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.
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)
In a busy real estate market, homes are bought and sold at a faster pace than usual. This can create a sense of urgency that causes home prices to rise.