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Market Insights Video
May 2025 Market Insights
Friday, June 6, 2025
Inventory levels reach another ten-year high, while home sales registered on the MLS® remained muted. (2:46 minute video)
Market Trends
The Lede: Turning the Corner?
Thursday, May 29, 2025
After reviewing home sales affected by several Bank of Canada rate cuts, GVR economist, Andrew Lis, indicates things might be changing. (2 minute read)
Taxes
Property taxes 101
Tuesday, May 20, 2025
Property taxes are due soon. At the same time, make sure to fill out your Home Owner Grant application. (2 minute read)
Market Trends
The Lede - Missing: Buyers
Friday, May 16, 2025
Is the threat of tariffs the reason why there are a lack of home buyers? Let's take a look with GVR economist, Andrew Lis. (5 minute read)
Market Insights Video
April 2025 Market Insights
Friday, May 9, 2025
The slowdown in home sales in Metro Vancouver that began early this year continued in April. (2:51 minute video)
Market Trends
GVR's 2025 commercial real estate market forecasts now available
Friday, April 11, 2025
See what Metro Vancouver's commercial market may look like in 2025. (2 minute read)
Market Insights Video
March 2025 Market Insights
Wednesday, April 9, 2025
March home sales were the lowest going back to this time in 2019, while active listings continued its upward trend. (2:50 minute video)
Home Buying
7 green ideas to consider when buying a home
Tuesday, April 8, 2025
When looking for an eco-friendly home, here are some things to look for or put in place yourself. (2 minute read)
Community
Jacquie McCarnan honoured for community support
Monday, April 7, 2025
The REALTORS Care® Award celebrates GVR Realtors who volunteer for charity over a sustained period of time. (2 minute read. 4 minute video)
Market Trends
2024 finishes with the fewest commercial transactions in over a decade
Thursday, April 3, 2025
In aggregate, commercial transaction volumes in the Lower Mainland finished 2024 at the lowest level recorded in over a decade. (2 minute read)
Editorial
A proposal to tackle Canada’s down payment problem
Thursday, March 20, 2025
GVR CEO Jeff King recently penned an op-ed for the Vancouver Sun advocating for a new way to help first-time buyers. (2 minute read)
Economics Microsite
The Lede: Uncertain Uncertainty
Tuesday, March 18, 2025
What should we make of the economic and political uncertainty at the moment? Is there an impact on the housing market? (4 minute read)
Home Selling
Can I cancel a listing contract, a buyer agency, or an exclusive?
Tuesday, March 18, 2025
Contracts can only be cancelled with the mutual consent of the parties involved. (3 minute read)
Market Insights Video
February 2025 Market Insights
Friday, March 7, 2025
New listings rose moderately on the MLS® in Metro Vancouver during February and sales decreased. (2:36 minute video)
Home Selling
How does a REALTOR® determine the selling price of my home?
Wednesday, February 26, 2025
One tool Realtors use is comparing prices from recent sales in your area. Bonus: what's the difference between assessed and sale values? (2 minute read)
Market Insights Video
January 2025 Market Insights
Monday, February 10, 2025
Newly listed homes rose 46 per cent year-over-year in January, as sellers appear eager to enter the market. (2:54 minute video)
Professionalism
Why a REALTOR®’s obligations matter
Thursday, February 6, 2025
Realtors are legally and ethically required to act in the best interests of their clients while maintaining high professional standards. (3 minute read)
Taxes
All you need to know about Vancouver's Empty Homes Tax
Monday, January 27, 2025
Home owners will have received a property status declaration from the City to determine if their property is subject to the Empty Homes Tax.
