Asking Price vs. Selling Price: A Guide to Vancouver Home Sellers
Posted on Jan 16, 2025 in Home Sellers Tips
When selling your home in Vancouver, setting the right price can be a game-changer. As a homeowner, you may have heard the terms “asking price” and “selling price” used frequently in the real estate market, but understanding the difference and their impact on your sale is crucial. I’ve put together this guide in hope to give sellers insights as a t...
2024 Year-End Sales Numbers in Vancouver
Posted on Jan 09, 2025
SALES NUMBERS IN VANCOUVER 2024
Vancouver Year-End Sales Numbers Summary 2024
The Vancouver real estate market in 2024 exhibited modest growth, with both average and benchmark home prices experiencing slight annual increases.
The average home price in Greater Vancouver reached $1,275,672 in December 2024, marking a 2.5% year-over-year rise. Similarly...
BC Home Flipping Tax - January 2025
Posted on Jan 02, 2025
Home Flipping Tax Explained
As of January 1, 2025, the BC Home Flipping Tax has officially come into effect, and it’s essential for home buyer and home sellers to understand how this new tax differs from the federal property flipping tax. Specifically, this tax targets short-term property sales within British Columbia.