Mike Carson

Your local Sunshine Coast Realtor

Cell 604-740-1841

Office (24 hour pager) (888) 385-3295

Email: mikecarson604@gmail.com

The joint agreement signed by the NDP and Green parties reiterates an election promise both made to take action on real estate speculation and fraud.  


However, real estate is mentioned just once in the agreement in section 4(b), where the parties agree to:

 

    “Make housing more affordable by increasing the supply of affordable housing and take action to deal with the speculation and fraud that is driving up house prices.”

 

There are no further details available yet but we can glean some idea from the party platforms put forward by the parties prior to the election.  Ironically, the Green party has come up with the more draconian measures of the two:


1)  a hike in the property transfer tax for homes assessed at more than $3 million,

2)  a tax on lifetime capital gains more than $750,000 on principal residences,

3)  bumping the foreign buyers tax to 30 per cent and making it provincewide,

4)  progressive property taxes, and

5)  a switch to income-based homeowner grants.

 

For more information on the respective parties' platforms see this article on the Business in Vancouver web site:  https://www.biv.com/article/2017/4/housing-top-priority-ndp-green-platforms/


 

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If you would like to stay abreast of the local Sunshine Coast real estate market please consider subscribing to my monthly newsletter and other communications.   I gather together all the relevant information out there and present it to you in an easily digested format. 

 

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  • Information and statistics on the state of the local Sunshine Coast real estate market, as distinct from the Vancouver or Lower Mainland;
  • Links to the latest reports and forecasts by experts in the field;
  • Tools and tips to help you better understand the housing market;

 

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I have sold a property at 668 HARMONY LANE in Gibsons.
Unsurpassed location, a short stroll to shopping, restaurants, Marina, and great swimming beach, combined with private setting, luxurious landscaping, detached garage and studio, makes this well maintained charmer a "10"! Well updated with gas fireplace and skylights, carefully preserved classic features like high coved ceilings and original hardwood floors, and still room to put your personal touches on this solid home. Easy to show, call Realtor for private showing.
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Now you can always see the latest statistics for Sunshine Coast real estate -- total active number of listings and sales, days on the market, benchmark price, and more -- by going to the "Market Satistics" tab under "Blog" on my web site. These easy-to-read reports are generated by the Real Estate Board of Greater Vancouver on a monthly basis and usually come out at the end of the first week of every month.  Stay in the loop and check here often.

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.