GVR
How to translate our website into different languages
Friday, January 17, 2025
Learn how to see websites, including GVR's, in other languages. (1 minute read)
Market Trends
GVR's 2025 H1 residential market forecast: Strong year ahead for real estate
Thursday, January 16, 2025
With a strong end to 2024, we're forecasting 2025 as a strong year for the real estate market. (2 minute read)
Home Ownership
Property assessments see minimal increases for 2025
Friday, January 10, 2025
There are no surprises this year as assessment changes remained small in Greater Vancouver. (5 minute read)
Market Insights Video
Year-end 2024 Market Insights
Thursday, January 9, 2025
Metro Vancouver home sales registered a strong finish to cap off 2024, signalling strengthening demand-side momentum as we move into the new year. (2:44 minute video)
Market Trends
Deal volume drops in aftermath of capital gains policy deadline
Monday, January 6, 2025
Increasing the capital gains inclusion rate this year significantly reduced commercial transactions in the Lower Mainland. (2 minute read)
Market Insights Video
November 2024 Market Insights
Friday, December 6, 2024
Home sales rose 28 percent year-over-year in November, building on the momentum of the 30 percent year-over-year increase in October. (2:25 minute video)
Taxes
Comparing the provincial and federal home flipping taxes
Thursday, December 5, 2024
On Jan 1, 2025, the new BC home flipping tax will be added alongside the federal flipping tax. Here's how they work. (2 min read)
Home Ownership
Radon gas is a silent threat you might not know about
Thursday, November 14, 2024
Find out why radon gas can be dangerous to your health, and what you can do about it. (2 minute read)
Market Insights Video
October 2024 Market Insights
Tuesday, November 5, 2024
In a change of pace, Metro Vancouver home sales surged more than 30 per cent year-over-year in October. (2:37 minute video)
Economics Microsite
The Lede: Does the perfect price metric exist?
Saturday, October 26, 2024
How do we actually know what property values are doing at any given point in time? (5 minute read)
Professionalism
Your real estate team is bigger than you think.
Monday, October 7, 2024
The goal of Greater Vancouver REALTORS® is to provide Realtors and Brokers with the tools, data, systems, and training to effectively serve buyers and sellers.
Market Insights Video
September 2024 Market Insights
Monday, October 7, 2024
Home sales declined in September suggest recent reductions in borrowing costs have had limited effect in spurring demand to date. (2:39 minute video)
Market Trends
Transaction levels spike ahead of new capital gains policy deadline
Friday, October 4, 2024
Commercial transactions were up year-over-year in the second quarter of 2024. (2 minute read)
Economics Microsite
GVR Economics - Ears on Fire
Monday, September 16, 2024
Is someone in Ottawa reading this blog? With the Feds raising the cap on insured mortgages to $1.5m today, it sure seems like it! (2 minute read)
Market Insights Video
August 2024 Market Insights
Tuesday, September 10, 2024
Home sales remained below their ten-year seasonal averages in August as summer holidays come to a close. (2:41 minute video)
Economics Microsite
2024 H2 forecast: Mid-year update and review
Wednesday, September 4, 2024
The market has shifted in some expected and unexpected ways since we published our first-half (H1) forecast in January. (1 minute read)
Market Insights Video
July 2024 Market Insights
Thursday, August 8, 2024
Newly listed properties on the MLS® rose nearly twenty per cent year over year in July, sustaining a healthy level of inventory. (2:31 video)
Economics Microsite
The Lede - Rate cuts!
Monday, July 29, 2024
What happens to the housing market when interest rates start coming down? Check out Andrew Lis' new analysis. (4:55 video)
Legislation & Regulations
New eviction rules: Landlords required to use new website to create personal-use eviction notices, and more
Tuesday, July 23, 2024
New rules require BC landlords use a web portal to create eviction notices, alongside other requirements. (3 minute read)
Market Insights Video
June 2024 Market Insights
Tuesday, July 9, 2024
Home sales were down in May while inventory continues to increase in the region. (2:35 minute video)
Market Trends
Early signs of strength returning to commercial market
Tuesday, July 2, 2024
Transactions showed renewed signs of strength in Q1 2024, with total transaction volumes over 10 per cent year-over-year. (3 minute read)
Economics Microsite
Who’s listing? Is everyone listing their home for sale?
Tuesday, June 25, 2024
For sale sign's may be popping up, but who's selling, and is it the same elsewhere? (4 minute read)
Market Insights Video
May 2024 Market Insights
Monday, June 10, 2024
Home sales were down in May while inventory continues to increase in the region. (2:35 minute video)
Urban Planning
Delta making it easier to build a secondary suite
Wednesday, May 22, 2024
The new Home Suite Home program aims to encourage property owners to add a secondary suite to their home. (3 minute read)
Taxes
Property Transfer Tax fact sheet
Wednesday, May 22, 2024
Want to know more about the PTT? Check out this fact sheet. (7 minute read)
Taxes
Vancouver’s Empty Homes Tax
Tuesday, May 14, 2024
Each year Vancouver home owners must declare their property status to see if it's subject to the city's Empty Home Tax.
