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2025 Taxes and Legislations
Each year there seems to be more and more that go hand in hand with real estate transactions. 2025 is no exception.  Here are a couple of reminders that you may be interested in understanding.
 
CITY OF VANCOUVER EMPTY HOME TAX
City of Vancouver empty home tax: Your declaration must be made by February 4th every year.  The notice that...
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2024 Q3 Home Price Update and Market Forecast
Don't wait on the sidelines too long!
 
This is the message from the Royal LePage 3rd Quarter forecast and definitely falls in line with what I am seeing and feeling in the markets that I specialize in. 
 
The recent mortgage rate drops and various recent announcements that come into effect later this year will make it a more favourable...
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2024 The First Quarter in Real Estate
I hope 2024 is treating you well so far.
 
There are some deadlines coming up I thought I would remind you of as well as provide some information on what the experts in the industry are predicting for the market this year.
 
Taxes and Declarations:
  • City of Vancouver Empty Home Tax Declaration and Advance Tax Payment are both due February...
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What is Happening in the Market?

What is happening in the market?

Here is what the Real Estate Board of Greater Vancouver has to say.

Continuing the trend that has emerged in the housing market this year, the benchmark price for all home types in Metro Vancouver increased in June as home buyer demand butted up against a limited inventory of homes for sale in the region.

The Real Estate...

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Prices Continue Rising as Home Buyer Confidence Returns

If you or someone you know is hesitating to make a move , it may be time to take a closer look.
 
I thought this just released report was important to share, it follows  what I am experiencing feet on the ground every day. This report discusses the Greater Vancouver market, I have more specific details on all Vancouver neighbourhoods....
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2023 Q1 Royal LePage House Price Survey
Just released this week The Royal LePage House Price Survey is an interesting read.  The comments on mortgage policy and market conditions Canada wide  fall in line with what other experts  in the industry that I have been listening to  are saying.
 
I completely agree with the comments about the Greater Vancouver Market....
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Update on Federal Ban on Foreign Buyers
Earlier this week, the Government of Canada announced a series of amendments to the Foreign Buyer Ban. These amendments expand the exceptions to the regulations, are effective immediately, as of March 27, 2023, and are as follows:
 
  • The Foreign Buyer Ban no longer applies to work permit holders. Now, those who hold a work permit or are authorized...
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New Regulations in 2023
There are several new legislations and regulations that have been enacted, both Federal and Provincial.  These changes effect Real Estate transactions for Buyers and Sellers.
 
While you may not be currently contemplating a move I thought it may be a good time to outline some of these changes.

 
Federal Foreign Buyers Ban
 
For a...
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Happy New Year! Welcome 2023!
I hope your holidays were lovely and you are excited about new beginnings for 2023.
 
I celebrated the beginning of the new year with a visit to La Belle Province, Montreal and Quebec City with my daughter. We enjoyed a wonderful history walking tour, the magical winter wonderland, much walking and exploring and many, many lovely meals and cocktails....
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