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Blog by Linda M Linfoot

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GST cut helps home buyers,owners, renters, CHBA says

December 1st, 2008
OTTAWA, October 30, 2007 - The Harper government's decision to cut the GST to 5 per cent, effective January 1, 2008, will significantly improve housing affordability, the Canadian Home Builders' Association (CHBA) said today. "This is great news for both home buyers and owners," CHBA President Richard Lind said. "It will help all owners who are considering renovations and all Canadians who m ...

GST On Home Purchases

November 9th, 2008
Until, or if, the federal government changes the GST, you will be required to pay it if you buy a new home that's newly constructed or substantially renovated. The good news is that you may be eligible to claim a rebate for a portion of the GST or amount you pay on the purchase price or cost of building your new home if you meet one of the following: You buy a new or substa ...

2009 BC Land Assessments

November 8th, 2008
Landcor Data Corporation Responds to the 2009 BC Assessment Freeze Announcement NEW WESTMINSTER, BC, Nov. 7 The Government of British Columbia announced on November 1st, 2008 that the BC Assessment Authority will not be issuing new property tax assessments for 2009, but will lock in the 2008 assessed values. In this effort to "avoid confusion, anxiety and unnecessary assessment appeals" ma ...

The Informed Buyer-Seller Issue 11

November 5th, 2008
The Informed Buyer-Seller Issue 11

215 6888 SOUTHPOINT Drive, Burnaby South, British Columbia

November 4th, 2008
I just sold this Condo at 215 6888 SOUTHPOINT Drive, Burnaby South, British Columbia . View this recently sold Condo or see all my home sales

Housing Price Decline

November 4th, 2008
Residential housing price decline creates buying opportunities VANCOUVER, B.C. – November 3, 2008 – Housing price reductions across Greater Vancouver over the last six months have eliminated price gains witnessed in the first quarter of 2008. The Real Estate Board of Greater Vancouver (REBGV) reports that residential benchmark prices, as calculated by the MLSLink Housi ...

"8 Closing Costs to be Aware of When Buying A Home"

October 24th, 2008
"8 Closing Cost to Be Aware of When Buying a Home"

Economic Highlights

September 17th, 2008
NORTH AMERICAN & INTERNATIONAL ECONOMIC HIGHLIGHTS • The 2008 federal budget gave birth to arguably the most dramatic change in Canada’s savings system since the introduction of the Registered Retirement Savings Account (RRSP). • The Tax-Free Savings Account (TFSA) is simply a tax exempt savings account which is available to any individual aged 18 and over. At this point, ...

The Informed Buyer - Seller Issue 9

September 4th, 2008
The Informed Buyer - Seller Issue 9

Housing Starts Surge

September 1st, 2008
Housing starts surge Latest month available: September   Canadian housing starts continue to defy expectations with starts rising a phenomenal 19.6% in September to an annualized 278,200 units, the highest level of starts since 1978. Market expectations had been for starts to moderate to 218,000. The increase came on top of an upwardly revised level in August of 232,700, originally estima ...
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