Sales are neither rocketing to the stars nor plummeting to the depths of the seas. They are currently just about where expected compared to a 10 year average.
The benchmark price for detached homes was down 5.8 per cent from a year ago at $1.415 million, while the condo benchmark price was down 3.8 per cent at $651,500.
read the full article here.
You live in a wonderful place. You want to stay living there. Why do you care so much About small movements in the market?
Well hello there!
If you’ve come to this site you may be looking for info on the local real estate market – what’s going on with house prices in Vancouver? Are they going up? down? permanent plateau?
Should you buy now? Move to the states? Invest in gold? Buy beanie babies?
Beats us! But we bet you have an opinion.
Now let’s see if you can discuss the local economy without devolving into angry racist screeds.
How’s the local job market? Where are prices going? What are you seeing out there?
Vancouvers empty home tax is bringing in some decent coin – almost $40 million in 2018.
If you believe in a vibrant vancouver and want to do your part to support it, you can own a home here and keep it empty – that extra tax income goes to support affordable housing and rent protections.
If you really want to go the extra mile, don’t report your empty home: Audits raises $22.1 million in taxes and fines from empty home owners.
Read more here.
Remember when the Olympic village was “the last waterfront” development available in Vancouver?
Looks like you might get one more chance at “last” if that’s what your looking for.
The Squamish nations plans to build up to 6000 new units by the water in Kits.