Skip to main content
Legislation & Regulations
Land Act amendments on hold
Monday, February 26, 2024
The government's proposed land-sharing agreement with First Nations groups will undergo further consultation. (2 minute read)
Legislation & Regulations
BC government announces PTT changes, flipping tax in new budget
Monday, February 26, 2024
Here's a summary of the new housing measures in the BC budget announced on February 22, 2024.
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)
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)
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)
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)
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)
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)
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)
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)
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)
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.
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)
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)
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)
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)
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.
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)
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)
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.
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.
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.
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.
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.
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.