Answers you must know on the NEW Property Tax Rules! The following is an Update on the New PPT Rules from Merrily Hackett, the Managing Partner at Stonehaus Group - West Coast Realty. A quick update below on the recent [...]
Last Wednesday February 17, 2016 the British Columbia government announced changes to BC property transfer tax that will help local new home buyers save money. Since the announcement, many are talking how this policy may not provide immediate relief to [...]
This morning the BC government announced major changes to their budget, including changes to the BC Property Transfer Tax (PTT) to help deal with housing affordability. Here is what we know so far: 1. No Change to First Time Buyers [...]
Starting February 15, 2016 the Canadian Mortgage and Housing Corporation (CMHC) will require a 10% down payment on the portion of any mortgage it insures over $500,000. Here’s how the new mortgage rules in Canada apply to the purchase of [...]
If there’s one thing we can say about the January real estate market in popular Fraser Valley cities like Surrey, White Rock, Langley, and Abbotsford, it’s that there’s no signs of slowing down. Jorda Maisey, President of the Fraser Valley [...]