Three Election Questions REALTORS® Can Ask Candidates

BC voters go to the polls on October 24, 2020

As all parties focus on COVID-19 economic recovery in the lead-up to October’s provincial election, BCREA is advocating for market housing affordability to be a key part of the next government’s post-election plans. For BC’s REALTORS®, meeting with candidates is a great opportunity to ask questions and suggest that the next government focuses on these

BCREA Nowcast

BC Monthly Real GDP Estimate for July 2020 & Preliminary Estimate for August 2020 (Updated: September 30, 2020) The BCREA Nowcast estimate of provincial economic growth (expressed as year-over-year growth in real GDP) for July is -4 per cent. For comparison, the Canadian economy contracted 4.9 per cent year-over-year in July. We have also included

UPDATE: COVID-19 Reopening Dashboard

The dashboard was last updated on September 28, 2020. To view the Reopening Dashboard PDF, click here. The BCREA Economics team has created the COVID-19 Reopening Dashboard to help REALTORS® monitor the evolution of the BC economy as the province gradually reopens. This dashboard focuses on the sectors and activities that have been most significantly impacted

Anti-Money Laundering Resources

Background Resources Advocacy Last updated: October 16, 2020 Ensuring REALTORS® have the resources to meet anti-money laundering requirements is an important step towards keeping money from criminal activity out of BC’s housing market. BCREA has created this dedicated page to help Realtors access BCREA’s anti-money laundering resources. Throughout the fall, we’ll add to these resources

Planning for Post-COVID-19 Economic Recovery

BCREA’s Recommendations for the Next Provincial Government With British Columbians being asked to head to the polls on October 24, BCREA is advocating with all parties to ensure that market housing affordability is a cornerstone of the province’s COVID-19 economic recovery plan. “The COVID-19 pandemic has made market housing affordability inequities more apparent than ever,”

PODCAST: Episode 11 – What the Provincial Election Means for BC Real Estate

Open House by BCREA logo

On Episode 11 of Open House by BCREA, we talk about the upcoming provincial election and what it means for the real estate sector in BC. Joining us for a conversation is BCREA VP Government Relations and Stakeholder Engagement Trevor Hargreaves. He shares the key priorities and recommendations BCREA and the province’s real estate boards will

Mastering Compliance Virtual Classes Feature Anti-Money Laundering Expert

BCREA’s new nine-week blended learning program, Mastering Compliance: Anti-Money Laundering Training for Brokers, launches on Monday, October 5, and it’s not too late to register! This program combines six self-paced online modules with three virtual classroom sessions to provide brokers and compliance officers with the tools to meet anti-money laundering requirements and foster a culture

Federal Throne Speech Includes Housing in Economic Recovery Plan

On September 23, Governor General Julie Payette presented the Speech From the Throne, providing an overview of many programs the government has enacted in the last six months as well as providing an outline of the government’s upcoming agenda. Several of the announcements will impact real estate in BC. On market housing, the government promised

Mortgage Rate Forecast

To view the Mortgage Rate Forecast PDF, click here. Highlights 5-year fixed mortgage rate falls under 2 per cent Canadian economic recovery entering recuperation phase Bank of Canada on hold until 2023? Mortgage Rate Outlook The average Canadian 5-year fixed rate has fallen to under 2 per cent, the result of a rapid and overwhelming