The Vancouver Life Real Estate Podcast December Sets More Records To Finish Year
Vancouver Real Estate ended the year on a high note setting a new all-time high price record alongside record setting sales volumes. In a year that saw the average home increase in value by 17%, or $170,000, it's no surprise the cries to slow housing down are getting louder. A CMHC funded report suggests, amongst other ideas, to tax homeowners - upwards of 1% per year. This additional cost somehow makes housing more affordable, according to CMHC. In this episode we further dissect their taxation idea, dig deeper into the December numbers, and share our predictions on what to expect in the next 3 months in the housing market.
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