New Mortgage Rules – update from Prime Mortgage Works.

& Mortgage Trends, Update, Victoria Real Estate Info.

How will the new mortgage rules affect your real estate purchasing power? Callum Greig from Prime Mortgage Works discusses with Sarah West how the new rules can and could affect your real estate decisions going forward. As of January 1st, 2018 the Canadian Government implemented new Mortgage Rules affecting what you can afford. Banks now […]

All Articles Read More

Record BC Home Sale Forecast Despite Vancouver Slowdown

& B.C. Real Estate, BC Real Estate Update, Blog Post, Canadian Real Estate, In the News, Update.

Vancouver, BC – August 25, 2016. The British Columbia Real Estate Association (BCREA) released its 2016 Third Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales in the province are forecast to climb 10.4 per cent to a record 113,000 units this year, eclipsing the previous record of 106,310 units in 2005. Housing […]

All Articles Read More

Record Home Sales Creates Wave of New Home Construction

& B.C. Real Estate, BC Real Estate Update, Blog Post, In the News, Update.

Vancouver, BC – June 15, 2016. The British Columbia Real Estate Association (BCREA) reports that a record 13,458 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May, up 32.3 per cent from the same month last year. Home sales last month exceeded April’s record of 12,969 units. Total sales dollar volume […]

All Articles Read More

BCREA Provides Recommendations to Independent Advisory Group

& B.C. Real Estate, BC Real Estate Update, Blog Post, Canadian Real Estate, In the News, Update.

Vancouver, BC – April 14, 2016. The British Columbia Real Estate Association (BCREA) presented its recommendations to the Independent Advisory Group (IAG), which is chaired by Superintendent of Real Estate Carolyn Rogers on April 12, 2016. “BCREA fully supports the IAG’s work, and any measures that improve consumer trust and REALTOR® professionalism,” said BCREA President […]

All Articles Read More

New BC Real Estate Association President and BOD

& B.C. Real Estate, BC Real Estate Update, Blog Post, Canadian Real Estate, Update, Victoria BC, Victoria Real Estate Info, Victoria Real Estate Update.

New BC Real Estate Association President and Board of Directors  Deanna Horn to Lead Provincial Real Estate Organization Vancouver, BC – April 1, 2016. The British Columbia Real Estate Association (BCREA) is pleased to announce that Langley REALTOR® Deanna Horn has been elected as its 2016-2017 President. “As BCREA President, I look forward to helping […]

All Articles Read More

BCREA Housing Market Update – March 2016

& B.C. Real Estate, BC Real Estate Update, Blog Post, In the News, Statistics, Update.

“Housing demand is now at a break-neck pace,” said Cameron Muir, BCREA Chief Economist. “Home sales last month were not only a record for the month of February, but on a seasonally adjusted basis, demand has never been stronger in the province.” (BCREA) The following video features BCREA Chief Economist, Cameron Muir, discussing February 2016’s […]

All Articles Read More

Strong Housing Demand Forecast Through 2017

& B.C. Real Estate, BC Real Estate Update, Blog Post, Buying a Home, Canadian Real Estate, In the News, Selling a Home, Statistics, Update, Victoria BC.

Multiple Listing Service® (MLS®) rresidential sales in the province are forecast to edge back 6.2 per cent to 96,100 units this year, after reaching 102,517 units in 2015. Strong consumer demand is expected to push MLS® residential sales up by 2 per cent to 98,000 units in 2017. Housing demand in the province is being […]

All Articles Read More