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Market Insights Video
January 2024 Market Insights
Thursday, February 8, 2024
Conditions in January began shifting back in favour of sellers as the pace of newly listed properties didn't keep up with home sales. (2:33 minute video)
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 Insights Video
December 2023 Market Insights
Tuesday, January 9, 2024
Housing market ends 2023 with a balanced market, but totals mask surprising resilience despite highest borrowing costs in over a decade. (2:27 minute video)
Urban Planning
Building homes faster and cheaper with ready-made designs
Wednesday, December 13, 2023
The BC government plans to create up to 10 standardized home designs inspired by the Vancouver Special. (2 minute read)
Market Insights Video
November 2023 Market Insights
Monday, December 11, 2023
A steady increase in housing inventory offers home buyers among the largest selection to choose from since 2021. (2:19 minute video)
Market Insights Video
October 2023 Market Insights
Tuesday, November 7, 2023
Increase in newly listed properties providing more choice to home buyers, but sales remain below long-term averages.
Market Insights Video
September 2023 Market Insights
Tuesday, October 10, 2023
Due to an increase in the number of homes listed and higher mortgage rates, prices gains have slowed.
Urban Planning
Vancouver allows up to eight units on single family lots
Monday, September 25, 2023
The change aims to address the housing crisis and simplify zoning regulations. (2 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)
Market Insights Video
August 2023 Market Insights
Wednesday, September 6, 2023
Higher borrowing costs begin to affect the housing market, with price gains cooling and sales slowing along the typical seasonal pattern. (2:25 minute video)
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)
Market Insights Video
July 2023 Market Insights
Tuesday, August 8, 2023
Home prices for all home types rose again as strong sales push up against low housing inventory. (2:22 minute video)
Market Insights Video
June 2023 Market Insights
Wednesday, July 12, 2023
The benchmark price for all home types increases again this month as buyers vie for a limited number of homes for sale.
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)
Urban Planning
What well-designed density looks like: Southlands in Tsawwassen
Monday, June 19, 2023
This area demonstrates a new model of well-designed density through innovative practices. (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)
Urban Planning
BC government identifies 47 municipalities that must densify
Friday, June 9, 2023
The identified municipalities must address local barriers to construction and update zoning bylaws. (2 minute read)
Market Insights Video
May 2023 Market Insights
Thursday, June 8, 2023
The housing market is showing signs of heating up as summer arrives, with prices increasing for the sixth consecutive month.
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)
Urban Planning
Disaster funding for flooding makes local communities safer
Thursday, May 11, 2023
Learn more about initiatives to mitigate flood damage and assess flood risks around Greater Vancouver. (3 minute read)
Market Insights Video
April 2023 Market Insights
Thursday, May 4, 2023
With listing activity remaining below historical norms, home sales in Metro Vancouver have mounted a surprising comeback. (1 minute read, 2:14 minute video)
Working with a REALTOR®
What’s the Disclosure form that REALTORS® are asking you to sign?
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)
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)
Market Insights Video
March 2023 Market Insights
Wednesday, April 12, 2023
Home prices showed modest increases in March, while new listings remained below long-term historical averages. (1 minute read, 2:24 video)
Market Insights Video
February 2023 Market Insights
Wednesday, March 8, 2023
Below average home sales allow inventory to inch upwards. (2:13 video)
Market Insights Video
January 2023 Market Insights
Friday, February 10, 2023
Home sales decline below long-term averages and inventory remains low. (2:09 video)
Market Insights Video
December 2022 Market Insights
Monday, January 9, 2023
Rising mortgage rates brought uncertainty and caution in 2022 to Metro Vancouver housing markets. (2:28 minute video)
Market Insights Video
November 2022 Market Insights
Tuesday, December 6, 2022
While typically a quiet month of market activity, November home sale and listing totals lagged below long-term averages.
Market Insights Video
October 2022 Market Insights
Monday, November 7, 2022
Home sale activity continued to trend well below historical averages in October. (2:21 video)
Market Insights Video
September 2022 Market Insights
Tuesday, October 11, 2022
Metro Vancouver saw more home sellers and fewer buyers in September. (Video 2:20 minutes)
Market Insights Video
August 2022 Market Insights
Thursday, September 8, 2022
Metro Vancouver’s housing market is experiencing a quieter summer season marked by reduced sale and listing activity. (2:16 minute video)
Urban Planning
Council passes Vancouver Plan
Tuesday, August 16, 2022
The plan promises new densification to accommodate 260,000 new residents and 210,000 new jobs. (1 minute read)
Market Insights Video
July 2022 Market Insights
Monday, August 8, 2022
REBGV Chair Daniel John discusses how home buyer demand continues to ease across Metro Vancouver.
Market Insights Video
June 2022 Market Insights
Tuesday, July 5, 2022
REBGV Chair Daniel John discusses how the marketplace is changing with increasing interest rates and housing supply.
Urban Planning
Broadway Plan approved: 30,000 new homes coming
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)
Market Insights Video
May 2022 Market Insights
Wednesday, June 8, 2022
After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro Vancouver this spring.
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 Insights Video
April 2022 Market Insights
Friday, May 6, 2022
Home buyer demand in Metro Vancouver returned to more historically typical levels in April.
Market Insights Video
March 2022 Market Insights
Tuesday, April 12, 2022
While down from last year, home sale activity in Metro Vancouver remained elevated in March. (2:47 video)
Market Insights Video
February 2022 Market Insights
Wednesday, March 9, 2022
Listings inch up, demand remains steady and price gains continue in Metro Vancouver’s housing market in February. (2:25 video)
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)
Urban Planning
Fee simple row houses offer gentle, more affordable density
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
Vancouver pilot program to permit six units on a detached lot
Monday, February 14, 2022
The City of Vancouver is starting a pilot program to streamline densification on single-family lots. (3 minute read)
Market Insights Video
January 2022 Market Insights
Tuesday, February 8, 2022
Low supply keeps upward pressure on home prices across Metro Vancouver.
