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Home Buying
Thursday, November 23, 2023
Since June 22, 2022 chartered banks have repeatedly raised their posted mortgage rates in response to higher bond yields. (1 minute read)
Home Buying
Monday, November 20, 2023
Since July 1, 2020, it has become increasingly more difficult for first-time home buyers to buy a home. (2 minute read)
Home Buying
Monday, November 20, 2023
Home buyers with less than a 20 per cent down payment applying for a high-ratio mortgage with a regulated financial institution are typically offered a contract mortgage interest rate.
Home Buying
Friday, November 17, 2023
Check how the stress test may affect you, with examples of buying an apartment, an attached home, and a detached home. (3 minute read)
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)
Market Insights Video
Tuesday, November 7, 2023
Increase in newly listed properties providing more choice to home buyers, but sales remain below long-term averages.
Home Buying
Thursday, November 2, 2023
Private insurers have not been required to follow CMHC's lead and tighten lending standards. (2 minute read)
Market Insights Video
Tuesday, October 10, 2023
Due to an increase in the number of homes listed and higher mortgage rates, prices gains have slowed.
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)
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)
Market Insights Video
Wednesday, September 6, 2023
Higher borrowing costs begin to affect the housing market, with price gains cooling and sales slowing along the typical seasonal pattern. (2:25 minute video)
Home Buying
Wednesday, August 30, 2023
Buying or selling a home is a significant financial decision. That’s why it’s important to take your time to choose the right Realtor for you. (2 minute read)
Legislation & Regulations
Monday, August 28, 2023
Declining homeownership rates spark investment in purpose-built rentals as solution. (2 minute read)
Community
Wednesday, August 23, 2023
The McDougall Creek fire is one of many raging across BC. Here's how you can help. (1 minute read)
Market Insights Video
Tuesday, August 8, 2023
Home prices for all home types rose again as strong sales push up against low housing inventory. (2:22 minute video)
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)
Market Insights Video
Wednesday, July 12, 2023
The benchmark price for all home types increases again this month as buyers vie for a limited number of homes for sale.
Home Buying
Thursday, July 6, 2023
Home buyers in a multiple offer situation will soon receive additional information about other competing offers.
Market Insights Video
Thursday, June 8, 2023
The housing market is showing signs of heating up as summer arrives, with prices increasing for the sixth consecutive month.
Legislation & Regulations
Wednesday, May 10, 2023
The new exemptions include future children, dependents, and spouses/partners. (1 minute read)
Market Insights Video
Thursday, May 4, 2023
With listing activity remaining below historical norms, home sales in Metro Vancouver have mounted a surprising comeback. (1 minute read, 2:14 minute video)
Community
Friday, April 21, 2023
Read about our 2022 REALTORS Care Award recipient. (2 minutes, 3:03 video)
Market Insights Video
Wednesday, April 12, 2023
Home prices showed modest increases in March, while new listings remained below long-term historical averages. (1 minute read, 2:24 video)
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)
Home Buying
Wednesday, March 29, 2023
When you decide to buy a property, your Realtor will prepare what is known as an Offer to Purchase.
Home Buying
Tuesday, March 21, 2023
These programs, savings account, exemption, and tax credit will help lower the cost of buying your first home. (3 minute read)
Market Insights Video
Wednesday, March 8, 2023
Below average home sales allow inventory to inch upwards. (2:13 video)
Legislation & Regulations
Tuesday, February 28, 2023
Floodplain mapping can help assess risk and better understand a home's value. (3 minute read)
Market Insights Video
Friday, February 10, 2023
Home sales decline below long-term averages and inventory remains low. (2:09 video)
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)
Home Buying
Wednesday, February 1, 2023
Search listings from the MLS® systems operated by the Greater Vancouver, Fraser Valley, Chilliwack, BC Northern, and Vancouver Island real estate boards.
Market Insights Video
Monday, January 9, 2023
Rising mortgage rates brought uncertainty and caution in 2022 to Metro Vancouver housing markets. (2:28 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)
Market Insights Video
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
Wednesday, November 16, 2022
A recent decision has clarified the test for constructive taking and expropriation by regulation. (5 minute read)
Market Insights Video
Monday, November 7, 2022
Home sale activity continued to trend well below historical averages in October. (2:21 video)
Market Insights Video
Tuesday, October 11, 2022
Metro Vancouver saw more home sellers and fewer buyers in September. (Video 2:20 minutes)
Market Insights Video
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)
Market Insights Video
Monday, August 8, 2022
REBGV Chair Daniel John discusses how home buyer demand continues to ease across Metro Vancouver.
Editorial
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
Tuesday, July 5, 2022
REBGV Chair Daniel John discusses how the marketplace is changing with increasing interest rates and housing supply.
Market Insights Video
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.
