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Legislation & Regulations
How mortgage stress test changes affects home buyers
Friday, February 21, 2020
The benchmark rate used to determine the minimum qualifying rate for insured mortgages, known as the “stress test" is changing.
Legislation & Regulations
Affordable housing a priority in Throne speech
Tuesday, February 11, 2020
In today’s Throne Speech, the BC government, building on it’s housing plan, promises to continue working to fix the housing crisis by building housing for people of all incomes, from people experiencing homelessness to middle-income families.
Market Insights Video
January 2020 Market Insights
Tuesday, February 11, 2020
Home buyer demand increased in January compared to this time last year while the supply of homes listed declined below historical averages in Metro Vancouver.
Market Insights Video
December 2019 Market Insights
Friday, January 10, 2020
The Metro Vancouver housing market experienced below average sales activity and moderate price declines in 2019.
Taxes
Home Owner Grant
Friday, January 3, 2020
In 2020, the BC government decreased the Home Owner Grant threshold to $1.525 million from $1.65 million.
Taxes
Property taxes 101
Friday, January 3, 2020
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.