BC Government Announces New Housing Measures in 2024 Budget 

Row of townhouses

On February 22, 2024, Finance Minister Katrine Conroy introduced the provincial government’s Budget 2024. The budget unveiled several new housing related measures, including the BC Home Flipping Tax and various property transfer tax exemptions. While BCREA commends the provincial government’s renewed commitment and efforts to improve housing attainability for British Columbians, the budget’s introduction of

New BCREA Course Dives Into Best Practices When Interacting With Powers of Attorney and Executors

Realtor showing elderly couple where to sign documents

In BCREA’s new self-paced online course, Navigating Transactions Involving Powers of Attorney and Executors, learners will gain the knowledge to proficiently manage transactions involving powers of attorney (POAs) and executors. (BCREA Access Login required) Navigating Transactions Involving Powers of Attorney and Executors dives into potential issues and recommended practices for working with POAs and executors

Housing Market Activity Picks Up to Start 2024

BC Real Estate Association logo with text reading "Statistics Release. February 2024"

For the complete news release, including detailed statistics, click here. Vancouver, BC –  February 13, 2024. The British Columbia Real Estate Association (BCREA) reports that a total of 3,979 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in January 2024, an increase of 29.4 per cent from January 2023. The average MLS® residential

Under the Covers (of Snow) – Winter Real Estate Transaction Considerations #569

Realtor showing client into a house for sale

As REALTORS® know better than anyone, real estate transactions happen 24/7 in all seasons. However, both buyers and sellers have a few additional considerations to keep in mind when a transaction happens in the winter months; therefore, so do their REALTORS®. Impact on Property Features and Function The law still very much recognizes the concept

New BCREA Course Unveils the Essentials of Real Estate Disclosures

Businesswoman having a discussion with a client while holding a document

Explore the fundamental aspects of real estate disclosures in BCREA’s new course Introduction to Disclosures in Real Estate. Aimed at new REALTORS® embarking on their real estate journeys, this course covers the intricacies of mandatory disclosure requirements set forth by common law, statute law, and professional sector standards. (BCREA Access Login required) Introduction to Disclosures