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Market Trends
Greater Vancouver Assessments up overall
Friday, January 6, 2023
Greater Vancouver Assessments up overall
Property assessment notices are sent in the first week of the year, and have increased for some property types. (3 minute read)
Market Trends
Lower Mainland’s commercial real estate sees fewer transactions in Q2
Thursday, September 15, 2022
Lower Mainland’s commercial real estate sees fewer transactions in Q2
Activity in the commercial real estate market edged down from the brisker pace experienced at the start of the year. (2 minute read)
Home Buying
How rising mortgage rates affect insured mortgages
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)
Editorial
REBGV brings on Andrew Lis as new economist
Tuesday, July 19, 2022
REBGV brings on Andrew Lis as new economist
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 Trends
CMHC estimates 3.5 million new affordable homes needed
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
Lower Mainland’s commercial real estate market begins 2022 with steady sales and higher prices
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 Trends
MLS® Home Price Index updated to better reflect current housing 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)
Community
Metro Vancouver REALTORS® honoured for rapid response during BC's flooding disaster
Wednesday, June 1, 2022
Metro Vancouver REALTORS® honoured for rapid response during BC's flooding disaster
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
Richmond REALTOR® receives REBGV’s highest honour for professionalism
Wednesday, June 1, 2022
Richmond REALTOR® receives REBGV’s highest honour for professionalism
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
BCFSA's recommendations for cooling-off period and other measures
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
Questions for a mortgage broker: Interest rates, stress test, mortgage options
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
CMHC report finds lack of supply main cause of unaffordable housing
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)
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