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Legislation & Regulations
BC REALTORS® offer 30 policy recommendations to province to improve BC real estate
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.
Legislation & Regulations
What’s in BC Budget 2022 for homebuyers and owners?
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)
Legislation & Regulations
Metro Vancouver regulates wood burning fireplaces and stoves
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)
Legislation & Regulations
How many homes paid BC Vacancy and Speculation Tax in your community?
Friday, December 10, 2021
How many homes paid BC Vacancy and Speculation Tax in your community?
Read how much tax was generated from this tax in Greater Vancouver municipalities.
Legislation & Regulations
REBGV makes three recommendations to BC government to help make homes more affordable
Thursday, October 14, 2021
REBGV makes three recommendations to BC government to help make homes more affordable
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.
Legislation & Regulations
Federal government plans unused housing tax
Friday, September 24, 2021
Federal government plans unused housing tax
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.
Home Buying
Can you explain sellers’ and buyers’ contractual obligations?
Wednesday, July 14, 2021
Can you explain sellers’ and buyers’ contractual obligations?
Buyers and sellers with signed contracts that are legally binding have many contractual obligations. Here are a few examples.
Legislation & Regulations
How will the new mortgage stress test rules impact Metro Vancouver real estate?
Tuesday, June 1, 2021
How will the new mortgage stress test rules impact Metro Vancouver real estate?
The new rules will dampen mortgage credit growth, but should have a modest effect on home sales and prices in the region going forward.
Legislation & Regulations
Speculation and vacancy tax relief for non-existent homes
Wednesday, May 26, 2021
Speculation and vacancy tax relief for non-existent homes
The provincial speculation and vacancy tax applies to airspace above buildings classed as residential. The government will temporarily remove this tax for one year.
Market Trends
Real estate regulators advise home buyers and sellers to do research, seek advice from their REALTOR® to understand the potential risks of buying in a busy market
Friday, April 16, 2021
Real estate regulators advise home buyers and sellers to do research, seek advice from their REALTOR® to understand the potential risks of buying in a busy market
In an active market, seeking professional advice from a Realtor is more important than ever.
Home Ownership
Are BC home owners protected against title fraud?
Thursday, April 8, 2021
Are BC home owners protected against title fraud?
Two rare fraud attempts highlight protection for home owners.
Legislation & Regulations
The Land Owner Transparency Registry – what you need to know
Wednesday, March 24, 2021
The Land Owner Transparency Registry – what you need to know
To help stop the ‎hidden ownership of real ‎‎estate and prevent money laundering and tax evasion, the BC government has introduced legislation and an owner registry.
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