by REM Editorial Team | Mar 24, 2023 | Boards & Associations, News
According to the British Columbia Real Estate Association (BCREA), mixed signals from Canadian economic data are making the outlook for the Canadian economy somewhat cloudy. BCREA has released a report on trends and forecasts for mortgage rates, authored by Chief...
by Jordana Springgay | Jan 5, 2023 | News
QUICK HITS B.C. has implemented a mandatory three-day cooling-off period for homebuyers to allow additional time for due diligence on their purchase. The homebuyer rescission period includes a cancellation fee of 0.25% of the purchase price. Concerns have been...
by REM Editorial Team | Dec 14, 2022 | News
Similar to the rest of the country, British Columbia’s housing market saw a slow November. According to the British Columbia Real Estate Association (BCREA) statistics, sales were down nearly 51 per cent from the same month last year and about 30 per cent below...
by REM Editorial Team | Nov 22, 2022 | News
The British Columbia government is tackling the affordability crisis with new legislation. On Tuesday, Premier David Eby introduced the Housing Supply Act; the proposed legislation would speed up housing development and increase supply by allowing the province to set...
by Trevor Koot | Oct 26, 2022 | Columnists
Stakeholders in the real estate industry love talking about disruption and speculating about who or what the next big disruption is going to be. Well, allow me to provide my best guess – and it may not be what you think. Technology has played a significant role in...