Monthly Stats Reports

Change, intention, and effect

Posted on Jul 27, 2018 in REBGV and regulations

A SIGNIFICANT CHANGE

Prior to June 15th a REALTOR® could represent both the seller and the buyer or more than one buyer in a real estate transaction. With the change in rules, this is no longer permitted (except in remote and underserved communities) and has had a significant impact on providing real estate services in BC.

The rule change is intende...

New rules that affect you if you are buying or selling a home

Posted on Jul 14, 2018 in REBGV and regulations

What's Happening - July 2018.

New rules can change the relationship you have with your REALTOR®.

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...

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...

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