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Taxes
Thursday, March 9, 2023
Vancouver based businesses could be taxed at a rate 50 per cent lower than the city’s usual general purpose tax rate. (2 minute read)
Home Selling
Wednesday, March 8, 2023
To attract buyers and ensure you receive a price that works best for you, your Realtor will help establish your home’s current market value.
Legislation & Regulations
Tuesday, February 28, 2023
Floodplain mapping can help assess risk and better understand a home's value. (3 minute read)
Taxes
Friday, February 3, 2023
All property owners in taxable regions must declare by March 31. (1 minute read)
Legislation & Regulations
Friday, February 3, 2023
Amendments to the Strata Property Act that increase contingency reserve fund minimums are coming November 1, 2023. (2 minute read)
Legislation & Regulations
Friday, January 20, 2023
Vancouver property owners can now start making their Empty Homes Tax declarations for the 2022 tax year. (2 minute read)
Legislation & Regulations
Tuesday, December 20, 2022
The federal government’s ban on new foreign ownership of residential property becomes law on January 1, 2023. Here's what you need to know. (3 minute read)
Legislation & Regulations
Tuesday, December 6, 2022
Starting January 1, 2023, home buyers can back out of a residential purchase up to three business days after signing a contract. (3 minute read)
Legislation & Regulations
Wednesday, November 16, 2022
A recent decision has clarified the test for constructive taking and expropriation by regulation. (5 minute read)
Home Selling
Tuesday, September 13, 2022
You can now find historical home sale prices on REALTOR.ca for homes actively listed for sale. (2 minute read)
Taxes
Friday, June 3, 2022
Property tax notices are sent to home owners and businesses in June and are due the first or second business day in July, depending on the municipality.
Legislation & Regulations
Thursday, March 31, 2022
The BC Real Estate Association, with support of BC’s real estate boards, has 30 policy recommendations for the provincial government.
Legislation & Regulations
Tuesday, February 22, 2022
BC Budget 2022 was released on February 22, 2022 with a focus on funding for climate change, infrastructure, and homelessness. (2 minute read)
Taxes
Friday, February 18, 2022
Owners of strata property in buildings with rental restrictions are no longer exempt from the BC Speculation and Vacancy Tax. (1 minute read)
Legislation & Regulations
Monday, February 14, 2022
Metro Vancouver is regulating wood burning fireplaces and stoves to reduce pollution. Find out how this could affect you. (3 minute read)
Legislation & Regulations
Friday, December 10, 2021
Read how much tax was generated from this tax in Greater Vancouver municipalities.
Legislation & Regulations
Thursday, October 14, 2021
Metro Vancouver is facing a housing affordability crisis. Home prices continue to rise, and the inventory of homes for sale is insufficient to meet today’s demand.
Legislation & Regulations
Friday, September 24, 2021
Read about the federal government’s plans to implement a national, annual one-per-cent tax on non-resident, non-Canadian owned residential vacant or underused real estate.
Working with a REALTOR®
Tuesday, August 17, 2021
Having professional representation is important when you’re looking to buy or sell a home. Realtors are required to inform you, up front, about your representation options. This is what the DORTS is for.
Working with a REALTOR®
Friday, June 18, 2021
For the time being, current pandemic safety practices for Realtors and their clients haven't changed.
Legislation & Regulations
Tuesday, June 1, 2021
The new rules will dampen mortgage credit growth, but should have a modest effect on home sales and prices in the region going forward.
Legislation & Regulations
Wednesday, May 26, 2021
The provincial speculation and vacancy tax applies to airspace above buildings classed as residential. The government will temporarily remove this tax for one year.
Taxes
Thursday, April 8, 2021
Before building a laneway home or buying a property with one, you should understand the tax implications of doing so.
Legislation & Regulations
Wednesday, March 24, 2021
To help stop the hidden ownership of real estate and prevent money laundering and tax evasion, the BC government has introduced legislation and an owner registry.