Team Berg Blog

Blog by Barry Berg

Making sense of property taxes

June 15th, 2016
You've received your 2016 property tax notice (based on market value as at July 1, 2015), but you aren't entirely sure what you're paying for. If you own or lease a property or manufactured home in British Columbia, you must pay annual property taxes for each property. The money raised from property taxes is used to fund local programs and services including:
  • Hospitals
  • Schools (for more i ...

Demand remains elevated across the Metro Vancouver housing market

June 7th, 2016

Metro Vancouver homes continue to sell at an unprecedented rate in communities across the region.

Residential property sales on the region's Multiple Listing Service® (MLS®) totalled 4,769 in May 2016, an increase of 17.6 per cent from the 4,056 sales recorded in May 2015 and a decrease of 0.3 per cent compared to April 2016 when 4,781 homes sold.

Last month’s sales were 35.3 per cent above ...

Condo Sales Report - May 2016

June 6th, 2016
Everyone knows the real estate market is hot in Vancouver. But just how hot is it in Yaletown? According to the Real Estate Board of Greater Vancouver, for May 2016, the market value of condos in Yaletown has increased by 25.7% (when compared to May 2015). And the benchmark price of condos that have sold in May sits at $773,100.

See the report below:

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11520 WILLIAMS ROAD, Richmond, BC

June 6th, 2016

I just finished uploading this House for sale, 11520 WILLIAMS ROAD, Richmond, BC

FANTASTIC FAMILY HOME IN POPULAR IRONWOOD! This north facing 6-bedroom home comes with two potential mortgage helpers. Features gourmet chef's kitchen with granite counter tops & S/S appliances, covered deck perfect for BBQs, 9' ceilings, great detail in woodwork throughout the home including beautifully don ...