Property taxes in BC are due the first business day after July 1. If you buy a home at another time, you may have to pay a share of the year to avoid a penalty.
If a home is more than 60 years old, home owners may refer to it as having character merit or as “heritage”, regardless of how well it has been preserved or how much it has been altered over the years.
In a busy real estate market, homes are bought and sold at a faster pace than usual. This can create a sense of urgency that causes home prices to rise.
Many local governments in Greater Vancouver have a bylaw or policy addressing tree removal, retention, pruning and damage on private property. This fact sheet is an overview.
The COVID-19 pandemic has reduced activity in Metro Vancouver’s housing market since mid-March, but home prices have remained steady throughout the last 12 months.
The Property Transfer Tax (PTT) is a land registration tax paid by a home buyer when a title is registered at the Land Title Survey Authority. Learn how much PTT you need to pay.
While Metro Vancouver’s housing market experienced an uptick in sales to end the year, despite below-average sales activity in 2019, the number of homes available for sale in the region is declining.
Sales activity in the Lower Mainland’s commercial real estate market declined in Q2 2019 compared to the more active market experienced in the region last year.
Commercial real estate sales in the Lower Mainland declined in the first quarter (Q1) of 2019 compared to the active market experienced across the region last year.
In the past few years, Metro Vancouver’s housing market was woefully undersupplied, putting pressure on home buyers and increasing home prices. This trend, however, is reversing.
Despite anecdotal reports, there’s no evidence millennials aged 20 to 34 are leaving Vancouver because of high housing costs according to a new study from RBC Economic Research.