Greater Vancouver Real Estate Market Report for October 2018

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

What foreign buyers need to know about taxes

Property in the Lower Mainland continues to attract investors world-wide. So it’s important for buyers to understand Canada’s tax laws. Here is a brief summary of information. Resident or non-resident? Under Canada’s income tax system, whether an individual is a...

Greater Vancouver Real Estate Market Report for September 2018

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

New powers for strata corporations to fine owners of short-term rentals

Strata corporations will have new powers to pass bylaws restricting or banning short-term rentals and fine non-compliant owners or residents up to $1,000 a day because of changes to the BC Strata Property Regulation. The goal is to help strata corporations deal with...

Tips to help sell your home

Are you thinking of selling your home? Before your Royal Pacific Realty Realtor® begins showing your home, you'll want to ensure it’s in tip-top condition. An attractive, well-kept home typically has a better chance of selling sooner. Minor exterior and interior...

Save a downpayment to buy a home this year. Here’s how!

You're saving a down payment to buy your first home. Follow these steps and watch your down payment grow. 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...

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Royal Pacific Realty cares about its communities

Some things remain constant. Royal Pacific REALTORS® dedicated commitment to improving the quality of life in their communities is one of them. Royal Pacific REALTORS® are well known for donating their time and energy to charitable causes. Setting the tone and...

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Vancouver plans to regulate short-term rentals

To protect long-term rental housing stock Vancouver is proposing to regulate short-term rentals (STRs). An STR is a rental for less than 30 days in a residentially zoned property, other than a bed and breakfast (B&B). There are upwards of one thousand STRs within...

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Royal Pacific Realty Group REALTORS® work hard on your behalf

Royal Pacific REALTORS® always go that extra mile. Whether you live in Vancouver, Coquitlam, Richmond, West Vancouver, Hong Kong or London, we’re here to serve you. We’ll work with you in any way that makes you comfortable - by phone, text message, skype or zoom, in...

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10 ways to make home ownership more affordable

We came across this article on "10 ways to cool housing prices in Metro Vancouver" by urban planner and architect, Michael Geller. It also applies to the rest of Canada and could also be titled "10 practical ways to make homeownership more affordable." We like...

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Could you sell your home yourself?

Ofcourse you could sell your own home. Spring is just around the corner - a popular time to sell a home. Are you thinking - maybe I should sell my home myself and save the REALTORS®’ fees? We say yes - go ahead and sell your home yourself, if you have the skills and...

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31 great cost-savings programs

Hi! Here are 31 terrific cost-savings programs that will save home buyers and home owners $$$$. Cost-Savings-Program-June-2017 All the best, Andrew Peck, vice-president and general manager apeck@royalpacific.com...

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Dealing with CRA on Residential Resale GST|HST Audits

Matt Beck of Grant Thornton, the author of this paper, is the accountant that Royal Pacific used in our recent GST audit, that we won. If anyone has clients that are being questioned about the applicability of GST exemptions for a new home purchase, they can call upon...

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What foreign property buyers need to know about taxes

Property in the Lower Mainland continues to attract investors world-wide. So it’s important for REALTORS’® clients to understand Canada’s tax laws to help them better avoid mistakes and pitfalls. Here is a brief summary of information relevant to REALTORS® with...

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Spring home selling = good sense in Metro Vancouver!

Spring is the time of year when home buyers get serious. It can also be a great time for a seller to get the best value for their home. Here's why: Spring buyers are serious buyers. They want to buy their home and take possession during the summer months, so they and...

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