In late-2022, strata corporations were no longer allowed to make age-restricting bylaws for persons under 55 years old. The intent of this policy was to make more strata units available to more British Columbian families. This means that any current age restrictions under 55+ are unenforceable. However, as anticipated by BCREA and other stakeholders, the …
Summary of Findings: Read the Report The post-pandemic housing market has been notable for its stubborn refusal to track expectations. One of the most interesting and unexpected recent housing market trends has been the lack of new listings, which have been trending well below average in all areas of the province since the start of …
On May 7-9, 2023, delegates from all eight real estate boards gathered in Victoria to meet with their constituent Members of the Legislative Assembly (MLAs) during BCREA’s annual Government Liaison (GL) Days. During this event, BC’s organized real estate sector collectively advocated for a more thoughtful housing policymaking process and increased missing middle housing options …
For the complete news release, including detailed statistics, click here. Vancouver, BC – May 11, 2023. The British Columbia Real Estate Association (BCREA) reports that a total of 7,427 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in April 2023, a decrease of 17.7 per cent from April 2022. The average MLS® residential …
On May 7-9, 2023, BCREA and representatives from each of BC’s eight real estate member boards will gather in Victoria for our annual Government Liaison (GL) Days conference. We are looking forward to hosting this event in person again for the first time since 2019. GL Days is a key advocacy event during which …
Mental health is an essential component of our daily lives. Yet, it is still overlooked and stigmatized in society. Many individuals are afraid to seek help or speak up about their struggles with mental illness due to the fear of judgment and discrimination. Those struggles can come from diverse places, not only from the professional …
Smiling couple sitting across from realtor at a desk, signing a contract
Real estate professionals face unique problems and challenges in their everyday practice, from the uncertain housing market landscape, long work hours, and other stressors, each taking a toll on their mental and physical health. According to the findings of the survey on COVID-19 and mental health from the Centre for Addiction and Mental Health, one …