Vancouver, BC – March 27, 2018. The British Columbia Real Estate Association (BCREA) was pleased to see more details of the proposed speculation tax. Refinement of the areas of the province where the tax applies and the introduction of different rates for different owners indicate a more strategic approach, and provide greater certainty. We look …
In late 2017, BCREA and our member boards collectively decided to reduce the provincial association’s REALTOR® dues by 38 per cent, while maintaining the same level of quality in our core services: advocacy, economics, standard forms, interboard commission dispute arbitration, communications and education. The dues reduction takes effect on April 1, and the necessary staff …
For the complete news release, including detailed statistics, click here. Vancouver, BC – March 14, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 6,206 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in February, a 5.7 per cent decrease from the same period last …
Housing affordability is a central focus of the provincial budget announced on February 20. The government’s 30-point “Homes for BC” plan outlines their approach. Some of the key points of the plan include: Introducing a “speculation tax,” charging residential property owners who don’t pay income tax in BC, at an annual rate of 0.5 per …