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Legislation & Regulations
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)
Economics
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
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
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
Tuesday, September 26, 2023
The change aims to address the housing crisis and simplify zoning regulations. (2 minute read)
Legislation & Regulations
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)
Urban Planning
Monday, September 25, 2023
The change aims to address the housing crisis and simplify zoning regulations. (2 minute read)
Economics
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)
Taxes
Thursday, September 7, 2023
Read about the conditions required for paying capital gains, and what you need to do even if you don't have to pay. (2 minute read)
Taxes
Friday, September 1, 2023
Property taxes in BC are due the first business day after July 1. If you buy a home at another time, you may have to pay a share of the year to avoid a penalty.
Legislation & Regulations
Monday, August 28, 2023
Declining homeownership rates spark investment in purpose-built rentals as solution. (2 minute read)
Taxes
Thursday, August 24, 2023
Affordable housing projects in Vancouver received grants worth over $8.7 million, partially from Vancouver’s EHT. (1 minute read)
Taxes
Monday, August 21, 2023
Detailed information about BC's SVT and property exemptions. (4 minute read)
Legislation & Regulations
Thursday, July 27, 2023
Sean Fraser is now the minister of housing, infrastructure, and communities. (2 minute read)
Legislation & Regulations
Tuesday, July 25, 2023
Read about the three tax-related recommendations REBGV made to the provincial government to ease housing. (3 minute read)
Economics
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)
Taxes
Tuesday, June 27, 2023
Our recommendations to the provincial government on how the PTT can be used to help build more affordable homes. (2 minute read)
Urban Planning
Monday, June 19, 2023
This area demonstrates a new model of well-designed density through innovative practices. (2 minute read)
Taxes
Monday, June 12, 2023
Home owners in these newly taxable areas will need to declare in 2024. (2 minute read)
Urban Planning
Friday, June 9, 2023
The identified municipalities must address local barriers to construction and update zoning bylaws. (2 minute read)
Taxes
Monday, June 5, 2023
Save money on your prooperty taxes with the Home Owner Grant. The threshold has recently increased. (3 minute read)
Economics
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)
Urban Planning
Thursday, May 11, 2023
Learn more about initiatives to mitigate flood damage and assess flood risks around Greater Vancouver. (3 minute read)
Legislation & Regulations
Wednesday, May 10, 2023
The new exemptions include future children, dependents, and spouses/partners. (1 minute read)
Economics
Tuesday, April 11, 2023
What can we learn about the current market by looking at previous tightening cycles? (5:16 video, 12 minute read)
Legislation & Regulations
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
Tuesday, February 28, 2023
Floodplain mapping can help assess risk and better understand a home's value. (3 minute read)
Economics
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
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
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
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
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
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
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
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
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
Wednesday, November 16, 2022
A recent decision has clarified the test for constructive taking and expropriation by regulation. (5 minute read)
Urban Planning
Tuesday, August 16, 2022
The plan promises new densification to accommodate 260,000 new residents and 210,000 new jobs. (1 minute read)
Urban Planning
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)
Legislation & Regulations
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.
Legislation & Regulations
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)
Taxes
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)
Economics
Friday, February 18, 2022
REBGV Economist Keith Stewart's January 2022 Jobs Report is now available. (1 minute read)
Urban Planning
Tuesday, February 15, 2022
There are many strata townhomes but very few fee-simple, individually owned row homes in Metro Vancouver. Why? And how can row homes help with affordability? (3 minute read)
Urban Planning
Monday, February 14, 2022
The City of Vancouver is starting a pilot program to streamline densification on single-family lots. (3 minute read)
Legislation & Regulations
Monday, February 14, 2022
Metro Vancouver is regulating wood burning fireplaces and stoves to reduce pollution. Find out how this could affect you. (3 minute read)
Economics
Tuesday, February 1, 2022
Learn about the employment trends observed through the end of 2021 and how they could impact the housing market in 2022.
