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.
Andrew is an applied economist and data scientist specializing in real estate and urban land economics with experience in the public and private sectors. (1 minute read)
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.
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.
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.
The BC government released reports today on the findings of two examinations into potential money laundering activities in the real estate market.
Real Estate of Board of Greater Vancouver President Ashley Smith issued the following statement on the findings of these investigations.
The Real Estate Board of Greater Vancouver partnered with other organizations to submit joint recommendations to the provincial and federal governments on April 15, 2019 on how to strengthen anti-money laundering measures in our province.
Henry Pybus (H.P.) “Budge” Bell-Irving was one of our most storied members. In addition to the significant contributions he made to the Real Estate Board of Greater Vancouver and the industry, he accomplished much outside of the profession.