-
Wildfires and Climate Change – The New Normal? #561
The escalating occurrence and intensity of wildfires, floods, heat domes, and atmospheric rivers in the region has significant implications for both REALTORS® and clients when it comes to real estate transactions.
Posted Jun 05, 2023
by Lisa Niro
-
Budget 2024 Consultation
BCREA presented an array of housing policy recommendations to the provincial Select Standing Committee on Finance and Government Services.
Posted Jun 02, 2023
by Mark Sakai
-
New Online Course Explores Suspicious Transactions in the Real Estate Sector
BCREA has released a new self-paced online course to enhance REALTORS®’ understanding of why fraud occurs in real estate and how it can be identified.
Posted Jun 02, 2023
by Bill Yu
-
New Video Helps Clients Understand the Disclosure of Referral Payment Form
BCREA has created a new video that goes into detail about what happens before a referral fee is paid, what a REALTOR®’s obligations are regarding referral fees, and the importance of the timing of disclosure.
Posted Jun 01, 2023
by Harveen Dhaliwal
-
Commercial Leading Indicator Flat in First Quarter 2023
In the fourth quarter of 2022, the BCREA Commercial Leading Indicator (CLI) dropped to 148 from 149, and the six-month moving average continued its downward trajectory.
Posted Jun 01, 2023
by Ryan McLaughlin
-
BCREA Nowcast
The BCREA Nowcast estimate of provincial economic growth (expressed as year-over-year growth in real GDP) for March is 2.4 per cent.
Posted May 31, 2023
by Brendon Ogmundson
-
Understanding Recent Changes to Age Restrictions in Strata Corporations
Learn more about how recent changes to age-restrictions in strata corporations may affect you.
Posted May 25, 2023
by Matt Mayers
-
Housing Monitor Dashboard
The BCREA Economics team has created the Housing Monitor Dashboard to help REALTORS® monitor BC’s housing market.
Posted May 25, 2023
by Ryan McLaughlin
-
A Brief Note on New Listings Activity in 2023
In this Market Intelligence, we show that the pattern of new listings we see is, in fact, a usual outcome of current market dynamics and underlying economic fundamentals.
Posted May 25, 2023
by Brendon Ogmundson
-
BC REALTORS® Advocate for More Thoughtful Housing Policymaking Process
This year, BC’s organized real estate sector collectively advocated for a more thoughtful housing policymaking process and increased missing middle housing options.
Posted May 17, 2023
by Brenna Friesen
-
Five Insurance Tips for Wildfire Season
BC’s wildfire season has gotten off to an early start and while there are some things homeowners can do to make their properties more wildfire-resilient, managing wildfire risk largely comes down to homeowner insurance.
Posted May 17, 2023
by Ivonne García
-
Resources to Help REALTORS® and Your Clients Navigate Extreme Climate
Be prepared for unexpected wildfires and flooding this season.
Posted May 16, 2023
by Ivonne García
-
Housing Market Update – May 2023
Watch BCREA Economist Brendon Ogmundson discuss the April 2023 statistics.
Posted May 16, 2023
by Brendon Ogmundson
-
Lack of Inventory Creating Tighter Market Conditions Across BC
BCREA reports that a total of 7,427 residential unit sales were recorded in MLS® systems in April 2023, a decrease of 17.7 per cent from April 2022.
Posted May 11, 2023
by Brendon Ogmundson
-
BCREA Hosts Government Liaison Days 2023 in Victoria
Next week, BCREA and representatives from each of BC’s eight real estate member boards will gather in Victoria for our annual Government Liaison Days conference.
Posted May 03, 2023
by Brenna Friesen
-
The Importance of Conversations on Mental Health
Mental health conversations are important, not only in professional settings but also on a personal level. Breaking the stigma around those discussions is the first step towards empathy and understanding.
Posted May 03, 2023
by Ivonne García
-
BCREA 2023 Second Quarter Housing Forecast: BC Housing Market Expected to Strengthen Later This Year
In its 2023 Second Quarter Housing Forecast, BCREA reports that MLS® residential sales in BC are forecast to decline 6.6 per cent to 75,530 units this year.
Posted May 02, 2023
by Brendon Ogmundson
-
Mental Health and Mental Capacity in Real Estate Contracts #560
It’s important for REALTORS® to consider how mental health issues impact a person’s ability to enter into real estate contracts.
Posted May 01, 2023
by Amy Peck