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Market Insights Video
October 2023 Market Insights
Tuesday, November 7, 2023
Increase in newly listed properties providing more choice to home buyers, but sales remain below long-term averages.
Market Insights Video
September 2023 Market Insights
Tuesday, October 10, 2023
Due to an increase in the number of homes listed and higher mortgage rates, prices gains have slowed.
Legislation & Regulations
Interest, fees increase amount owed for property tax deferment
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
BC caps maximum rent increase to 3.5 per cent
Tuesday, September 26, 2023
The change aims to address the housing crisis and simplify zoning regulations. (2 minute read)
Legislation & Regulations
Government removes GST on new rental housing
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
August 2023 Market Insights
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)
Legislation & Regulations
Homeownership rates decline – purpose-built rentals can help
Monday, August 28, 2023
Declining homeownership rates spark investment in purpose-built rentals as solution. (2 minute read)
Market Insights Video
July 2023 Market Insights
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
PM shuffles cabinet, new federal housing minister
Thursday, July 27, 2023
Sean Fraser is now the minister of housing, infrastructure, and communities. (2 minute read)
Legislation & Regulations
REBGV recommends policy changes to improve housing affordability and availability in BC
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
June 2023 Market Insights
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.
Market Insights Video
May 2023 Market Insights
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
New exemptions to strata age restriction bylaws
Wednesday, May 10, 2023
The new exemptions include future children, dependents, and spouses/partners. (1 minute read)
Market Insights Video
April 2023 Market Insights
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)
Market Insights Video
March 2023 Market Insights
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
Federal foreign buyer ban coming in January 2023
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)
Market Insights Video
February 2023 Market Insights
Wednesday, March 8, 2023
Below average home sales allow inventory to inch upwards. (2:13 video)
Legislation & Regulations
The effect of flood mapping and floods on housing prices
Tuesday, February 28, 2023
Floodplain mapping can help assess risk and better understand a home's value. (3 minute read)
Market Insights Video
January 2023 Market Insights
Friday, February 10, 2023
Home sales decline below long-term averages and inventory remains low. (2:09 video)
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)
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
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)
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)
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.
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.
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.
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.
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)
Legislation & Regulations
BC REALTORS® offer 30 policy recommendations to province to improve BC real estate
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.
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)
Legislation & Regulations
What’s in BC Budget 2022 for homebuyers and owners?
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
Metro Vancouver regulates wood burning fireplaces and stoves
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
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.
Legislation & Regulations
How many homes paid BC Vacancy and Speculation Tax in your community?
Friday, December 10, 2021
Read how much tax was generated from this tax in Greater Vancouver municipalities.
Market Insights Video
November 2021 Market Insights
Friday, December 10, 2021
Home sales activity remains up, listings down across Metro Vancouver’s housing market.
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.
Legislation & Regulations
REBGV makes three recommendations to BC government to help make homes more affordable
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
September 2021 Market Insights
Friday, October 8, 2021
Elevated home sale activity continues to outstrip supply of homes for sale in Metro Vancouver.
Legislation & Regulations
Federal government plans unused housing tax
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.
Market Insights Video
August 2021 Market Insights
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.
Market Insights Video
July 2021 Market Insights
Wednesday, August 11, 2021
Metro Vancouver’s housing market saw steady sales, reduced listings, and virtually unchanged home prices in July.
Market Insights Video
June 2021 Market Insights
Friday, July 9, 2021
Metro Vancouver’s housing market continued its strong seller’s market conditions, but the intensity of demand slowed.
Market Insights Video
May 2021 Market Insights
Wednesday, June 9, 2021
Home sale and listing activity in Metro Vancouver moves off of its record-breaking pace.