News: Vancouver Real Estate Market

Your health and safety are our primary concern. So is the safety of everyone else that works for us, with us, or shares this planet. While our physical office is closed, our virtual office remains open and we are available anytime for a video chat, call or email. 

If you're selling real estate:

  • In keeping with social distancing best practices, we have cancelled all traditional open houses until further notice.  Open houses will now be done virtually using Facebook Live. Privately...
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The BC Temporary Rental Supplement (BC-TRS) Program aims at offering up to $500 a month to assist renters and landlords during the COVID-19 pandemic. This is part of the province's $5 billion action plan and payments are made directly to the landlords of eligible households. Tenants should inform their landlords that they are applying for the BC-TRS.

What do you need to know about the program?

  • The program will be a temporary rental supplement for April, May and June 2020.
  • Applicants will only have...
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Your health and safety are our primary concern. So is the safety of everyone else that works for us, with us, or shares this planet. While our physical office is closed, our virtual office remains open and we are available anytime for a video chat, call or email. 

If you're selling real estate:

  • In keeping with social distancing best practices, we have cancelled all traditional open houses until further notice.  Open houses will now be done virtually using Facebook Live. Privately...
Read full post

The COVID-19 outbreak has caused a steep decline in interest rates, however, it is uncertain as to how severe the impact will be on economic activity. Considering the importance of tourism and our trade links with China, the magnitude of the impact is expected to be higher in BC. In addition, the Canadian economy also saw the collapse of oil prices and this makes the probability of a recession in Canada that much higher.

COVID-19 potential impact on BC housing market

An unfortunate byproduct of recession is the loss of jobs and incomes, which...

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.