Category: Uncategorized
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Standardized Construction Bylaws in BC Could Save Millions
Standardizing municipal construction bylaws in BC could significantly reduce construction expenses across the province.Fragmented bylaws across 161 municipalities drive up soft costs, impacting contractors and project timelines.
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Impact of Trump tariffs on Metro Vancouver real estate likely short-lived
A forecast by Greater Vancouver Realtors indicates that potential U.S. tariffs may have a short-term impact on the residential market. While sales are expected to rise by 13.9% this year due to lower borrowing costs, a recession with job losses could reduce the buyer pool and sales in 2025. The average home price is projected…
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BMO Reinstates Stress Test for Uninsured Mortgage Switches
BMO's Change: Reinstates OSFI stress test for uninsured switches after briefly removing it. Qualification Rules: Borrowers must qualify using the higher of 5.25% or contracted rate + 2%.
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Canada’s Housing Market Sees Strong Fall Close
Lower interest rates and expectations of further cuts are fuelling strong homebuying activity across Canada.November data shows strong market performance, with resales and prices rising from October across major areas.
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Down Payment Tips for Home Buyers
Down payments are a crucial part of home buying success in Canada, beyond just mortgage rates.The minimum down payment in Canada depends on the home’s price and your province of purchase.
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Check out this open house Listing Address: 1677 LLOYD Unit #303, North Vancouver, British Columbia V7P0B1
Discover the ultimate blend of convenience and comfort in District Crossing, one of North Vancouver´s most sought-after complexes, crafted by the award-winning Qualex Landmark. This spacious 2-bedroom, 2-bathroom offers efficient living space, thoughtfully designed with no wasted areas. Perfect for first-time buyers, investors, or downsizers. kitchen with stainless steel appliances, ample cabinetry, and modern finishes.…
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Lower Mainland Property Values Stabilize in 2025
In 2025, over 1.1M properties in the Lower Mainland received updated property assessments. The total value of Lower Mainland property assessments increased slightly, from $2T to $2.01T.
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2025 BC Property Assessments: Key Changes & Trends
In 2025, British Columbia has 2.2M assessed properties, ↑ 1% yearly. The total value of BC Real Estate in 2025 is $2.8T, ↑ 1.5% yearly.
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Check out my new listing Address: 1677 LLOYD Unit #303, North Vancouver, British Columbia V7P0B1
Discover the ultimate blend of convenience and comfort in District Crossing, one of North Vancouver´s most sought-after complexes, crafted by the award-winning Qualex Landmark. This spacious 2-bedroom, 2-bathroom offers efficient living space, thoughtfully designed with no wasted areas. Perfect for first-time buyers, investors, or downsizers. kitchen with stainless steel appliances, ample cabinetry, and modern finishes.…
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Home Flippers Face New 20% Tax in BC
BC’s new 20% home-flipping tax takes effect January 1, 2025, targeting quick residential property sales. The tax applies to homes sold within 730 days of purchase, with a decreasing rate over time.