MarketBrief

Ethics in the real estate industry

This month’s market brief is focused on the negative press in the news about Vancouver’s real estate market. There is lots to be said about what’s happening in our market. Everyone agrees it’s out of control, but there is little agreement about what to do about it. The article in the Globe and Mail  here … Continue reading Ethics in the real estate industry

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Statistical Charts and Graphs

Statistics Supplied by Real Estate Board of Greater Vancouver

Below are links to downloadable PDF files with great information and market snapshots compiled by our Real Estate Board.   Listings are at all time low in all 3 categories and all 4 areas except for detached homes in East Van. Though prices are up, the ales are only 4% higher, this is likely due… Continue reading Statistics Supplied by Real Estate Board of Greater Vancouver

MarketBrief

New Impoved? Property Transfer Tax

Christy Clark’s Liberal Government got a bright idea. Long debated as unfair to all parties, BC’s Property Transfer Tax of 1% on the first 200,000 and 2% on the balance has been adjusted. What are they thinking? The new tax is offering relief to those purchasing  new housing and penalizing others by adding a full… Continue reading New Impoved? Property Transfer Tax