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Taxes
Property taxes 101
Thursday, March 30, 2023
Property taxes 101
The Home Owner Grant threshold has recently increased. It's based on the assessed value of your home. (3 minute read)
Taxes
Vancouver small businesses have until March 31 to apply for new property tax relief
Thursday, March 9, 2023
Vancouver small businesses have until March 31 to apply for new property tax relief
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
How does a REALTOR® establish the selling price of my house?
Wednesday, March 8, 2023
How does a REALTOR® establish the selling price of my house?
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
The effect of flood mapping and floods on housing prices
Tuesday, February 28, 2023
The effect of flood mapping and floods on housing prices
Floodplain mapping can help assess risk and better understand a home's value. (3 minute read)
Taxes
Speculation and Vacancy Tax declaration period now open
Friday, February 3, 2023
Speculation and Vacancy Tax declaration period now open
All property owners in taxable regions must declare by March 31. (1 minute read)
Legislation & Regulations
Better protection for strata property owners coming in November
Friday, February 3, 2023
Better protection for strata property owners coming in November
Amendments to the Strata Property Act that increase contingency reserve fund minimums are coming November 1, 2023. (2 minute read)
Legislation & Regulations
Federal foreign buyer ban coming in January 2023
Tuesday, December 20, 2022
Federal foreign buyer ban coming in January 2023
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
BC government introduces “cooling off” period for home sales
Tuesday, December 6, 2022
BC government introduces “cooling off” period for home sales
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
Supreme Court of Canada clarifies, expands principles of expropriation
Wednesday, November 16, 2022
Supreme Court of Canada clarifies, expands principles of expropriation
A recent decision has clarified the test for constructive taking and expropriation by regulation. (5 minute read)
Home Selling
Historical home sale prices in Metro Vancouver are now available on REALTOR.ca
Tuesday, September 13, 2022
Historical home sale prices in Metro Vancouver are now available on REALTOR.ca
You can now find historical home sale prices on REALTOR.ca for homes actively listed for sale. (2 minute read)
Legislation & Regulations
BC REALTORS® offer 30 policy recommendations to province to improve BC real estate
Thursday, March 31, 2022
BC REALTORS® offer 30 policy recommendations to province to improve BC real estate
The BC Real Estate Association, with support of BC’s real estate boards, has 30 policy recommendations for the provincial government.
Legislation & Regulations
What’s in BC Budget 2022 for homebuyers and owners?
Tuesday, February 22, 2022
What’s in BC Budget 2022 for homebuyers and owners?
BC Budget 2022 was released on February 22, 2022 with a focus on funding for climate change, infrastructure, and homelessness. (2 minute read)
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