New Taxes Digging Metro Deeper Into Housing Affordability Crisis
Posted on Jun 12, 2018
There is an old Yiddish curse that warns that you better be careful what you wish for as you might just get it!
Many believe that the series of new taxes recently announced by the British Columbia's NOP government are designed to make housing more affordable in Greater Vancouver; however, it is much more likely that these measures will only kill job...
June 2018 Westside Market Update
Posted on Jun 05, 2018 in Market Update
Westside detached house active listings this May are up 4% from April (850 from 817) and are up 45% compared to May 2017. Westside detached home sales this May were up 35% from April (66 to 89) but down 52% compared to 187 sales in May 2017. This year, sales volumes are off 60% from sales in Feb. 2016 (pre foreign buyer tax).
The increase in supply...