VANCOUVER—Assessed values of some single family homes in Metro Vancouver’s once red hot housing market dropped between five and 10 per cent in the latest assessments used to determine property taxes in British Columbia. Meanwhile, BC Assessment says some property owners in the rest of the province have seen five to 15 per cent increases in their property values. Commercial and industrial properties saw an increase of between ten and 20 per cent across most of the province, with some markets around Metro Vancouver increasing up to 30 per cent. ( DARRYL DYCK / THE CANADIAN PRESS )The agency forecasts condominium values will increase by up to 20 per cent across B.C. Commercial and industrial properties saw an increase of between ten and 20 per cent across most of the province, with some markets around Metro Vancouver increasing up to 30 per cent.

Source: thestar January 02, 2019 18:56 UTC