Strong Rebound for BC Home Sales in May

For the complete news release, including detailed statistics, click here. Vancouver, BC – June 14, 2023. The British Columbia Real Estate Association (BCREA) reports that a total of 9,191 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in May 2023, an increase of 9.9 per cent from May 2022. The average MLS® residential

Wildfires and Climate Change – The New Normal? #561

wildifre season in BC

With the increased frequency and severity of wildfires, flooding, heat domes, and atmospheric rivers in British Columbia over the past decade, climate change is having real-time effects on real estate transactions for REALTORS® and their clients. Wildfires We’ve all been watching the wildfires in Alberta these past couple of weeks with bated breath, knowing B.C.

Budget 2024 Consultation

On May 30, 2023, BCREA made an in-person submission to the provincial Select Standing Committee on Finance and Government Services, as part of the consultations for the 2024 Provincial Budget. During the session, the Committee received a multitude of important housing policy recommendations from stakeholders, including Landlord BC, BCREA, and the Real Estate Board of

New Online Course Explores Suspicious Transactions in the Real Estate Sector

BCREA has released a new self-paced online course titled The REALTOR®‘s Guide to Suspicious Transactions. While BCREA has other courses on FINTRAC compliance, this is the only course that specifically focuses on ways to identify suspicious indicators of money laundering and terrorist financing in real estate. In The REALTOR®‘s Guide to Suspicious Transactions course, REALTORS® will

New Video Helps Clients Understand the Disclosure of Referral Payment Form

BCREA has created a new video to help REALTORS® explain the Disclosure of Referral Payment form to their clients. A REALTOR® often pays referral fees to people who have referred business to them which could include referring someone to work with them as one of their clients. [iframe width=”560″ height=”315″ src=”″ frameborder=”0″ allowfullscreen style=”position:absolute;top:0;left:0;width:100%;height:100%;” ][/iframe]