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UPDATED: COVID-19: REALTORS® and Consumers Can Travel for Real Estate Transactions
REALTORS® and their clients can still travel for business purposes, like viewing a home, but should be prepared for possible road checks and continue to follow public health orders and safety guidelines.
Posted Apr 23, 2021
by Mackenzie Smith
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UPDATED: As COVID-19 Case Counts Rise, REALTORS® Should Continue to Prioritize Health and Safety
As COVID-19 cases in BC continue to surge, restrictions from the Provincial Health Officer on social gatherings, non-essential travel, indoor dining and more have been updated as of March 29, 2021.
Posted May 05, 2021
by Mackenzie Smith
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Housing Market Update – April 2021
Watch BCREA Chief Economist Brendon Ogmundson discuss the April 2021 statistics.
Posted May 14, 2021
by Brendon Ogmundson
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Three Highlights from Public Polling on BC’s Hot Market
In a recent public opinion survey, Research Co. asked British Columbians about their thoughts on the current hot housing market. Here are three takeaways from the results.
Posted May 13, 2021
by Mackenzie Smith
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UPDATE: Learn Ten Things About LOTR in Under One Minute
LOTR, is a publicly accessible registry of information about individuals who have an indirect interest in land in BC. Here are ten things REALTORS® can learn about LOTR in just under one minute.
Posted May 13, 2021
by Jennifer Lynch
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Getting Ready for the June 1 FINTRAC Changes: Politically Exposed Persons – Part 1
As of June 1, 2021, brokerages will be required to determine whether a client is a politically exposed person or head of an international organization when they enter into a business relationship.
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BC Markets Calming but Sales Still on Record Pace
The British Columbia Real Estate Association reports that a total of 13,683 residential unit sales were recorded by the MLS® in April 2021.
Posted May 12, 2021
by Brendon Ogmundson
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Housing Supply Takes Centre Stage During GL Days Live Sessions
At this year’s Government Liaison Days, Realtors from across the province convened virtually to learn about policies to address the two issues of improving housing supply and energy efficiency in homes.
Posted May 10, 2021
by Matt Mayers
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UPDATED: Selling Tenant-Occupied Properties During the COVID-19 Pandemic
Selling a home can be a stressful experience, and it can be even more complicated when selling a tenant-occupied property, especially in the midst of a global pandemic…
Posted May 05, 2021
by Marianne Brimmell
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BCREA 2021 Second Quarter Housing Forecast: Provincial Housing Market on a Record-Setting Pace
In its 2021 Second Quarter Housing Forecast, BCREA reports that MLS® residential sales in theprovince are forecast to rise 33.6 per cent to 125,600 units this year, after recording 94,013 sales in 2020.
Posted May 05, 2021
by Brendon Ogmundson
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BCREA Nowcast
The BCREA Nowcast estimate of provincial economic growth (expressed as year-over-year growth in real GDP) for February 2021 is 1.6 per cent.
Posted Apr 30, 2021
by Brendon Ogmundson
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PODCAST: What Does the Public Really Think About the Hot Market? (April 2021)
Featuring a conversation with Research Co. president Mario Canseco about his public opinion survey on BC’s hot housing market.
Posted Apr 29, 2021
by Shaheed Devji
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Interest Rates Main Cause for Hot Market According to Recent Survey of BC Public
From the causes of the historically busy market to Realtor practice, and potential measures to cool the market, the public weighed in on a range of topics in a recent survey conducted by Research Co.
Posted Apr 29, 2021
by Shaheed Devji
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Getting Ready for the June 1 FINTRAC Changes: Beneficial Ownership
As of June 1, 2021, real estate brokerages will be required to obtain and verify beneficial ownership information of their entity clients.
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Sustainable Homes: Understanding What Homebuyers Want
Students from BCIT’s Sustainable Business Leadership Program are hoping REALTORS® will help them answer questions on sustainable homes by participating in a short online survey.
Posted Apr 29, 2021
by April van Ert
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UPDATE: COVID-19 Recovery Dashboard
The BCREA Economics team has created the COVID-19 Recovery Dashboard to help REALTORS® monitor BC’s economic recovery.
Posted Apr 28, 2021
by Brendon Ogmundson
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BCREA Individual Identification Information Record to be Retired Ahead of June 1 FINTRAC Changes
BCREA’s Individual Identification Information Record will become obsolete as of June 1, 2021, when FINTRAC’s latest regulatory amendments come into effect.
Posted Apr 28, 2021
by Marianne Brimmell
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Hot Markets: Risks and Tips to Avoid Getting Burned #537
In this hot market, REALTORS® must keep their cool and remember that some of the oft-repeated, time-tested and best advice to protect themselves and consumers still applies.
Posted Apr 28, 2021
by Chris Johnston
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New Video Explains Seller’s Disclosure of Material Latent Defects Form to Clients
BCREA has created a new video for REALTORS® to share with their clients to help explain the Seller’s Disclosure of Material Latent Defects form.
Posted Apr 28, 2021
by Marianne Brimmell
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Federal Budget Recap: Foreign Buyers Tax Concerning, Other Measures Welcomed
On April 19, Canada’s Minister of Finance Chrystia Freeland introduced the Liberal government’s first budget since the beginning of the COVID-19 pandemic.
Posted Apr 28, 2021
by Matt Mayers
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BCREA Releases New Form to Address Risk of Subject-Free Offers
BCREA has created the Buyer’s Acknowledgement of Information – Recommended Conditions form to help REALTORS® document that they have advised buyers of the risks of not including recommended conditions in an offer.
Posted Apr 28, 2021
by Marianne Brimmell
by Marianne Brimmell Apr 28, 2021
