 |
 |
 |
 |
 |
 |
 |
 |
 |
 |  | TAX DEDUCTIBLE MOVING |  |  |  |  |  |  |  | B.C. RESILIENT TO U.S. ECONOMIC DOWNTURN |  |  |  |  |  |  |  | BUYER OPTIONS EXPAND AS LISTINGS SOAR |  |  |  |  |  |  |  | SOLID R/E MARKET GAINS POSTED OVER PAST DECADE |  |
|
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
 |
 |
 |
 |
 |
 |
 |  | | April 2008 |  |
 |
TAX BENEFITS |
|
 |
 |
 |
TAX DEDUCTIBLE MOVING |
|
 |
| Have you recently moved to a new location? Do you know that you can deduct certain moving expenses on your next tax return, including transportation, packing and storage costs.
Many people never realize these tax benefits because they don't know what can be deducted. If you are preparing to move, it's best to be informed beforehand so you know which receipts to keep. |
 |
|
|
 |
 |
U.S. MARKET EFFECTS |
|
 |
 |
 |
B.C. RESILIENT TO U.S. ECONOMIC DOWNTURN |
|
 |
| As the United States economy spirals downward, Canada's economy cannot help but follow suit, according to a report by TD Bank Financial Group.
But British Columbia and its western neighbours will weather the storm much better than their eastern counterparts.
|
 |
|
|
 |
 |
MARKET REBALANCES |
|
 |
 |
 |
BUYER OPTIONS EXPAND AS LISTINGS SOAR |
|
 |
| The Real Estate Board of Greater Vancouver (REBGV) reports that residential attached, detached and apartment property sales totalled 2,676 in February 2008, a decline of 6.4 per cent from the 2,859 residential sales recorded in February 2007, and a decline of 9 per cent compared to the 2, 941 sales in February 2006.
New listings for detached, attached and apartment properties rose 26.2 per cent to 5,260 in February 2008 compared with February 2007, which had 4,167 units listed. New listings this February rose 21.2 per cent over new listings figures from February 2006.
|
 |
|
|
 |
 |
CANADIAN STATISTICS |
|
 |
 |
 |
SOLID R/E MARKET GAINS POSTED OVER PAST DECADE |
|
 |
| Pent-up demand, population growth, tight inventory levels, and the longest economic expansion since World War II collectively fueled one of the best decades on record for residential real estate in Canada, according to a report released by RE/MAX.
RE/MAX Decade in Review 1997 - 2007 found that major housing centres across the country experienced strong consecutive growth between 1997 and 2007. Average price spiraled upward while unit sales climbed in tandem as more and more Canadians bought into homeownership. |
 |
|
|
 |
|
 |
 |
|
 |
 |
 |
 |
 |
 |
 |
| SELINA JANSEN |  | | RE/MAX Central |  |
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
| 4158 W 10th Avenue, Vancouver |
 |
 |
 |
 |
 |
 |
 |
 |
| 8415 Duff Street, Vancouver East |
 |
 |
 |
 |
 |
 |
 |
 |
| 4078 Knight Street, Unit 404, Vancouver |
 |
 |
 |
 |
 |
 |
|
 |