“Buyers are less active today. This is allowing the supply of homes for sale to accumulate to levels we haven’t seen in the last few years,” Phil Moore, REBGV president said. “Rising interest rates, high prices and more restrictive mortgage requirements are among the factors dampening home buyer activity today. With reduced demand, detached homes a...
Are you a dedicated, forward thinking, hard working real estate professional, that cares about your industry, and always puts your clients interests first. At Reva Realty Group we like to think our sales associates want to make a difference when it comes to real estate, and the people we proudly represent.
From the first full BC Budget the NDP has done since 2011 yesterday, many changes were announced. Housing and childcare seem to be the two sectors in the spotlight. The changes that impact our real estate market here are:
Speculation Tax
Starting this year, the provincial government will apply a 0.5 per cent speculation tax on homes owned by people w...