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BCREA releases housing affordability plan

https://www.biv.com/article/2017/4/bcrea-releases-housing-affordability-plan/   Increasing the number of homes built along transit corridors, raising the property transfer tax threshold and incentivizing faster approval processes are all necessary to improve housing affordability across the province, according to the British Columbia Real Estate Association’s housing affordability plan released April 19. The group has proposed ...

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If you sold your home last year you have to report it on your taxes for the first time!

http://bit.ly/2n85M79 OTTAWA — When Ottawa unveiled a tightening of mortgage lending rules last fall, it also implemented a small but important change that will affect hundreds of thousands of tax filers this year. For the first time, Canadians who sold their homes in 2016 will have to report it to ...

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Demand for homes continues to outpace supply in Metro Vancouver!

A shortage of residential property listings coupled with strong demand, particularly for condos and townhomes, continued to impact Metro Vancouver’s housing market in March. Residential property sales in the region totalled 3,579 in March 2017, a decrease of 30.8 per cent from the 5,173 sales recorded in record-breaking March 2016 ...

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