Real Estate Qualicum Beach Parksville & Area to Nanoose Bay Newsletter May 2014

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Real Estate Qualicum Beach Parksville & Area to Nanoose Bay

  • Photograph of Tom Whitfield
  • Parksville Qualicum Beach REALTOR®
  • Published: May 6th, 2014 at 7:17 am

So far this year our market has been fairly active. The stats for the month of April show that over January to the end of April, single family sales are up by 24% with the average selling price up 2%. Sales were predominantly under the threshold of $450,000. The average sale price for a single family home in this region is $385,575 with a median sale price of $354,900. The average days to sell over this first 4 month period is 64 days. For full details see the Market Statistics.

Good news for the Fairwinds Schooner Cove and Lakes District proposed development. After several years of fact finding, public open houses, etc, it seems the proposal is about to move forward at last. A public hearing with the Regional District of Nanaimo Board is scheduled for May 12 at 6:30 pm. If anyone is in the area at that time I would encourage you to attend this meeting if it has interest to you.

For those of you who spend considerable time in the U.S., the following article may be of interest to you as there are some changes about to take effect.

Financial Post, March 11, 2014-05-02

Border Shake Up Could Have Tax Consequences for Snowbirders

Canadian and U.S. authorities are about to make a dramatic shift in the way they determine the residency of individuals who split their time between both countries, and snowbirds unprepared for the changes could face serious tax consequences.

See the link below for the full article.

Border shakeup could have tax consequences for snowbirds

There may be good news coming, in terms of efforts being made to reduce the amount of unsolicited email ‘spam’ that we receive. As of July 1st anti-spam legislation will be coming into effect  The short story is that you will have greater control in limiting unwanted email. See the article below.

BCBusiness, April 23, 2014-05-02

I Spam, You Span, We All Spam

New legislation intended to stop spamming will catch most legitimate businesses in its net, and you’ve got just a couple of months to get ready for it.

See the link below for the full article.

I Spam, You Spam, We All Spam

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