Home Buying
Home buyers: 5 tips to prepare for a busy market
Tuesday, May 14, 2024
Before you begin home hunting, get prepared using these five simple steps to mitigate your risk so there are no unwanted surprises. (2 minute read)
Legislation & Regulations
New regulations help close strata deprecation report loophole
Monday, May 13, 2024
Strata corporations can no longer indefinitely defer strata depreciation reports. (2 minute read)
Market Insights Video
April 2024 Market Insights
Thursday, May 9, 2024
Although the housing inventory has climbed steadily since the increase in interest rates, demand hasn't weakened. (2:42 minute video)
Taxes
A closer look at changes to the federal capital gains tax
Thursday, May 2, 2024
What changes are coming to the capital gains tax, and how it could affect you. (4 minute read)
Legislation & Regulations
City of Vancouver doesn’t have the authority to limit rent increases
Tuesday, April 30, 2024
This BC Supreme Court decision protects landlords' rights from additional rent restrictions beyond provincial regulations. (2 minute read)
Home Ownership
20 grants and rebates for homebuyers and owners
Thursday, April 25, 2024
Save money using these grants and rebates. (6 minute read)
Legislation & Regulations
More protections for renters, landlords, parents, and families
Friday, April 19, 2024
These proposed amendments look to restrict rent increases, resolve rental disputes faster, and more. (3 minute read)
Home Buying
Finding the right strata property for you
Monday, April 8, 2024
If you plan to buy a strata property, check out the strata council minutes, contingency fund, and more.
Market Insights Video
March 2024 Market Insights
Friday, April 5, 2024
The number of listings rose nearly 23 per cent year-over-year, providing more opportunity for buyers. (2:08 minute video)
Economics Microsite
Find reports, housing data, and more on GVR’s new Economics Microsite
Thursday, March 28, 2024
Using this site, you can find everything GVR Economics produces all in one place. (1 minute read)
Market Trends
Lower Mainland’s 2023 commercial real estate market activity slowest in four years
Monday, March 25, 2024
Review GVR's 2023 year-end Commercial Edge market report. (2 minute read)
Home Ownership
Prepare your home for sale
Tuesday, March 12, 2024
Are you thinking of selling your home? Before your REALTOR® begins showing your home, you will want to make sure it’s in tip-top condition.
Market Insights Video
February 2024 Market Insights
Monday, March 11, 2024
New listings rose 31 per cent year-over-year in February, bringing a significant number of properties to the market. (2:14 minute video)
Legislation & Regulations
Land Act amendments on hold
Monday, February 26, 2024
The government's proposed land-sharing agreement with First Nations groups will undergo further consultation. (2 minute read)
Legislation & Regulations
BC government announces PTT changes, flipping tax in new budget
Monday, February 26, 2024
Here's a summary of the new housing measures in the BC budget announced on February 22, 2024.
Professionalism
Introducing our new brand! REBGV to become Greater Vancouver REALTORS® on February 12
Thursday, February 8, 2024
We're officially changing to Greater Vancouver REALTORS® starting on February 12! (2 minute read)
Market Insights Video
January 2024 Market Insights
Thursday, February 8, 2024
Conditions in January began shifting back in favour of sellers as the pace of newly listed properties didn't keep up with home sales. (2:33 minute video)
Market Trends
Commercial real estate market begins to find its footing in Q3 2023
Friday, January 26, 2024
Year-over-year figures mask an emerging pattern of stability coming back into the Lower Mainland's commercial real estate market. (2 minute read)
Taxes
What you need to know about BC's Speculation and Vacancy Tax
Friday, January 26, 2024
Detailed information about BC's SVT and property exemptions. (4 minute read)
Economics Microsite
What will Greater Vancouver's commercial property market look like in 2024?
Thursday, January 25, 2024
Our latest commercial forecast shows an optimistic look at 2024. (2 minute read)
Home Ownership
New regulations for stratas help get more electric vehicles on the road
Thursday, January 18, 2024
These regulations outline a process for strata property residents to request to install an EV charging station. (2 minute read)
Economics Microsite
What will home sales look like in the first half of 2024?
