2020 Property Assessments Will Reflect BC’s Moderating Real Estate Markets

Victoria, Dec. 09, 2019 (GLOBE NEWSWIRE) — Many soon-to-be released property assessments will show a moderating market, with more modest changes in property values compared to previous years based on trends in the real estate market as of July 1, 2019. “We first saw signs of moderation during the 2019 property assessments,” says Assessor Tina […]

Read more "2020 Property Assessments Will Reflect BC’s Moderating Real Estate Markets"

Metro Vancouver home prices will see modest increases over next 2 years: CMHC report

The Canada Mortgage and Housing Corporation report predicts Metro Vancouver will have a balanced housing market, with moderate increases to home prices. The Metro Vancouver housing market will see higher sales and modest price increases over the next two years, according to a Canada Mortgage and Housing Corporation forecast. The CMHC report, released Thursday, forecasts income […]

Read more "Metro Vancouver home prices will see modest increases over next 2 years: CMHC report"

Here’s what you need to know about the First-time Home Buyer Incentive

The government’s First-Time Home Buyer Incentive (FTHBI) comes into effect today. The program, aimed at making it easier for young people to buy their first home by lowering new buyers’ monthly mortgage payments. According to the program, which was introduced by the Liberals in their 2019 budget, the federal government will absorb five per cent […]

Read more "Here’s what you need to know about the First-time Home Buyer Incentive"