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February 2024

2 New Rules that will Impact BC's Real Estate

Posted on Feb 28, 2024

1. The B.C. government has announced plans to introduce a tax of up to 20 per cent on profits made when properties are sold within two years of their purchase. The 20 per cent rate will be in place for a year after purchase and will slide to zero between 366 and 730 days after the acquisition. The plan is to implement it for properties sold on or a...

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Real Estate Market Update for January 2024

Posted on Feb 01, 2024 in Market Trends

The Latest Market Stats for Greater Vancouver's January Real Estate Market🏡

The numbers are in, and while the Metro Vancouver market ended 2023 in balanced market territory, conditions in January began shifting back in favour of sellers as the pace of newly listed properties did not keep up with the volume of home sales.

This was especially evident i...

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