My Blog - News, Updates and Statistics 

Buying and Selling Canadian Property: An Overview for Non-Residents

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














Non-Residents Buying Canadian Real Estate

There are no restrictions for non-residents purchasing real estate in Canada, though they may become subject to Canadian income tax laws, and will certainly encounter the following taxes on their transactions:

Property Transfer Tax (British Columbia) – The tax rate is one per cent on the first $200,000 of the property's fair market value and two per cent on... read more.

Record Low Mortgage Rates Push Home Sales Higher

(May 16, 2014, posted in BCREA Monthly Update)

Tim Wray, REALTOR® Vancouver Real EstateThe British Columbia Real Estate Association (BCREA) reports that a total of 7,730 residential sales were recorded by the Multiple Listing Service® (MLS®) in April, up 12 per cent from April 2013. Total sales dollar volume was $4.3 billion, an increase of 19 per cent compared to a year ago. The average MLS® residential price in the province rose to $561,613, up 6.3 per cent from the same month las... read more.

Housing Market Update for April 2014 (Video)

(May 09, 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.

Spring buyers and sellers emerge in the Greater Vancouver housing market

(May 09, 2014, posted in REBGV Market Update)


Home buyers and sellers became more active in the Greater Vancouver housing market in April.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 3,050 on the Multiple Listing Service® (MLS®) in April 2014. This represents a 16.1 per cent increase compared to the 2,627 sales recorded in April 2013, and a 15.5 per cent increase compa... read more.

Categories

Archives

Subscribe To This Blog