Jane Seyd, North Shore News, Jan 11, 2019
While property assessments for single-family homes have been falling across the North Shore, commercial assessments have been heading in the opposite direction —clocking in with dramatic increases for the second year in a row.
That has a number of owners worried about what it could mean for taxes – and the viability of local businesses – in the future.
Ross Forman of Re/Max,
Jane Seyd, North Shore News, Jan 8, 2019
Dramatic changes in the real estate market have shifted areas of the North Shore that were multiple-offer territory into a buyer’s arena.
What went up in a spectacular rise in the run-up to the real estate peak of 2016 is now on its way back down. The most dramatic changes have been in the market for detached homes, particularly for the priciest mansions in West Vancouver.
Jane Seyd, The North Shore News, Jan 16, 2017
Nearly 13,000 homeowners on the North Shore got a tax break from the provincial government last week.
That’s because the province announced it is raising the assessment threshold cut-off for the homeowners’ grant to $1.6 million of assessed value from a previous $1.2 million.
According to the data company Landcor, which analyzed BC Assessment figures,
Jane Seyd, North Shore News, Jan 10, 2017
Thousands of homeowners in North Vancouver will get to keep the provincial homeowners grant after the government announced Tuesday it is raising the assessment threshold at which owners no longer qualify for the help.
Finance Minister Mike De Jong made the announcement Tuesday morning in Vancouver.
The change raises the threshold at which owners begin to lose the grant from $1.2 million to $1.6 million of assessed value,
Jane Seyd , North Shore News, Sept 22, 2016
Figures released by the province on Thursday appear to confirm what many local Realtors already knew – that interest from foreign buyers in the real estate market has fallen significantly since the province imposed a 15 per cent tax on deals involving foreign citizens.
According to data released by the government, real estate transactions involving foreign buyers made up about 13 per cent of the total number and 16 per cent of the total value changing hands between June 1 and Aug.
Jane Seyd, North Shore News, May 7, 2016
For the past 13 years, freelance writer Alex Rose and his family have lived in a neighbourhood of gentle green hills in West Vancouver, on the corner of St. Denis and Palmerston. Rhododendrons and roses bloom in gardens and there’s a view across Burrard Inlet from the deck.
“It’s a very modest house with a lovely bit of land,” said Rose – similar to other older homes that used to make up the neighbourhood.