The BCREA is the professional association for more than 23,000 REALTORS® in BC, focusing on provincial issues that impact real estate. Working with the province’s 11 real estate boards, BCREA provides continuing professional education, advocacy, economic research and standard forms to help REALTORS® provide value for their clients.

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June 15 Rule Changes

Legally Speaking (June 2018)

Legally Speaking is an essential newsletter, published eight times a year, for all professionals involved in real estate transactions. In this issue:
Features: Chris Johnston - Implied Agency: If It Quacks Like a Duck, It May Be a Duck!

Read the issue here. For an email subscription to Legally Speaking, click here.

Mortgage Rate Forecast (June 2018)

The Canadian mortgage market has seen substantial changes in the first six months of 2018, with mortgage credit both more expensive and more difficult to access. . . more >>   

AMENDED: New Rules to Profoundly Change How REALTORS® Work With Consumers

On June 15, 2018, changes to Rules under the Real Estate Services Act that dictate how REALTORS® work with consumers will come into effect. . . more >> 

Housing Market Update Video Webcast (June 2018) 

Watch BCREA Chief Economist Cameron Muir discuss the May 2018 statistics:

Mortgage Policy Changes Hit Affordability Hard

BCREA reports that a total of 8,837 residential unit sales were recorded by the MLS® across the province in May, a 28.7 per cent decrease from the same month last year. . . more >>

Commercial Leading Indicator (June 2018)

The BCREA CLI declined for the first time in three years, falling 1.5 points in the first quarter of 2018 to an index level of 134.2. That decrease represents a 1.1 per cent dip over the fourth quarter of 2017. . . more >>