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Forecasts / Thought Leadership
Current Housing Trends

Mortgage Rate Forecast

Where mortgage rates go from here depends on how serious the US is about imposing punitively high tariffs on Canadian imports, and how Canada responds.

Media Relations

Past Due: Expired Offers, Expired Contracts, and What To Do With Them #580

Missing deadlines in real estate contracts can lead to expired deals, and while some offers can be revived, doing so comes with risks and consequences.

The Importance of Knowing Your Client

To support REALTORS® in their efforts to continue their diligence in updating and educating themselves about anti-money laundering (AML), BCREA has created a new video to help REALTORS® better understand what’s involved with “Knowing Your Client.”

Home Sales Continue at Below Average Pace in June

For the complete news release, including detailed statistics, click here. Vancouver, BC – July 15, 2024. The British Columbia Real Estate Association (BCREA) reports that 7,082 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in June 2024, a 19 per cent decrease from June 2023. The average MLS® residential price in BC in

Landlords Take Notice – Recent Amendments to BC Tenancy Legislation #574

Realtor having a discussion with client

The BC residential rental market has been a very hot topic lately in many different business and social circles. Restrictions imposed on the short-term rental market have taken several homeowners by surprise, and the BC Government has again changed the rental landscape with the passing of Bill 14 – Tenancy Statutes Amendment Act, 2024, which

Selling Tenant-Occupied Properties During the <em>Residential Tenancy Act</em> Transitional Period

Female realtor advising her client

With a phased rollout of changes to residential tenancy laws in British Columbia that started this spring with Bill 14, the Tenancy Statutes Amendment Act, REALTORS® selling tenant-occupied properties are now in a transitional period. Since Bill 14’s changes involve regulating landlord-tenant relationships, REALTORS® must remain aware of this changing tenancy landscape to advise their