Monday, 20 November 2017
Thursday, 9 November 2017
Vancouver warns owners of empty homes to fill out new declaration forms, or face stiff fines
Vancouver's empty home tax will be charged on any homes left empty or occupied for less than six months per year
VANCOUVER — Vancouver, fighting a rental shortage in Canada’s most expensive property market, warned owners of empty homes on Tuesday that they faced stiff fines if they failed to fill out empty-home tax declaration forms that they had been sent in the mail.
Home owners who do not to submit the declaration by Feb. 2, 2018 will be automatically charged the 1 per cent tax on the assessed value of their home. Owners who make false claims will also face a steep fee of $10,000 per day, the city said.
For the full story click HERE
Monday, 2 October 2017
The Anatomy of Condo Price Rises
A real-life scenario revealing why condos sell for more and more – plus great tips for buyers.
Click HERE for the full story.
Saturday, 30 September 2017
Two Dramatic, Nature-Inspired Developments Proposed for West End
The developments would be located at the intersection of Thurlow and Harwood, and at Alberni and Bidwell
For full story click HERE
Friday, 1 September 2017
What’s pushing Vancouver home prices higher now?
Home prices in Vancouver continue their ascent a year after the BC government imposed a foreign-homebuyer tax on the metro area a year ago, and it has a lot to do with an insufficient supply of housing, TD Bank observes.
“We don’t anticipate a significant drop in home prices in any way. Interest rates are going up but they’re going up very gradually, and really what matters is the supply-demand balance of home price,” Diana Petramala, TD Bank economist, tells BuzzBuzzNews.
For the full story click HERE
Subscribe to:
Posts (Atom)