For years, GST has been one of the largest additional costs facing buyers of new construction in British Columbia. For some first-time buyers, that calculation has now changed substantially. Canada’s new First-Time Home Buyers’ GST/HST Rebate is now in effect. The legislation received Royal Assent on March 13, 2026, and the Canada Revenue Agency is…
For many years, buyers interested in a new Vancouver condo essentially faced one main decision: which presale project should they buy? Today, the decision can be considerably more interesting. A buyer looking for a newer home in Greater Vancouver may have three distinct opportunities: At first glance, these options may appear similar. In all three…
If you follow Vancouver’s presale market closely, you may have noticed that not all projects perform the same way. Some projects generate significant buyer interest shortly after launch. Sales centres are busy, inventory moves quickly, and buyers worry about missing opportunities. Other projects, despite attractive renderings and modern amenities, experience slower sales and remain available…
Presale assignments can present meaningful opportunities for both buyers and sellers. However, they are also more complex than many people expect. Unlike a standard resale transaction, an assignment involves the transfer of a purchase contract rather than a completed property. This distinction introduces additional legal, financial, and practical considerations that should be understood before proceeding….
Over the past year, many condo buyers and presale purchasers have felt stuck in the same uncomfortable place: higher borrowing costs, softer resale conditions in certain segments, and a lot more uncertainty about pricing. That is why I pay close attention to what happens at the margins of the market—especially when sophisticated buyers start moving again. A…