Listen in to hear some tips and expert advise on Real Estate, Investment, Wealth and how to execute on your projects ! We are based in Victoria BC British Columbia and I love to help my listeners with any questions they may have :-)
BC Home Group - Shirin Purewal
How do US tariffs affect Canadian real estate?
Starting January 1, 2025, British Columbia is introducing the BC Home Flipping Tax to curb short-term property sales. In this video, I break down how this new tax works, how it differs from the federal property flipping tax, and what this means for homebuyers, real estate investors, and sellers.
The housing market in British Columbia, Canada, is currently experiencing high demand with limited inventory, keeping prices elevated despite rising interest rates. Affordability remains a challenge, especially in urban areas, while potential buyers and investors are cautiously watching for any market adjustments.
The Canadian real estate market is navigating an intriguing landscape shaped by fluctuating interest rates, economic policies, and global influences. With discussions around inflation, precious metals like gold and silver remain in the spotlight as potential hedges against economic uncertainty. Meanwhile, the effects of previous events, such as the Trump presidency, continue to spark debates on global markets and their influence on the Canadian economy. In Victoria's real estate market (#YYJRE, #YYJRealEstate), buyers and sellers are adapting to these changes, seeking opportunities despite economic shifts. Whether you're investing in property or exploring financial strategies, staying informed about key market trends is crucial for success in Canada's evolving real estate sector. #YYJ #Victoria #Money
Your Real Estate & Market Rundown: Stock Market Update, Global Market Insights, Real Estate Trends. Stay informed with Your Real Estate & Market Rundown, covering the latest in stock market updates and global market trends. Discover expert insights on real estate from top economists and the best realtors in Victoria, BC. Whether you're looking for market analysis in YYJ or advice from a top realtor, this is your go-to source for comprehensive market insights.
Navigating the Nexus: US Elections, Canada Real Estate, Middle East, and Inflation Explained #SellpropertyinBC , #RealestatemarkettrendsBC , #Capitalgainstaxhikeimpact , #BChousingmarketupdate , #USElections#Democracy#PoliticalInsights#2024Election#VoteWisely
Welcome to our 2024 real estate forecast for Victoria and Canada! In this video, we'll dive into the latest market trends, share our predictions for the coming year, and offer expert advice on the best properties to invest in. Whether you're a first-time homebuyer or a seasoned investor, this video will provide valuable insights to help you make informed decisions. Don't miss out on the hottest real estate opportunities of 2024! #canada #realestate #canadianrealestateinvestor
#2024 BC Capital Gains Tax Hike: Should You Sell Your Real Estate Now? Discover the latest updates on the 2024 capital gains tax hike in British Columbia and its impact on real estate. We delve into expert opinions and provide strategic insights on whether now is the right time to sell your property. Stay informed with our in-depth analysis of the BC housing market trends and tax changes #BCcapitalgainstax2024 #britishcolumbiarealestate #SellpropertyinBC #2024taxchangesCanada #RealestatemarkettrendsBC #Capitalgainstaxhikeimpact #BChousingmarketupdate
Are you looking to invest in real estate in Vancouver? Wondering where the hottest spots are for buyers in the current market? Join us for an exclusive interview with Fraser Blanchflower, a seasoned Realtor, as he reveals the top three places to buy in Vancouver right now. In this insightful discussion, Fraser shares his expertise and insider knowledge on the neighborhoods and areas that offer the best opportunities for buyers. Whether you're a first-time investor or a seasoned buyer, this video is packed with valuable insights to help you make informed decisions in Vancouver's dynamic real estate market. Don't miss out on this essential guide to navigating the Vancouver real estate landscape. Tune in now to discover the top three places you should consider for your next investment. For inquiries or to connect with Fraser Blanchflower: Email: fraser.blanchflower@exprealty.com Phone: 778-302-3762 for latest listings check
Are you considering getting your real estate license in British Columbia? Join us as we delve into the nitty-gritty details you won't find in the textbooks. In this insightful interview, Fraser Blanchflower, one of my students, shares his firsthand experiences and insights on the journey to becoming a licensed Realtor in BC. From the challenges he faced to the unexpected surprises along the way, Fraser provides invaluable advice and tips for anyone considering pursuing a career in real estate. Whether you're curious about the process, seeking guidance, or simply want to hear a real-life perspective, this video is for you. Don't miss out on this candid conversation that goes beyond the standard curriculum. Discover what it really takes to succeed in the world of real estate in BC. For inquiries or to connect with Fraser Blanchflower: Email: fraser.blanchflower@exprealty.com Phone: 778-302-3762 For latest listings check out this website
For more information go to www.bchomegroup.ca And contact me for more information. Real Estate Market Economic Update
Victoria Real Estate Update Condo Presales For more information - www.bchomegroup.ca SEARCH ALL HOMES FOR SALE
New Real Estate Rules and Airbnb Regulations, Condo, and Stock Market Diversification in British Columbia. Go to www.bchomegroup.ca for more information and to contact us.
