Foreign Buyers Tax Legistration Update

January 30th, 2017
After just over 6 months of implementing the 15% foreign homebuyer tax, premier Christy Clark has announced on January 29, 2017 a new exception to the legislation.  The extra 15% will now no longer be applicable to those who have a work permit and pay taxes in B.C..  This act is an attempt to encourage more foreign workers to move into the province.   According to tax revenues records, the ...

Best Cities to Work In For 2017

January 23rd, 2017
BC Business Magazine has come up with a new ranking for best cities to work in for 2017.  The ranking was assigned based on the following seven factors: average household income average household income under 35 average household spending on recreation average shelter costs five-year population growth five-year average household income growth unemployment rate This ranking is a g ...

Rental Restricted Or Not ??

January 11th, 2017
When it comes to rental restrictions, two factors comes into play, either a strata corporation passed bylaw or a developer filed Rental Disclosure Statement. A bylaw may either prohibit rentals of residential strata units or limit the number or percentage of residential strata units that may be rented or limit the period of time for which they may be rented.  A Rental Disclosure Statement o ...

Coal Harbour Open House! 2301 1151 Georgia Street, Vancouver, BC

January 11th, 2017
We are proud to announce that this Jan 14th, 2:00 PM to 4:00 PM we will be hosting an Open House at 1151 Georgia Street in the Coal Harbour neighborhood, Vancouver. This is an opportunity to visit this excellent Condo for sale in beautiful Coal Harbour. Please come with any questions you may have. In the meantime you can take a virtual tour of this Coal Harbour Condo for sale. As always ple ...

A Year in Review

January 9th, 2017
2016 has come and gone.  We saw a lot of changes in the Metro Vancouver housing market towards the end of the year with several new regulations implemented. But even with a 5.6%  drop in home sales, 2016 still managed to be recorded as the third highest selling year, just behind 2015 and 2005. Sales of detached, attached and apartment properties in the region reached 39,943 in 2016. The yea ...