BCREA’s latest Market Intelligence report forecasts that two significant federal government policies– the Foreign Buyers Ban and record-high immigration targets– will shape housing demand in BC over the next three years.
Posts tagged with “Foreign Buyer Ban”
Economics Unprecedented Pace of Construction Needed to Offset the Impact of Record Immigration to BC 
Advocacy 2022 Advocacy Year-in-Review 
With 2022 now in the rear-view mirror, BCREA’s Government Relations department reflects on a busy and eventful year.
Advocacy Federal Foreign Buyers Ban is in Effect 
For a period of two years starting January 1, 2023, non-Canadians are banned from purchasing homes in Canada. Here’s what you need to know.
Advocacy Canada’s Foreign Buyer Ban Begins in January 
While REALTORS® owe their clients an obligation to inform about the act, it allows for penalties on any party found guilty of knowingly assisting a non-Canadian in violating the prohibition.
