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British Columbia Home Sales Up 33.5% Year-Over-Year

British Columbia Home Sales Up 33.5% Year-Over-Year

by Phil Hall | Nov 26, 2024 | Current News & Events, International Real Estate News, Market Snapshot, Real Estate News, WRE News Exclusive

British Columbia recorded a total of 7,119 residential unit sales in October, a 33.5% spike from one year earlier. According to data from the British Columbia Real Estate Association (BCREA), last month’s total sales dollar volume was $6.9 billion, up 33.8% from...
British Columbia Real Estate Association Calls for Review of Short-Term Rental Ban

British Columbia Real Estate Association Calls for Review of Short-Term Rental Ban

by Phil Hall | Sep 23, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The British Columbia Real Estate Association (BCREA) is seeking a review of the province’s recently passed ban on short-term rentals, stating they have created disruptions in the local business and tourism sectors. The British Columbia government enacted a widespread...
British Columbia Real Estate Lawyer Disbarred for Third Time

British Columbia Real Estate Lawyer Disbarred for Third Time

by Phil Hall | Sep 20, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

A British Columbia real estate lawyer was declared “ungovernable” and disbarred for a third time by a Law Society of B.C. panel. The CBC reported the Law Society found the Richmond-based Hong Guo engaged in “repetitive, protracted and serious”...
Report: Immigrant Influx Exacerbates British Columbia’s Housing Problems

Report: Immigrant Influx Exacerbates British Columbia’s Housing Problems

by Phil Hall | Jul 12, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The influx of immigrants into British Columbia is exacerbating the province’s housing market challenges, according to “BC Check-Up: Live,” an annual report by the Chartered Professional Accountants of British Columbia (CPABC). According to the report, British Columbia...
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