Mar 29, 2021
While B.C. real estate companies are still navigating the impacts of the COVID-19 pandemic, this is an ideal time to reflect on lessons learned so far.
Mar 02, 2021
Canadian mortgage rates are beginning to inch higher for the first time since before the COVID-19 crisis, reflecting the spike in long-term bond yields....
Jan 13, 2021
Home sales are expected to continue to be strong in B.C. this year, and prices are expected to go up as supply remains low, according to a report Wednesday from the B.C. Real Estate Association.
The Vancouver Sun
Dec 06, 2020
A test of resilience for long-standing B.C. Markets
Buckle up in your bubble, as we head into the last month of 2020 and down the rabbit hole of stagnating provincial health policies. The B.C. Health Authority has again enacted the “essential only travel policy”...
Nov 20, 2020
Canadian Real Estate Prices To Fall Up To 26%: Bay Street Firm Institutions
Canadian real estate prices may take a big tumble, Bay Street researchers warn. Veritas Investment Research, a prominent Canadian firm, sent institutional clients a real estate forecast. The firm warned real estate price declines are unlikely
Nov 12, 2020
BCREA would like to remind REALTORS® to continue to use virtual tools when possible to market, show and view properties, to limit face-to-face interactions, and to follow the safer showings guidelines released
Nov 05, 2020
The regulatory agencies overseeing real estate professionals in BC and the provincial association representing REALTORS® are calling on real estate professionals across the province to protect public health...
Oct 15, 2020
Canada’s housing market has come racing out of the pandemic lockdowns this spring, setting a third consecutive monthly record for home sales in September.
The association says September home sales were up 45.6 per cent
Sep 15, 2020
Today, the Office of the Superintendent of Real Estate (OSRE) and the Real Estate Council of BC (RECBC) are opening a consultation on proposed changes to administrative penalties.
Sep 07, 2020
These protocols are for those providing services related to real estate, including real estate professionals and home inspectors. These employers may also benefit from reviewing protocols related
Aug 27, 2020
The British Columbia Real Estate Association (BCREA) released its 2020 Third Quarter Housing Forecast Update today. Multiple Listing Service (MLS) residential sales in the province are forecast to rise 6.5 per cent to 82,380
Aug 10, 2020
A strong surge in the price of Canada's most desirable houses seems to fly in the face of an economy facing a record wave of bankruptcies and a sharp loss in jobs. But as we try to disentangle the complexities
Aug 07, 2020
Last week, Prime Minister Justin Trudeau announced the federal government’s upcoming plans for two of the financial support programs currently available to Canadians and Canadian businesses.
July 09, 2020
It's not business as usual, it's not a return to normal, the real estate industry says, but open houses are coming back to B.C.'s real estate sector.
The British Columbia Real Estate Association, the Real Estate Council of British Columbia, the Office of the Superintendent of Real Estate and WorkSafeBC
July 08, 2020
The British Columbia Real Estate Association (BCREA), the Real Estate Council of British Columbia, and the Office of the Superintendent of Real Estate, with support from WorkSafeBC,
May 20, 2020
The second phase of the province’s economic restart will look and feel a lot like the first for the real estate market according to the experts. While the province starts getting back to work...
May 14, 2020
At the start of the COVID-19 pandemic, real estate sales were identified as an essential service. However, many prospective home buyers and sellers became hesitant.
Two months later, it’s a different story.
BC Gov. News
May 07, 2020
Canadians are spending more time looking at properties on REALTOR.ca. During the week of March 9, visits to REALTOR.ca dropped by 30%; however, since April 12 traffic has crept back up by 14%....
April 27, 2020
The British Columbia Real Estate Association (BCREA), in collaboration with the provincial Standard Forms Committee, BC's 11 real estate boards and other stakeholders, has updated the Property Disclosure Statement...
April 23, 2020
Temporary relief is on the way for British Columbians whose ability to work has been affected by COVID-19, with applications for the $1,000 B.C. Emergency Benefit for Workers (BCEBW) opening on May 1, 2020...
BC Gov. News
April 22, 2020
The British Columbia Real Estate Association (BCREA) has created a new Standard Form, the Notice & Acknowledgement form, for use by REALTORS® during the COVID-19 pandemic...
April 20, 2020
A report from the B.C. Real Estate Association says the 2020 COVID-driven recession will be deep, although it could be shorter than other Canadian economic downturns...
April 16, 2020
On April 15, the Government of Canada broadened the Canada Emergency Response Benefit (CERB) criteria by allowing applicants to earn up to $1,000 in each four-week eligibility period...
April 15, 2020
Live Tours allow buyers to continue to view active real estate listings — and sellers to continue to have their homes seen — without anyone leaving the comfort of their own home...
Kamloops This Week
April 09, 2020
As COVID-19 continues to impact the way REALTORS® conduct business, virtual showings and living-streaming of open houses have become useful tools for Realtors looking to ...
April 09, 2020
(This post was updated on April 14 with new information on how REALTORS® qualify for CERB.)
Accessing CEWS & CREB...
April 07, 2020
While airlines and event venues were the first to be infected, many are anxious about how the virus will affect other parts of the economy, including the real estate market...
April 03, 2020
New data released by Google shows just how much British Columbians have stopped going to work, shops and transit stations, replacing those trips with staying home...
April 03, 2020
In anticipation of the issues REALTORS® would be facing, CREA began speaking to government departments and agencies early on about the protections needed to...
April 02, 2020
Metro Vancouver's housing market saw steady demand from people buying homes in March, but the small spike in sales was quickly flattened by COVID-19 concerns...
Updated: March 31, 2020
BC's Residential Tenancy Order (RTO), announced on March 25, is in effect as of March 30. This follows a week of intensive lobbying by BCREA and other stakeholders ...
March 26, 2020
Canada Emergency Response Benefit – What it means for REALTORS®
With the announcement of the newly created Canada Emergency Response Benefit (CERB) and associated eligibility criteria, the Canadian Real Estate Association (CREA) continues to work...