What is the BC Home Flipping Tax? Starting January 1, 2025, British Columbia is introducing a Home Flipping Tax to discourage people from buying and quickly reselling homes just to make a profit. The goal is to reduce speculative buying, keep housing more affordable, and encourage long-term homeownership. If you sell a residential property (like…

The Metro Vancouver real estate market experienced another surge in buyer activity this November, continuing the momentum seen in October. According to data from the Greater Vancouver REALTORS® (GVR), home sales in the region rose by an impressive 28.1% compared to the same period last year, marking a strong close to the year for Vancouver…

What is a Net-Zero Home? Net-zero homes represent a cutting-edge approach to sustainable living. Designed to be ultra-energy-efficient, these homes generate as much energy as they consume, making them up to 80% more efficient than traditional homes built to conventional codes. In Vancouver, net-zero homes are often associated with the CHBA Net Zero Home Labelling…

When it comes to building or evaluating a home, windows and doors play a pivotal role in functionality, aesthetics, and safety. This blog will guide you through the basics of windows and doors, their common problems, and how Realtors can spot red flags to help buyers and sellers make informed decisions. Windows and Doors: What…

When we think about home foundations, we’re talking about the very backbone of a property. Foundations ensure the structural stability of the home, protecting against the elements and providing lasting support. Whether you're buying, selling, or simply maintaining a home, understanding the basics of foundations is essential. Here’s everything you need to know to spot…

When buying a home, especially in Vancouver’s unique real estate landscape, understanding the structure’s foundation is key. At the base of any solid home lies the footing—a critical component that keeps the house stable and secure. This blog will guide you through what footings are, why they’re essential, and some common issues that can arise,…

If you're in the market for a strata property in British Columbia, you'll want to be aware of some important changes coming to strata regulations, particularly around depreciation reports. These changes are designed to improve the long-term maintenance and financial planning of strata buildings, making it crucial for homebuyers like you to stay informed. Let’s…

In a significant move towards urban development, Vancouver City Council has voted to update and, in some cases, remove certain "view cones"—policies that have long limited building heights to protect the city's renowned mountain and ocean views. This decision marks a shift in how Vancouver balances its scenic beauty with the growing demand for housing,…

In a bid to strike a balance between the needs of first-time homebuyers and tenant rights, the Province of British Columbia has announced a significant amendment to the Residential Tenancy Regulation. As of August 21, 2024, the personal use-notice period for home purchasers in B.C. will be reduced to three months, down from the previously…