Categories for Real Estate Resources and Newsletters

Only 35 Per Cent of British Columbians Support Government’s Cooling-Off Period According to Recent Polling

On behalf of the province’s eight real estate boards and 24,000 REALTORS®, the BC Real Estate Association (BCREA) supports the Government of British Columbia’s intent to introduce a “Homebuyer Protection Period.” However, the BC Government’s cooling-off period fails to meet the needs of British Columbians. A recent independent survey of 1,157 British ...

Continue Reading

March 2022 Sales Proof of Another Record Low for Housing Inventory

A total of 833 properties sold in the Victoria Real Estate Board region this March, 29 per cent fewer than the 1,173 properties sold in March 2021 but a 16 per cent increase from February 2022. Sales of condominiums were down 26 per cent from March 2021 with 279 units ...

Continue Reading

Election Housing Promises Destined to Fail Without Detailed Plans to Increase Supply

Vancouver, BC – September 1, 2021. The British Columbia Real Estate Association (BCREA) is encouraged by the focus on housing affordability as a key priority in each of the major party’s platforms in the lead-up to September’s federal election. However, while parties pledge to build more homes and make purchasing ...

Continue Reading

Canadian Housing Markets Continue to Moderate

Housing market snap shot for June 2021 While home sales were down 8.5% in June 2021 on a month-over-month basis, demand continues to exceed supply, which is keeping prices up from this time last year. Home sales were up 13.6% on a year-over-year basis. ...

Continue Reading