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The Bulletin (August 2010)
The Bulletin is BCREA's quarterly newsletter, featuring real estate news from a provincial perspective. In this issue:
- BCREA Spring Survey: REALTORŪ Feedback
- President's Report: Leadership
- New Version of Condominium Manual Available to Order
- ACRE's Competition Law and REALTORSŪ Course
- The Armchair Analyst: Components of Population Growth
- Financial Clauses
Read the issue here. For an email subscription to The Bulletin, click here.
Legally Speaking (August 2010)
Legally Speaking is an essential newsletter, published eight times a year, for all professionals involved in real estate transactions. In this issue:
Features: Edward L. Wilson - Collapsed Sale – Remarketing and Reasonable Mitigation
Read the issue here. For an email subscription to Legally Speaking, click here.
Housing Market Update Video Podcast (August 2010)
Watch BCREA Chief Economist Cameron Muir discuss the July 2010 statistics and an in depth look at the Vancouver Island Real Estate Board, click here.
Home Buyers in the Driver's Seat
BCREA reports that MLS® residential sales in the province declined 42 per
cent to 5,784 units in July compared to the same month last year . . . more >>
BC Home Sales to Rise in 2011
In its 2010 Third Quarter Housing Forecast, BCREA reported that BC Multiple Listing Service® residential sales are forecast to decline 7 per cent from 85,028 units in 2009 to 79,500 units this year, before increasing 5 per cent to 83,400 units in 2011.
Read the full 2010 Third Quarter Housing Forecast for information about how a slower than expected normalization
of interest rates will temper
erosion of affordability as economic
output posts more moderate growth
for the balance of this year and
through 2011. Stronger corporate
profits are triggering
employment growth and a
reduction in the unemployment
rate is now underway.
Q2 Market Trends
The latest data on sales to active listings, average prices and unit sales . . . more>>
BCREA releases Mortgage Rate Forecast (July 2010)
In the spring of 2010, a fiscal crisis in many debt-laden European countries spawned heightened financial market uncertainty and pessimism about the nascent global economic recovery. . . more >>
Connections: Advocacy News from the British Columbia Real Estate Association (May 2010)
Connections: Advocacy News from the British Columbia Real Estate Association is BCREA's quarterly newsletter, featuring
advocacy news, focusing on BCREA's government relations activities. In this issue:
- Shelter Taxes and Fairness
- Advancing Residential and Investment Property Ownership
- Modernizing BC's Water Act
- Pension System Review
Read the issue here. For an email subscription to Connections: Advocacy News from the British Columbia Real Estate Association, click here.
New BC Real Estate Association President and Board of Directors
BCREA is pleased to announce that Moss Moloney, a Delta REALTORŪ and former President of the Fraser Valley Real Estate Board, has been elected as its 2010-2011 President.
Read the news release here.
BC Real Estate Association Encourages Housing Affordability: Urges Government to Reduce Shelter Taxes
BCREA is in Victoria this week to highlight to the Government of British Columbia that, with the highest home ownership costs in the country, BC is at a competitive disadvantage to attract skilled labour and professionals to the province.
Read the news release here.
New BC Survey Suggests Real Estate Purchase Confidence Improving
A new survey of BC homeowners and renters on housing affordability and green housing issues suggests consumer confidence concerning real estate purchases may be improving.
CHBA BC's The Future of Housing Conference
Join CHBA BC in discussing the future of housing as an ongoing economic driver of British Columbia at this upcoming conference. If you are a builder, developer, sales professional, renovator, government official, architect, building official, manufacturer or supplier, then this conference is for you.
Survey on Affordability and Green Housing Reveals BC Trends
A survey of homeowners and renters across BC suggests that, when it comes to housing, affordability concerns and making smart green choices are top of mind for most BC residents.
Read the news release here.
Home Inspector Licensing Good for Consumers
BCREA is pleased with the BC Government’s recent announcement to license home inspectors, effective March 31, 2009.
Read the news release here.
Tool Helps Homebuyers Navigate Presales
The Presale Cross Reference List draws attention to important information unique to multifamily residential units under development, also known as presales.
An understanding of the issues specific to presales provides buyers with a starting point to determine whether further enquiries, professional advice or clarification are needed. Buyers unfamiliar with such transactions may need extensive consultation with knowledgeable REALTORS® or other professionals experienced with presale investments.
BCREA, the Canadian Home Builders’ Association of BC and the Urban Development Institute are proud to present the Presale Cross Reference List.
Presale Cross Reference List
News release about the Presale Cross Reference List .
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