BCREA Legal Guidance Request

The BCREA Legal Defence Fund Committee offers a Legal Guidance Request service to assist REALTORS® and managing brokers with legal and practice challenges. The service allows the committee to proactively address emerging legal issues that may affect the profession, provide support, and develop valuable resources.  Review Criteria Upon submitting your request, the committee will conduct

Mortgage Rate Forecast

To view the Mortgage Rate Forecast PDF, click here. Highlights Benchmark five-year bond yields tumbling, fixed mortgage rates to follow. The Canadian economy slowed sharply in the third quarter. The Bank of Canada is set to cut in 2024, but how much and how fast? Mortgage Rate Outlook After hitting a 15-year high in late

Softening Home Sales but Prices Remain Firm Across BC

For the complete news release, including detailed statistics, click here. Vancouver, BC –  December 12, 2023. The British Columbia Real Estate Association (BCREA) reports that a total of 4,630 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in November 2023, an increase of 2.2 per cent from November 2022. The average MLS® residential

January 2024 Standard Forms Update 

Last updated January 3, 2024. This page contains relevant information and resources for the January 2024 Standard Forms Update.  BCREA will update this page as new information and resources are available.  JUMP TO JUMP TO Background Resources Quick Links Background On January 3, 2024, CREA’s REALTOR® Cooperation Policy and the amendments to Article 30 of