BCREA’s latest Market Intelligence report forecasts that two significant federal government policies– the Foreign Buyers Ban and record-high immigration targets– will shape housing demand in BC over the next three years.
Posts tagged with “Foreign Buyer Ban”
![post image](https://www.bcrea.bc.ca/wp-content/uploads/bcrea-market-Intelligence-feature-image.jpg)
![post image](https://www.bcrea.bc.ca/wp-content/uploads/shutterstock_2221774023.jpg)
With 2022 now in the rear-view mirror, BCREA’s Government Relations department reflects on a busy and eventful year.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/shutterstock_1207951552.jpg)
For a period of two years starting January 1, 2023, non-Canadians are banned from purchasing homes in Canada. Here’s what you need to know.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/shutterstock_747336202-scaled.jpg)
While REALTORS® owe their clients an obligation to inform about the act, it allows for penalties on any party found guilty of knowingly assisting a non-Canadian in violating the prohibition.