Home sales remain at record levels across Metro Vancouver
Posted on May 03, 2016 in Market Statistics
Last month was the highest selling April on record for Metro Vancouver.
Residential property sales in the region totalled 4,781 in April 2016, an increase of 14.4 per cent from the 4,179 sales recorded in April 2015 and a decrease of 7.6 per cent compared to March 2016 when 5,173 homes sold.
April sales were 41.7 per cent above the 10-year sales aver...
Residential property sales in the region totalled 4,781 in April 2016, an increase of 14.4 per cent from the 4,179 sales recorded in April 2015 and a decrease of 7.6 per cent compared to March 2016 when 5,173 homes sold.
April sales were 41.7 per cent above the 10-year sales aver...
March sales set an all-time record
Posted on Apr 04, 2016 in Market Statistics
Metro Vancouver home sales eclipsed 5,000 in March for the first time on record.
Residential property sales in the region totalled 5,173 in March 2016, an increase of 27.4 per cent from the 4,060 sales recorded in March 2015 and an increase of 24 per cent compared to February 2016 when 4,172 homes sold.
Last month’s sales were 56 per cent above the 1...
Residential property sales in the region totalled 5,173 in March 2016, an increase of 27.4 per cent from the 4,060 sales recorded in March 2015 and an increase of 24 per cent compared to February 2016 when 4,172 homes sold.
Last month’s sales were 56 per cent above the 1...
Metro Vancouver home buyers set a record pace in February
Posted on Mar 03, 2016 in Market Statistics
Last month was the highest selling February on record for the Metro Vancouver housing market.
Residential property sales in the region totalled 4,172 in February 2016, an increase of 36.3 per cent from the 3,061 sales recorded in February 2015 and an increase of 65.6 per cent compared to January 2016 when 2,519 home sales occurred.
Last month’s sales...
Residential property sales in the region totalled 4,172 in February 2016, an increase of 36.3 per cent from the 3,061 sales recorded in February 2015 and an increase of 65.6 per cent compared to January 2016 when 2,519 home sales occurred.
Last month’s sales...
Breakdown: New Property Transfer Tax Rules
Posted on Feb 23, 2016 in Buyers
A quick update below on the recent changes to the latest budget regarding the PTT as you are most likely fielding lots of questions:
1. How do these changes affect first time buyer exemptions?
First time home buyer exemption limits have NOT changed
2. If my buyer purchases a home worth $770,000 is there a partial exemption?
All buyers (whether first ti...
New Measures Aim to Improve Housing Affordability - BC Budget 2016
Posted on Feb 16, 2016 in Market Statistics
Newly built homes priced up to $750,000 will be fully exempt from the property transfer tax when bought
by Canadian citizens or permanent residents as a principal residence and lived-in for a full year.
by Canadian citizens or permanent residents as a principal residence and lived-in for a full year.
The measure aims to assist purchasers and help stimulate the construction of moderately priced homes. The exemption will save a purchaser up to $13...
Home buyer competition keeps home sellers in the driver’s seat
Posted on Feb 02, 2016 in Market Statistics
Home buyer activity remains at near record levels across the Metro Vancouver housing market.
Residential property sales in Greater Vancouver totalled 2,519 in January 2016, an increase of 31.7 per cent from the 1,913 sales recorded in January 2015 and a 10.9 per cent decline compared to December 2015 when 2,827 home sales occurred.
Last month’s sales...
Residential property sales in Greater Vancouver totalled 2,519 in January 2016, an increase of 31.7 per cent from the 1,913 sales recorded in January 2015 and a 10.9 per cent decline compared to December 2015 when 2,827 home sales occurred.
Last month’s sales...
