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Read more on Vancouver Proves To Be The Weakest Link
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Vancouver Proves To Be The Weakest Link

Vancouver is in 'full-blown correction mode,' RBC economist says, with more price depreciations expected. Stress tests for mortgages as well as increasing interest rates have had a compounding an affect on all real estate across Canada. These are national issues that have affected the market nation wide. Each market has been hit differently, leaving Vancouver…

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Read more on Oil Tanks in Vancouver
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Oil Tanks in Vancouver

History of Oil Tanks Homes in the greater Vancouver area built before 1960 were originally heated with furnace oil. Rather than being stored above ground in environmentally friendly, safe containers, the majority of these tanks were located underground in backyards. As a result of natural gas becoming more popular, and oil less favorable these oil…

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Read more on Luxury Home Sales Plummeted in 2018!
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Luxury Home Sales Plummeted in 2018!

Luxury Home Sales Plummeted in 2018! Don't think that the decline in sales in the Vancouver market is only affecting one section. Luxury home sales are taking a decline as well, actually even more so. Homes that sold for over $1 million fell 26% to 3,151 units sold in 2018 from 4,282 units sold in…

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Read more on Want To Appeal Your Property Assessment?
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Want To Appeal Your Property Assessment?

Want To Appeal Your Property Assessment? It is that time of year, property assessments are arriving! It is important to know that your property tax bill is based on the assessed value of your property which is determined on a certain date, generally on an annual basis. If you want to appeal your property assessment, follow the steps…

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