Market Insights Video
December 2021 Market Insights
Tuesday, January 11, 2022
Metro Vancouver home sales set a record in 2021.
Market Insights Video
November 2021 Market Insights
Friday, December 10, 2021
Home sales activity remains up, listings down across Metro Vancouver’s housing market.
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 Insights Video
October 2021 Market Insights
Monday, November 8, 2021
Home sale activity in Metro Vancouver remained above historical averages in October while the overall supply of homes for sale dipped to levels not seen in three years.
Urban Planning
Redevelopment plan for False Creek South headed to Council
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.
Market Insights Video
September 2021 Market Insights
Friday, October 8, 2021
Elevated home sale activity continues to outstrip supply of homes for sale in Metro Vancouver.
Market Insights Video
August 2021 Market Insights
Thursday, September 9, 2021
While home buyers have remained active in Metro Vancouver throughout the summer, the supply of homes for sale has declined steadily since June.
Market Insights Video
July 2021 Market Insights
Wednesday, August 11, 2021
Metro Vancouver’s housing market saw steady sales, reduced listings, and virtually unchanged home prices in July.
Urban Planning
Two dwellings to be permitted on ALR farmland with conditions
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.
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.
Market Insights Video
June 2021 Market Insights
Friday, July 9, 2021
Metro Vancouver’s housing market continued its strong seller’s market conditions, but the intensity of demand slowed.
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 Insights Video
May 2021 Market Insights
Wednesday, June 9, 2021
Home sale and listing activity in Metro Vancouver moves off of its record-breaking pace.
Market Insights Video
April 2021 Market Insights
Friday, May 7, 2021
Supply response emerges in Metro Vancouver’s active housing market.
Market Insights Video
March 2021 Market Insights
Tuesday, April 13, 2021
March home sales and new listings set records in Metro Vancouver.
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.
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 Insights Video
February 2021 Market Insights
Monday, March 8, 2021
Home buyer competition intensifies across Metro Vancouver’s housing market.
Market Insights Video
January 2021 Market Insights
Friday, February 5, 2021
Home buyer demand remains elevated across Metro Vancouver.
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 Insights Video
December 2020 Market Insights
Wednesday, January 13, 2021
Metro Vancouver housing market shows resilience in 2020.
Working with a REALTOR®
What is the MLS® and how does it benefit you?
Monday, December 28, 2020
The Multiple Listing Service® (MLS®), owned and operated by REALTORS®, is the most powerful real estate marketing system in the country.
Market Insights Video
November 2020 Market Insights
Monday, December 14, 2020
Housing demand in Metro Vancouver continues to outpace historical averages with November sales eclipsing 3,000 for the first time since 2015.
Market Insights Video
October 2020 Market Insights
Monday, November 9, 2020
Home sale and new listing activity remained at near record levels across Metro Vancouver in October.
Urban Planning
Provincial parties' housing policy platforms
Friday, October 16, 2020
Here are solutions offered by the three main parties as well as the BC Conservative Party which makes substantive housing related recommendations.
Market Insights Video
September 2020 Market Insights
Friday, October 9, 2020
Metro Vancouver home sales and listings surge in September.
Urban Planning
Affordable market housing proposal defeated
Thursday, October 8, 2020
If you have a household income under $120,000 and want to buy a home in Vancouver, a new proposal from the city – had it passed – might’ve interested you.
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.
Urban Planning
REALTORS® learn about the future of green homes at the PNE Prize Home
Thursday, September 24, 2020
Green homes are the future. By 2032 all new homes in BC will have to be up to 80 per cent more energy efficient than today.
Urban Planning
Innovation Series: Housing supply and affordability with UDI
Wednesday, September 16, 2020
Urban Development Institute (UDI) CEO Anne McMullin discusses the trends affecting housing supply and affordability in Metro Vancouver.
Market Insights Video
August 2020 Market Insights
Thursday, September 10, 2020
Home sale and listing activity continues to increase in August.
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 Insights Video
July 2020 Market Insights
Wednesday, August 12, 2020
Metro Vancouver housing market sees steady summer activity.
Market Insights Video
June 2020 Market Insights
Tuesday, July 14, 2020
Steady increases in home sale and listing activity continue in June.
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 Insights Video
May 2020 Market Insights
Monday, June 8, 2020
Metro Vancouver home prices have remained steady since provincial health officials implemented physical distancing requirements in March.
Market Insights Video
April 2020 Market Insights
Tuesday, May 12, 2020
Home sales and listings were down amid COVID-19.
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 Insights Video
March 2020 Market Insights
Tuesday, April 7, 2020
Metro Vancouver’s housing market saw steady home buyer demand to begin March and a levelling off of activity as the month went on as concerns about COVID-19 intensified.
Market Insights Video
February 2020 Market Insights
Tuesday, March 10, 2020
February saw steady home buyer demand and reduced home seller supply across Metro Vancouver.
Market Insights Video
January 2020 Market Insights
Tuesday, February 11, 2020
Home buyer demand increased in January compared to this time last year while the supply of homes listed declined below historical averages in Metro Vancouver.
Market Insights Video
December 2019 Market Insights
Friday, January 10, 2020
The Metro Vancouver housing market experienced below average sales activity and moderate price declines in 2019.