February 2014

Property Transfer Tax Threshold Limit Increase

Posted on Feb 19, 2014 in News

First Time Home Buyers can now purchase a home up to $475,000 and be exempt from the full Property Transfer Tax. Between $475,000 and $500,000, there is a partial rebate. This is an increase of $50,000 from the previous threshold of $425,000.

Requirements for First Time Home Buyers' Exemption

  • you are a Canadian Citizen, or a permanent resid...

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Steady trends continue in the Greater Vancouver housing market

Posted on Feb 05, 2014 in Market Statistics

The first month of 2014 saw home sale and listing totals outpace historical averages in the Greater Vancouver housing market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 1,760 on the Multiple Listing Service® (MLS®) in January 2014. This represents a 30.3 per cent increase c...

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