Important Dates for your Property Taxes
July 3 Deadline to pay your rural property taxes Deadline to apply for the home owner grant without late payment penalties Deadline to apply to defer your property taxes without late payment penalties Deadline to apply for the Farm Extension Program July 4 A 5% penalty is applied to your unpaid account balance, including any unclaimed home owner grant […]
Read MoreVancouver’s Short-Term Rental Bylaws Take Effect April 19
Regulations for short-term rentals approved by the City of Vancouver in November will take effect April 19, 2018. Under the policy, short-term rentals of a secondary suite or laneway house will only be allowed if the property is the owner’s principal residence or if it is rented long-term, and the tenant wishes to operate a short-term rental, with approval of […]
Read MoreBC Speculation Tax: Here’s What you Need to Know
On Monday, the provincial government announced it is making some changes to the speculation tax, which was first announced last month as part of the budget. The government expects to introduce legislation in the fall to make the tax part of law and they say 99 per cent of British Columbians will be exempt […]
Read MoreTens of Thousands of Children are Going Hungry in Our Communities
Everyday, tens of thousands of children are going hungry in our communities. While school breakfast, lunch and snack programs are actively addressing this crisis, the weekend remains a difficult time for many families. We know that when a child is given a Backpack Buddy on Friday afternoon that’s full of meals and snacks for the […]
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The Nitty Gritty on The 2018 BC Budget
Here is what we know of today’s provincial budget as it relates to real estate: The foreign buyers tax goes to 20%, effective tomorrow, and is now applicable in Capital Regional District, Fraser Valley, Central Okanagan and Nanaimo Regional District. Property transfer tax will go from 3% to 5% on values of homes over $3,000,000.00. […]
Read MoreDecember Market Stats 2017
After reaching record levels in 2015 and 2016, Metro Vancouver home sales returned to more historically normal levels in 2017. Home listings, on the other hand, came in several thousand units below typical activity. The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties reached 35,993 on the […]
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