Community
Wednesday, June 1, 2022
REALTORS® Ron Basra and Phil Moore received the 2021 REALTORS Care® Award for providing much needed aid under difficult conditions during the 2021 BC floods. (2 minute read)
Community
Wednesday, June 1, 2022
REBGV honoured REALTOR® K. Scott Russell with the 2021 Professional Excellence Award for his mentorship and contributions to organized real estate over his long career. (3 minute read)
Home Buying
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
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
Friday, May 6, 2022
Home buyer demand in Metro Vancouver returned to more historically typical levels in April.
Home Buying
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
Tuesday, April 12, 2022
While down from last year, home sale activity in Metro Vancouver remained elevated in March. (2:47 video)
Home Buying
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
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
Monday, April 4, 2022
If you plan to buy a strata property, check out the strata council minutes, contingency fund, and more.
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.
Home Buying
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)
Home Buying
Thursday, March 24, 2022
Mortgage expert Angela Calla discusses trends, rate increases, and reverse mortgages. (2 minute read)
Home Buying
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
Monday, March 21, 2022
Before buying a vacation property, be aware of tax implications and other vital considerations. (4 minute read)
Market Insights Video
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)
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)
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)
Market Insights Video
Tuesday, February 8, 2022
Low supply keeps upward pressure on home prices across Metro Vancouver.
Market Insights Video
Tuesday, January 11, 2022
Metro Vancouver home sales set a record in 2021.
Home Buying
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.
Legislation & Regulations
Friday, December 10, 2021
Read how much tax was generated from this tax in Greater Vancouver municipalities.
Market Insights Video
Friday, December 10, 2021
Home sales activity remains up, listings down across Metro Vancouver’s housing market.
Home Buying
Wednesday, December 8, 2021
Read about the new programs the federal government has proposed to help first-time home buyers.
Community
Friday, December 3, 2021
Realtors across the Lower Mainland raised over $134,000 for disaster relief and collected warm clothing and blankets for those in need.
Community
Wednesday, November 24, 2021
REALTORS® are closely involved with their communities. Find out how they helped during BC's flood disaster.
Community
Tuesday, November 23, 2021
BC hasn't seen a disaster on this level before. We had to help.
Market Insights Video
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.
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.
Market Insights Video
Friday, October 8, 2021
Elevated home sale activity continues to outstrip supply of homes for sale in Metro Vancouver.
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.
Market Insights Video
Thursday, September 9, 2021
While home buyers have remained active in Metro Vancouver throughout the summer, the supply of homes for sale has declined steadily since June.
Home Buying
Tuesday, August 24, 2021
Millennial newcomers will help fill the expected 861,000 job openings in BC over the next decade (2019-2029), and most would like to own a home.
Market Insights Video
Wednesday, August 11, 2021
Metro Vancouver’s housing market saw steady sales, reduced listings, and virtually unchanged home prices in July.
Community
Thursday, July 22, 2021
The REALTORS Care® Shelter Drive raised $15,000 for three housing charities in Metro Vancouver over a challenging year during the pandemic.
Home Buying
Wednesday, July 14, 2021
Buyers and sellers with signed contracts that are legally binding have many contractual obligations. Here are a few examples.
Community
Tuesday, July 13, 2021
In response to the Lytton wildfire, REBGV donated $10,000 to the Red Cross BC Fires Appeal.
Market Insights Video
Friday, July 9, 2021
Metro Vancouver’s housing market continued its strong seller’s market conditions, but the intensity of demand slowed.
Community
Wednesday, June 23, 2021
The Real Estate Board of Greater Vancouver recognised REALTOR® Michelle Porter with the REALTORS Care® Award for her volunteer work with charities in Metro Vancouver.
Market Insights Video
Wednesday, June 9, 2021
Home sale and listing activity in Metro Vancouver moves off of its record-breaking pace.
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.
Home Buying
Friday, May 14, 2021
Before you begin home hunting, get prepared using these five simple steps to mitigate your risk so there are no unwanted surprises in one of the biggest financial decisions of your life.
Market Insights Video
Friday, May 7, 2021
Supply response emerges in Metro Vancouver’s active housing market.
Home Buying
Thursday, April 29, 2021
Here's what hopeful home buyers need to know to successfully navigate Metro Vancouver’s hectic housing market.
Market Insights Video
Tuesday, April 13, 2021
March home sales and new listings set records in Metro Vancouver.
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.
Fact Sheets
Monday, March 22, 2021
Cannabis is regulated at the federal, provincial, and municipal levels. Here’s a summary of how it’s dealt with in Greater Vancouver municipalities.
Fact Sheets
Wednesday, March 17, 2021
If a home is more than 60 years old, home owners may refer to it as having character merit or as “heritage”, regardless of how well it has been preserved or how much it has been altered over the years.
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.
Market Insights Video
Monday, March 8, 2021
Home buyer competition intensifies across Metro Vancouver’s housing market.
Home Buying
Wednesday, February 17, 2021
A combination of historically high demand, limited housing supply, and COVID-19 restrictions is changing the way buyers and sellers are operating in Metro Vancouver’s housing market.