tax Credit, in addition to, other valuable home owner and buyer rebates and incentives.

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Jan. 13, 2023

Vancouver Empty Home Tax

The City of Vancouver, BC Canada requires that Vancouver homeowners submit a yearly declaration to determine if their property is subject to the Empty Homes Tax. Any properties which are deemed empty or declared empty, will be subject to an empty home tax.

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Posted in Investing, News, Owning
Jan. 3, 2023

BC's Home Buyer Rescission Period Comes into Effect January 3, 2023

BC’s new Home Buyer Rescission Period (HBRP) for residential real estate property takes effect on January 3, 2023.

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Posted in News