Mindblown: a blog about philosophy.
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BC Total Property Value Increases 1.5% in 2025 Assessments
In 2025, British Columbia has 2.2M assessed properties, ↑ 1% yearly. The total value of BC Real Estate in 2025 is $2.8T, ↑ 1.5% yearly.
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41,500 New Homes in Vancouver’s Broadway Plan
The Broadway Plan aims to add 41,500 new homes and 45K new jobs over 30 years. Updates align with new provincial Transit Oriented Areas (TOA) legislation, boosting economic growth and housing.
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Happy Family Day
In some families, it’s a day to spend time playing in the snow, building snowmen, or having snowball fights. Some families take advantage of the long weekend to have a "staycation" and enjoy the activities in their own city or town. Take advantage of this wonderful time of year to reinforce your family bonds. Wishing…
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Happy Valentine’s Day
Valentine’s Day occurs every February 14 around the world, and candy, flowers and gifts are exchanged between loved ones, all in the name of St. Valentine Valentine greetings were popular as far back as the Middle Ages, though written Valentine’s didn’t begin to appear until after 1400. By the middle of the 18th, it was…
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Vancouver Forecasts ~34K Homes by 2028
Vancouver aims to complete ~34K units by 2028, surpassing the 28,900-unit provincial target. The city’s development pipeline includes 58K units, with ~19K approved and ~14K under construction.
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B.C. sets 5-year housing targets for Surrey
The provincial government has set a five-year housing target for Surrey, aiming for 27,256 new homes by June 30, 2029. Annual reports will be provided to the minister of housing on progress. The targets include 4,233 homes for 2024-2025, increasing each year. Surrey's general manager of planning noted over 44,300 units are awaiting construction and…
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Get Your House Market-Ready
Consult a REALTOR®: A local agent helps price your home correctly and attract potential buyers. Complete Repairs: Fix any outstanding issues, like leaky faucets or worn-out flooring, for a polished look.
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Lower Mainland Property Values Stabilize in 2025
In 2025, over 1.1M properties in the Lower Mainland received updated property assessments. The total value of Lower Mainland property assessments increased slightly, from $2T to $2.01T.
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B.C. Market: Is a Year of Stability Ahead?
B.C.'s housing market in 2025 is expected to be balanced, with stable sales and prices.Lower borrowing costs should make mortgage payments more manageable for homebuyers in 2025.The main uncertainty for 2025 is the potential impact of U.S. tariffs and economic challenges.
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Home Flippers Face New 20% Tax in BC
BC’s new 20% home-flipping tax takes effect January 1, 2025, targeting quick residential property sales. The tax applies to homes sold within 730 days of purchase, with a decreasing rate over time.
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