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Read more on Revamping PTT Exemptions and New Flipping Taxes
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Revamping PTT Exemptions and New Flipping Taxes

Enhancing Housing Affordability in British Columbia: A Closer Look at the 2024 Budget Initiatives In an ambitious move to address the growing concerns over housing affordability, the British Columbia (BC) government has unveiled key initiatives in its 2024 budget that promise to reshape the housing market landscape. Amidst these initiatives, two critical changes stand out:…

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Tofino Adopts Principal Residence Requirement for Short-Term Rentals

In a significant move, Tofino has taken steps to regulate the burgeoning short-term rental market within its borders. On March 12, 2024, the local Council passed a resolution that will see the picturesque community align with the provincial Principal Residence Requirement under Bill 35. This landmark decision underscores Tofino's commitment to preserving the integrity of…

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Read more on Navigating Presale Condo Transactions in British Columbia: An In-Depth Exploration of the Significance of the 7-Day Rescission Period
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Navigating Presale Condo Transactions in British Columbia: An In-Depth Exploration of the Significance of the 7-Day Rescission Period

In the intricate process of purchasing a presale condo in British Columbia, grasping the details becomes essential. One critical aspect that significantly influences this journey is the 7-day rescission period, a safeguard provided under the Real Estate Development Marketing Act (REDMA). This period bestows upon buyers the invaluable opportunity to reconsider their purchase within seven…

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Read more on Vancouver Real Estate’s New Era for Multiple Offers
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Vancouver Real Estate’s New Era for Multiple Offers

Vancouver Real Estate: Embracing Transparency in Multiple Offer Scenarios Welcome to a remarkable era in Vancouver's real estate market, where transparency is taking center stage. In this segment, we embark on a journey through the evolving landscape of the industry, witnessing significant changes that prioritize transparency and trust. Explore how recent modifications in the disclosure…

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Read more on 10 Tips for First-Time Homebuyers
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10 Tips for First-Time Homebuyers

10 Tips for First-Time Homebuyers Buying your first home in Vancouver can be an exciting yet daunting experience, especially considering the city's unique real estate market. As a first-time homebuyer, it's crucial to arm yourself with the right knowledge and strategies to navigate the process successfully. In this blog post, we'll provide you with ten…

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Read more on BC’s New Housing Action Plan: Homes For People
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BC’s New Housing Action Plan: Homes For People

BC's New Housing Action Plan: Homes For People The British Columbia government has recently released a new housing action plan called "Homes For People". While some of the plan's commitments have been announced before, there are some new policies that are worth noting. The housing action plan includes three significant announcements that will impact housing…

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