Concerned update on Air BNB , Housing Supply & Inflation in Canada | Real Estate | Canada Victoria We need to figure out the root cause of this rental and housing crises !
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For more information - www.bchomegroup.ca Vacation Fractional Ownership on the island , Air Bnb and Real Estate updates - Vancouver Island
Listen ! Summer Real Estate Market Update - Victoria BC - Buying and Selling Homes ! www.bchomegroup.ca
For more information - www.bchomegroup.ca Attention Sellers! Before you List your Home ! listen to this - Victoria Real Estate - YYJ SEARCH ALL HOMES FOR SALE
For more information - www.bchomegroup.ca Victoria - Global Real Estate Update - Interest rates, inflation, debt crisis SEARCH ALL HOMES FOR SALE
Real Estate Market Update in Canada - BC HOME GROUP - yyj Victoria BC Listen to get the latest market updates - more questions feel free to reach out - www.bchomegroup.ca
Inflation can be a sign of economic stimulation when the government needs to pump more money into the economy. Keep up with the market and stay informed about how these measures can affect you! SEARCH ALL HOMES FOR SALE
Summer has finally arrived in Victoria BC and I'm loving it! Global warming and climate change are real, and now we are seeing the consequences firsthand. My beautiful friends this is Shirin Purewal from beautiful Victoria BC finally summer is here in May for those of you who watch my video you know I talk about global warming and it looks like Victoria is definitely getting a piece of that action. Continue to watch this video and get to know the latest news. SEARCH ALL HOMES FOR SALE
Welcome to our latest video discussing the Canadian real estate market and its latest updates. In this video, we cover a range of topics from home prices and neighbourhoods to the impact of digital currency on real estate investment and the current housing supply situation. Stay informed and up-to-date on the Canadian housing market with our insights and analysis. For more information on buying or selling real estate in Canada, visit our website at www.bchomegroup.ca or email us at info@bchomegroup.ca Our team of experienced real estate professionals is here to help you every step of the way. Don't forget to like and subscribe to our channel for more updates on the Canadian housing market.
Welcome to our latest video discussing the Canadian real estate market and its latest updates. In this video, we cover a range of topics from home prices and neighbourhoods to the impact of digital currency on real estate investment and the current housing supply situation. Stay informed and up-to-date on the Canadian housing market with our insights and analysis. For more information on buying or selling real estate in Canada, visit our website at www.bchomegroup.ca or email us at info@bchomegroup.ca Our team of experienced real estate professionals is here to help you every step of the way. Don't forget to like and subscribe to our channel for more updates on the Canadian housing market.
Contact us at **www.bchomegroup.ca** UPDATES ! US #Stockmarket #bankcrisis | #Canada & Victoria #RealEstate #marketupdates In 2008, the United States faced a severe financial crisis due to the collapse of several large banks. The crisis resulted in a significant economic downturn, causing a ripple effect across the world. Canada was not immune to the crisis, and the real estate industry was one of the most affected sectors. In this blog, we will explore the correlation between the bank crisis in the US and the impact it had on real estate prices in Canada. The financial crisis of 2008 was the result of several factors, including the subprime mortgage market, which caused a ripple effect across the banking system. The US government had to bail out several large banks to prevent the crisis from spiraling out of control. This bailout came at a significant cost, resulting in a severe economic downturn. The US real estate market was one of the worst-hit sectors, and home prices plummeted as a result. As the US real estate market crashed, many Americans were forced to sell their homes. This created an oversupply of properties, causing prices to fall. At the same time, Canadian real estate markets were relatively stable, with home prices continuing to rise. Many Americans saw Canada's stable real estate market as an attractive alternative, leading to an influx of US buyers in Canada. The US financial crisis also had an indirect impact on Canadian banks, which were not directly involved in the subprime mortgage market. However, the crisis caused a tightening of lending standards across the board, making it more challenging for Canadians to obtain a mortgage. As a result, demand for homes decreased, causing a slowdown in the real estate market. Despite the impact of the US financial crisis, Canada's real estate market remained relatively stable. Canada had tighter lending standards than the US, making it less vulnerable to the crisis. Additionally, Canada's economy was more diversified, with a stronger financial system, helping to mitigate the effects of the crisis. In conclusion, the bank crisis in the United States had a significant impact on the real estate market in Canada. The US financial crisis created a ripple effect across the world, causing many Americans to sell their homes, resulting in an oversupply of properties and falling prices. However, Canada's tighter lending standards and stronger financial system helped to stabilize the real estate market. Today, Canada's real estate market remains a robust and attractive option for buyers looking for a stable investment.
