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Taxes
What you need to know about BC's Speculation and Vacancy Tax
Friday, January 26, 2024
Detailed information about BC's SVT and property exemptions. (4 minute read)
Market Trends
Increased costs contribute to reduced sales, dollar values across commercial market
Monday, September 18, 2023
Slower activity marked the second quarter of the commercial real estate market in the Lower Mainland. (1 minute read)
Taxes
Will I have to pay capital gains when I sell my house?
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
Why do I have to pay property taxes on the house I’m buying?
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.
Taxes
Empty Homes Tax put to good use – Vancouver creates affordable housing
Thursday, August 24, 2023
Affordable housing projects in Vancouver received grants worth over $8.7 million, partially from Vancouver’s EHT. (1 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)
Taxes
Putting Property Transfer Tax revenue to work
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)
Taxes
BC speculation and vacancy tax expanded to Lions Bay, Squamish
Monday, June 12, 2023
Home owners in these newly taxable areas will need to declare in 2024. (2 minute read)
Taxes
Property taxes 101
Monday, June 5, 2023
Save money on your prooperty taxes with the Home Owner Grant. The threshold has recently increased. (3 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)
Home Selling
Can I cancel a listing contract, a buyer agency or an exclusive?
Tuesday, April 18, 2023
Contracts can only be cancelled with the mutual consent of the parties involved. (3 minute read)
Home Selling
How does a REALTOR® establish the selling price of my house?
Wednesday, March 8, 2023
To attract buyers and ensure you receive a price that works best for you, your Realtor will help establish your home’s current market value.
Market Trends
Lower Mainland’s commercial real estate sees fewer transactions in Q2
Thursday, September 15, 2022
Activity in the commercial real estate market edged down from the brisker pace experienced at the start of the year. (2 minute read)
Home Selling
Historical home sale prices in Metro Vancouver are now available on REALTOR.ca
Tuesday, September 13, 2022
You can now find historical home sale prices on REALTOR.ca for homes actively listed for sale. (2 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)
Market Trends
CMHC estimates 3.5 million new affordable homes needed
Tuesday, July 19, 2022
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)
Market Trends
Lower Mainland’s commercial real estate market begins 2022 with steady sales and higher prices
Thursday, June 23, 2022
A steady start to the 2022 commercial real estate market. (2 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)
Market Trends
CMHC report finds lack of supply main cause of unaffordable housing
Friday, May 13, 2022
A recent CMHC report determined housing supply is the main factor behind unaffordability in Canada. (1 minute read)
Market Trends
What does first quarter activity say about Metro Vancouver’s housing market in 2022?
Thursday, March 3, 2022
REBGV Economist Keith Stewart projects what home sale, listing, and price activity you can expect in 2022. (1 minute read)
Taxes
No SVT exemption for owners of vacant stratas
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)
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.
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.
Market Trends
How many Metro Vancouver properties are purchased by foreign buyers?
Wednesday, September 1, 2021
Check out the impact on Metro Vancouver's real estate market.
Market Trends
What's the difference between a buyer's and seller's market?
Tuesday, August 31, 2021
Several factors influence the housing market which then influences supply and demand.
Market Trends
REBGV economist discusses the market, COVID-19's effects, and the state of the recovery
Friday, August 13, 2021
Keith Stewart, REBGV economist, highlights the market effects of the COVID-19 pandemic in Metro Vancouver.
Market Trends
Home sales and new listings on par with historic average
Monday, July 26, 2021
While still firmly in seller's market conditions, home sale and listing activity has eased from the record-setting pace of the spring.
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.
Market Trends
Regulators advise home buyers, sellers to understand potential risks of a busy market
Friday, April 16, 2021
In an active market, seeking professional advice from a Realtor is more important than ever.
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.
Market Trends
Largest year-over-year price increases
Tuesday, March 23, 2021
The five areas in our region with the largest year-over-year price increases might surprise you.
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.
Market Trends
Buying or selling in a busy market? Here’s how you can make the transaction easier
Tuesday, March 9, 2021
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.
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.
Market Trends
What Metro Vancouver's strong housing market looked like in 2020
Tuesday, January 19, 2021
This is what Metro Vancouver's strong housing market looked like in 2020.
Market Trends
Metro Vancouver real estate generated $2.1 billion for BC's economy in 2020
Thursday, January 14, 2021
Economic spin-off activity and creating an estimated 14,728 jobs resulted from real estate sales in 2020.
Market Trends
How did COVID-19 affect Metro Vancouver home buyer demand in 2020?
Thursday, December 17, 2020
Demand is typically seasonal in the metro Vancouver housing market. Activity tends to peak in the spring and fall.
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.
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.
Market Trends
Innovation Series: Watch our video interview with BCREA Economist Brendon Ogmundson
Thursday, July 9, 2020
Brendon discusses the long-term impact of COVID-19 on the real estate market.
Home Selling
Curb appeal - 6 ways to improve your home's resale value
Monday, July 6, 2020
Find out how to make the curb appeal of your home more attractive to buyers.
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.
Market Trends
 Three questions with BCREA Economist Brendon Ogmundson
Wednesday, June 24, 2020
The arrival of COVID-19 slowed the housing market, leading some to suggest home prices will decline longer term. Are they right?
