by Gary McKenna | Jun 4, 2025 | Real Estate
A BC court says it’s a big deal Buying a house is a huge decision. Investors need to know everything about a home before they can make an informed decision on whether to buy. That’s why sellers must fill out a BC Property Disclosure Statement. It’s a form where...
by Gary McKenna | May 15, 2025 | News, Real Estate
When it comes to BC property sale legal requirements, emojis and casual emails won’t cut it. That’s the takeaway from the BC real estate emoji case, a recent B.C. Supreme Court ruling where a developer tried to enforce a home purchase based on a counteroffer that was...
by Gary McKenna | Apr 17, 2025 | News, Real Estate
Real Estate Firm Challenged Designation as a “Foreign Entity” Under B.C.’s Property Transfer Tax Act A Metro Vancouver real estate company has lost its appeal against a $6 million tax assessment, after the B.C. Court of Appeal upheld the provincial...
by clarkwoods | Feb 24, 2025 | News, Real Estate
The Metro Vancouver home sales saw an active start to 2025, with a significant increase in new listings and steady buyer demand continuing from late 2024. According to Greater Vancouver REALTORS® (GVR), residential sales rose 8.8% year-over-year in January, with new...
by clarkwoods | Jan 17, 2025 | Real Estate
The BC home flipping tax is officially in force, imposing a new tax on property sales within two years of purchase. The tax applies to profits made from selling a property in British Columbia, including presale contracts, if the seller owned it for less than 730 days....
by clarkwoods | Jan 2, 2025 | Real Estate
Metro Vancouver property assessments showed mostly modest changes in home values as the market remains stable for a second consecutive year. According to BC Assessment, most homeowners can expect their property values to fluctuate between -5% and +5%, reflecting...