Contact us *** www.bchomegroup.ca *** Pre-sale - Westhills - Solaris - Langford - Why Buy this Pre-sale Are you in the market for a new home and considering a pre-sale purchase? Look no further than Solaris in Westhills, Langford! Here are just a few reasons why you should consider this pre-sale: The opportunity to customize your home: When you purchase a pre-sale, you have the chance to work with the builder to customize certain aspects of your home, such as finishes, layout, and appliances. This means you can truly make the space your own and ensure it fits your lifestyle and needs. Access to the latest and greatest features: Pre-sale homes often come equipped with the latest and greatest features, such as energy-efficient appliances and smart home technology. This can help you save money on utilities and make your home more comfortable and convenient. More affordable pricing: Pre-sale homes are often priced more affordably than resale homes in the same area. Plus, with the current real estate market, purchasing a pre-sale can offer a bit of relief from the bidding wars and inflated prices that come with buying a resale home. Community amenities: Westhills is a fantastic community in Langford, complete with amenities such as parks, trails, and a community centre. By purchasing a pre-sale in Solaris, you'll have access to these amenities and be part of a great community. Modern design: Solaris in Westhills is designed with modern living in mind. From open-concept layouts to sleek finishes, this development is perfect for those who want a stylish, contemporary home. In summary, purchasing a pre-sale at Solaris in Westhills, Langford offers the opportunity to customize your home, access the latest features, enjoy more affordable pricing, take advantage of community amenities, and enjoy modern design. Don't miss out on this great opportunity - consider purchasing a pre-sale at Solaris today!
GTA & Victoria House Prices Headed In 2023? | Canada's Housing Market | Strategies -Save Your Wealth Please subscribe and like so we can help spread the information to help others! www.bchomegroup.ca Hello everyone and welcome to today's video on the topic of Toronto and Victoria home prices. In recent years, both of these cities have experienced significant growth in their real estate markets, with prices rising steadily year after year. However, there are some indications that this trend may be slowing down, and it's important for homeowners and investors to be aware of what's happening in the market and how they can protect their wealth. Let's start by taking a closer look at the current state of the Toronto and Victoria real estate markets. In Toronto, home prices have been on the rise for the past decade, with prices increasing by an average of 10% per year over that time period. However, in the past year, there has been a slight slowdown in the market, with prices increasing by just 3% compared to the previous year. In Victoria, the market has also been on the rise, with prices increasing by an average of 5% per year over the past decade. However, in the past year, there has been a more significant slowdown, with prices actually decreasing by 1% compared to the previous year. So what does this mean for homeowners and investors in these markets? Well, it's important to understand that real estate markets are cyclical, and there are a number of factors that can impact prices, including economic conditions, government policies, and demographic trends. While it's impossible to predict exactly where prices will go in the future, there are some steps that homeowners and investors can take to protect their wealth in the face of market fluctuations. One important step is to diversify your investments. While real estate can be a great way to build wealth over the long term, it's important to have a well-rounded portfolio that includes a mix of assets, such as stocks, bonds, and mutual funds. This can help spread out your risk and ensure that your wealth is protected even if one market experiences a downturn. Another important step is to stay informed about the market. This means keeping up-to-date on economic and demographic trends that could impact home prices, as well as government policies and regulations that could affect the real estate market. By staying informed, you can make better-informed decisions about buying, selling, or holding onto your properties. Finally, it's important to work with a knowledgeable and experienced real estate agent who can help you navigate the market and make the best decisions for your individual situation. Your agent can provide valuable insights into the local market, help you identify properties that meet your specific needs and budget, and ensure that you get the best possible deal on your real estate investments. In conclusion, while there are some indications that the Toronto and Victoria real estate markets may be slowing down, it's important for homeowners and investors to remain vigilant and take steps to protect their wealth. By diversifying your investments, staying informed about the market, and working with a knowledgeable real estate agent, you can help ensure that your real estate investments continue to grow and provide value over the long term. Thank you for watching, and be sure to check out our other videos for more insights into the world of real estate.