Thursday, January 11, 2024
Our latest forecast looks at last year to help to predict what the housing market will look like in the first half of 2024. (2 minute read)
Market Insights Video
December 2023 Market Insights
Tuesday, January 9, 2024
Housing market ends 2023 with a balanced market, but totals mask surprising resilience despite highest borrowing costs in over a decade. (2:27 minute video)
Legislation & Regulations
Metro Vancouver regulates wood burning fireplaces and stoves
Monday, December 18, 2023
Metro Vancouver is reducing pollution by regulating wood burning appliances. Does this affect you? (3 minute read)
Urban Planning
Building homes faster and cheaper with ready-made designs
Wednesday, December 13, 2023
The BC government plans to create up to 10 standardized home designs inspired by the Vancouver Special. (2 minute read)
Home Ownership
Seniors aging in place, longer
Wednesday, December 13, 2023
How will the increasing number of senior households affect the real estate market? (2 minute read)
Market Insights Video
November 2023 Market Insights
Monday, December 11, 2023
A steady increase in housing inventory offers home buyers among the largest selection to choose from since 2021. (2:19 minute video)
Home Ownership
4 things to know about heat pumps
Tuesday, November 28, 2023
Learn how heat pumps are an energy-efficient way of transferring heat in and out of a home. (3 minute read)
Home Buying
How rising mortgage rates affect insured mortgages
Thursday, November 23, 2023
Since June 22, 2022 chartered banks have repeatedly raised their posted mortgage rates in response to higher bond yields. (1 minute read)
Home Buying
CMHC tightens lending standards, making homes less affordable
Monday, November 20, 2023
Since July 1, 2020, it has become increasingly more difficult for first-time home buyers to buy a home. (2 minute read)
Home Buying
A closer look at bank rates
Monday, November 20, 2023
Home buyers with less than a 20 per cent down payment applying for a high-ratio mortgage with a regulated financial institution are typically offered a contract mortgage interest rate.
Home Buying
How mortgage stress test changes affects home buyers
Friday, November 17, 2023
Check how the stress test may affect you, with examples of buying an apartment, an attached home, and a detached home. (3 minute read)
Legislation & Regulations
How will the 2021 mortgage stress test rules impact Metro Vancouver real estate?
Thursday, November 16, 2023
The new rules as of June 1, 2021 will dampen mortgage credit growth, but should have a modest effect on home sales and prices. ( 1 minute read)
Market Insights Video
October 2023 Market Insights
Tuesday, November 7, 2023
Increase in newly listed properties providing more choice to home buyers, but sales remain below long-term averages.
Home Buying
Private insurers offer options
Thursday, November 2, 2023
Private insurers have not been required to follow CMHC's lead and tighten lending standards. (2 minute read)
Home Ownership
Financing your home
Wednesday, November 1, 2023
When you're looking to buy a home, it's important to understand the steps for getting a mortgage. (3 minute read)
Market Insights Video
September 2023 Market Insights
Tuesday, October 10, 2023
Due to an increase in the number of homes listed and higher mortgage rates, prices gains have slowed.
Legislation & Regulations
Interest, fees increase amount owed for property tax deferment
Friday, October 6, 2023
If your clients are deferring their property taxes, interest rates and fees will increase the amount they owe. (2 minute read)
Economics Microsite
2023 Market Forecast Review: Looking Back, Looking Ahead | REBGV event
Wednesday, September 27, 2023
REBGV Director, economics and data analytics presented his updated market outlook to REALTORS® at an online event in September. (1:23:52 video)
Urban Planning
Vancouver allows up to eight units on single family lots
Monday, September 25, 2023
The change aims to address the housing crisis and simplify zoning regulations. (2 minute read)
Market Trends
Increased costs contribute to reduced sales, dollar values across commercial market
Monday, September 18, 2023
Slower activity marked the second quarter of the commercial real estate market in the Lower Mainland. (1 minute read)
Economics Microsite
Will home sales stay resilient in the face of high interest rates?
Thursday, September 7, 2023
Our forecast checks market trends and economic factors to predict what the housing market will look like in the rest of 2023. (2 minute read)
Taxes
Will I have to pay capital gains when I sell my house?
