Category: Uncategorized
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Affordability Drives 2025’s Metro Vancouver Budget Reform
The review will analyze services and potential savings for the 2026 budget and five-year financial plan. Ballooning wastewater treatment costs, now $3.86 billion, highlight urgency for transparency and operational improvements.
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Vancouver’s Small Condos: Investor Takeover
Vancouver’s condo market is heavily influenced by investors, who own 34% of all condos. Over 58% of condos under 600 sq. ft. in Vancouver are owned by investors.
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Things Homeowners Should Check in Winter
Protect Pipes: Insulate exposed pipes to prevent freezing and bursting during cold weather. Seal Air Leaks: Check windows, doors, and outlets for gaps to save on heating costs.
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Real estate analysts say Vancouver trends point toward increasingly active 2025
Greater Vancouver home sales increased by 31.2% year-over-year in December, totaling 1,765 transactions, though still 14.9% below the 10-year seasonal average. Newly listed properties rose by 26.3% to 1,676. The composite benchmark price was $1,171,500, up 0.5% from the previous year. Overall, 2024 saw a 1.2% rise in home sales, but total transactions remained 20.9%…
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Vancouver Condo Market: Buyer’s Window Closing
Vancouver's condo market currently favours buyers, but rising demand could shift conditions by 2026. Limited pre-sale activity and slow construction will lead to a severe condo supply shortage by 2026.
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Metro Vancouver Housing Trends: Detached vs. Condo Living
A new survey reveals over 40% of Metro Vancouver residents prefer single-family homes. Preferences for single-family homes vary by income and frequency of moving in recent years.
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Vancouver’s Homebuying Surge Continues in Mid-Q4
Greater Vancouver sales: 2,166 homes ↑ 27.6% yearly Fraser Valley sales: 1,136 homes ↑ 27.5% yearly Listings & Active Inventory Greater Vancouver: 3,725 new listings ↑ Total active listings: 13,245 ↑ Fraser Valley: 2,637 new listings ↑ Total active listings: 8,125 ↑
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Vancouver’s 2025 draft operating budget reaches $2.36 billion
Vancouver's 2025 draft operating budget proposes a 5.5% property tax increase, totaling $2.36 billion. This includes a $434 million request from the Vancouver Police Department. The increase is intended to balance the budget through efficiencies and additional revenue, costing an estimated $77 for a median strata unit and $211 for a median single-family home. Public…
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مالیات جدید ۲۰٪ بر فروش سریع خانه در BC از ژانویه ۲۰۲۵ اجرایی میشود
مالیات جدید فروش سریع خانه در بریتیش کلمبیا از اول ژانویه ۲۰۲۵ اجرایی میشود و درآمد حاصل از فروش واحدهای مسکونی که در کمتر از دو سال مالکیت فروخته میشوند را هدف قرار میدهد. نرخ مالیات برای فروش در سال اول ۲۰٪ است و در سال دوم کاهش مییابد. معافیتها برای اقامتگاههای اصلی که حداقل…
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Vancouver’s Proposed 2025 Budget
A 5.5% increase aims to support operational costs and renew aging utility infrastructure critical for housing. Significant investment in utility services, including sewerage connections, supports the housing sector’s long-term sustainability.