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Home resale activity is showing signs of stabilizing after dropping to low levels

Mortgage and title fraudsters who impersonate homeowners and tenants have targeted at least 32 properties in Ontario and British Columbia, investigators and official warnings suggest.

As inflation causes increases in monthly expenses, reverse mortgages are going up.

Plans to purchase the waterfront home, which once belonged to the family of Jimmy Pattison, have been in the works for a long time.

It happened to two Toronto-based homeowners who left Canada for work-related reasons.

Greater Victoria鈥檚 housing market is likely in for a soft start in January, with the pace picking up in March, although prices are expected to remain stable.

After the Strata Property Act took effect Nov. 24, some strata councils took a 鈥渒nee-jerk reaction right out of the gate鈥� and began the process of switching to 55-plus buildings, said Victoria realtor Tony Zarsadias.

鈥淲e鈥檝e seen a strong road to recovery for industrial and commercial properties across the 91原创 Island region for the 2022 and 2023 roll years,鈥� says Jodie MacLennan, deputy assessor. 鈥淭hese properties are in high demand.鈥�

B.C. Assessment has updated its database but has warned homeowners the value listed for their properties may not be what they are worth today.

B.C.'s Civil Resolution Tribunal adjudicates disputes between strata councils and condo owners.