In 2023, residents and businesses in Burnaby will experience one of the lowest property tax increases compared to other municipalities in Metro Vancouver. The Burnaby City Council has approved a 3.99% municipal property tax increase, resulting in an average increase of $74 in the total tax levy of $1,931 for a residential home valued at
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The Bank of Canada today held its target for the key interest rate steady for the first time in a year, at 4.5 per cent. The Bank is also continuing its policy of quantitative tightening. Global economic developments have evolved broadly in line with the outlook in the January Monetary Policy Report (MPR). Global growth
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Several major banks in Canada reported first quarter earnings last week, and those earnings provide an important glimpse into the direction of the nation’s housing market. It also provides a reason for the steady Vancouver housing market. CIBC, TD and BMO allow negative amortization on home loans. Assuming you purchased a fixed repayment variable rate
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The amount of Canadian mortgage debt has been increasing, with a rise of 7.1% ($137.8 billion) in the past year, reaching a total of $2.08 trillion in December. Though growth is slower compared to its peak, it remains high when viewed historically, and is growing much faster than GDP. This growth is expected to have
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Last week we talked about the Prohibition on the Purchase of Residential Property by Non-Canadians Act is seriously doing damage to the commercial real estate in Canada. The regulations also pose another challenge to land development as they forbid Canadian companies with over three percent foreign ownership from acquiring undeveloped land for residential purposes and
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The Prohibition on the Purchase of Residential Property by Non-Canadians Act, which came into effect on January 1, 2023, prohibits foreigners from purchasing residential property in Canada for two years, is intended to prevent foreign buyers from competing for a limited number of properties, but it seriously hurts commercial real estate in Canada. Real estate
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Construction costs play a significant role in determining home prices, typically accounting for more than one-third of development costs. residential construction costs in Canada rose 1.0% in the fourth quarter of 2022, while non-residential construction costs rose 1.6%. Key factors driving the increase include skilled labour shortages, the cost of construction materials such as fuel,
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本週末9月10號及11 號 Open House 8471 Carmel Road, Richmond 開放時間：9月10、11日(星期六、日)下午2-4時 【樓盤資訊】 地區：列治文 室內面積：3,609呎 總面積：7,018呎 戶型：6房5衛 配備：2車位 建成時間：1995年 2021年稅：$5,891.97 掛牌價格：$2,388,000 3548 Sawmill Crescent, Vancouver 開放時間：9月10 號(星期六) 下午2-4時 【樓盤資訊】 地區：溫哥華 室內面積：1,192呎 戶型：2房2衛1書房 配備：2車位 建成時間：2022年 物業費：$649.53 2022年稅：$1,762.52 掛牌價格：$1,098,000 有興趣的客戶，歡迎聯絡我們! 【聯繫資訊】 最好的房源盡在Vancouver First Realty 請即聯繫專業地產顧問Edgar Sung 查詢温哥華現樓及樓花: （加拿大）604-813-8311 （ 香港 ）852-9163-8311 Whatsapp: https://wa.me/16048138311 留言接收Facebook私人訊息 網址: www.vancouverfirstrealty.com **本公司的海外物業銷售代理專責代理香港以外之海外物業, 故不受香港地產代理條例限制。本廣告載有可能經電腦修飾的圖片, 僅供參考。**
Continue reading ...位於素里市中心Pura位置便利，毗鄰Surrey Central 天車站、大型購物中心 Central City、SFU 及 Kwantlen Park ，亦鄰近主幹道King George Blvd及Trans-Canada Highway，交通四通八達。
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