B.C. Budget 2018: Big spending on child care and housing; foreign buyer tax expanded

Posted on Feb 20, 2018

The B.C. government is offering modest relief on the rising cost of child care, housing and medical services plan premiums, funded by a raft of new tax hikes that target businesses, foreign buyers, housing speculators and expensive homes. 


• A new child care program that makes care effectively free for some low-inc...

Read More

2018 brings more of the same for Fraser Valley real estate

Posted on Feb 04, 2018

SURREY, BC – Fraser Valley housing market activity in January continued on the momentum seen throughout 2017 with year-over-year increases seen for both sales and pricing.

The Fraser Valley Real Estate Board processed 1,210 sales of all property types on its Multiple Listing Service® (MLS®) in January, an increase of 24 per cent compared to the 976...

Read More

Another big year for Fraser Valley real estate

Posted on Jan 04, 2018

SURREY, BC – The Fraser Valley housing market had its second highest selling year on record in 2017, with total MLS® transactions and dollar volume sold behind only 2016’s unprecedented level of activity.
The Board’s Multiple Listing Service® (MLS®) processed 22,338 sales in 2017, 7.3 per cent less than the record of 23,974 sales set in 2016. The to...

Read More

Buyer Beware: 5 Bylaws to Watch When Buying a Condo

Posted on Dec 27, 2017

Purchasing in a strata building means buying into its bylaws. Here are some potential deal-breakers

Buying a condo? The legal doctrine of caveat emptor (“let the buyer beware”) continues to apply to real estate transactions in BC today, and can have the effect of denying the buyer a remedy for defects and deficiencies discovered in the property aft...

Read More

Attached sales continue to drive Fraser Valley market in November

Posted on Dec 04, 2017

SURREY, BC – Demand for Fraser Valley properties persisted through November, once again bolstered by strong attached sales across the region.

The Fraser Valley Real Estate Board processed 1,743 sales of all property types on its Multiple Listing Service® (MLS®) in November, an increase of 39.8 per cent compared to the 1,247 sales in November of last...

Read More

Toronto, Vancouver home sales above average in October: real estate boards

Posted on Nov 19, 2017

VANCOUVER -- Canada's two hottest housing markets experienced above-average home sales last month, according to local real estate board figures, as buyers appear to be snapping up properties ahead of new mortgage requirements in January.

Vancouver area home sales jumped 7.1 per cent from September to October with 3,022 properties sold, and 35.2 per...

Read More