Real Estate
Homebuyer Protections To Reduce Risk From Overheated Market
With out-of-control bidding wars and no-condition offers putting people at risk, the BC New Democrat government’s plan for homebuyer protection, sometimes referred to as a cooling-off period, will give people peace of mind in the overheated housing market.
FVREB Posts Record Volume Of New Listings In February
Buyers of Fraser Valley real estate had significantly more inventory to choose from last month due to a record-breaking volume of new listings received for the month of February.
The Rise Breaks Ground On New World-Class Venue For Top-Ranking Vernon
“Vernon, British Columbia, can be thinking big and building boldly when it comes to its venues and experiences,” says Ian Renton, The Rise General Manager. With an exceptional season of golf behind them, The Rise is breaking ground on their restaurant and event venue, with a tentative grand opening of 2023.
NDP Failures Have Made the Fraser Valley too Unaffordable
MLA for Abbotsford South Bruce Banman is calling for action to address skyrocketing housing prices in the Fraser Valley, which are 40 per cent higher compared to last year.
Glimmer of Hope for Fraser Valley Home Buyers As New listings Surge in January
On the heels of the busiest year in history for Fraser Valley real estate, January activity saw the beginnings of a market rebalancing. Overall property sales – still the third highest ever for January – cooled compared to December while the volume of new listings improved significantly.
NDP Admit their Housing Plan is a Resounding Failure
As the cost of housing in British Columbia continues to soar to new heights, the BC Liberals are renewing their calls for the NDP to focus on increasing housing supply —something the Housing Minister has only recently conceded is critical to improving affordability.
IRL Construction Wins ICBA’s Top Safety Award
ICBA President Chris Gardner presents the Gord Stewart Safety Award to IRL Construction’s (from left) William Donnellan, Aaron Lacey, Laura Donnellan, and Jennifer Rafer.
Strong Response to Skilled Trades Certification Consultation
Hundreds of tradespeople and employers have shared their insights about how the Province can implement skilled trades certification to support higher-paying, more stable employment.
More Work, Higher Wages, and a Desperate Need for More People, says ICBA Construction Survey
B.C.’s construction industry is expecting more work and significant pay increases for workers in 2022, while dealing with the most significant labour shortage in decades, according to the results of a survey of Independent Contractors and Businesses Association (ICBA) member companies.
Canadian housing crisis worse than ever as Liberals sit by
“Trudeau made a lot of big promises on housing during the election, it’s time he stuck to them. New Democrats will keep fighting to help families find a place to live.”
Record number of new homes registered in B.C.
New data released by BC Housing shows a record number of new homes registered in British Columbia in 2021.
Registered new homes data is collected at the beginning of a project, before building permits are issued, making it a leading indicator of housing activity in B.C.
Fraser Valley Real Estate Market Sees Busiest Year in 100-year History
Fueled by the consumer response to the COVID-19 pandemic along with historically low interest rates, total property sales in the Fraser Valley in 2021 shattered the previous annual record last set in 2016.
Construction Challenged by Supply Chain Issues: ICBA Survey
More than three-quarters of B.C. construction businesses are experiencing supply chain challenges, according to the results of a survey of Independent Contractors and Businesses Association (ICBA) member companies.
Surrey’s Property Tax Rate Amongst the Lowest in Metro Vancouver
Safe Surrey Coalition-led City Council holds line for taxpayers while making huge community investments