BC Real Estate Association and Canadian Mortgage Brokers Association – BC Identify Significant Issues with Changes to <em>Residential Tenancy Act</em>
BC Real Estate Association Named Best Workplaces™ in Real Estate & Construction for 2024
We are proud to announce that BCREA has been named one of the Best Workplaces™ in Real Estate & Construction for 2024. This year’s designation marks the fifth consecutive year BCREA has received this accreditation after a thorough, independent analysis conducted by Great Place to Work®. The list is based on direct feedback from employees …
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
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
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 …