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NEW RULES FOR HST UPDATE

(February 23, 2012)

HIGHLIGHTS OF THE RETURN TO PST ANNOUNCED BY THE BC GOVERNMENT February 17, 2012.
TODAY -  For Completion Dates between NOW and April 1, 2012, the current
tax (HST) still applies with the same rebate programs. TRANSITIONAL RULES

  • For Completion Dates between April 1, 2012 and April 1, 2013, transitional rules will apply. GST and PST will be charged. A PST new housing rebate will be available of 71.43... read more.

THE B.C. FIRST-TIME NEW HOME BUYERS' BONUS

(February 23, 2012)


Subject to approval by the legislature, the B.C. government intends to implement a temporary BC First-Time New Home Buyers' Bonus. Effective February 21, 2012, to March 31, 2013, the bonus is a one- time refundable personal income tax credit worth up to $10,000. Requirements to Qualify for the Bonus
ELIGIBLE FIRST-TIME NEW HOME BUYER
You will qualify as a first-time new home buyer if: You purchase o... read more.

January 2012 Update

(February 09, 2012)

Selection of properties broaden and demand eases to kick off 2012 in the Greater Vancouver housing market
Sales of detached homes in Greater Vancouver see a decline of 16.9% comparing only January 2011 and January 2012.  Overall Greater Vancouver properties are up 5.7% from January 2011 to January 2012.    

NORTH VANCOUVER STATISTICS

Detached Homes Benchmark Price $957,800

1 year change +11.0%
3 year chang... read more.