Property values released by B.C. Assessment
B.C Assessment's valuation of homes across the province, which is based on what was happening in the real estate market as of July 1 this year, was released this morning.
"It's a real mix in property value changes, but the market can best be summed up as showing signs of stability across most areas of the province,” said assessor Tina Ireland, in a press release. "Changes in property assessments really depend on where you live. For example, assessed values for detached single family homes in many areas of Metro Vancouver may see a softening in value, while other markets and areas of the province will see modest increases over last year's values.”