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Podcast: Real Estate , Investments, Wealth & Your Projects - Victoria BC
Episode: Real Estate Update - Multiples - Seller’s Market !! Inflation Foreign Buyer Tax UHT tax
Description: 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.