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Economics
Find reports, housing data, and more on GVR’s new Economics Web App
Thursday, March 28, 2024
Using this app, you can find everything the GVR Economics team produces all in one place. (1 minute read)
Home Ownership
20 grants and rebates for homebuyers and owners
Thursday, March 28, 2024
Save money using these grants and rebates. (6 minute read)
Home Ownership
Prepare your home for sale
Tuesday, March 12, 2024
Are you thinking of selling your home? Before your REALTOR® begins showing your home, you will want to make sure it’s in tip-top condition.
Legislation & Regulations
Land Act amendments on hold
Monday, February 26, 2024
The government's proposed land-sharing agreement with First Nations groups will undergo further consultation. (2 minute read)
Legislation & Regulations
BC government announces PTT changes, flipping tax in new budget
Monday, February 26, 2024
Here's a summary of the new housing measures in the BC budget announced on February 22, 2024.
Economics
What will Greater Vancouver's commercial property market look like in 2024?
Thursday, January 25, 2024
Our latest commercial forecast shows an optimistic look at 2024. (2 minute read)
Home Ownership
New regulations for stratas help get more electric vehicles on the road
Thursday, January 18, 2024
These regulations outline a process for strata property residents to request to install an EV charging station. (2 minute read)
Economics
What will home sales look like in the first half of 2024?
Thursday, January 11, 2024
Our latest forecast looks at last year to help to predict what the housing market will look like in the first half of 2024. (2 minute read)
Home Ownership
Greater Vancouver assessments remain stable
Friday, January 5, 2024
Assessments remained in a narrow range compared to last year in Greater Vancouver. (5 minute read)
Legislation & Regulations
Metro Vancouver regulates wood burning fireplaces and stoves
Monday, December 18, 2023
Metro Vancouver is reducing pollution by regulating wood burning appliances. Does this affect you? (3 minute read)
Home Ownership
Seniors aging in place, longer
Wednesday, December 13, 2023
How will the increasing number of senior households affect the real estate market? (2 minute read)
Home Ownership
4 things to know about heat pumps
Tuesday, November 28, 2023
Learn how heat pumps are an energy-efficient way of transferring heat in and out of a home. (3 minute read)
Legislation & Regulations
How will the 2021 mortgage stress test rules impact Metro Vancouver real estate?
Thursday, November 16, 2023
The new rules as of June 1, 2021 will dampen mortgage credit growth, but should have a modest effect on home sales and prices. ( 1 minute read)
Home Ownership
Financing your home
Wednesday, November 1, 2023
When you're looking to buy a home, it's important to understand the steps for getting a mortgage. (3 minute read)
Economics
The Lede: Does the perfect price metric exist?
Thursday, October 26, 2023
How do we actually know what property values are doing at any given point in time? (5 minute read)
Legislation & Regulations
Interest, fees increase amount owed for property tax deferment
Friday, October 6, 2023
If your clients are deferring their property taxes, interest rates and fees will increase the amount they owe. (2 minute read)
Economics
2023 Market Forecast Review: Looking Back, Looking Ahead | REBGV event
Wednesday, September 27, 2023
REBGV Director, economics and data analytics presented his updated market outlook to REALTORS® at an online event in September. (1:23:52 video)
Legislation & Regulations
BC caps maximum rent increase to 3.5 per cent
Tuesday, September 26, 2023
The change aims to address the housing crisis and simplify zoning regulations. (2 minute read)
Legislation & Regulations
Government removes GST on new rental housing
Monday, September 25, 2023
This policy is for projects beginning construction from Sept 14, 2023, to Dec 31, 2030, completing construction by Dec 31, 2035. (2 minute read)
Economics
Will home sales stay resilient in the face of high interest rates?
