Speculation and Vacancy Tax and What the Latest Changes Mean for Central Okanagan Property Owners

Speculation and Vacancy Tax and What the Latest Changes Mean for Central Okanagan Property Owners

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The Speculation and Vacancy Tax continues to change in British Columbia, and its impact is now strongly being felt in the Central Okanagan. Many homeowners in Kelowna, West Kelowna, Lake Country, and surrounding communities have recently had…
Kelowna Real Estate Market Faces Its Biggest Test Since the 1990s

Kelowna Real Estate Market Faces Its Biggest Test Since the 1990s

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“We Are in a Recession”: What It Means for the Kelowna Real Estate Market in 2025 CIBC economist Benjamin Tal says Canada’s economy is already in a per capita recession, with BC among the hardest hit regions. According to CIBC Deputy…
Cowichan Tribes Land Ruling 2025 Landmark Court Ruling Raises Questions About Property Rights in BC

Cowichan Tribes Land Ruling 2025 | Landmark Court Ruling Raises Questions About Property Rights in BC

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On August 7, 2025, the BC Supreme Court issued a decision that could have wide-reaching implications for property ownership across the province. The case, Cowichan Tribes v. Canada (Attorney General), 2025 BCSC 1490, granted the Cowichan Tribes…
gold best of kelowna 2025

Hilbert&Crick Does It Again! Named Kelowna’s Best in Real Estate for 2025 with Double Gold Wins!

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Kelowna, BC - July 2025 Best Real Estate Team (Under 5) in Kelowna – 2025 Winner If you're searching for the Best Real Estate Team (Under 5) in Kelowna, you're in the right place. Hilbert & Crick has once again earned the top spot…
mortgage renewals in canada 2025

Mortgage Renewals in 2025 And How Canadians Are Preparing for Higher Payments

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More than a million Canadian mortgages will come up for renewal this year. Though interest rates have been on the decline for the last several months, many borrowers are bracing for an increase to their monthly payment – an adjustment that…
bc home flipping tax explained by hilbert and crick

Understanding the New BC Home Flipping Tax: What It Means for Kelowna Real Estate Buyers and Sellers in 2025

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The Kelowna real estate market is set to experience significant changes in 2025 with the implementation of the BC Home Flipping Tax, which officially came into effect on January 1, 2025. This new tax, distinct from the federal property flipping…
kelowna homebuyers residential tenancy law amendments

New Amendments to B.C.’s Personal Use-Notice Period: What Kelowna Homebuyers and Tenants Need to Know

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The British Columbia government has introduced significant changes to the Residential Tenancy Regulation, impacting homebuyers and tenants in Kelowna and across the province. These amendments, effective July 18, 2024, aim to improve conditions…
capital gains tax on kelowna homes

Understanding the Impact of New Capital Gains Tax Rules on Kelowna Real Estate

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The federal government has announced significant changes to the capital gains inclusion rate, which will affect individuals, trusts, and corporations starting June 25, 2024. These changes have important implications for those involved in the…