The 2023 Housing Market was Defined by High Rates and Slow Sales

BC Real Estate Association logo with text reading "Statistics Release. January 2024"

For the complete news release, including detailed statistics, click here. Vancouver, BC –  January 15, 2024. The British Columbia Real Estate Association (BCREA) reports that 73,109 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2023, a 9.2 per cent decline from 80,506 units sold in 2022. The annual average MLS® residential price

Powers of Attorney: A Minefield for REALTORS® #568

Realtor woman helping man sign a document

REALTORS® will, from time to time, encounter clients who are buying or selling real estate through a power of attorney. While seemingly straightforward, powers of attorney are nothing short of legal landmines and should be treated with extreme caution. REALTORS® should be aware that not all powers of attorney are created equal, and care must

2024 BC Property Assessments 

Senior woman reading document at a table with open laptop

The 2024 BC Property Assessments are now available online through BC Assessment, and homeowners can now check theirs on the website and expect to receive their notices in the mail by the end of January 2024.   REALTORS® are often a valuable source of information for both buyers and sellers in helping them understand tax