Rising mortgage rates brought uncertainty and caution to Metro Vancouver’s housing market in 2022
Posted on Jan 10, 2023
After seeing record sales and prices during the pandemic, Metro Vancouver’s* housing market experienced a year of caution in 2022 due to rising borrowing costs fueled by the Bank of Canada’s ongoing battle with inflation.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 28,903 in 2022, a 3...
Tax Assessment Value Versus Market Value
Posted on Jan 10, 2023
BC Tax Assessments have been mailed out!
These Tax Assessment values are based on the Market Values determined by Provincial Tax Assessors for the purposes of determining what tax to charge a home owner. These are based on Market Values as of July 1, 2022.
The Tax Assessor takes into consideration characteristics including size, layout, shape, age, f...