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.
Market Trends
Why have Vancouver’s housing prices remained stable during the pandemic?
Friday, June 5, 2020
The COVID-19 pandemic has reduced activity in Metro Vancouver’s housing market since mid-March, but home prices have remained steady throughout the last 12 months.
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.
Market Trends
Housing supply becoming constrained in Metro Vancouver
Thursday, January 30, 2020
Demand is beginning to outpace the supply of new homes coming on to the market in Metro Vancouver.
Market Trends
What does Metro Vancouver's inventory look like?
Wednesday, January 15, 2020
While Metro Vancouver’s housing market experienced an uptick in sales to end the year, despite below-average sales activity in 2019, the number of homes available for sale in the region is declining.
Market Trends
What can you expect from Vancouver's 2020 housing market?
Wednesday, January 8, 2020
REBGV President Ashley Smith recently joined CTV Morning Live to share her insights on what to expect in Metro Vancouver's housing market in 2020.
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.
Market Trends
Commercial real estate activity remains below the pace of recent years
Friday, December 13, 2019
Sales activity in the Lower Mainland’s commercial real estate market continued to decline in the third quarter (Q3) of 2019 compared to recent years.
Market Trends
Commercial real estate sales down from last year’s pace
Friday, September 13, 2019
Sales activity in the Lower Mainland’s commercial real estate market declined in Q2 2019 compared to the more active market experienced in the region last year.
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.
Market Trends
Fewer commercial real estate sales to start 2019
Tuesday, June 18, 2019
Commercial real estate sales in the Lower Mainland declined in the first quarter (Q1) of 2019 compared to the active market experienced across the region last year.
Market Trends
What does Metro Vancouver’s housing supply look like?
Monday, June 17, 2019
In the past few years, Metro Vancouver’s housing market was woefully undersupplied, putting pressure on home buyers and increasing home prices. This trend, however, is reversing.
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.
Market Trends
Millennials are staying in Vancouver, according to report
Monday, May 27, 2019
Despite anecdotal reports, there’s no evidence millennials aged 20 to 34 are leaving Vancouver because of high housing costs according to a new study from RBC Economic Research.
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.
Market Trends
Demand for commercial real estate declines in 2018
Wednesday, March 20, 2019
The commercial real estate market in the Lower Mainland saw fewer sales and lower dollar volumes in 2018 compared to recent years.
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.
Community
Over $30K raised at REBGV events in 2018
Friday, January 18, 2019
Each year, Realtors host activities such as golf tournaments, Christmas parties, and professional events from which the fundraising proceeds are distributed to local charities.
Community
REALTORS Care® Blanket Drive donations will help 39,000 keep warm this winter
Friday, December 21, 2018
More than 39,000 Lower Mainland residents will receive blankets and warm clothing this winter from donations collected during the 24th annual REALTORS Care® Blanket Drive.
Editorial
Hiring the right REALTOR® is an important first step in today’s real estate market
Saturday, December 15, 2018
Navigating Metro Vancouver’s housing market can feel daunting, especially when market conditions are changing.
Community
REALTORS Care® Blanket Drive supports inclusive women’s housing project
Friday, December 14, 2018
The 24th annual REALTORS Care® Blanket Drive supports local housing projects like the Budzey, a unique social housing project run by RainCity that supports women and women-run families.
Market Trends
What would it take to get more affordable townhomes to market?
Wednesday, December 12, 2018
If a developer buys land to build affordable townhomes in Metro Vancouver, how long will it take before we see “for sale” signs?
Market Trends
MLS® Home Price Index methodology
Wednesday, December 12, 2018
The MLS® HPI is designed to be a reliable, consistent, and timely way of measuring changes in home prices.
Market Trends
MLS® Home Price Index explained
Wednesday, December 12, 2018
The MLS® HPI is a measure of real estate prices that provides a clearer picture of market trends over traditional tools such as mean or median average prices.
Market Trends
Economists agree benchmark prices are the most accurate
Wednesday, December 12, 2018
The MLS® HPI is the best and purest way to gauge home price trends.
Community
Donation helps at-risk youth
Thursday, May 31, 2018
Real estate lawyer makes donation to Camp Choice BC, a program teaching at-risk youth to become leaders, achieve their goals, and live positive lives.
Community
West Vancouver REALTOR® awarded profession’s highest honour
Friday, March 16, 2018
Calvin Lindberg has been a fixture of leadership in the real estate profession at every level throughout his career, from local to international organisations.
Taxes
All you need to know about Vancouver's Empty Homes Tax
Thursday, January 11, 2018
Each home owner will have received a property status declaration from the City to determine if their property is subject to the Empty Homes Tax.
Community
REALTORS® raise $154,000 and counting for wildfire victims
Thursday, August 10, 2017
REALTORS® across the country have so far raised over $154,000 for the Red Cross BC Fires Appeal to support the communities affected by the ongoing wildfires in BC.
Community
REBGV member donates $21.4 million
Monday, December 2, 2013
William PJ McCarthy, a long-time member of the Real Estate Board of Greater Vancouver, made the single largest charitable bequest to a sole beneficiary in BC’s history.