If you've been wondering why homeowners in Point Grey seem so angry this year, the latest numbers from the Real Estate Board of Greater Vancouver provide an explanation.
Finance Minister Carole James has forecast a 2.6 percent annual increase in property-transfer taxes over three years, but is that really achievable under current circumstances?
When it comes to prices, the hardest hit areas over the past year have been on the West Side of Vancouver and West Vancouver, where detached homes are down over eight percent.
