On the heels of multiple government announcements in 2016 and early 2017, the BCREA welcomes the latest: an increase in the Property Transfer Tax exemption threshold for first-time buyers, announced in Budget 2017.
In its 2017 First Quarter Housing Forecast Update, BCREA reported that MLS® residential sales in the province are forecast to decline 14.1 per cent to
96,345 units this year, after reaching a record 112,209 units in 2016. . . more >>
Watch BCREA Chief Economist Cameron Muir discuss the January 2017 statistics:
BCREA reports that a total of 4,487 residential unit sales were recorded by the MLS® in January, down 23 per cent from the same period last year. . . more >> Legally Speaking
is an essential newsletter, published eight times a year, for all professionals involved in real estate transactions. In this issue: Features: Brian Taylor - Consequences for Breach of Fiduciary Duties
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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:
- Continued Focus on Housing Affordability
- Forecast 2017 with BCREA Resources
- Finding Solutions: A Forum on Properties Used in Drug Operations
Read the issue here. For an email subscription to Connections: Advocacy News from the British Columbia Real Estate Association, here.