B.C. Property Values Stable
This is a B.C. news story, published by vancouversun, that relates primarily to Yan news.
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notable assessment increasevancouversun
•B.C. property values have stabilized — here are some of the reasons why
82% Informative
For the second year , assessed property values across B.C. have remained relatively stable, with a few exceptions in smaller communities.
Burnaby saw the most notable assessment increase in the typical single detached home, which was up four per cent to top $2 million .
In Greater Victoria , the District of North Saanich was the only community to see a change beyond the three per cent range for single-family homes.
Yan said the climate remains difficult in part because of the “decoupling of housing costs with local incomes’s.
“ Half of unaffordable is still unaffordable,” Yan said. “We are far from affordability in our time.”.
VR Score
90
Informative language
93
Neutral language
84
Article tone
formal
Language
English
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57
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not offensive
Hate speech
not hateful
Attention-grabbing headline
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Time-value
short-lived
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9