The Canadian real estate market is currently experiencing a strong seller's market, with multiple offers being common and homes selling above asking price. Inflation has also been a concern, with rising costs affecting both buyers and sellers. To address affordability, some areas in BC have implemented foreign buyer taxes and additional taxes on vacant homes (UHT tax). Stay informed and consult with a real estate professional to navigate these market conditions.
For more information go to www.bchomegroup.ca ** please note personal opinion shared on video - please get legal and accounting advice where required ** Real Estate Victoria BC Market Update | Buying | Selling Victoria BC Hey, have you noticed that the cost of everything is still really high, and the government keeps printing more money, but inflation isn't going down? It's because of the COVID-19 pandemic. The demand for stuff has gone up, and there are shortages of raw materials and shipping delays, which makes it more expensive to produce things. Plus, the government's stimulus packages have injected even more money into the economy, which just makes prices go up more. And have you heard about the crazy real estate market? It's still really expensive to buy a house, even though everything else is so expensive too. That's because there aren't enough houses for sale, and lots of people are looking to buy. Plus, the government's low-interest rates make it easier for people to buy houses, which just drives up the demand and the prices. But here's the real kicker: even if you want to buy a house, it's really hard to get a loan right now. The banks are being super picky about who they lend money to, and they want a ton of paperwork and stuff. Plus, lots of houses are getting sold for more than they're listed for, so it's hard to find a good deal. Basically, the pandemic messed everything up, and it's making it hard for people to afford stuff and buy homes. It's important to keep this in mind when making financial decisions.
UHT housing tax , lets about this and housing supply issues in Canada. How is it affecting real estate ? Canada BC Victoria SEARCH ALL HOMES FOR SALE
Non Resident Real Estate Taxes Section 216 and NR Account | Real Estate BC Victoria | Inflation ! Are you a non-resident of Canada who owns property in the country? Do you know how to file your taxes correctly? In this video, we will discuss non-resident taxes in Canada, including the filing of section 216 and NR account. As a non-resident of Canada who owns property in the country, you are required to file a Canadian tax return. This can be a daunting task, but it is important to do it correctly to avoid any penalties or fines. One of the forms you need to fill out is section 216, which is used to declare rental income from the property you own in Canada. Additionally, you will need to open an NR account with the Canadian Revenue Agency (CRA) to ensure that you are paying the correct amount of taxes. The NR account will also allow you to claim any tax refunds that you may be entitled to. It's important to note that the rules surrounding non-resident taxes in Canada can be complex, and it's recommended that you seek the advice of a tax professional to ensure that you are complying with all regulations. At BC Home Group, we specialize in helping non-residents navigate the Canadian tax system. We can assist you with filing your section 216 form, opening an NR account, and ensuring that you are paying the correct amount of taxes. If you have any questions or need assistance, please visit our website at www.bchomegroup.ca to contact us. In conclusion, if you are a non-resident of Canada who owns property in the country, it is important to file your taxes correctly. This includes filing section 216 and opening an NR account. If you need help navigating the Canadian tax system, contact us at BC Home Group, and we will be happy to assist you. SEARCH ALL HOMES FOR SALE
DONT FORGET TO REGISTER FOR SPECULATION TAX - ALL MUST DO THIS ! Greetings, homeowners of British Columbia! Have you heard about the speculation tax and its deadline? Fear not, for I, SHIRIN PUREWAL, am here to provide you with all the details. www.bchomegroup.ca Let me give you a quick rundown on this speculation tax and why it was introduced by the BC government. Then, we will dive into the nitty-gritty details of who is affected and how it all works. Of course, we'll also go over the various exemptions and deductions available to you, because we don't want you paying any more taxes than you have to. But the most important thing we'll discuss is the upcoming deadline for paying the speculation tax. You need to know what the deadline is, how to calculate your tax owed, and the consequences of missing the deadline. Trust me, you don't want to miss it! So, what are you waiting for? Tune in now to stay informed about the BC speculation tax and meet the deadline with ease. And if you found this video helpful, give it a like and share it with your friends and family. Together, we can conquer the speculation tax! SEARCH ALL HOMES FOR SALE
