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

However, almost half of the nearly $90 billion in losses are outside Vancouver and West Vancouver. The analysis was carried out by Paul Sullivan, senior partner at Burgess, Cawley, Sullivan & Associates Ltd., a commercial real estate and property tax appraisal firm.

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.

Metro Vancouver detached home prices plunge 26% from peak. 11 4 comments . Vancouver condo development luring buyers with ‘free wine for a year’ 21 .. $90 billion in lost home value in Metro Vancouver over the past year: report. 21 .

The highest percentage decrease was in West Vancouver, where home values dropped by $7.64 billion or 14.68%. The average loss per household in Vancouver and West Vancouver is $153,873 and $451,385, respectively. Richmond saw the third highest drop per household, with an average loss value of $95,750.

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The report also disclosed that outstanding liabilities of $1.58 billion and N78.2 billion were recorded against the NPDC, in respect of payments for Pay As You Earn, PAYE, Withholding Tax, WHT, Value.

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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 per cent of Metro Vancouver’s $137 billion GDP.

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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.

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. It represents approximately $40,000 for every resident of Metro Vancouver, almost matching average annual salaries.

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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 65 per cent of the entire annual economic output of the region (GDP $137B). It represents approximately $40,000 for every resident of Metro Vancouver in the year, almost matching average annual salaries.

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