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MARKET UPDATE Every Market offers unique opportunities to clients. For example, this market we are currently in is an excellent time to buy a detached house or land or upgrade to a larger condo. This is especially true if you are selling a condo in order to make the land purchase. We have assisted dozens…
An overall Global Economic slowdown caused by tariffs, and overall political uncertainty has caused the bond market yields to fall. We may not see a recession in 2020 as originally thought, but there is tremendous volatility in play at present. In July, the jobless rate rose causing the Bank of Canada to come up with…
Carolynne R. Maguire, Notary Public In residential conveyancing, there are numerous circumstances under which funds must be retained in trust after the transaction is completed, but none more onerous than that contemplated by Section 116(5) of the Income Tax Act (the “Act”). Therein, a non-resident of Canada is obligated upon disposition of real Canadian property…
The real estate market in Vancouver continues to chug along at a consistent moderate pace with the odd spits and spats of activity. Through our 38+ Point Marketing Plan, we have been successful in generating a high turnout and multiple offers on most of our listings resulting in well above market sales. The attached product…