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Taxes
Speculation and Vacancy Tax declaration period now open
Friday, February 3, 2023
All property owners in taxable regions must declare by March 31. (1 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)
Legislation & Regulations
Vancouver Empty Homes Tax 2022 declarations open
Friday, January 20, 2023
Vancouver property owners can now start making their Empty Homes Tax declarations for the 2022 tax year. (2 minute read)
Market Insights Video
December 2022 Market Insights
Monday, January 9, 2023
Rising mortgage rates brought uncertainty and caution in 2022 to Metro Vancouver housing markets. (2:28 minute video)
Legislation & Regulations
Federal foreign buyer ban coming in January 2023
Tuesday, December 20, 2022
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
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)
Market Insights Video
November 2022 Market Insights
Tuesday, December 6, 2022
While typically a quiet month of market activity, November home sale and listing totals lagged below long-term averages.
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)
Market Insights Video
October 2022 Market Insights
Monday, November 7, 2022
Home sale activity continued to trend well below historical averages in October. (2:21 video)
Market Insights Video
September 2022 Market Insights
Tuesday, October 11, 2022
Metro Vancouver saw more home sellers and fewer buyers in September. (Video 2:20 minutes)
Home Selling
Historical home sale prices in Metro Vancouver are now available on REALTOR.ca
Tuesday, September 13, 2022
You can now find historical home sale prices on REALTOR.ca for homes actively listed for sale. (2 minute read)
Market Insights Video
August 2022 Market Insights
Thursday, September 8, 2022
Metro Vancouver’s housing market is experiencing a quieter summer season marked by reduced sale and listing activity. (2:16 minute video)
Urban Planning
Council passes Vancouver Plan
Tuesday, August 16, 2022
The plan promises new densification to accommodate 260,000 new residents and 210,000 new jobs. (1 minute read)
Home Buying
How rising mortgage rates affect insured mortgages
Tuesday, August 9, 2022
Recently, chartered banks raised their posted mortgage rates in response to higher bond yields. (1 minute read)
Market Insights Video
July 2022 Market Insights
Monday, August 8, 2022
REBGV Chair Daniel John discusses how home buyer demand continues to ease across Metro Vancouver.
Editorial
REBGV brings on Andrew Lis as new economist
Tuesday, July 19, 2022
Andrew is an applied economist and data scientist specializing in real estate and urban land economics with experience in the public and private sectors. (1 minute read)
Market Insights Video
June 2022 Market Insights
Tuesday, July 5, 2022
REBGV Chair Daniel John discusses how the marketplace is changing with increasing interest rates and housing supply.
Urban Planning
Broadway Plan approved: 30,000 new homes coming
Thursday, June 30, 2022
The approved Broadway plan will include a significant number of new homes, increase tenant protection, new space for more jobs, and more. (3 minute read)
Market Insights Video
May 2022 Market Insights
Wednesday, June 8, 2022
After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro Vancouver this spring.
Taxes
Property taxes 101
Friday, June 3, 2022
Property tax notices are sent to home owners and businesses in June and are due the first or second business day in July, depending on the municipality.
Home Buying
BCFSA's recommendations for cooling-off period and other measures
Friday, May 27, 2022
Read what the BCFSA recommended to the provincial government on how to enact their proposed measures, including the cooling-off period. (5 minute read)
Home Buying
Questions for a mortgage broker: Interest rates, stress test, mortgage options
Wednesday, May 25, 2022
Check out what local mortgage broker Angela Calla said about what’s happening in the mortgage market today. (3 minute read)
Market Insights Video
April 2022 Market Insights
Friday, May 6, 2022
Home buyer demand in Metro Vancouver returned to more historically typical levels in April.
Home Buying
Here are 7 strata terms you should know
Wednesday, April 20, 2022
If you’re looking to own a strata home, make sure you’re familiar with related terminology. Here’s a guide to some of those terms.