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Information about the new HST/PST

By Debbie Matsuura on Tuesday, February 21, 2012

The province will transition back to the Provincial Sales Tax (PST), which will replace the Harmonized Sales Tax (HST), on April 1, 2013. Until then, the province has announced transitional rules for new homes which take effect April 1, 2012.

Government announces new HST/PST housing transitional rules

By Debbie Matsuura on Friday, February 17, 2012

The government today announced the HST/PST transitional rules on new homes.As the province transitions back to the PST, which will replace the HST effective April 1, 2013, measures to ease the HST burden on new home buyers include:

January 2012 Statistics from Real Estate Board of Greater Vancouver

By Debbie Matsuura on Tuesday, February 7, 2012

Selection broadens and demand eases to kick off 2012 in the Greater Vancouver housing market VANCOUVER, BC – Greater Vancouver home sellers were more active than buyers in January and overall home prices, according to the new MLS® Home Price Index (MLS® HPI), continued to experience more stability and

January 2012 Statistics from Fraser Valley Real Estate Board

By Debbie Matsuura on Tuesday, February 7, 2012

2012 kicks off with new home price measurement; and, a sluggish start to sales SURREY, BC – The Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) processed 799 sales in January, a decrease of 4 per cent compared to the 834 sales in January last year and 10 per cent fewer than were processed [...]

Watch REBGV Stats Videocast – December 2011 here

By Debbie Matsuura on Monday, January 9, 2012

REBGV Stats Videocast – December 2011 Click on the box above to view the monthly market update videocast featuring Board President Rosario Setticasi.

HOME OWNERSHIP INCENTIVES IN CANADA : First-time Home Buyers’ Tax Credit/Home Buyers’ Plan

By Debbie Matsuura on Sunday, January 8, 2012

While numerous additional programs are offered on the provincial level, Canada’s Economic Action Plan focuses on two national initiatives: the First-Time Home Buyers’ Tax Credit and expansion of the home Buyers’ Plan.

December 2011 Statistics from Fraser Valley Real Estate Board

By Debbie Matsuura on Thursday, January 5, 2012

2011 real estate market showcases regional variation SURREY, BC – Overall, Fraser Valley’s real estate market in 2011 was below the 10 ‐year average in property sales and above average in the number of new listings received, however,

December 2011 Statistics from Real Estate Board of Greater Vancouver

By Debbie Matsuura on Wednesday, January 4, 2012

Balanced real estate market prevailed through much of 2011 The 2011 Greater Vancouver housing market began with heightened demand in regional hot spots and concluded with greater balance between seller supply and buyer demand.

BC’s property assessments are out. Here is the property owner’s checklist.

By Debbie Matsuura on Tuesday, January 3, 2012

Have you received your 2012 property assessment notice? If it has not arrived in the mail by January 20, call toll free 1-800-668-0086. If so, review it carefully.