Category: Uncategorized
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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.
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World’s Best Cities: Vancouver
Vancouver faces challenges with limited hotel and residential spaces, driving up rental prices. Many hotels converted to social housing during the pandemic, reducing the availability of accommodations for tourists.
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Why Vancouver Is Among Canada’s Best Young Adult Cities
Vancouver, British Columbia, with 675K people, is an ideal city for young adults seeking urban living.The avg cost of living in Vancouver is $1,528/month, excluding rent.
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Vancouver Condo Market Faces Cooling Trend
Vancouver's condo market faces a slowdown due to high costs, rising interest rates, and reduced demand. Developers struggle with unsold inventory and cautious lenders, halting new projects in key Canadian markets.