Monthly Archives: June 2010

Property Transfer Tax (PTT) and Vancouver Real Estate

*** Looking for a PTT Calculator? Check out the BC Property Transfer Tax Calculator! *** I get questions all the time about BC's Property Transfer Tax and how it applies to Vancouver Real Estate. Here's a simple explanation. BC's Property Transfer Tax - What is it? Property Transfer Tax (PTT) is a British Columbia tax on the sale or transfer of ownership of any residential real estate property in the Province. How Much is the PTT? BC's PTT rate is 1% on the 1st $200,000 and 2% of the balance of the purchase price of the any property sold  in… Find out more

Vancouver First Time Home Buyers Advice Episode 4 – How to Efficiently Search for Properties

Vancouver First Time Home Buyers Advice Episode 4 - Making the Search Easy! So you've hired a Realtor in Episode 3: How to Hire a Realtor. Now its time to put them to work! Nobody likes to waste time. In this Episode we will talk about how to efficiently search from a home with the assistance of a Real Estate Agent. Let get started! Get Some Tools! Your Realtor will have some great web-based real estate research tools, like Private Client Services that will notify you of new listings, let you know whats actively on the market, and most importantly,… Find out more

May 2010 Sales Statistics from the Real Estate Board of Greater Vancouver

Here are the May 2010 sales statistics from the Real Estate Board of Greater Vancouver. I'd love to hear your thoughts and comments! REBGV Stats - May market offers buyers greater selection The number of properties listed for sale in Greater Vancouver continued to rise in May, while the number of sales showed a year-over-year decrease. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 3,156 in May 2010, a decline of 1 0.4 per cent compared to the 3,524 sales in May 2009; 5.1 per cent more than the 3,002 sales… Find out more