My Blog - News, Updates and Statistics 

BC Government reduces tax burden on first-time buyers

(February 18, 2014, posted in Real Estate Resources)

First-time home buyers received welcome news in today’s provincial budget. 

The government has announced, effective February 19, 2014, under the Property Transfer Tax (PTT) First-Time Home Buyers’ Exemption program, qualifying first-time buyers can buy a home worth up to $475,000. The previous threshold was $425,000.

The partial exemption continues and will apply to homes valued between $475,000 and... read more.

Strongest January Residential Sales Since 2010

(February 17, 2014, posted in BCREA Monthly Update)

Vancouver Real Estate, Tim WrayMuted Impact Expected From Cancelled Investor Immigrant Program

The British Columbia Real Estate Association (BCREA) reports that a total of 4,244 residential sales were recorded by the Multiple Listing Service® (MLS®) in January, up 24.5 per cent from January 2013. Total sales dollar volume was $2.4 billion, an increase of 36.8 per cent compared to a year ago. The average MLS® residential price in... read more.

Real Estate 101... "BCREA"

(February 14, 2014, posted in Real Estate 101 Series)

Britisg Columbia Real Estate Association

The British Columbia Real Estate Association (BCREA) represents 11 member real estate boards and their approximately 18,000 REALTORS® on all provincial issues, providing an extensive communications network, standard forms, economic research and analysis, government relations, applied practice courses and continuing professional education (cpe).

To demonstrate the professional commitment to improvin... read more.

Cancellation of the Canadian Investor Immigrant Program

(February 13, 2014, posted in Forecasts and Economic Update)

Vancouver Real Estate and ImmigrationThis is an interesting perspective from the BC Real Estate Association (BCREA) on the recent cancellation of the Canadian Immigrant Investor Program.

Only time will tell if there is any significant impact on high-end detached properties in Vancouver's Westside and West Vancouver. If you are potentially impacted by this news, you should keep a close watch on your neighbourhood real estate statistics... read more.

Housing Market Update for January 2014 (Video)

(February 11, 2014, posted in REBGV Market Update Videos)

How does this latest information effect your plans to buy or sell your property? The key to a successful real estate experience is knowing and understanding the detail behind the headlines for your city, neighbourhood, street and property type.

Please call or email me with any questions that you may have after watching this video. I'd be happy to help you plan your next steps.

My business grows by b... read more.

Real Estate 101... "CREA"

(February 04, 2014, posted in Real Estate 101 Series)

Canadian Real Estate Association

Organized real estate in Canada has three levels. The real estate board in general operates at a local level; the provincial or territorial association operates within a province or territory; and the national perspective is the mandate of The Canadian Real Estate Association (CREA).

The real estate board is the primary point for processing membership, and the recording and collection of dues. It a... read more.

Greater Vancouver still in a "balanced market"

(February 04, 2014, posted in REBGV Market Update)

The first month of 2014 saw home sale and listing totals outpace historical averages in the Greater Vancouver housing market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 1,760 on the Multiple Listing Service® (MLS®) in January 2014. This represents a 30.3 per cent increase compared to the 1,351 sales recorded in January 201... read more.



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