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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)
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 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)
Taxes
Friday, June 3, 2022
Property taxes 101
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
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)
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)
Legislation & Regulations
Thursday, March 31, 2022
BC REALTORS® offer 30 policy recommendations to province to improve BC real estate
The BC Real Estate Association, with support of BC’s real estate boards, has 30 policy recommendations for the provincial government.
Market Trends
Thursday, March 3, 2022
What does first quarter activity say about Metro Vancouver’s housing market in 2022?
REBGV Economist Keith Stewart projects what home sale, listing, and price activity you can expect in 2022. (1 minute read)
Legislation & Regulations
Tuesday, February 22, 2022
What’s in BC Budget 2022 for homebuyers and owners?
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
No SVT exemption for owners of vacant stratas
Owners of strata property in buildings with rental restrictions are no longer exempt from the BC Speculation and Vacancy Tax. (1 minute read)
Economics Report
Friday, February 18, 2022
Metro Vancouver’s employment trends recovering, outperforming Canada’s other large metros
REBGV Economist Keith Stewart's January 2022 Jobs Report is now available. (1 minute read)
Legislation & Regulations
Monday, February 14, 2022
Metro Vancouver regulates wood burning fireplaces and stoves
Metro Vancouver is regulating wood burning fireplaces and stoves to reduce pollution. Find out how this could affect you. (3 minute read)
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