Greater Vancouver Real Estate Market Report for January 2019

Here's a look back at real estate market statistics for Greater Vancouver listings and sales for January 2019 from Royal Pacific Realty. Subscribe to receive these directly in your inbox every month!MLS® HPI Benchmark Price for January 2019HPI stands for...

Real estate is still a great investment

How would you like to own an investment – your home - that increased in value more than three times (342%) in just under 20 years? That’s what would have happened if you had bought a home in Greater Vancouver in the year 2000.The benchmark sales price in December 2000...

CREA: Immediate Past President Andrew Peck Passes Away

  CREA: Immediate Past President Andrew Peck Passes Away It is with great sadness we are informing you about the passing of the Canadian Real Estate Association’s Immediate Past President Andrew Peck. He was 59. Andrew spent eight years serving as a Director for CREA...

Greater Vancouver Real Estate Market Report for December 2018

Here's a look back at real estate market statistics for Greater Vancouver listings and sales for December 2018 from Royal Pacific Realty. Subscribe to receive these directly in your inbox every month!MLS® HPI Benchmark Price for December 2018HPI stands for...

Holiday selling makes good sense!

Goodwill and holiday cheer can make this season a great time to sell your home. Here’s why: Christmas buyers are serious buyers.  Buyers looking during this time are known to be serious. They include soon-to-be residents relocating here from out of town and residents...

Property taxes – what you need to know

Property tax notices were sent to home owners and businesses in June and are due the first or second business day in July, depending on the municipality. No tax notice? Property owners who didn’t receive a tax notice should contact their municipal finance department...

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Greater Vancouver Real Estate Market Report for May 2018

Here's a look back at real estate market statistics for Greater Vancouver listings and sales for May 2018 from Royal Pacific Realty. Subscribe to receive these directly in your inbox every month! MLS® HPI Benchmark Price for May 2018 HPI stands for “Home...

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How to defer your property taxes

Property taxes are due the first week of July 2018. If you’re a property owner unable to your pay property taxes on your principal residence, you may be eligible for the BC Property Tax Deferment Program. This is a low-interest loan program that lets qualifying...

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15 great ways to save a down payment to buy your first home

  1. Are you celebrating a birthday? Consider setting up a down payment account. Then let mom, dad, grandma, older siblings, aunties and uncles, and anyone else who usually buys you gifts, write a cheque instead. 2. Have you accomplished something important like...

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The economic spin-offs of real estate sales

Real estate sales are a key economic driver in Greater Vancouver. Last year (2017), 35,993 homes changed ownership here, generating $2.4 billion in economic spin-off activity and an estimated 17,130 jobs into Greater Vancouver neighbourhoods. The total dollar value of...

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Greater Vancouver Real Estate Market Report for February 2018

Here's a look back at real estate market statistics for Greater Vancouver listings and sales for February 2018 from Royal Pacific Realty. Subscribe to receive these directly in your inbox every month! MLS® HPI Benchmark Price for February 2018 HPI stands for “Home...

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The new speculation tax. Who pays it?

In the February 28, 2018  Provincial Budget, the BC government announced it would introduce legislation to impose an annual speculation tax effective for the 2018 tax year. The speculation tax targets foreign and domestic speculators in BC - homeowners with property...

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