Vancouver, BC – March 26, 2019. The British Columbia Real Estate Association (BCREA) is pleased to announce that Fraser Valley REALTOR® Michael Trites was elected as its 2019-2020 President at its annual general meeting on March 26, 2019. “Working in organized real estate has always been a rewarding experience,” says Michael Trites. “In 2018, there …
Vancouver, BC – March 20, 2019. The British Columbia Real Estate Association (BCREA) is pleased with the measures announced in Budget 2019 that will help address housing affordability in British Columbia. REALTORS® in BC recognize that home ownership is a difficult goal to achieve for many British Columbians, and the policies announced in this budget …
Vancouver, BC – March 12, 2019. The British Columbia Real Estate Association (BCREA) is calling on the federal government to revisit the B-20 stress test so that more BC families can achieve their dream of homeownership. Mortgage lending rules, known as the B-20 stress test, have eroded housing affordability by reducing the purchasing power of …
Vancouver, BC – November 27, 2018. As the provincial association for BC’s 11 regional real estate boards and 23,000 REALTORS®, the British Columbia Real Estate Association (BCREA) is deeply concerned by a recent news report that suggests up to $1 billion may have been laundered through Vancouver luxury real estate in 2016. BCREA continues to …
Vancouver, BC – November 19, 2018. The British Columbia Real Estate Association (BCREA) is excited to launch a new brand identity reflecting the Association’s commitment to leadership and excellence in serving BC’s 11 regional real estate boards and 23,000 REALTORS®. “The new BCREA is dynamic, knowledgeable and relatable – just like the REALTORS® we serve,” …
Vancouver, BC – October 16, 2018. The British Columbia Real Estate Association (BCREA) welcomes the Government of British Columbia’s inclusion of exemptions from the speculation and vacancy tax proposed as Bill 45 today, Tuesday, October 16, 2018. Some of the exemptions directly address concerns BCREA brought to the Province’s attention through its advocacy work. The …
Vancouver, BC – September 28, 2018. The British Columbia Real Estate Association (BCREA) welcomes the provincial government’s launch of an inquiry into money laundering in sectors including real estate. As the professional organization representing BC’s 11 regional real estate boards and the province’s 23,000 REALTORS®, BCREA also welcomes the results of Dan Perrin’s review of …
This news release was amended to correct inaccuracies regarding potential conflicts of interest, disclosures regarding remuneration and to add comment on the impact of the Rule changes. The corrections are italicized for clarity. Vancouver, BC – June 15, 2018. On June 15, 2018, changes to Rules under the Real Estate Services Act that dictate how …
Vancouver, BC – May 2, 2018. The British Columbia Real Estate Association (BCREA) is pleased to announce that Penticton REALTOR® James Palanio has been elected as its 2018-2019 President. “I’m very pleased to be BCREA’s President,” says James Palanio. “This has been a period of significant change in our profession. We will be employing a …
Vancouver, BC – April 30, 2018. BCREA today released the following statement: As the organization representing REALTORS® in BC for more than 40 years, the British Columbia Real Estate Association (BCREA) strongly disapproves of any unethical activities that reduce housing affordability, take advantage of consumers or undermine transparency. “Such practices don’t reflect the standards that …
Vancouver, BC – March 27, 2018. The British Columbia Real Estate Association (BCREA) was pleased to see more details of the proposed speculation tax. Refinement of the areas of the province where the tax applies and the introduction of different rates for different owners indicate a more strategic approach, and provide greater certainty. We look …
Victoria, BC – February 20, 2018. The British Columbia Real Estate Association (BCREA) calls on the government to introduce transitional rules for all transactions impacted by the new tax measures introduced in Budget 2018. The new tax measures come into effect on February 21, 2018. The Property Transfer Tax (PTT) increase to 5 per cent …
The British Columbia Real Estate Association acknowledges that our head office is located on the unceded traditional territories of the Coast Salish Nations of Sḵwx̱wú7mesh (Squamish), səl̓ilwətaɁɬ (Tsleil-Waututh), and xwməθkwəy̓əm (Musqueam). We also acknowledge the other 195 First Nations in British Columbia, as these are the lands we each call home.
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