Purchasing your first home is a significant milestone, but it often comes with a multitude of financial considerations. In British Columbia, one consideration is the Property Transfer Tax (PTT), which can...
Blog & News: Vancouver Real Estate Market
Bill 44 Housing Statutes (Residential Development) Amendment Act
Bill 44 Housing Statutes (Residential Development) Amendment Act, 2023 has the potential to make housing for affordable by increasing the amount of small-scale multi-unit housing in neighbourhoods that...
Fear of missing out on buying a home due to insufficient down payment growing among Canada’s first-time buyers
As home prices and interest rates continue to rise, whilst inventory remains extremely tight, Canada’s first-time buyers are feeling increasingly worried about missing out on their desired home because...
Key points on the federal ban preventing foreign buyers from purchasing property in Canada
The Federal government’s new legislation banning foreign buyers from directly or indirectly purchasing property in Canada for a period of 2 years came into effect on January 1, 2023.
Who is a Foreign...
Key facts about the B.C. homebuyers 3 day rescission period
On January 1, 2023 the government introduced a cooling off period for buyers, a home buyer protection period, that allows home buyers three business days to back out of an accepted offer.
Key Points about...