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Economics
What will Greater Vancouver's commercial property market look like in 2024?
Thursday, January 25, 2024
Our latest commercial forecast shows an optimistic look at 2024. (2 minute read)
Economics
What will home sales look like in the first half of 2024?
Thursday, January 11, 2024
Our latest forecast looks at last year to help to predict what the housing market will look like in the first half of 2024. (2 minute read)
Legislation & Regulations
Metro Vancouver regulates wood burning fireplaces and stoves
Monday, December 18, 2023
Metro Vancouver is reducing pollution by regulating wood burning appliances. Does this affect you? (3 minute read)
Legislation & Regulations
How will the 2021 mortgage stress test rules impact Metro Vancouver real estate?
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)
Economics
The Lede: Does the perfect price metric exist?
Thursday, October 26, 2023
How do we actually know what property values are doing at any given point in time? (5 minute read)
Legislation & Regulations
Interest, fees increase amount owed for property tax deferment
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)
Economics
2023 Market Forecast Review: Looking Back, Looking Ahead | REBGV event
Wednesday, September 27, 2023
REBGV Director, economics and data analytics presented his updated market outlook to REALTORS® at an online event in September. (1:23:52 video)
Legislation & Regulations
BC caps maximum rent increase to 3.5 per cent
Tuesday, September 26, 2023
The change aims to address the housing crisis and simplify zoning regulations. (2 minute read)
Legislation & Regulations
Government removes GST on new rental housing
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)
Economics
Will home sales stay resilient in the face of high interest rates?
Thursday, September 7, 2023
Our forecast checks market trends and economic factors to predict what the housing market will look like in the rest of 2023. (2 minute read)
Legislation & Regulations
Homeownership rates decline – purpose-built rentals can help
Monday, August 28, 2023
Declining homeownership rates spark investment in purpose-built rentals as solution. (2 minute read)
Community
REBGV donates $10,000 to BC wildfire relief
Wednesday, August 23, 2023
The McDougall Creek fire is one of many raging across BC. Here's how you can help. (1 minute read)
Legislation & Regulations
PM shuffles cabinet, new federal housing minister
Thursday, July 27, 2023
Sean Fraser is now the minister of housing, infrastructure, and communities. (2 minute read)
Legislation & Regulations
REBGV recommends policy changes to improve housing affordability and availability in BC
Tuesday, July 25, 2023
Read about the three tax-related recommendations REBGV made to the provincial government to ease housing. (3 minute read)
Economics
The Lede: The Million Dollar Wall
Thursday, July 6, 2023
The property ladder is broken. In the latest Lede, Andrew Lis gives his take, and how it can be fixed. (9:33 video, 10 minute read)
Economics
The Lede: What’s (not) happening with new listings in Metro Vancouver?
Tuesday, May 16, 2023
Listings are low so far this year, but why? REBGV's Director Economics and Data Analytics Andrew Lis has a theory. (6:38 video, 8 minute read)
Legislation & Regulations
New exemptions to strata age restriction bylaws
Wednesday, May 10, 2023
The new exemptions include future children, dependents, and spouses/partners. (1 minute read)
Community
Vancouver REALTOR® honoured for innovative fundraising, work with community causes
Friday, April 21, 2023
Read about our 2022 REALTORS Care Award recipient. (2 minutes, 3:03 video)
Economics
The Lede: Rate hikes part II - the damage done
Tuesday, April 11, 2023
What can we learn about the current market by looking at previous tightening cycles? (5:16 video, 12 minute read)
Legislation & Regulations
Federal foreign buyer ban coming in January 2023
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
The effect of flood mapping and floods on housing prices
Tuesday, February 28, 2023
Floodplain mapping can help assess risk and better understand a home's value. (3 minute read)
Economics
The Lede blog: Rate hikes part I - where to from here?
Friday, February 17, 2023
What is the Bank of Canada considering when it comes to interest rates - and how will this help us understand what's going to happen to rates in the future? (5 minute read)
Economics
The Lede blog: StatsCan population growth projections
Monday, February 6, 2023
REBGV's Director of Statistics and Data Analytics looks at what the latest StatsCan projections could mean for our housing market. (7 minute read)
Legislation & Regulations
Better protection for strata property owners coming in November
Friday, February 3, 2023
Amendments to the Strata Property Act that increase contingency reserve fund minimums are coming November 1, 2023. (2 minute read)
Economics
Will Metro Vancouver housing prices increase in 2023?
