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Legislation & Regulations
REBGV makes three recommendations to BC government to help make homes more affordable
Thursday, October 14, 2021
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
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
Millennials to drive housing demand
Tuesday, August 24, 2021
Millennial newcomers will help fill the expected 861,000 job openings in BC over the next decade (2019-2029), and most would like to own a home.
Home Buying
Can you explain sellers’ and buyers’ contractual obligations?
Wednesday, July 14, 2021
Buyers and sellers with signed contracts that are legally binding have many contractual obligations. Here are a few examples.
Home Buying
Use Realtylink.org to help find your next home
Friday, June 25, 2021
Search the most up-to-date listings from the MLS® systems operated by the Greater Vancouver, Fraser Valley, Chilliwack, BC Northern, and Vancouver Island real estate boards.
Legislation & Regulations
How will the new mortgage stress test rules impact Metro Vancouver real estate?
Tuesday, June 1, 2021
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
The provincial speculation and vacancy tax applies to airspace above buildings classed as residential. The government will temporarily remove this tax for one year.
Home Buying
Home buyers: 5 tips to prepare for a busy market
Friday, May 14, 2021
Before you begin home hunting, get prepared using these five simple steps to mitigate your risk so there are no unwanted surprises in one of the biggest financial decisions of your life.
Home Buying
What are the buying costs of a home?
Wednesday, May 5, 2021
If you’ve decided to buy a home, it’s important you understand all the costs involved in addition to the price you're paying for the property.
Home Buying
Q&A with REBGV Chair Taylor Biggar: Tips for home buyers in today’s hectic housing market?
Thursday, April 29, 2021
Here's what hopeful home buyers need to know to successfully navigate Metro Vancouver’s hectic housing market.
Home Buying
What are the tax implications of buying a vacation home?
Monday, April 19, 2021
Before buying a vacation property, you should be aware of tax implications and other important considerations.
Home Buying
Here are seven strata terms you should know
Wednesday, April 14, 2021
If you’re looking to own a strata home, make sure you’re familiar with related terminology. Here’s a guide to some of those terms.
Home Buying
Federal agency proposes new minimum qualifying rate for uninsured mortgages
Friday, April 9, 2021
The Office of the Superintendent of Financial Institutions began consultation yesterday on a proposed increase to the minimum qualifying rate for uninsured mortgages.
Taxes
What are the tax implications of building a laneway house?
Thursday, April 8, 2021
Before building a laneway home or buying a property with one, you should understand the tax implications of doing so.
Legislation & Regulations
The Land Owner Transparency Registry – what you need to know
Wednesday, March 24, 2021
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.
Legislation & Regulations
Rent freeze extended; renovictions, disputes addressed in proposed legislation
Tuesday, March 16, 2021
Check the details of the BC government's proposed legislation to extend the residential rent freeze, and other related items.
Home Buying
Buying or selling a home? Here are 4 trends you can expect in today's market
Wednesday, February 17, 2021
A combination of historically high demand, limited housing supply, and COVID-19 restrictions is changing the way buyers and sellers are operating in Metro Vancouver’s housing market.
Legislation & Regulations
Time to complete your speculation and vacancy tax declaration
Friday, January 22, 2021
Residential property owners in communities where the speculation and vacancy tax applies will soon receive their declaration package.
Taxes
Property taxes 101
Wednesday, January 6, 2021
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.
Legislation & Regulations
Vancouver’s Empty Homes Tax increases to three per cent
Thursday, December 10, 2020
Mayor Kennedy Stewart has followed through on a 2018 election campaign promise and has tripled the Empty Homes Tax rate to three per cent.
Legislation & Regulations
BC's Land Owner Transparency Registry now in force: what you need to know
Wednesday, December 2, 2020
When a title change is registered in the land titles office, the transferee must file a transparency declaration disclosing interest holders.
Home Buying
REALTORS® acting with extra vigilance as COVID-19 caseload rises
Monday, November 2, 2020
With COVID-19 cases on the rise, REALTORS® are committed to adhering to the province’s latest physical distancing requirements and conducting as much of their business as possible in a virtual environment.
Legislation & Regulations
Vancouver council passes motion to end "no pets" rental rules
Monday, October 26, 2020
Vancouver city council passed a motion to end “no pet” restrictions in rental housing contracts on October 13, 2020.
Home Buying
7 green ideas to consider when buying a home
Thursday, October 8, 2020
When looking for an eco-friendly home, here are some things to look for or put in place yourself.
Home Buying
Attending an open house? Here are seven things to expect
Monday, September 28, 2020
REALTORS® are now able to hold open houses with safety practices in place. Here's what you can expect during today’s period of physical distancing.
Legislation & Regulations
Maximum allowable rent increase is 1.4 per cent for 2021
Monday, September 21, 2020
BC landlords can raise rental apartment rents a maximum of 1.4 per cent as of January 2021 according to new rules set by the province.
Legislation & Regulations
Rent due, evictions allowed, rent repayment plan
Thursday, September 17, 2020
The provincial government has lifted the ban on issuing evictions for non-payment of rent. Here's what to do if you're affected.
Legislation & Regulations
Provincial government changes strata insurance regulations
Tuesday, September 15, 2020
These changes are intended to address rising strata insurance costs that have affected strata owners throughout the province.
Legislation & Regulations
Strata insurance – where are we at?
Thursday, September 10, 2020
Read an update on how the Insurance Bureau of Canada has responded to unusually high insurance premiums faced by strata corporations.
Home Buying
A closer look at bank rates
Thursday, August 20, 2020
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.
Legislation & Regulations
Secondary suites now allowed in ground-oriented, multi-family buildings
Friday, August 7, 2020
New updates to the BC Building Code allow secondary suites in duplexes, townhouses, and detached row houses throughout the province.
Taxes
Empty Homes Tax put to good use – Vancouver creates affordable housing
Tuesday, July 28, 2020
Four affordable housing projects in Vancouver are receiving grants totalling more than $8.7 million dollars – partially funded by Vancouver’s Empty Homes Tax. 
Legislation & Regulations
Government begins regulating strata insurance
Monday, July 13, 2020
To help return the strata insurance market to balance, the Ministry of Finance announced amendments to the Strata Property Act .
Legislation & Regulations
Open houses to resume in BC under new safety guidelines
Tuesday, July 7, 2020
Learn more about these guidelines and what you can expect at an open house.
Home Buying
Watch part two in our video chat with Mortgage Broker Angela Calla
Thursday, July 2, 2020
Angela talks about how the mortgage market is evolving.
Legislation & Regulations
BC government extends rental supplement and moratorium on rent increases, relaxes eviction ban 
Thursday, June 25, 2020
The BC government announced plans to extend its rental supplement program and moratorium on rent increases, while relaxing some of the rules around the eviction ban.