December 2024

General Real Estate Market Update

Posted on Dec 19, 2024

Market Trends and Activity:
  • Sales in October and November showed year-over-year increases but remain below average, signaling gradual market recovery.
  • Inventory remains elevated due to increased new listings and slower-than-average sales, though a seasonal decline is expected as the year ends.
Interest Rates and Mortgage Renewals:
  • The Bank of Canada im...

Read More

New Home Flipping Tax

Posted on Dec 06, 2024 in taxes


Starting January 1, 2025, the new BC Home Flipping Tax will add another layer of tax consideration for British Columbians who sell residential property within a short timeframe. This tax will be in addition to the existing federal property flipping tax introduced by the Canada Revenue Agency in 2023. While there are similarities between the two tax...

Read More

polarizing advertising

Posted on Dec 05, 2024



   This article highlights the rollercoaster seen when emotions and real estate collide in a polarizing way!

‘Making Yaletown Unaffordable:’ realtor faces threats over Vancouver billboard. Read more here. 

Read More