BC Real Estate

• Bidding war no more: How to make an offer in Canada’s cooling housing market

  Housing markets in Canada are cooling down, giving some buyers a bit more negotiating power but complicating the question of how to bid on a home.

  Money

  May 14
  
• Higher interest rates push homes sales in B.C. back toward normal, says association

  British Columbia home sales figures for April show 8,939 properties changed hands last month, a decrease of 34.9 per cent from the record high set in April last year.

  Economy

  May 12
  
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• Census shows apartment growth, but supply remains primary issue in B.C.: experts

  Statistics released by the B.C. Jobs Ministry earlier this month show more than 100,000 people moved to the province in 2021, the highest annual total since 1961.

  Economy

  Apr 27
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• B.C. introduces homebuyer protection bill that will allow cooling off period

  The legislative amendments, when passed, will give people buying a home more time to consider their offers, ensure financing and obtain a home inspection.

  Politics

  Mar 28
• Four recommendations given to BC Housing to improve space for women, children

  Michael Pickup's audit found that BC Housing "effectively managed" its program to provide additional safe spaces for women and children, but with "some exceptions."

  Politics

  Mar 15
• B.C. Real Estate Association criticizes cooling-off period for housing

  BCREA also wants the province to bring more transparency to the homebuying process, so people can make more informed decisions, when they are caught in multiple offer scenarios.

  Economy

  Feb 28
• Budget 2022: Child care a ‘bright spot,’ but advocates say housing investment lacking

  Finance Minister Selina Robinson released Budget 2022 on Tuesday, billing it as an inclusive and sustainable document that "delivers action today with a plan for tomorrow."

  Economy

  Feb 22
• Vancouver real estate sales slowed in January with fewer properties available: board

  The Real Estate Board of Greater Vancouver says January home sales slowed from a record-setting pace last year as the number of properties available dropped.

  Economy

  Feb 2
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• Kelowna among top emerging real estate markets in Canada

  Kelowna has emerged as real estate market to watch due to its high employment rate and strong construction and healthcare sectors.

  Canada

  Jan 18
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• B.C. properties valued up to $1.975M now eligible for homeowner grant

  Homeowners in British Columbia whose property is valued at just under $2 million will still be eligible for the annual homeowner grant.

  Economy

  Jan 5