February 2016

STOP THE PRESSES!! BC Budget Introduces Radical Measures Addressing Affordability

Posted on Feb 16, 2016

BC Budget 2016 – the impact on real estate buyers and sellers!

The BC government introduced its 2016 budget today. The budget included a number of items intended to affect affordability and availability in the Lower Mainland’s housing market. 

Here’s a summary:

Property Transfer Tax (PTT)

• a New Housing exemption will apply to newly built homes or newl...

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Some BC real estate agents insider trading and helping to money launder: NDP...

Posted on Feb 15, 2016

The independent office charged with overseeing the British Columbia real estate market will investigate allegations of fraud and insider trading by some Metro Vancouver realestate agents, the provincial government said Monday.

Superintendent of Real Estate Carolyn Rogers will work with an advisory group being set up by the Real Estate Council of B.C...

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