Thursday, September 7, 2023
Read about the conditions required for paying capital gains, and what you need to do even if you don't have to pay. (2 minute read)
Market Insights Video
August 2023 Market Insights
Wednesday, September 6, 2023
Higher borrowing costs begin to affect the housing market, with price gains cooling and sales slowing along the typical seasonal pattern. (2:25 minute video)
Taxes
Why do I have to pay property taxes on the house I’m buying?
Friday, September 1, 2023
Property taxes in BC are due the first business day after July 1. If you buy a home at another time, you may have to pay a share of the year to avoid a penalty.
Home Ownership
Taking care of your yard during a heat wave and drought
Monday, August 28, 2023
Here's how to make your lawn and garden look good when the weather isn't. (2 minute read)
Legislation & Regulations
Homeownership rates decline – purpose-built rentals can help
Monday, August 28, 2023
Declining homeownership rates spark investment in purpose-built rentals as solution. (2 minute read)
Taxes
Empty Homes Tax put to good use – Vancouver creates affordable housing
Thursday, August 24, 2023
Affordable housing projects in Vancouver received grants worth over $8.7 million, partially from Vancouver’s EHT. (1 minute read)
Market Insights Video
July 2023 Market Insights
Tuesday, August 8, 2023
Home prices for all home types rose again as strong sales push up against low housing inventory. (2:22 minute video)
Legislation & Regulations
REBGV recommends policy changes to improve housing affordability and availability in BC
Tuesday, July 25, 2023
Read about the three tax-related recommendations REBGV made to the provincial government to ease housing. (3 minute read)
Home Ownership
Asbestos remediation – new certification required for contractors
Tuesday, July 18, 2023
Home owners looking to renovate older homes will need to ensure their contractors are certified. (2 minute read)
Market Insights Video
June 2023 Market Insights
Wednesday, July 12, 2023
The benchmark price for all home types increases again this month as buyers vie for a limited number of homes for sale.
Home Buying
Lower Mainland REALTORS® to enhance transparency for buyers involved in a multiple offer situation
Thursday, July 6, 2023
Home buyers in a multiple offer situation will soon receive additional information about other competing offers.
Economics Microsite
The Lede: The Million Dollar Wall
Thursday, July 6, 2023
The property ladder is broken. In the latest Lede, Andrew Lis gives his take, and how it can be fixed. (9:33 video, 10 minute read)
Market Trends
Lower Mainland's commercial real estate market down in the first quarter of 2023
Thursday, June 29, 2023
Review the Q1 2023 commercial stats package. (2 minute read)
Taxes
Putting Property Transfer Tax revenue to work
Tuesday, June 27, 2023
Our recommendations to the provincial government on how the PTT can be used to help build more affordable homes. (2 minute read)
Urban Planning
What well-designed density looks like: Southlands in Tsawwassen
Monday, June 19, 2023
This area demonstrates a new model of well-designed density through innovative practices. (2 minute read)
Urban Planning
BC government identifies 47 municipalities that must densify
Friday, June 9, 2023
The identified municipalities must address local barriers to construction and update zoning bylaws. (2 minute read)
Market Insights Video
May 2023 Market Insights
Thursday, June 8, 2023
The housing market is showing signs of heating up as summer arrives, with prices increasing for the sixth consecutive month.
Economics Microsite
The Lede: What’s (not) happening with new listings in Metro Vancouver?
Tuesday, May 16, 2023
Listings are low so far this year, but why? REBGV's Director Economics and Data Analytics Andrew Lis has a theory. (6:38 video, 8 minute read)
Urban Planning
Disaster funding for flooding makes local communities safer
Thursday, May 11, 2023
Learn more about initiatives to mitigate flood damage and assess flood risks around Greater Vancouver. (3 minute read)
Legislation & Regulations
New exemptions to strata age restriction bylaws
Wednesday, May 10, 2023
The new exemptions include future children, dependents, and spouses/partners. (1 minute read)
Home Ownership
6 bathroom renovation mistakes to avoid
Monday, May 8, 2023
Avoid costly mistakes for a worry-free bathroom reno. (2 minute read)
Market Insights Video
April 2023 Market Insights
Thursday, May 4, 2023
With listing activity remaining below historical norms, home sales in Metro Vancouver have mounted a surprising comeback. (1 minute read, 2:14 minute video)