The Grand and Fir - Condo Pre-Sale - Victoria BC Watch this video of one of the latest development projects by GT Mann in View Royal. A big thank you to Len for reviewing the details of this pre-sale project. For more information about my buyers please contact info@bchomegroup.ca I look forward to helping you! For the Price list please email - price@bchomegroup.ca
What to expect in 2023, Inflation, Recession, and more details. Hi everyone, my name is Shirin Purewal, I am not only your friendly licensed economist but also a licensed realtor, giving you updates on buying and selling a home in Victoria BC. This market is definitely shifting and you need to watch this video to understand how, and what all the market variables are doing in this real estate market. We will go over everything from China, interest rates, supply, demand, and we will go over it. The topic that is nowhere from going away is inflation and its effect on home prices. Feel free to ask me any questions you have about homes here and what would be a good opportunity for a home to buy here on Vancouver Island. SEARCH ALL HOMES FOR SALE
China most searched term on the internet! Real estate updates, inflation hits new record Hi everyone, my name is Shirin Purewal, I am not only your friendly licensed economist but also a licensed realtor, giving you updates on buying and selling a home in Victoria BC. This market is definitely shifting and you need to watch this video to understand how, and what all the market variables are doing on this real estate market. We will go over everything from China, interest rates, supply, demand, and we will go over it. The topic that is nowhere from going away is inflation and its effect on home prices. Feel free to ask me any questions you have about homes here and what would be a good opportunity for a home to buy here on Vancouver Island. SEARCH ALL HOMES FOR SALE
Real Estate Update! Notice of New Federal Legislation! Prohibiting the Purchase of Residential Property by Non-Canadians. On January 1, 2023, the Prohibition on the Purchase of Residential Property by Non-Canadians Act, S.C. 2022, c. 10, s. 235 (the “Act”) will come into force, which will prohibit non-Canadians from purchasing, directly or indirectly, residential property in Canada.... for further information on this continue listening to my podcast and get updated about the lastest updates regarding real estate as you can not find a real estate expert and nerdy like me
Real Estate bubble popped? Interest rates - Foreign Buyer Ban - Strata By Laws changed!! Victoria
Real Estate bubble? Recession? Victoria BC - Victoria REAL ESTATE | BC HOME GROUP
ALERT ! New Strata Law Changes - GAME CHANGER - Victoria BC - Victoria REAL ESTATE | BC HOME GROUP
Condo Assignments ! Buying. Pre sale ! Wait , is it the right time? Always happy to share my knowledge. SEARCH ALL HOMES FOR SALE
Real Estate Prices | Supply and Demand | Market shift | Home Buyers Market | Victoria BC Always happy to share my knowledge. SEARCH ALL HOMES FOR SALE
Getting an Inspection on my condo or Home! Learn how it all works | Victoria BC Always happy to share my knowledge. SEARCH ALL HOMES FOR SALE
Should I buy real estate now? I'm a foreign buyer I heard some areas have no tax! Watch this
World Market | Canada Real Estate Market | Inflation and Foreign Buyer Tax ***ask questions *** ** note !! buyer speculation period I mean buyer protection period :-) Hi all, my name is Shirin Purewal, you are a nice ( I hope so you judge ) Victoria Realtor and I love helping all, no strings attached, I like to put good energy out there and help others! Email me anytime at info@bchomegroup.ca Www.bchomegroup.ca
REAL ESTATE TRANSACTION OVERVIEW ** IMPORTANT** Steps in Buying and Selling | Victoria BC Complete overview of buying and selling real estate, offer, accepted the offer, condition removal, etc. Always happy to share my knowledge. SEARCH ALL HOMES FOR SALE
The downfall of the stock market and Real Estate | Linked !! | Time the market next time
Breaking News! Home Buyer Protection Period .. Watch to learn more about this Always happy to share my knowledge. SEARCH ALL HOMES FOR SALE
What Listing Agents Don't tell Realtors! Ask me as an agent for over 10 years in Victoria BC. Always happy to share my knowledge. SEARCH ALL HOMES FOR SALE
Attention Foreign Buyers | Real Estate in Canada | Buying vs Renting | Mortgages SEARCH ALL HOMES FOR SALE
Watch till the end to see my final important point! SEARCH ALL HOMES FOR SALE