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Blog by Betty Jarvis

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6818 Beaver Lane SOLD!!!

May 24th, 2017
I have just sold this beautiful classic Whistler Home for $505,000.00 over the asking price!

6818 Beaver Lane was listed at $1,695,000 and solf for $2,200,000.




First-time buyer’s interest-free down-payment program

January 11th, 2017

The new BC Home Owner Mortgage and Equity (HOME) Partnership program will begin accepting applications on January 16, 2016.

For a first-time homebuyer who has saved a down payment:

Increased home owner grant helps families with property taxes

January 10th, 2017

The Province is increasing the home owner grant threshold to $1.6 million, helping keep property taxes affordable for families and ensuring most home owners will continue to receive the full grant this year, Finance Minister Michael de Jong announced today.

“This is a 33% increase over last year,” said de Jong. “We are doing our part to help keep housing costs affordable for families. Local ...

BCREA Supports Public Protection and Consumer Confidence

June 30th, 2016

BCREA Supports Public Protection and Consumer Confidence

Vancouver, BC – June 30, 2016. BC REALTORS® want to see their clients’ interests protected and look forward to working with the new Superintendent of Real Estate.

“The vast majority of the 20,000 REALTORS® in BC do the right thing and we welcome a dedicated Superintendent of Real Estate to improve consumer protection in real estate tr ...

BC Economics Bank of Canada Interest Rate Announcement

April 13th, 2016

Bank of Canada Interest Rate Announcement - April 13, 2016

The Bank of Canada announced this morning that it is maintaining its overnight rate at 0.5 per cent. In the press release accompanying the decision, the Bank noted that although first quarter GDP growth appears unexpectedly strong, it believes that strength is temporary and will likely reverse in the second quarter. However, fiscal m ...

No let up in real estate

April 4th, 2016

Metro Vancouver's blistering housing market shows no signs of cooling as March home sales reach record-breaking figures.

Numbers from the Real Estate Board of Greater Vancouver show nearly 5,200 residential properties were sold last month, a hike of 24 per cent over February, and 56 per cent above the 10-year sales average the month.

Board president Dan Morrison says March was the highest s ...

National Ad Campaign

April 1st, 2016

This year's TV ad, 'Bikers', introduces consumers to a young couple who just moved into a home they bought without a REALTOR® and who find the neighbourhood welcoming committee isn't quite what they were expecting.

The ad informs potential home buyers and sellers about the type of guidance, expertise and know-how REALTORS® offer during a real estate transaction. The ad sends the clear messag ...

How will the 2016 BC budget affect real estate?

March 31st, 2016

The BC budget was released last month with several components related to real estate. Among the changes are:

  • Data collection on citizenship and residency when a property owner registers their property at the Land Title Office.
  • An increase in the Homeowner Grant threshold.
  • A new fund for BC Housing to create more affordable housing units.
  • Expansion of the BC Home Renovation Tax C ...

Changes to the Property Transfer Tax

March 31st, 2016

The changes to the Property Transfer Tax (PTT) in the BC Government’s Budget 2016/2017 have fallen short of BCREA’s recommendations and represent a missed opportunity by the provincial government to provide broad assistance, despite the Speech from the Throne and several months of media coverage hinting at significant relief for homebuyers.

The changes to the PTT are as follows:

Effective F ...

Canadian Monthly GDP (January) - March 31, 2016

March 31st, 2016

BCREA ECONOMICS NOW


The Canadian economy got off to a fast start in 2016 as real GDP expanded 0.6 per cent in the month of January, the fourth consecutive monthly increase. Output was led higher by gains in the manufacturing, oil and gas extraction, retail trade and finance industries. Given the strong start to the quarter, economic growth is tracking at a more than 3 per cent rate for the ...
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