BC Real Estate Association Named Best Workplaces™ in Real Estate & Construction for 2024
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We are proud to announce that BCREA has been named one of the Best Workplaces™ in Real Estate & Construction for 2024. This year’s designation marks the fifth consecutive year BCREA has received this accreditation after a thorough, independent analysis conducted by Great Place to Work®. The list is based on direct feedback from employees …
Housing Market Update – July 2024
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Watch BCREA Economist Brendon Ogmundson discuss the June 2024 statistics. [iframe width=”560″ height=”315″ src=”https://www.youtube.com/embed/7QbSPBY91S8″ frameborder=”0″ allowfullscreen style=”position:absolute;top:0;left:0;width:100%;height:100%;”][/iframe] Click here for the Housing Market Update charts. Click here to visit BCREA's YouTube channel. Read the news release here. For more information, please contact: Brendon Ogmundson Chief Economist Direct: 604.742.2796 Mobile: 604.505.6793 Email: [email protected] To subscribe to receive …
Markets at a Glance
Home Sales Continue at Below Average Pace in June
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For the complete news release, including detailed statistics, click here. Vancouver, BC – July 15, 2024. The British Columbia Real Estate Association (BCREA) reports that 7,082 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in June 2024, a 19 per cent decrease from June 2023. The average MLS® residential price in BC in …
Landlords Take Notice – Recent Amendments to BC Tenancy Legislation #574
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The BC residential rental market has been a very hot topic lately in many different business and social circles. Restrictions imposed on the short-term rental market have taken several homeowners by surprise, and the BC Government has again changed the rental landscape with the passing of Bill 14 – Tenancy Statutes Amendment Act, 2024, which …
Selling Tenant-Occupied Properties During the <em>Residential Tenancy Act</em> Transitional Period
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With a phased rollout of changes to residential tenancy laws in British Columbia that started this spring with Bill 14, the Tenancy Statutes Amendment Act, REALTORS® selling tenant-occupied properties are now in a transitional period. Since Bill 14’s changes involve regulating landlord-tenant relationships, REALTORS® must remain aware of this changing tenancy landscape to advise their …