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Traffic Matters

Like taxes, traffic is a fact of life. So, when you’re shopping for a new home, consider how the road situation will affect your commute to work, access to shopping and attractions, and the ability to conveniently reach places you need to go. After all, it’s difficult to enjoy your new ...

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City of Vancouver now defines $3,702 rent as “affordable” housing!

t’s 2018, and the City of Vancouver has changed the definition of “for-profit affordable rental housing”. For this year, a new three-bedroom rental on the West Side of the city with a starting rate of $3,702 per month is considered affordable. Also regarded as affordable rental rates in the same part of ...

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Real Estate Stats – March 2018

Fewer home sales and listings in the first quarter of 2018 Home buyers and sellers were less active in Metro Vancouver throughout the first quarter of 2018. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,517 in March 2018, a 29.7 per cent ...

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How to rent your home on Airbnb in Vancouver

Prior to April 2018, rental stays of less than 30 days are not allowed in Vancouver except for in licensed hotels or bed-and-breakfasts in zoned areas. Due to high rents and low vacancy rates, the city has voted to begin allowing short-term rentals. So if you’re looking to make some extra ...

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Be Ready To Move

You’ve spent a lot of time shopping for the perfect property. You made an offer, held your breath and – hooray! – you got the home! But now you’ve realized that you have to move in four weeks – and you’re far from prepared. Don’t add stress to what was otherwise ...

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Home Renovations That Pay Off

There are two main reasons why homeowners invest in a home renovation or major redecorating project: They want to enjoy the results of the new kitchen, bathroom, flooring or other improvement they’ve made; and/or, they hope that the money they spend will come back to them – at least in ...

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Giving Buyers a Grand Entrance

The front door is usually the first feature of a house that buyers see and feel. How do you ensure it makes a grand first impression? That’s easy. Put on a fresh coat of paint. Replace worn or faded door handles and locks. Install a brass kick plate at the bottom of the ...

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BC housing market updated, February 2018.

Metro Vancouver* home sales dipped below the long-term historical average in February. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,207 in February 2018, a nine per cent decrease from the 2,424 sales recorded in February 2017, and a 21.4 per cent ...

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BC budget includes new real estate taxes and spending commitments

BC budget includes new real estate taxes and spending commitments Housing was the dominant issue in today’s provincial budget. The government released a 30-point housing strategy aimed at reducing housing demand, curbing tax fraud, building affordable housing, and increasing security for renters. New tax measures include increasing property taxes and property transfer ...

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In BC Budget 2018, the foreign buyers tax will be increased to 20% from 15%.

Budget 2018 carves a new path to shared prosperity for everyone in the province with a made-in-B.C. child-care plan, a comprehensive housing plan and record levels of capital investment in every corner of the province, Finance Minister Carole James announced today. “Budgets are not only about the bottom line, they should ...

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