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Home Selling
Tuesday, March 26, 2024
One tool Realtors use is comparing prices from recent sales in your area. Bonus: what's the difference between assessed and sale values? (2 minute read)
Legislation & Regulations
Monday, February 26, 2024
The government's proposed land-sharing agreement with First Nations groups will undergo further consultation. (2 minute read)
Legislation & Regulations
Monday, February 26, 2024
Here's a summary of the new housing measures in the BC budget announced on February 22, 2024.
Taxes
Friday, January 26, 2024
Detailed information about BC's SVT and property exemptions. (4 minute read)
Legislation & Regulations
Monday, December 18, 2023
Metro Vancouver is reducing pollution by regulating wood burning appliances. Does this affect you? (3 minute read)
Urban Planning
Wednesday, December 13, 2023
The BC government plans to create up to 10 standardized home designs inspired by the Vancouver Special. (2 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)
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)
Urban Planning
Monday, September 25, 2023
The change aims to address the housing crisis and simplify zoning regulations. (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)
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.
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)
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)
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)
Urban Planning
Monday, June 19, 2023
This area demonstrates a new model of well-designed density through innovative practices. (2 minute read)
Taxes
Monday, June 12, 2023
Home owners in these newly taxable areas will need to declare in 2024. (2 minute read)
Urban Planning
Friday, June 9, 2023
The identified municipalities must address local barriers to construction and update zoning bylaws. (2 minute read)
Taxes
Monday, June 5, 2023
Save money on your prooperty taxes with the Home Owner Grant. The threshold has recently increased. (3 minute read)
Urban Planning
Thursday, May 11, 2023
Learn more about initiatives to mitigate flood damage and assess flood risks around Greater Vancouver. (3 minute read)
Legislation & Regulations
Wednesday, May 10, 2023
The new exemptions include future children, dependents, and spouses/partners. (1 minute read)
Working with a REALTOR®
Friday, April 28, 2023
When buying or selling a home, Realtors have to inform you, up front, about your representation options. This is what the DORTS form is for. (3 minute read)
Home Selling
Tuesday, April 18, 2023
Contracts can only be cancelled with the mutual consent of the parties involved. (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)
Legislation & Regulations
Tuesday, February 28, 2023
Floodplain mapping can help assess risk and better understand a home's value. (3 minute read)
Legislation & Regulations
Friday, February 3, 2023
Amendments to the Strata Property Act that increase contingency reserve fund minimums are coming November 1, 2023. (2 minute read)
Legislation & Regulations
Tuesday, December 6, 2022
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
Wednesday, November 16, 2022
A recent decision has clarified the test for constructive taking and expropriation by regulation. (5 minute read)
Home Selling
Tuesday, September 13, 2022
You can now find historical home sale prices on REALTOR.ca for homes actively listed for sale. (2 minute read)
Urban Planning
Tuesday, August 16, 2022
The plan promises new densification to accommodate 260,000 new residents and 210,000 new jobs. (1 minute read)
Urban Planning
Thursday, June 30, 2022
The approved Broadway plan will include a significant number of new homes, increase tenant protection, new space for more jobs, and more. (3 minute read)
Legislation & Regulations
Thursday, March 31, 2022
The BC Real Estate Association, with support of BC’s real estate boards, has 30 policy recommendations for the provincial government.
Legislation & Regulations
Tuesday, February 22, 2022
BC Budget 2022 was released on February 22, 2022 with a focus on funding for climate change, infrastructure, and homelessness. (2 minute read)
Taxes
Friday, February 18, 2022
Owners of strata property in buildings with rental restrictions are no longer exempt from the BC Speculation and Vacancy Tax. (1 minute read)
Urban Planning
Tuesday, February 15, 2022
There are many strata townhomes but very few fee-simple, individually owned row homes in Metro Vancouver. Why? And how can row homes help with affordability? (3 minute read)
Urban Planning
Monday, February 14, 2022
The City of Vancouver is starting a pilot program to streamline densification on single-family lots. (3 minute read)
Legislation & Regulations
Friday, December 10, 2021
Read how much tax was generated from this tax in Greater Vancouver municipalities.
Urban Planning
Monday, October 25, 2021
The City of Vancouver’s real estate department has released a conceptual plan to redevelop city-owned land on False Creek.
Legislation & Regulations
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
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.
Urban Planning
Thursday, July 29, 2021
Property owners in the Agricultural Land Reserve who meet certain conditions will be able to build a second permanent dwelling as of December 31, 2021.
Legislation & Regulations
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.
Taxes
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
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.
Fact Sheets
Monday, March 22, 2021
Cannabis is regulated at the federal, provincial, and municipal levels. Here’s a summary of how it’s dealt with in Greater Vancouver municipalities.