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Taxes
Property taxes 101
Monday, June 5, 2023
Property taxes 101
Save money on your prooperty taxes with the Home Owner Grant. The threshold has recently increased. (3 minute read)
Legislation & Regulations
REBGV recommends policy changes to improve housing affordability and availability in BC
Thursday, June 1, 2023
REBGV recommends policy changes to improve housing affordability and availability in BC
Read about the three tax-related recommendations REBGV made to the provincial government to ease housing. (3 minute read)
Legislation & Regulations
New exemptions to strata age restriction bylaws
Wednesday, May 10, 2023
New exemptions to strata age restriction bylaws
The new exemptions include future children, dependents, and spouses/partners. (1 minute read)
Legislation & Regulations
Federal foreign buyer ban coming in January 2023
Friday, March 31, 2023
Federal foreign buyer ban coming in January 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)
Legislation & Regulations
The effect of flood mapping and floods on housing prices
Tuesday, February 28, 2023
The effect of flood mapping and floods on housing prices
Floodplain mapping can help assess risk and better understand a home's value. (3 minute read)
Legislation & Regulations
Better protection for strata property owners coming in November
Friday, February 3, 2023
Better protection for strata property owners coming in November
Amendments to the Strata Property Act that increase contingency reserve fund minimums are coming November 1, 2023. (2 minute read)
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)
Legislation & Regulations
BC government introduces “cooling off” period for home sales
Tuesday, December 6, 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)
Legislation & Regulations
Supreme Court of Canada clarifies, expands principles of expropriation
Wednesday, November 16, 2022
Supreme Court of Canada clarifies, expands principles of expropriation
A recent decision has clarified the test for constructive taking and expropriation by regulation. (5 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)
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)
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