Praedia Real Estate Group

The slogan "Axe the Tax" has been making waves, this blog isn’t about the carbon tax—it’s about the Property Transfer Tax (PTT) in British Columbia, has PTT decreased or increased property values in BC, what has been the long term impact, how has it affected you?

Axe the Tax: The Unchecked Impact of BC’s Property Transfer Tax 1. Axe the Tax: The Carbon Tax on the Conservative Federal Election PlatformThe slogan "Axe the Tax" has been making waves, especially in the context of the Conservative federal election platform's promise to eliminate the carbon tax. The pitch is clear: Canadians are feeling the strain of rising co...

Vancouver and Seattle: Which Market Will Win in a Tariff-Driven Economy?

Tariffs, Real Estate, and You: Vancouver and Seattle?

With new US-to-Canada tariffs planned for February 4, 2025 now postponed for 30 days, the real estate markets in Vancouver, BC, and Seattle, WA, are poised for significant shifts...

Vancouver and Seattle: Which Market Will Win in a Tariff-Driven Economy? Tariffs, Real Estate, and You: Vancouver and Seattle?With new US-to-Canada tariffs planned for February 4, 2025 now postponed for 30 days, the real estate markets in Vancouver, BC, and Seattle, WA, are poised for significant shifts. These tariffs, which will impact key construction materials like lu...

FOR SALE 201 12088 3rd Ave Stunning 3bdrm 2bth in the Heart of Steveston Village $1,509,000

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Vancouver retail sector seeing lower vacancies, rising rents
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Vancouver retail sector seeing lower vacancies, rising rents Despite challenges such as inflation, staff shortages, minimum-wage hikes and supply chain disruptions, Metro Vancouver retailers are resilient and are starting to see silver linings. Colliers International's Spring/Summer 2023 report highlights that the region's retail sector is operating under the...

Office Vacancy Continues To Creep Up In Major Markets, Hits 5-Year High In Vancouver
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Office Vacancy Continues To Creep Up In Major Markets, Hits 5-Year High In Vancouver The Colliers report found that office vacancy rates in the two largest markets in Canada, Greater Vancouver Area (GVA) and Toronto, had inched up in the second quarter of the year. GVA's office vacancy remains the lowest in major markets across Canada, with BC being the only province with cities inc...

'Worst is over' for Vancouver office market: Colliers
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'Worst is over' for Vancouver office market: Colliers Despite a wave of office completions, Colliers estimates Vancouver’s office market vacancy rate at 7.4% and rising, while Victoria is sitting at 6.3%. Sublease space is higher than other markets in the country, with 30% of available space being offered on sublease basis. There is very little new c...

Vancouver housing: Cost to rent an apartment in July 2023
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Vancouver housing: Cost to rent an apartment in July 2023 Rental prices in Metro Vancouver have increased for the fourth consecutive month, with the average price of a one-bedroom unfurnished apartment increasing by $51 from June to July. Prices have risen year-over-year as well, with an increase of $352 since July 2022. All of the top five most expensive....

Mid-Q2 Real Estate Market Stats in Fraser Valley

Praedia Real Estate Group Praedia Real Estate Group is a real estate agent with Arnold Sam. Check out Praedia Real Estate Group's listings or office listings.

Vancouver needs 9% annual property tax increases over next 5 years to balance budget: staff
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Vancouver needs 9% annual property tax increases over next 5 years to balance budget: staff Vancouver homeowners could face higher property taxes over the next five years, according to a budget outlook report from city staff. The report predicts an average property tax increase of 9% annually, equating to an additional $116 per year for a median strata property. The report cites higher fix...

Remote Work Contributes to Vancouver Housing Approval Delays

Praedia Real Estate Group Praedia Real Estate Group is a real estate agent with Arnold Sam. Check out Praedia Real Estate Group's listings or office listings.

City of Vancouver launches digital permitting tools for housing
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City of Vancouver launches digital permitting tools for housing The City of Vancouver has launched two digital permitting resources, the Project Requirements Exploration Tool (PRET) and eComply, in order to streamline housing approvals and reduce uncertainty. PRET is an interactive tool for applicants to explore regulations and requirements for locations in Vanc...

Opinion: Vancouver detached home market soars over 30%. Promising trend or growing bubble?
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Opinion: Vancouver detached home market soars over 30%. Promising trend or growing bubble? The start of summer in Vancouver marks the beginning of the wild property selling season, with the Vancouver Real Estate Board's latest figures showing an impressive 30.7% increase in residential sales compared to the previous year. Detached homes in metro Vancouver have seen a 30.7% increase in sal...