$90 billion in lost home value in Metro Vancouver over the past year: report

A new analysis, commissioned by a group fighting real estate taxes implemented by B.C.’s NDP government, estimates Metro Vancouver shed nearly $90 billion in home value in 2018. The analysis was commissioned by the anti-speculation tax and anti-school tax group StepUp Now, and was conducted by tax agent Paul Sullivan with Burgess, Cawley, Sullivan and Associates.

Never in history has B.C. lost so much wealth so quickly. Recent reports are that $90 billion has been lost in home value, just in Metro Vancouver, just over the past year. This figure is roughly.

$89B in home equity lost across Metro Vancouver over past year, report claims Properties across the Lower Mainland lost $89.2-billion in homeowner equity over the past year, according to a report.

Business 1 on 1 with Lori Brewer, owner of LBA Ware in Macon Denmark Sees Steep Rise in Illegal Trailer Parks (PHOTO) $90 billion in lost home value in Metro Vancouver over the past year: report azim Raghavji – Your Mortgage Professional – Vancouver. – $90 billion in lost home value in Metro Vancouver over the past year: report home values across Metro Vancouver have taken quite a.

$90 billion in lost home value in Metro Vancouver over the past year: report Home values across Metro Vancouver have taken quite a beating over the past 12 months, cutting much of the equity gained by homeowners in recent years.

Properties across Metro Vancouver lost $89.2-billion in homeowner equity over the past year, according to a report released on Tuesday. It showed that Vancouver saw a nearly 13 per cent decrease in equity value, for a total of $43.6-billion. West Vancouver had the highest percentage decrease at 14.7

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Recent reports are that $90 billion has been lost in home value in Metro Vancouver over the past year alone. That is equal to roughly 65% of Metro Vancouver’s $137 billion GDP.

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