Thursday, September 7, 2023
Our forecast checks market trends and economic factors to predict what the housing market will look like in the rest of 2023. (2 minute read)
Home Ownership
Taking care of your yard during a heat wave and drought
Monday, August 28, 2023
Here's how to make your lawn and garden look good when the weather isn't. (2 minute read)
Legislation & Regulations
Homeownership rates decline – purpose-built rentals can help
Monday, August 28, 2023
Declining homeownership rates spark investment in purpose-built rentals as solution. (2 minute read)
Home Ownership
Home ownership – BC legislative committee listens to and quotes REBGV
Monday, August 21, 2023
A new budget report cited REBGV’s three recommendations on how to clear a path to home ownership. (3 minute read)
Legislation & Regulations
PM shuffles cabinet, new federal housing minister
Thursday, July 27, 2023
Sean Fraser is now the minister of housing, infrastructure, and communities. (2 minute read)
Legislation & Regulations
REBGV recommends policy changes to improve housing affordability and availability in BC
Tuesday, July 25, 2023
Read about the three tax-related recommendations REBGV made to the provincial government to ease housing. (3 minute read)
Home Ownership
Asbestos remediation – new certification required for contractors
Tuesday, July 18, 2023
Home owners looking to renovate older homes will need to ensure their contractors are certified. (2 minute read)
Economics
The Lede: The Million Dollar Wall
Thursday, July 6, 2023
The property ladder is broken. In the latest Lede, Andrew Lis gives his take, and how it can be fixed. (9:33 video, 10 minute read)
Economics
The Lede: What’s (not) happening with new listings in Metro Vancouver?
Tuesday, May 16, 2023
Listings are low so far this year, but why? REBGV's Director Economics and Data Analytics Andrew Lis has a theory. (6:38 video, 8 minute read)
Legislation & Regulations
New exemptions to strata age restriction bylaws
Wednesday, May 10, 2023
The new exemptions include future children, dependents, and spouses/partners. (1 minute read)
Home Ownership
6 bathroom renovation mistakes to avoid
Monday, May 8, 2023
Avoid costly mistakes for a worry-free bathroom reno. (2 minute read)
Home Ownership
Get your outdoor living room ready for spring and summer fun
Tuesday, April 25, 2023
Tips to make your outdoor space a naturally inviting part of your home. (2 minute read)
Home Ownership
Heating your home with oil? Get up to $10K for a new heat pump
Friday, April 14, 2023
The federal government is offering up to $10K for low- and median-income homeowners to install an energy-efficient heat pump. (1 minute read)
Economics
The Lede: Rate hikes part II - the damage done
Tuesday, April 11, 2023
What can we learn about the current market by looking at previous tightening cycles? (5:16 video, 12 minute read)
Home Ownership
Know the rules when insuring secondary suites
Monday, April 3, 2023
Having insurance coverage is vital. There’s a misconception among home owners that their existing policy will cover a suite. It doesn’t.
Home Ownership
Canada amends foreign buyer ban regulations
Friday, March 31, 2023
The federal government amended its foreign buyer ban regulations, allowing more flexibility. (3 minute read)
Legislation & Regulations
Federal foreign buyer ban coming in January 2023
Friday, March 31, 2023
The federal government’s ban on new foreign ownership of residential property becomes law on January 1, 2023. Here's what you need to know. (3 minute read)
Legislation & Regulations
The effect of flood mapping and floods on housing prices
Tuesday, February 28, 2023
Floodplain mapping can help assess risk and better understand a home's value. (3 minute read)
Economics
The Lede blog: Rate hikes part I - where to from here?
Friday, February 17, 2023
What is the Bank of Canada considering when it comes to interest rates - and how will this help us understand what's going to happen to rates in the future? (5 minute read)
Economics
The Lede blog: StatsCan population growth projections
Monday, February 6, 2023
REBGV's Director of Statistics and Data Analytics looks at what the latest StatsCan projections could mean for our housing market. (7 minute read)
Legislation & Regulations
Better protection for strata property owners coming in November
Friday, February 3, 2023
Amendments to the Strata Property Act that increase contingency reserve fund minimums are coming November 1, 2023. (2 minute read)
Economics
Will Metro Vancouver housing prices increase in 2023?
