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Home Ownership
Home insurance and wildfire season: What you need to know
Wednesday, August 18, 2021
Home insurance and wildfire season: What you need to know
During this crisis, it’s important to understand what you should expect from your insurance.
Home Buying
What are the buying costs of a home?
Wednesday, May 5, 2021
What are the buying costs of a home?
If you’ve decided to buy a home, it’s important you understand all the costs involved in addition to the price you're paying for the property.
Market Trends
Buying or selling in a busy market? Here’s how you can make the transaction easier
Tuesday, March 9, 2021
Buying or selling in a busy market? Here’s how you can make the transaction easier
In a busy real estate market, homes are bought and sold at a faster pace than usual. This can create a sense of urgency that causes home prices to rise.
Home Ownership
BC Strata insurers to end ‘best terms pricing’
Wednesday, December 23, 2020
BC Strata insurers to end ‘best terms pricing’
Learn what changes are being made to give strata corporations the info needed to make informed decisions about their insurance needs.
Urban Planning
Provincial parties' housing policy platforms
Friday, October 16, 2020
Provincial parties' housing policy platforms
Here are solutions offered by the three main parties as well as the BC Conservative Party which makes substantive housing related recommendations.
Home Ownership
Mortgage debt grows – deferrals, skipped payments main contributors
Friday, October 2, 2020
Mortgage debt grows – deferrals, skipped payments main contributors
Legislation & Regulations
Provincial government changes strata insurance regulations
Tuesday, September 15, 2020
Provincial government changes strata insurance regulations
These changes are intended to address rising strata insurance costs that have affected strata owners throughout the province.
Legislation & Regulations
Strata insurance – where are we at?
Thursday, September 10, 2020
Strata insurance – where are we at?
Read an update on how the Insurance Bureau of Canada has responded to unusually high insurance premiums faced by strata corporations.
Legislation & Regulations
Government begins regulating strata insurance
Monday, July 13, 2020
Government begins regulating strata insurance
To help return the strata insurance market to balance, the Ministry of Finance announced amendments to the Strata Property Act .
Home Ownership
Provincial government introduces bill to help with soaring strata insurance costs
Thursday, June 25, 2020
Provincial government introduces bill to help with soaring strata insurance costs
The BC government is taking its first steps to mitigate soaring strata insurance costs.
Home Buying
Private insurers aren’t following CMHC in tightening lending standards
Thursday, June 25, 2020
Private insurers aren’t following CMHC in tightening lending standards
Two private insurers have announced they won’t be following the Canada Mortgage and Housing Corporation lead to tighten lending standards.
Legislation & Regulations
What’s happening in BC’s strata insurance market?
Thursday, June 18, 2020
What’s happening in BC’s strata insurance market?
The BC Financial Services Authority found strata insurance premiums rose by about 40 per cent, with deductibles seeing triple digit increases.
Home Ownership
What you need to know about strata insurance rate increases
Thursday, February 6, 2020
What you need to know about strata insurance rate increases
Strata owners in BC are facing insurance rate increases of between 50 and 300 per cent this year, according to the Condominium Home Owners Association of BC.
Home Ownership
Know the rules when insuring secondary suites
Saturday, September 28, 2019
Know the rules when insuring secondary suites
Having insurance coverage is vital. There’s a misconception among home owners that their existing policy will cover a suite. It doesn’t.
How a REALTOR® protects you
Monday, December 17, 2018
How a REALTOR® protects you
$30,000 for the most egregious cases of misconduct.
Home Ownership
Preparing for a flood
Wednesday, November 14, 2018
Preparing for a flood
Many residents and businesses in the Lower Mainland are located in a floodplain - close to or beside local rivers, creeks, or coastlines.
Fact Sheets
Mortgage Loan Insurance fact sheet
Wednesday, February 7, 2018
Mortgage Loan Insurance fact sheet
Under the Canadian Bank Act, the federal government requires federally regulated financial institutions to insure high-ratio mortgages – less than a 20 per cent down payment – against default. Understand mortgage insurance by using this fact sheet.