Vancouver, BC – February 22, 2017. On the heels of multiple government announcements in 2016 and early 2017, the British Columbia Real Estate Association (BCREA) welcomes the latest: an increase in...
Blog & News: News Media Reports
45,000 Compass cards used on Evergreen Line's first five days: TransLink
During its first five days of operation, 45,000 Compass cards were used on the new Evergreen SkyTrain extension, according to early data from TransLink.
“We’ll be studying...
Federal Government Changes to Mortgage Insurance Rules - October 3, 2016
The Federal Government announced significant changes to regulations for new-government backed insured mortgages today. Effective October 17, 2016, all insured homebuyers will have to qualify at the posted...
Tri-City real estate market shows no signs of cooling
A combination of high house prices and a drop in listings hasn't quelled the dream of homeownership and the Tri-Cities is seeing an unusually busy winter real estate market.
"It's a supply...
New mortgage down payment rule changes
New down payment rules will go into effective February 15, 2016.
“The Government’s role in housing is to set and maintain a framework that is equitable, stable and sustainable. The actions...
Federal audit takes aim at money-laundering real estate transactions in Vancouver area
Vancouver's booming real estate industry is being targeted in a federal money-laundering audit that could potentially lead to massive fines and jail time for realtors.
Ottawa's increased...
David Reimers Earns CERTIFIED NEGOTIATION EXPERT (CNE) Designation
Professional negotiation skills are a must for all real estate agents helping home buyers and sellers, particularly in the current market.
David Reimers has been awarded the Certified Negotiation Expert...
Cooler Canadian housing market may be good for parts of economy: CIBC - Vancouver Sun
TORONTO - One of the country's big banking groups has issued a report saying that a cooling in Canadian house prices may not be all bad news.
The CIBC World Markets says the slowing...
Canadian home sales higher or steady in most major cities in 2012: Vancouver Sun
MISSISSAUGA, Ont. - The latest real estate outlook from ReMax says Canadian home sales increased or held steady in much of the country this year despite tighter financing and economic uncertainty abroad....
Boomers warned using home sale to fund retirement could backfire - Financial Post
About a third of Baby Boomers plan to sell their home to fund their retirement, according to a study that questions whether buyers will dry up as that massive segment of the population downsizes.
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