Tuesday, January 31, 2023
REBGV’s Economics team released their latest housing forecast for 2023. Will home prices increase? Read the full report to find out. (8 minute read)
Economics
The Lede blog: Mega trends and micro trends
Monday, January 30, 2023
What makes a trend? Andrew Lis, Director of Economics and Data Analytics explains in the first of his new blog series. (8 minute read)
Economics
Dysfunction by Design: 2023 Market Outlook | REBGV event
Thursday, January 26, 2023
REBGV Director, economics and data analytics presented his market outlook to REALTORS® at an exclusive online event in January. (1:48:22 video)
Economics
The Lede video blog: StatsCan population growth projections
Wednesday, January 25, 2023
Births, deaths, migration – what do these have to do with the housing market? Andrew Lis explains in the latest episode of The Lede. (2:54 minute video)
Economics
The Lede video blog: Mega trends and micro trends
Tuesday, January 17, 2023
Andrew Lis, REBGV's economist and data analyst, looks at what makes a statistical trend in this video blog. (4:41 minute video)
Legislation & Regulations
BC government introduces “cooling off” period for home sales
Tuesday, December 6, 2022
Starting January 1, 2023, home buyers can back out of a residential purchase up to three business days after signing a contract. (3 minute read)
Legislation & Regulations
Supreme Court of Canada clarifies, expands principles of expropriation
Wednesday, November 16, 2022
A recent decision has clarified the test for constructive taking and expropriation by regulation. (5 minute read)
Home Ownership
How to prepare your lawn for winter
Wednesday, September 28, 2022
Follow these tips for a healthy lawn next summer! (2 minute read)
Home Ownership
Here are 9 ways to get ready for fall
Friday, September 9, 2022
Sure signs that fall is coming are shorter days and the start of school. Fall also means it’s time to begin preparing our homes for oncoming cooler weather.
Home Ownership
Home renos: plan for success
Monday, August 22, 2022
Your home reno can be less stressful if you plan wisely. Find out how! (3 minute read)
Home Ownership
Preparing for a flood
Monday, August 8, 2022
Many residents and businesses in the Lower Mainland are located in a floodplain - close to or beside local rivers, creeks, or coastlines.
Home Ownership
Home security – 11 tips to protect your belongings
Friday, July 8, 2022
It’s summertime and the living is easy, especially for potential thieves.
Home Ownership
It’s easy being green: here are 6 lawn alternatives
Monday, June 20, 2022
Lawn alternatives that help bees, save water, eliminate chaffer beetles, and more!
Home Ownership
PTT thresholds: REBGV makes housing affordability recommendations to province
Friday, June 17, 2022
REBGV made three recommendations for making home ownership more affordable during provincial consultations in June. (3 minute read)
Home Ownership
Vancouver increases Empty Homes Tax and double audits
Friday, April 29, 2022
Vancouver city council passed a motion to increase the Empty Homes Tax to five per cent. (1 minute read)
Legislation & Regulations
BC REALTORS® offer 30 policy recommendations to province to improve BC real estate
Thursday, March 31, 2022
The BC Real Estate Association, with support of BC’s real estate boards, has 30 policy recommendations for the provincial government.
Home Ownership
3 easy ways to help keep your home green clean
Monday, February 28, 2022
Keeping a green-clean home is not only better for the environment, it can be better for your health and your wallet. (2 minute read)
Home Ownership
Get your home ready for spring using these simple steps
Monday, February 28, 2022
Spring is a time of renewal for both you and your home. As you emerge from your winter cocoon, you’ll want to start the spring repairs and updates your home requires.
Legislation & Regulations
What’s in BC Budget 2022 for homebuyers and owners?
Tuesday, February 22, 2022
BC Budget 2022 was released on February 22, 2022 with a focus on funding for climate change, infrastructure, and homelessness. (2 minute read)
Economics
Metro Vancouver’s employment trends recovering, outperforming Canada’s other large metros
Friday, February 18, 2022
REBGV Economist Keith Stewart's January 2022 Jobs Report is now available. (1 minute read)