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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)
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 Trends
CMHC estimates 3.5 million new affordable homes needed
Tuesday, July 19, 2022
A CMHC report estimates BC needs 3.5 million new homes by 2030 to make homes affordable, 1.2 million short of current projections. (2 minute read)
Market Insights Video
June 2022 Market Insights
Tuesday, July 12, 2022
REBGV Chair Daniel John discusses how the marketplace is changing with increasing interest rates and housing supply.
Market Trends
Lower Mainland’s commercial real estate market begins 2022 with steady sales and higher prices
Thursday, June 23, 2022
A steady start to the 2022 commercial real estate market. (2 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.
Market Trends
MLS® Home Price Index updated to better reflect current housing trends
Wednesday, June 1, 2022
The MLS® HPI was updated to better reflect what a typical home looks like in a community. (3 minute read)
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 Trends
CMHC report finds lack of supply main cause of unaffordable housing
Friday, May 13, 2022
A recent CMHC report determined housing supply is the main factor behind unaffordability in Canada. (1 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.
Market Insights Video
March 2022 Market Insights
Tuesday, April 12, 2022
While down from last year, home sale activity in Metro Vancouver remained elevated in March. (2:47 video)
Home Buying
What are the buying costs of a home?
Tuesday, April 12, 2022
If you’ve decided to buy a home, it’s important you understand all the costs involved in addition to the price you're paying for the property.
Home Buying
Housing was the focus in the 2022 federal budget
Friday, April 8, 2022
The Federal Budget 2022 was housing-focused, with a significant amount of funding going towards quickly creating new, and diverse housing. (5 minute read)
Home Buying
Finding the right strata property for you
Monday, April 4, 2022
If you plan to buy a strata property, check out the strata council minutes, contingency fund, and more.
Home Buying
BC government to amend Property Law Act to add cooling off period
Wednesday, March 30, 2022
BC government introduced legislation to help create a cooling off period for buyers to back out of a purchase after signing the contract. (2 minute read)
Editorial
REBGV instates Daniel John as 2022/2023 Chair
Friday, March 25, 2022
Daniel John, Chair-Elect Jennifer Quart, and Vice-Chair Diana Dickey are the new officers for REBGV's Board of Directors. (2 minute read)
Home Buying
Three questions with mortgage expert Angela Calla
Thursday, March 24, 2022
Mortgage expert Angela Calla discusses trends, rate increases, and reverse mortgages. (2 minute read)
Home Buying
Liberal leader Kevin Falcon’s plans to make housing more affordable
Wednesday, March 23, 2022
Kevin Falcon plans to address zoning, red tape, and taxes he believes contribute to higher housing costs. (4 minute read)
Home Buying
What are the tax implications of buying a vacation home?
Monday, March 21, 2022
Before buying a vacation property, be aware of tax implications and other vital considerations. (4 minute read)
Market Insights Video
February 2022 Market Insights
Wednesday, March 9, 2022
Listings inch up, demand remains steady and price gains continue in Metro Vancouver’s housing market in February. (2:25 video)
Market Trends
What does first quarter activity say about Metro Vancouver’s housing market in 2022?
Thursday, March 3, 2022
REBGV Economist Keith Stewart projects what home sale, listing, and price activity you can expect in 2022. (1 minute read)
Taxes
No SVT exemption for owners of vacant stratas
Friday, February 18, 2022
Owners of strata property in buildings with rental restrictions are no longer exempt from the BC Speculation and Vacancy Tax. (1 minute read)
Market Insights Video
January 2022 Market Insights
Tuesday, February 8, 2022
Low supply keeps upward pressure on home prices across Metro Vancouver.
Market Insights Video
December 2021 Market Insights
Tuesday, January 11, 2022
Metro Vancouver home sales set a record in 2021.
Market Trends
Greater Vancouver assessments up overall in 2022
Friday, January 7, 2022
See where assessments increased the most in Metro Vancouver, and check yours at the same time.
Home Buying
How to get a mortgage when you’re self-employed
Tuesday, December 21, 2021
To increase your chances of qualifying as a self-employed borrower, you’ll need to be familiar with what lenders require and what questions they’ll ask.
Market Insights Video
November 2021 Market Insights
Friday, December 10, 2021
Home sales activity remains up, listings down across Metro Vancouver’s housing market.
Home Buying
Federal Throne Speech promises help for homebuyers
Wednesday, December 8, 2021
Read about the new programs the federal government has proposed to help first-time home buyers.
Market Insights Video
October 2021 Market Insights
Monday, November 8, 2021
Home sale activity in Metro Vancouver remained above historical averages in October while the overall supply of homes for sale dipped to levels not seen in three years.
Market Insights Video
September 2021 Market Insights
Friday, October 8, 2021
Elevated home sale activity continues to outstrip supply of homes for sale in Metro Vancouver.