February 2016

BC Budget 2016

The BC government introduced its 2016 budget today. The budget included a number of items intended to affect affordability and availability in the Lower Mainland’s housing market.

Here’s a summary:
Property Transfer Tax (PTT)

• a New Housing exemption will apply to newly built homes or newly subdivided units priced up to $750,000, savin...

If you have a house up for sale & it's not selling.... there's a reason. Buyers are flinging money at purchasing homes like we have never seen before!! This is a market where houses are in short supply and the buyer demand is at record heights so there is no real excuse for your home not to sell other than your price is too high. If there is no mee...