2,600 new homes to be sold at 60% market value in Vancouver

2,600 new homes to be sold at 60% market value in Vancouver

Up to 2,600 new housing units planned for the Heather Lands in Vancouver will be sold at 60 per cent of market value, according to a joint announcement by the province, the city and the Musqueam, Squamish and Tsleil-Waututh First Nations. The 8.5-hectare parcel of land in question is located on Heather Street between West 33rd … Read more

These States Have the Highest Hidden Home Ownership Costs

These States Have the Highest Hidden Home Ownership Costs

The average cost of owning and maintaining a home has jumped up by 26% since 2020. Bankrate released a report on Monday that reveals the “hidden costs” of homeownership factoring in several factors, including average property taxes, homeowners insurance, home maintenance, and utility bills. “Everything has gotten more expensive in the past four years,” Bankrate … Read more

IRAS to claw back S$60 million from private property buyers who used ’99-to-1′ scheme to reduce ABSD

IRAS to claw back S million from private property buyers who used ’99-to-1′ scheme to reduce ABSD

The government introduced ABSD as a tax in 2011 to manage demand for property. Singaporeans must pay 17 per cent in ABSD when purchasing a second property, and 25 per cent on subsequent purchases. Those figures are higher for permanent residents and foreigners. ABSD is computed “on the purchase price as stated in the dutiable … Read more

Home prices jumped 10% in these 3 N.J. counties. See all 21 counties, ranked.

Home prices jumped 10% in these 3 N.J. counties. See all 21 counties, ranked.

Every New Jersey counties posted gains in home prices over the past year with three counties seeing increases of at least 10%, according to data from Zillow. Mercer, Camden and Atlantic counties topped the list for rising home values in the state between December 2022 and 2023, according Zillow. The highest typical home values were … Read more