Home buyers continue to compete for homes across Metro Vancouver Residential property sales in the region totalled 4,400 in June 2016, an increase of 0.6% from June 2015 and a decrease of 7.7% compared to May 2016. However, June’s sales were still 28.1% above the 10-year sales average and is rank as the highest selling June on record.… Read More June 2016 Housing Market Update
Demand remains elevated across the Metro Vancouver housing market Last month’s sales were 35.3% above the 10-year sales average for the month and rank as the highest sales total on record for May. The sales-to-active listings ratio for May 2016 is 61.7%. This is indicative of a seller’s market.
Home sales remain at record levels across Metro Vancouver April sales were 41.7% above the 10-year sales average for the month.
Newly Built Home Property Transfer Tax Exemption The Newly Built Home Exemption reduces or eliminates the amount of property transfer tax you pay when you purchase a newly built home. A newly built home includes: a house constructed and affixed on a parcel of vacant land a new apartment in a newly built condominium building… Read More Newly Built Home PTT Exemption Amounts