by REM Editorial Team | Jul 11, 2023 | News
The Bank of Canada’s June rate hike and the potential for another increase in July have elicited mixed reactions across local housing markets, according to early reports from real estate boards. RBC Economists Robert Hogue and Rachel Battaglia looked at the...
by REM Editorial Team | Jul 7, 2023 | Boards & Associations, News
In an effort to promote transparency and build trust in the real estate transaction process, three of British Columbia’s largest real estate boards will be implementing a new disclosure form for multiple offer situations. The Real Estate Board of Greater...
by REM Editorial Team | Jul 4, 2023 | Boards & Associations, News
The first quarter of 2023 proved to be challenging for the commercial real estate market in British Columbia’s Lower Mainland, as data from Commercial Edge, a commercial real estate system operated by the Real Estate Board of Greater Vancouver (REBGV), reveals...
by REM Editorial Team | Jun 13, 2023 | News
Canada’s rental market experienced a slower annual increase in May, according to the latest National Rent Report by Rentals.ca and Urbanation. While average asking rents rose by 6.5 per cent year-over-year, it was the lowest percentage increase since December...
by REM Editorial Team | Dec 7, 2022 | News
Despite a cooling housing market, the value of most homes in British Columbia is expected to rise considerably. B.C. Assessment will release its 2023 assessments and warns owners of a five to 15 per cent jump in property values. Estimates are based on real estate...
