Vancouver Real Estate Market for September 2018 The months of July and August have brought solid evidence of the changing Vancouver Real Estate Market. In my July 1st Newsletter I wrote that the single family detached housing market continued to have downward pressure on prices and the once impenetrable Vancouver condominium and townhouse market was […]
Vancouver and British Columbia Residential Tax Summary EMPTY HOME TAX CITY OF VANCOUVER Empty Home Tax in City of Vancouver is 1% of the assessed value if it is not rented out for 6 months or more of the year. SPECULATION TAX Properties that are used as qualifying long-term rentals are exempt from the tax. […]
Vancouver Real Estate 5 Month Review 2018 The Vancouver real estate market has had more than a few challenges placed in its path over the past six months. Previous headlines of multiple offers and sale prices way over asking are no longer a story. The market is shifting and there continues to be two very […]
Mt Pleasant condos and townhouses for sale in Vancouver are selling within days of being listed. The neighbourhood is the largest of all the 16 sub areas / neighbourhoods on the East Side of Vancouver and is now the center of the city for Vancouverites. This is a driving force for many young professionals and […]
What Happened in the 2017 Vancouver Real Estate Market The 2017 Vancouver real estate market was another busy year with condominium sales outpacing the detached houses. Affordability is the key factor driving the Vancouver condo sales volume. The benchmark price gap between condos and detached houses in 2017 is approximately 41 percent. This makes it […]
The new mortgage rule comes into effect January 1st, 2018; it affects purchasers with over 20 percent down. The term Stress Test checks buyer’s ability to withstand future interest rate hikes. For example, a buyer is seeking pre-approval at a current 5-year rate at 3.09 percent; they will have to be approved at a 2 percent increase […]
Don Urquhart – 2017 Solo OC1 Georgia Strait Crossing Thank you so much for your donations. We raised $3,343.00 for Charles Dickens Elementary School (100 percent of all donations go to Charles Dickens Elementary School). I wrote a short recap to a friend and who also donated to the event. I thought I would share […]
Today was the long-awaited presentation to the kids and staff at Charles Dickens Elementary School for my Solo OC1 Georgia Strait Crossing. It was a sold out venue and it was tons of fun with photos, videos and a talk about the much-anticipated adventure/crossing. We discussed how adventure and stepping outside your comfort zone can […]
Solo Open Ocean Outrigger OC1 Paddle from Nanaimo to Vancouver I am organising an inspirational event and a fundraiser for the students of Charles Dickens Elementary School and the education department of Charles Dickens Elementary in Mount Pleasant. By sharing my adventure with the students I hope to inspire goal setting, preparation, and an awareness of our oceans. […]
Vancouver Olympic Village Condo Market February 2017 The first 6 weeks of 2017 for the Vancouver real estate market has been busy for condominiums and townhouses up to the 1.5 million dollar price point. Single family detached houses continue to have downward pressure on pricing and there is no sign of this changing as we […]
