In the next few days, owners of more than a million properties throughout the Lower Mainland can expect to receive their 2024 assessment notices which reflect market value as of July 1, 2023. "Across the Lower Mainland and throughout B.C., the overall housing market has generally stabilized in value," says BC Assessment Assessor Bryan Murao. "Most homeowners can expect only modest changes in the range of -5% to +5%. These assessment changes are notably less than previous years."
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