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Commercial Real Estate Market Update

Heightened sales activity leads a busy 2021 for commercial real estate in the Lower Mainland Sales activity in the Lower Mainland’s commercial real estate market reached the second-highest annual total on record in 2021. There were 2,659 commercial real estate sales in the Lower Mainland in 2021, a 65.3 per ...

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What you need to know as the CRA cracks down on principal residence exemptions

If you sold your principal residence in 2021, you need to report that sale on your 2021 tax return, generally due on May 2, 2022, even if it fully qualifies for the principal residence exemption (PRE). The designation of your principal residence is reported on the second page of Schedule 3 of ...

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Vancouver Real Estate Market Update, February 2022

Listings inch up, demand remains steady and price gains continue in Metro Vancouver’s housing market in February The Metro Vancouver housing market saw steady home sales activity, modest increases in home listings and continued upward trends in pricing in February. The Real Estate Board of Greater Vancouver (REBGV) reports that residential ...

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