Bill Noy White Rock South Surrey Realtor
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New Rules: What's Changing

The realtor based Real Estate Council of B.C. is being replaced. A provincial government appointed superintendent of real estate will take over all rule-making in real estate.

  • Higher fines: up to $250,000 for agents and $500,000 for brokerages.
  • Realtors who engage in misconduct will have to return commissions to victims
  • An end to “double ending,” in which a Realtor represents both buyer and seller

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Prices by Housing Type

Prices by neighbourhood

Townhomes by neighbourhood

Apartments by neighbourhood

Sales-to-Active Ratio

Housing market hectic especially for apartments and townhomes

In June, the benchmark price of townhouses increased 27.9 per cent compared to June 2015. The benchmark price of apartments also increased year-over-year by 20.8 per cent.

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What are they? A Depreciation Report is a business plan that factors in when common assets such as roofs and elevators will need to be repaired, renewed or replaced. The idea behind depreciation reports is to budget for inevitable expenses so that strata owners are not ýblindsidedţ by Special Levies.
What is means to you No depreciation report creates uncertainty for buyers and may effect their ability to get financing.
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Strata
Whats Up?

 


If you're buying a new home it costs you nothing to have me representing your interests.

My commission is paid by the seller. There are clear advantages to using me as as your buyers agent.

 


Economic Forecasts

Facts and figures from the Brtish Columbia Real Estate Associatiion
Strata
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These are not my listings,
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