Skip to main content
(604) 971-1985
(604) 971-1986
info@jamietalebnotary.com
Notary Public North Vancouver (Lonsdale)
Notary Public West Vancouver

Office Operation Updates


Jul 31, 2016

Tight Market Conditions Prevail Around the Province

Vancouver, BC – July 14, 2016. The British Columbia Real Estate Association (BCREA) reports that a record 12,906 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June, up 14.3 per cent from the same month last year. Total sales dollar volume was $8.97 billion in June, up 25.7 per cent compared to the previous year. The average MLS® residential price in the provinc…

Jul 31, 2016

Bank of Canada Interest Rate Announcement – July

The Bank of Canada announced this morning that it is holding its target for the overnight interest rate at 0.5 per cent. In the press release accompanying the decision, the Bank noted that inflation is on track to return to its target of 2 per cent by 2017, though heightened global uncertainty presents a risk to that forecast.  The Bank judges the overall risks to its forecast as roughly balanc…

Jul 11, 2016

Metro Vancouver Edition – June

  Please click on the image for a full size view    

Jun 29, 2016

Metro Vancouver Edition – May

Please click on the image for a full size view  

May 27, 2016

New Contract Assignment Requirements

As of May 16, 2016, new provincial rules relating to the assignment of real estate contracts will be in force. The provincial government has amended the Real Estate Services Regulation (the “Regulation”), and these new requirements will apply in all transactions where a licensee is acting for the seller and/or the prospective buyer of real estate. To find out more about contract assignments an…

May 13, 2016

New Restrictions on Assignments of Contracts of Purchase and Sale

The Province has announced new regulations pursuant to the Real Estate Services Act (“RESA”) that impose new duties on licensed B.C. real estate agents effective May 16, 2016, that will restrict the assignment of contracts of purchase and sale of real estate.  The Regulations are intended to cool the overheated real estate market and reduce the number of contracts being assigned or flipped. Th…

May 13, 2016

Contract Changes Benefit Real Estate Consumers

Vancouver, BC – May 10, 2016. Consumer awareness took a step forward with the announcement of new requirements for real estate contracts. Following on a promise made by Premier Clark in March, as of May 16, 2016 the government will require contracts prepared by real estate licensees to include clauses stating that the contract cannot be assigned without the written consent of the seller, and th…

May 13, 2016

Canadian and US Employment – May 6, 2016

Employment in Canada was essentially unchanged in April following a surge of job growth in March. Total employment fell by 2,100 jobs and the national unemployment rate held steady at 7.1 per cent.  Total hours worked, which is closely associated with economic growth, increased by 0.9 per cent over the past 12 months. Employment in BC continued to expand, rising by 13,000 jobs in April which h…

May 13, 2016

Home sales remain at record levels across Metro Vancouver

Last month was the highest selling April on record for Metro Vancouver. Residential property sales in the region totalled 4,781 in April 2016, an increase of 14.4 per cent from the 4,179 sales recorded in April 2015 and a decrease of 7.6 per cent compared to March 2016 when 5,173 homes sold. April sales were 41.7 per cent above the 10-year sales average for the month. “Home buyer competition…

© 2014- Jamie Taleb Notary Public | All Rights Reserved.
Vancouver Web Design & SEO by ProLoyalWeb

Back to Top