Tuesday, January 31, 2023
REBGV’s Economics team released their latest housing forecast for 2023. Will home prices increase? Read the full report to find out. (8 minute read)
Economics
The Lede blog: Mega trends and micro trends
Monday, January 30, 2023
What makes a trend? Andrew Lis, Director of Economics and Data Analytics explains in the first of his new blog series. (8 minute read)
Economics
Dysfunction by Design: 2023 Market Outlook | REBGV event
Thursday, January 26, 2023
REBGV Director, economics and data analytics presented his market outlook to REALTORS® at an exclusive online event in January. (1:48:22 video)
Economics
The Lede video blog: StatsCan population growth projections
Wednesday, January 25, 2023
Births, deaths, migration – what do these have to do with the housing market? Andrew Lis explains in the latest episode of The Lede. (2:54 minute video)
Economics
The Lede video blog: Mega trends and micro trends
Tuesday, January 17, 2023
Andrew Lis, REBGV's economist and data analyst, looks at what makes a statistical trend in this video blog. (4:41 minute video)
Legislation & Regulations
BC government introduces “cooling off” period for home sales
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
Supreme Court of Canada clarifies, expands principles of expropriation
Wednesday, November 16, 2022
A recent decision has clarified the test for constructive taking and expropriation by regulation. (5 minute read)
Editorial
REBGV brings on Andrew Lis as new economist
Tuesday, July 19, 2022
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)
Community
Metro Vancouver REALTORS® honoured for rapid response during BC's flooding disaster
Wednesday, June 1, 2022
REALTORS® Ron Basra and Phil Moore received the 2021 REALTORS Care® Award for providing much needed aid under difficult conditions during the 2021 BC floods. (2 minute read)
Community
Richmond REALTOR® receives REBGV’s highest honour for professionalism
Wednesday, June 1, 2022
REBGV honoured REALTOR® K. Scott Russell with the 2021 Professional Excellence Award for his mentorship and contributions to organized real estate over his long career. (3 minute read)
Legislation & Regulations
BC REALTORS® offer 30 policy recommendations to province to improve BC real estate
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
What’s in BC Budget 2022 for homebuyers and owners?
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)
Economics
Metro Vancouver’s employment trends recovering, outperforming Canada’s other large metros
Friday, February 18, 2022
REBGV Economist Keith Stewart's January 2022 Jobs Report is now available. (1 minute read)
Economics
What's happening with employment trends in Metro Vancouver?
Tuesday, February 1, 2022
Learn about the employment trends observed through the end of 2021 and how they could impact the housing market in 2022.
Economics
REBGV Q3 2021 Housing Overview – Job market performance
Wednesday, December 15, 2021
Employment is now at around 1.5 million jobs in the Lower Mainland. What's next?
Legislation & Regulations
How many homes paid BC Vacancy and Speculation Tax in your community?
Friday, December 10, 2021
Read how much tax was generated from this tax in Greater Vancouver municipalities.
Economics
Where have the homes gone? REBGV’s latest economic analysis explores supply trends in Metro Vancouver’s housing market
Monday, December 6, 2021
Our latest economic analysis takes a deeper look at housing supply trends in Metro Vancouver and the ratio of buyers to sellers who've been active in the market throughout the pandemic.
Community
REALTORS® raise over $134,000 for BC disaster relief during the 27th annual REALTORS Care® Blanket Drive
Friday, December 3, 2021
Realtors across the Lower Mainland raised over $134,000 for disaster relief and collected warm clothing and blankets for those in need.
Economics
REBGV Q3 2021 Housing Overview – Sales and listings trends
Friday, November 26, 2021
What do the latest sales and listings trends tell us about the housing market?
Community
Lower Mainland REALTORS® act quickly to aid flood victims
Wednesday, November 24, 2021
REALTORS® are closely involved with their communities. Find out how they helped during BC's flood disaster.
Community
Greater Vancouver and Fraser Valley real estate boards donate $20,000 to support Red Cross disaster relief efforts
Tuesday, November 23, 2021
BC hasn't seen a disaster on this level before. We had to help.
Economics
Metro Vancouver Jobs Report October 2021
Tuesday, November 16, 2021
Positive employment trends, like falling unemployment and an increase in higher earning jobs, support rising housing demand, according to the Metro Vancouver Jobs Report published by REBGV Economist Keith Stewart.
