Real Estate In Victoria BC – New Housing Rebate & GST at 5%

Posted by & filed under Alberta Real Estate Update, BC Real Estate Update, Manitoba Real Estate Update, New Brunswick Real Estate Update, Newfoundland & Labrador Real Estate Update, Northwest Territories Real Estate Update, Nova Scotia Real Estate Update, Nunavut Real Estate Update, Ontario Real Estate Update, PEI Real Estate Update, Prestigious, Québec Real Estate Update, Saskatchewan Real Estate Update, Victoria Real Estate Update, Yukon Real Estate Update.

When purchasing Real Estate in Victoria there are extra costs that apply. If you purchase a new home or substantially renovated home, GST (HST in some provinces) is applicable. As of January the 1st, 2008 GST was reduced from 6% to 5%. There is also a provincial Property Transfer Tax which is calculated at 1% on the […]

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Victoria BC Real Estate – April 2009 Sales Volume Rivals April 2008 Numbers

Posted by & filed under BC Real Estate Update, Prestigious, Victoria Real Estate Update.

Spring Real Estate Sales Soar In Victoria BC Sales of homes and other properties throughout Greater Victoria soared in April while prices remained stable with some modest fluctuations up and down, depending on the property type. A total of 747 homes and other properties sold in April through the Victoria Real Estate Board’s Multiple Listing […]

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Real Estate In Victoria BC Canada – Grant Threshold Increase Good For Homeowners

Posted by & filed under BC Real Estate Update, Victoria Real Estate Update.

As the price of Real Estate in Victoria and BC rises so does property taxes. The home owners grant that applies to the taxes paid on your principal residence (no grant on investment properties) has just been changed. Here are the details: Increasing the Home Owner Grant threshold to $1,050,000 from $950,000 in assessed value is good for homeowners […]

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Real Estate In Victoria BC – Thinking of Buying Part 6

Posted by & filed under Victoria Real Estate Update.

Victoria Neighbourhoods As Canadians, we’re fortunate to have livable cities, neat and attractive subdivisions, and neighbourhoods that are ideal places to live, work and play. When it comes to finding the right community for you, it’s not so much a matter of finding a good community as picking the best of many. We at Properties […]

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Real Estate In Victoria BC – BC Home Sales Smash Record Book

Posted by & filed under BC Real Estate Update, Prestigious, Victoria Real Estate Update.

BC Home Sales Smash Record Book Victoria Real Estate has certainly done well over the last year and so has this wonderful province of ours, British Columbia (BC).  British Columbia Real Estate Association (BCREA) reports the following stats: British Columbia Real Estate Association (BCREA) reports residential sales volume on the Multiple Listing Service® (MLS®) in […]

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Real Estate In Victoria BC – Green Housing Reveals BC Trends

Posted by & filed under BC Real Estate Update, Prestigious, Victoria Real Estate Update.

New Survey on Affordability and Green Housing Reveals BC Trends Green Real Estate is a pretty common word in Victoria these days. A survey of homeowners and renters across British Columbia suggests that, when it comes to housing, affordability concerns and making smart green choices are top of mind for most BC residents. Sponsored by […]

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