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Legislation & Regulations
Tuesday, August 9, 2022
BC government introduces “cooling off” period for home sales
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)
Home Buying
Tuesday, August 9, 2022
How rising mortgage rates affect insured mortgages
Recently, chartered banks raised their posted mortgage rates in response to higher bond yields. (1 minute read)
Market Insights Video
Monday, August 8, 2022
July 2022 Market Insights
REBGV Chair Daniel John discusses how home buyer demand continues to ease across Metro Vancouver.
Market Trends
Tuesday, July 19, 2022
CMHC estimates 3.5 million new affordable homes needed
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
Tuesday, July 12, 2022
June 2022 Market Insights
REBGV Chair Daniel John discusses how the marketplace is changing with increasing interest rates and housing supply.
Market Trends
Thursday, June 23, 2022
Lower Mainland’s commercial real estate market begins 2022 with steady sales and higher prices
A steady start to the 2022 commercial real estate market. (2 minute read)
Market Insights Video
Wednesday, June 8, 2022
May 2022 Market Insights
After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro Vancouver this spring.
Market Trends
Wednesday, June 1, 2022
MLS® Home Price Index updated to better reflect current housing trends
The MLS® HPI was updated to better reflect what a typical home looks like in a community. (3 minute read)
Home Buying
Friday, May 27, 2022
BCFSA's recommendations for cooling-off period and other measures
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
Questions for a mortgage broker: Interest rates, stress test, mortgage options
Check out what local mortgage broker Angela Calla said about what’s happening in the mortgage market today. (3 minute read)
Market Trends
Friday, May 13, 2022
CMHC report finds lack of supply main cause of unaffordable housing
A recent CMHC report determined housing supply is the main factor behind unaffordability in Canada. (1 minute read)
Market Insights Video
Friday, May 6, 2022
April 2022 Market Insights
Home buyer demand in Metro Vancouver returned to more historically typical levels in April.
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