B.C. launches speculation and vacancy tax, with new name following criticism

By Success-Sells on Friday, October 26th, 2018 or in News. No Comments

The newly titled “speculation and vacancy tax” will apply to owners of second homes in applicable areas of B.C., as of December31 The newly named “speculation and vacancy tax” will apply to those who own second and vacant homes in applicable areas of B.C. as of December 31, the provincial government announced October 16. Anyone […]


Will new cannabis laws affect your home’s value?

By Success-Sells on Friday, October 19th, 2018 or in Lifestyle. No Comments

With the new cannabis laws coming into force, would growing pot at home reduce your property’s value? What about smoking weed at home? Do you think a new cannabis store in the neighbourhood would help or hinder a home sale? A majority of Canadian homeowners (64 per cent) believe that a home where the owners […]


Which hot trends will affect the Vancouver real estate market in 2019?

By Success-Sells on Friday, October 12th, 2018 or in Lifestyle. No Comments

Three emerging factors are set to disrupt and transform the real estate market in the near future, according to a new report by Montréal-based real estate website Shupilov.com. Remote working and self-employment, disruptive technology such as autonomous vehicles and virtual reality, and lack of affordable housing are the three key trends that will affect the […]


Where to buy real estate in Greater Vancouver 2018

By Success-Sells on Friday, September 28th, 2018 or in News. No Comments

What’s a buyer to do? Despite the threat of rising rates, tighter mortgage regulations and well-intentioned government intervention, the Greater Vancouver Area (GVA) real estate market continues to defy expectations. Fraser Valley’s HPI Benchmark Price — which measures the rate at which housing prices change over time — rose more than 15%, year-over-year, for single-family […]


BC has the fastest-rising home prices in Canada

By Success-Sells on Friday, September 21st, 2018 or in News. No Comments

While the City of Vancouver continues to wrestle with the dubious distinction of being home to Canada’s most expensive real estate market, a new report from the Canadian Real Estate Association (CREA) has found that the issue extends beyond just the Lower Mainland. According to the report, the entire province is now home to Canada’s […]


At $59-million, this Oakville property may be the hardest house to sell in Canada

By Success-Sells on Friday, September 7th, 2018 or in News. No Comments

For sale: beer baron’s dream home on 10 acres of prime Oakville waterfront, finished in 2006, featuring private chapel, indoor and outdoor pools, killer views and with a new lower price of just $59-million (marked down from $65-million). That’s how much agents selling Chelster Hall, 1150 Lakeshore Rd. E., built by former Interbrew CEO Hugo […]


Metro Vancouver now Canada’s second-least competitive real estate market

By Success-Sells on Friday, August 24th, 2018 or in News. No Comments

Once Canada’s most fiercely competitive real estate market and famed for its bidding wars, Greater Vancouver is now the second-least competitive housing market in the country, according to a new study by real estate website Zoocasa. In its analysis of nationwide listings and sales data, Zoocasa found that, of the major real estate markets, only […]


Housing supply up, demand down across Metro Vancouver

By Success-Sells on Friday, August 17th, 2018 or in REBGV Updates. No Comments

July’s residential housing sales in Metro Vancouver reached their lowest levels for that month since the year 2000. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,070 in July 2018, a 30.1 per cent decrease from the 2,960 sales recorded in July 2017, and a decrease […]