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YOUR MONTHY SNAPSTATS REPORT

How easy was it Sell a property in January?
How easy was it to Buy a property in December?

Sellers, look for markets with a sales/listings ratio >21%
Buyers, look for markets with a sale/listings ratio <11%

METRO VANCOUVER REPORT HERE
GREATER VANCOUVER REPORT HERE
FRASER VALLEY REPORT HERE
METRO VANCOUVER REPORT (Chinese) HERE

West Van ATT Special Note: The median sale price increased exponentially as the data set includes a $7 million sale with only 7 other sales for the month. Therefore the median sale price of $3 mil for January is correct.

Have you checked your 2019 assessment yet? Here’s everything you need to know about this year’s BC assessments

Have you checked your 2019 assessment yet?

BC Assessment (BCA) sent home owners their 2019 assessment notices last week, which reflect your home’s market value as of July 1, 2018.

In Greater Vancouver, strata units saw overall increases, with Whistler leading the way (23 per cent and more), followed by Squamish (19 per cent and more), and Port Coquitlam (16 per cent).
In contrast, assessments for detached homes were mixed and ranged from a 14 per cent increase in Pemberton to a 12 per cent decrease in West Vancouver.

If your home had a significant increase or decrease, you would have received a warning assessment in early December 2018.

For new construction or substantially renovated homes, the estimate is based on the physical condition as of October 31, 2018.
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