Economics
REBGV Q3 2021 Housing Overview – Interest rate trends
Wednesday, November 10, 2021
Will low rates continue or start to rise?
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.
Economics
REBGV Q3 2021 Housing Overview
Thursday, September 16, 2021
Read this report that takes stock of what has happened in Metro Vancouver’s housing market within the pandemic and what we can expect in the months ahead.
Community
REALTORS Care® Shelter Drive raises $15,000 for housing charities during pandemic
Thursday, July 22, 2021
The REALTORS Care® Shelter Drive raised $15,000 for three housing charities in Metro Vancouver over a challenging year during the pandemic.
Community
REBGV donates $10,000 to Lytton fire relief
Tuesday, July 13, 2021
In response to the Lytton wildfire, REBGV donated $10,000 to the Red Cross BC Fires Appeal.
Community
Vancouver REALTOR® honoured for commitment to community causes
Wednesday, June 23, 2021
The Real Estate Board of Greater Vancouver recognised REALTOR® Michelle Porter with the REALTORS Care® Award for her volunteer work with charities in Metro Vancouver.
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.
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.
Fact Sheets
Cannabis fact sheet
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.
Fact Sheets
Heritage Homes fact sheet
Wednesday, March 17, 2021
If a home is more than 60 years old, home owners may refer to it as having character merit or as “heritage”, regardless of how well it has been preserved or how much it has been altered over the years.
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.
Fact Sheets
Tree protection bylaws and policies for private property owners
Wednesday, January 27, 2021
Many local governments in Greater Vancouver have a bylaw or policy addressing tree removal, retention, pruning and damage on private property. This fact sheet is an overview.
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.
Community
REALTORS® raise over $350,000 to help refugees settle in Metro Vancouver
Tuesday, October 6, 2020
Local REALTORS® Vern Jurovich, Andrew Leong, Steven Thom, and their office helped raise $350,000 for refugees in Metro Vancouver.
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.
Community
Coquitlam REALTOR® recognized as a leader, mentor, and trailblazer in the profession
Monday, August 31, 2020
The Real Estate Board of Greater Vancouver honoured REALTOR® Rosemary Barnes with the Professional Excellence Award on August 27.
Community
Maple Ridge REALTOR® honoured for her life-saving act of kindness
Friday, August 28, 2020
The Real Estate Board of Greater Vancouver honoured REALTOR® Debi Pearce with a REALTORS Care® Award this week for her decision to help the son of a client by donating a kidney.
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.
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 .
Community
REALTORS Care®: Delivering nourishment to those in need
Tuesday, June 30, 2020
REALTORS ® have helped their communities in many ways during the pandemic, including helping those in need access food.
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. 
Legislation & Regulations
What’s happening in BC’s strata insurance market?
Thursday, June 18, 2020
The BC Financial Services Authority found strata insurance premiums rose by about 40 per cent, with deductibles seeing triple digit increases.
Editorial
REBGV joins #DifferentTogether anti-racism campaign
Monday, June 8, 2020
REBGV and the nearly 14,000 REALTORS® it represents, has joined Lieutenant Governor Janet Austin’s #DifferentTogether anti-racism campaign.
Legislation & Regulations
Stratas must allow pets in some circumstances
Thursday, May 14, 2020
If a strata property owner, or one of their family members, requires a support pet, a strata corporation must accommodate them.
Editorial
Real estate board instates Colette Gerber as 2020/2021 Chair
Friday, May 8, 2020
Metro Vancouver REALTOR® Colette Gerber begins her one-year term as Chair of the REBGV Board of Directors.
Fact Sheets
Property Transfer Tax fact sheet
Friday, May 1, 2020
The Property Transfer Tax (PTT) is a land registration tax paid by a home buyer when a title is registered at the Land Title Survey Authority. Learn how much PTT you need to pay.
Community
Metro Vancouver REALTORS® lend helping hand during pandemic
Wednesday, April 29, 2020
These are unusual times for all of us and many Metro Vancouverites are facing unprecedented hardship.
Community
Maple Ridge REALTOR® honoured with national award for charitable work
Friday, April 24, 2020
Ron Antalek has been honoured with the Canadian REALTORS Care® Award for his outstanding contributions to his community of Maple Ridge.
