July 2022

2023 Homebuyer Protection Plan (HPP)

Posted on Jul 27, 2022

Last week the provincial government announced the roll out of their Homebuyer Protection Plan (HPP).

This new measure will begin January 2023.  The Victoria Real Estate Board, the other provincial boards and BCREA will continue to work with the BC Financial Services Authority preparing for the introduction and implementation of the HPP.

Please note t...

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Understanding Parking and Storage Designations

Posted on Jul 13, 2022

Articel courtesy of condo clear services - condoclear,ca

Most buildings that were built in the 90s or earlier came with more parking stalls and storage lockers than units. Today, we’re seeing many new strata developments that have less parking stalls and storage than units, which makes these components that much more important and valuable to consum...

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