Navigating the BC Home Flipping Tax
Posted on Feb 06, 2025
Starting January 1, 2025, British Columbia introduced the Home Flipping Tax to address speculative activity in the real estate market. While much of the province faces challenges like foreign buyer restrictions and empty home taxes, the Sunshine Coast presents a unique market dynamic with its strong appeal as a vacation destination.
The Home Flippin...
December Real Estate Market Recap
Posted on Feb 06, 2025
Market Re-Cap by Region:
Gibsons
HPI: $830,800 (+5.6%) | Listings: 104 (+26.8%) Sales: 12 (+20%) Months of Inventory: 8.7
While the market showed some buoyancy compared to December of 2023, the market softened slightly from November, which had an HPI of $864,700 and total inventory of 127. With only 12 sales noted, this shows several homes came off th...
Why Now is the Best Time to Buy at Wood Bay Heights
Posted on Feb 06, 2025
Titles are registering, and building can start almost immediately at Wood Bay Heights!
With prices reflecting today’s slower market, this is your chance to secure premium Sunshine Coast property before prices rise in the spring.
These ready-to-build lots feature finished roads to the driveways and are just minutes from town. Surrounded by beaches, hi...
Real Estate Tax Planning Tips for BC Homeowners & Investors
Posted on Feb 06, 2025
Now is the perfect time to review your real estate finances and prepare for the upcoming tax season. Here are some key considerations for BC homeowners, sellers, and investors:
1. Property Tax Deferment Programs
BC offers several programs to defer property taxes, especially for seniors, families with children, and those experiencing financial hardshi...
November Real Estate Market Recap
Posted on Feb 06, 2025
Price Trends: Mixed but Steady Growth
The MLS HPI for the Sunshine Coast has reached $864,900, up 6% from last year and an increase from $843,300 in October. Detached homes are leading the charge with an HPI of $933,200, up 8.1% from last November and increasing from $900,900 in October. This growth indicates continued demand for single-family homes...
Wood Bay Heights-Act Now for best Price & Selection
Posted on Feb 06, 2025
Why Now is the Best Time to Buy Land at Wood Bay Heights
If you’ve been considering purchasing land on the Sunshine Coast, now is the time to act—especially at Wood Bay Heights. With all lots currently available and prices reflecting the slower market, this is a rare opportunity. As the market picks up in the spring, prices are expected to rise.
The...