Vancouver Housing Market Update: August 2024 - Navigating New Trends Amid Economic Shifts
As we step into August 2024, the Vancouver housing market is witnessing some critical changes. The latest Edge Report provides a comprehensive look at what's happening in our local market and beyond. Here’s a breakdown of the key insights and what they mean for you, whether you’re a homeowner, pote
Bank of Canada Cuts Rates: What This Means for Vancouver Real Estate
The Bank of Canada has just reduced its policy rate by another 25 basis points on July 24th. This marks back-to-back rate drops of 25 basis points, making Canada the first G7 country to reduce its policy rate consecutively. The policy rate now sits at 4.5%, with a total drop of 50 basis points.
Deducting Real Estate Commissions in Canada
Selling a Revenue Property in Vancouver BC: Capital Gains Tax and Deducting Real Estate Commissions in Canada So, you’ve decided to sell an investment condo or another revenue property in Vancouver. The first thing you need to do is talk with your mortgage lender to check how much your mortgage pen
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