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Home Ownership
Tuesday, November 28, 2023
Learn how heat pumps are an energy-efficient way of transferring heat in and out of a home. (3 minute read)
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)
Home Ownership
Wednesday, November 1, 2023
When you're looking to buy a home, it's important to understand the steps for getting a mortgage. (3 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)
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)
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)
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.
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)
Home Ownership
Monday, August 28, 2023
Here's how to make your lawn and garden look good when the weather isn't. (2 minute read)
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)
Home Ownership
Monday, August 21, 2023
A new budget report cited REBGV’s three recommendations on how to clear a path to home ownership. (3 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)
Home Ownership
Tuesday, July 18, 2023
Home owners looking to renovate older homes will need to ensure their contractors are certified. (2 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.
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)
Taxes
Monday, June 12, 2023
Home owners in these newly taxable areas will need to declare in 2024. (2 minute read)
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.
Taxes
Monday, June 5, 2023
Save money on your prooperty taxes with the Home Owner Grant. The threshold has recently increased. (3 minute read)
Legislation & Regulations
Wednesday, May 10, 2023
The new exemptions include future children, dependents, and spouses/partners. (1 minute read)
Home Ownership
Monday, May 8, 2023
Avoid costly mistakes for a worry-free bathroom reno. (2 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)
Home Ownership
Tuesday, April 25, 2023
Tips to make your outdoor space a naturally inviting part of your home. (2 minute read)
Home Selling
Tuesday, April 18, 2023
Contracts can only be cancelled with the mutual consent of the parties involved. (3 minute read)
Home Ownership
Friday, April 14, 2023
The federal government is offering up to $10K for low- and median-income homeowners to install an energy-efficient heat pump. (1 minute read)
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)
Home Ownership
Monday, April 3, 2023
Having insurance coverage is vital. There’s a misconception among home owners that their existing policy will cover a suite. It doesn’t.
Home Ownership
Friday, March 31, 2023
The federal government amended its foreign buyer ban regulations, allowing more flexibility. (3 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)
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)
Home Selling
Wednesday, March 8, 2023
To attract buyers and ensure you receive a price that works best for you, your Realtor will help establish your home’s current market value.
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)