New Real Estate Council of BC Regulations in Effect
Posted on Jun 17, 2018 in REBGV and regulations
Effective 15 June 2018, The Real Estate Council of BC (RECBC) introduced new regulations governing the provision of real estate services to the public.
These new regulations are intended to:
• Prohibit the practice of ‘Dual Agency’ (where a single REALTOR® represents both the buyer and the seller in a real estate transaction), except in a very narro...A winning balance of school ranking vs commute time vs housing cost
Posted on May 29, 2018
Location, location, location. It is as important to those with school-aged children looking for a home as it is to retailers looking for a storefront. Most families buying new homes don’t have the luxury of choosing their location based solely on the school catchment area—especially in Metro Vancouver. More often choice is a balance between the qua...
Taxes to counter affordability crisis less than effective
Posted on Mar 30, 2018
In August 2016, the Government of BC implemented a Foreign-buyers Tax, a City of Vancouver Vacancy Tax, and changes to the Property Transfer Tax, in anticipation that reducing the pressure from foreign buyers on the lower mainland housing market would counter the affordability crisis.
The MLS®HPI (Home Price Index) measures the rate at which housin...
The MLS®HPI (Home Price Index) measures the rate at which housin...
Bowen Island: A decade of change
Posted on Jan 13, 2018 in About Bowen Island
Occasionally I hear folks talking about how much Bowen has changed, so I thought I’d try and quantify that change by comparing the 2006 and the 2016 census—with some references to the 2011 census—and in the process maybe explain some of the perceived changes. (The infographics are PNG files and will show full size if you click on the 'pop-out' symb...
Bowen Island: year-over-year changes in detached-home real estate
Posted on Nov 30, 2017
This snapshot of real estate year-over-year shows a definite cooling of Metro Vancouver’s over-heated detached-home market. Generally, across the Real Estate Board of Greater Vancouver (REBGV). the median sales price is holding but flat, sales are sluggish, both dollar volume and sales volume are down almost 30%, and the number of new listings is d...