Economics
Wednesday, December 15, 2021
Employment is now at around 1.5 million jobs in the Lower Mainland. What's next?
Legislation & Regulations
Friday, December 10, 2021
Read how much tax was generated from this tax in Greater Vancouver municipalities.
Economics
Monday, December 6, 2021
Our latest economic analysis takes a deeper look at housing supply trends in Metro Vancouver and the ratio of buyers to sellers who've been active in the market throughout the pandemic.
Economics
Friday, November 26, 2021
What do the latest sales and listings trends tell us about the housing market?
Economics
Tuesday, November 16, 2021
Positive employment trends, like falling unemployment and an increase in higher earning jobs, support rising housing demand, according to the Metro Vancouver Jobs Report published by REBGV Economist Keith Stewart.
Economics
Wednesday, November 10, 2021
Will low rates continue or start to rise?
Urban Planning
Monday, October 25, 2021
The City of Vancouver’s real estate department has released a conceptual plan to redevelop city-owned land on False Creek.
Legislation & Regulations
Thursday, October 14, 2021
Metro Vancouver is facing a housing affordability crisis. Home prices continue to rise, and the inventory of homes for sale is insufficient to meet today’s demand.
Legislation & Regulations
Friday, September 24, 2021
Read about the federal government’s plans to implement a national, annual one-per-cent tax on non-resident, non-Canadian owned residential vacant or underused real estate.
Economics
Thursday, September 16, 2021
Read this report that takes stock of what has happened in Metro Vancouver’s housing market within the pandemic and what we can expect in the months ahead.
Urban Planning
Thursday, July 29, 2021
Property owners in the Agricultural Land Reserve who meet certain conditions will be able to build a second permanent dwelling as of December 31, 2021.
Legislation & Regulations
Wednesday, May 26, 2021
The provincial speculation and vacancy tax applies to airspace above buildings classed as residential. The government will temporarily remove this tax for one year.
Taxes
Thursday, April 8, 2021
Before building a laneway home or buying a property with one, you should understand the tax implications of doing so.
Legislation & Regulations
Wednesday, March 24, 2021
To help stop the hidden ownership of real estate and prevent money laundering and tax evasion, the BC government has introduced legislation and an owner registry.
Legislation & Regulations
Tuesday, March 16, 2021
Check the details of the BC government's proposed legislation to extend the residential rent freeze, and other related items.
Legislation & Regulations
Thursday, December 10, 2020
Mayor Kennedy Stewart has followed through on a 2018 election campaign promise and has tripled the Empty Homes Tax rate to three per cent.
Legislation & Regulations
Wednesday, December 2, 2020
When a title change is registered in the land titles office, the transferee must file a transparency declaration disclosing interest holders.
Legislation & Regulations
Monday, October 26, 2020
Vancouver city council passed a motion to end “no pet” restrictions in rental housing contracts on October 13, 2020.
Urban Planning
Friday, October 16, 2020
Here are solutions offered by the three main parties as well as the BC Conservative Party which makes substantive housing related recommendations.
Urban Planning
Thursday, October 8, 2020
If you have a household income under $120,000 and want to buy a home in Vancouver, a new proposal from the city – had it passed – might’ve interested you.
Urban Planning
Thursday, September 24, 2020
Green homes are the future. By 2032 all new homes in BC will have to be up to 80 per cent more energy efficient than today.
Legislation & Regulations
Monday, September 21, 2020
BC landlords can raise rental apartment rents a maximum of 1.4 per cent as of January 2021 according to new rules set by the province.
Legislation & Regulations
Thursday, September 17, 2020
The provincial government has lifted the ban on issuing evictions for non-payment of rent. Here's what to do if you're affected.
Urban Planning
Wednesday, September 16, 2020
Urban Development Institute (UDI) CEO Anne McMullin discusses the trends affecting housing supply and affordability in Metro Vancouver.