Legislation & Regulations
Affordable housing a priority in Throne speech
Tuesday, February 11, 2020
In today’s Throne Speech, the BC government, building on it’s housing plan, promises to continue working to fix the housing crisis by building housing for people of all incomes, from people experiencing homelessness to middle-income families.
Community
The 25th annual REALTORS Care® Blanket Drive helps keep 40,000 people warm
Thursday, December 19, 2019
More than 40,000 Lower Mainland residents have received blankets and warm clothing this month thanks to donations collected during the 25th annual REALTORS Care® Blanket Drive.
Community
Real Estate Board of Greater Vancouver surprises five local charities with holiday donations
Wednesday, December 18, 2019
A group from REBGV surprised five local housing-related charities last week with holiday treats and $10,000 donations.
Legislation & Regulations
REALTORS® across Canada urge governments to reduce costs and remove barriers to home ownership
Thursday, September 12, 2019
REALTOR® associations from Canada’s largest real estate markets are calling on all levels of government to take meaningful action to make home ownership more accessible.
Community
REALTORS Care® Shelter Drive assists Greater Vancouver housing charities
Tuesday, June 18, 2019
The REALTORS® of Greater Vancouver raised funds over the past year for three housing-related charities in the region as part of the REALTORS Care® Shelter Drive.
Community
Local REALTORS® provide meaningful mentorship to at-risk youth
Tuesday, May 28, 2019
Phil Moore, Tom Everitt, Alice Wu, and John Patricelli are serious about inspiring at-risk youth to make positive choices in their lives.
Legislation & Regulations
What is the beneficial ownership registry and how will it work?
Wednesday, May 22, 2019
Property owners can no longer anonymously list companies, trusts, and partnerships. New provincial legislation establishes Canada’s first public registry of beneficial owners of BC property, and has new disclosure requirements.
Editorial
Real Estate Board of Greater Vancouver issues statement on government reports on money laundering
Thursday, May 9, 2019
The BC government released reports today on the findings of two examinations into potential money laundering activities in the real estate market. Real Estate of Board of Greater Vancouver President Ashley Smith issued the following statement on the findings of these investigations.
Community
REALTOR® donates kidney to clients’ son
Tuesday, April 30, 2019
Debi Pearce, a 16-year REALTOR® with Royal LePage Brookside Realty in Maple Ridge, recently underwent a journey of personal transformation in order to prepare to donate one of her kidneys to the son of one of her clients.
Editorial
Real estate industry partners create anti-money laundering recommendations for government
Monday, April 15, 2019
The Real Estate Board of Greater Vancouver partnered with other organizations to submit joint recommendations to the provincial and federal governments on April 15, 2019 on how to strengthen anti-money laundering measures in our province.
Community
Tri-Cities REALTOR® awarded profession’s highest honour
Monday, April 8, 2019
The Real Estate Board of Greater Vancouver (REBGV) awarded REALTOR® and business owner Josh Bath the Professional Excellence Award on April 5.
Community
Port Coquitlam REALTOR® honoured for commitment to community causes
Monday, April 8, 2019
The Real Estate Board of Greater Vancouver (REBGV) awarded REALTOR® Jody Squires the 2018 REALTORS Care® award for his tireless fundraising and charitable efforts.
History
Memorable members: "Budge" Bell-Irving
Thursday, April 4, 2019
Henry Pybus (H.P.) “Budge” Bell-Irving was one of our most storied members. In addition to the significant contributions he made to the Real Estate Board of Greater Vancouver and the industry, he accomplished much outside of the profession.
Legislation & Regulations
Federal budget 2019 – new initiatives for home buyers
Wednesday, March 20, 2019
Federal Budget 2019 includes initiatives for first-time buyers, renters and measures to prevent tax non-compliance and money laundering.
Editorial
Real estate board instates Ashley Smith as 2019/2020 president
Thursday, March 14, 2019
The Real Estate Board of Greater Vancouver (REBGV) would like to introduce REALTOR® Ashley Smith as its 2019/2020 president.
Editorial
REBGV marks 100 years of service and innovation
Wednesday, March 13, 2019
It’s official—the Real Estate Board of Greater Vancouver turned 100 on March 13! To mark this momentous occasion, we produced a video that celebrates our past while looking toward the future.
Legislation & Regulations
BC launches first-of-a kind pre-sale condo registry
Thursday, March 7, 2019
A new Condo and Strata Assignment Integrity Register (CSAIR) has been introduced by the BC Ministry of Finance to track condominium pre-sales throughout the province.