Legislation & Regulations
Tuesday, September 15, 2020
These changes are intended to address rising strata insurance costs that have affected strata owners throughout the province.
Legislation & Regulations
Thursday, September 10, 2020
Read an update on how the Insurance Bureau of Canada has responded to unusually high insurance premiums faced by strata corporations.
Legislation & Regulations
Friday, August 7, 2020
New updates to the BC Building Code allow secondary suites in duplexes, townhouses, and detached row houses throughout the province.
Legislation & Regulations
Monday, July 13, 2020
To help return the strata insurance market to balance, the Ministry of Finance announced amendments to the Strata Property Act .
Legislation & Regulations
Thursday, June 25, 2020
The BC government announced plans to extend its rental supplement program and moratorium on rent increases, while relaxing some of the rules around the eviction ban.
Legislation & Regulations
Thursday, June 18, 2020
The BC Financial Services Authority found strata insurance premiums rose by about 40 per cent, with deductibles seeing triple digit increases.
Legislation & Regulations
Thursday, May 14, 2020
If a strata property owner, or one of their family members, requires a support pet, a strata corporation must accommodate them.
Legislation & Regulations
Tuesday, February 11, 2020
In today’s Throne Speech, the BC government, building on it’s housing plan, promises to continue working to fix the housing crisis by building housing for people of all incomes, from people experiencing homelessness to middle-income families.
Legislation & Regulations
Thursday, September 12, 2019
REALTOR® associations from Canada’s largest real estate markets are calling on all levels of government to take meaningful action to make home ownership more accessible.
Legislation & Regulations
Wednesday, May 22, 2019
Property owners can no longer anonymously list companies, trusts, and partnerships. New provincial legislation establishes Canada’s first public registry of beneficial owners of BC property, and has new disclosure requirements.
History
Thursday, April 4, 2019
Henry Pybus (H.P.) “Budge” Bell-Irving was one of our most storied members. In addition to the significant contributions he made to the Real Estate Board of Greater Vancouver and the industry, he accomplished much outside of the profession.
Legislation & Regulations
Wednesday, March 20, 2019
Federal Budget 2019 includes initiatives for first-time buyers, renters and measures to prevent tax non-compliance and money laundering.
Legislation & Regulations
Thursday, March 7, 2019
A new Condo and Strata Assignment Integrity Register (CSAIR) has been introduced by the BC Ministry of Finance to track condominium pre-sales throughout the province.
Legislation & Regulations
Friday, February 22, 2019
BC Budget 2019, tabled on February 19, 2019 by Finance Minister Carole James, offers nothing to help home buyers – whether they’re first-timers or trading up.
History
Friday, February 22, 2019
The Board first published Through Lions Gate: A Pictorial Tour of Greater Vancouver in 1966. It was the first four-colour pictorial book published in Canada and was dedicated to the citizens of Greater Vancouver.
History
Thursday, January 31, 2019
In 1885, 40-year-old Malcolm A. MacLean was at a crossroads in his life.
History
Wednesday, January 16, 2019
The Real Estate Board of Greater Vancouver (REBGV) turns 100 this year! REBGV was founded as the Vancouver Real Estate Exchange on March 13, 1919.
REBGV has a history of pioneering initiatives that benefit real estate practitioners and the communities they serve across Metro Vancouver and the country.
Legislation & Regulations
Wednesday, December 12, 2018
A strata depreciation report is an important document which provides valuable information to strata owners, buyers, mortgage providers and insurers.
Urban Planning
Friday, October 12, 2018
Missing middle housing includes ground-oriented, multi-unit homes that don’t stand out in single-family neighbourhoods.
Legislation & Regulations
Thursday, July 19, 2018
The next time you go to buy or sell a property, your REALTOR® is required by the government to go through some additional forms to explain how or whether you’re being represented and to clarify the compensation that you’ll pay.
Taxes
Thursday, January 11, 2018
Each home owner will have received a property status declaration from the City to determine if their property is subject to the Empty Homes Tax.