In this week’s edition of ‘In the Media’, we have news on the BC Government’s initiatives to crack down on ‘shadow flipping’, an update to the case regarding the Surrey REALTOR® attacked during an open house, and perspective on the current market and most recent statistics for the Fraser Valley.
On the BC Government’s response to ‘shadow flipping’
On Tuesday, BC Finance Minister Mike de Jong announced new rules in response to the recent shadow flipping controversy. You can read a CBC article that details the announcement here, and the Board’s article that provides further information and also what you need to know regarding revised forms and requirements here.
Video surveillance of suspect who attacked a Surrey REALTOR® released
This week, Surrey RCMP released a photo and video surveillance of the suspect who they presume to have attacked a Surrey REALTOR® during an open house earlier this month. You can view the photo and video here. Please contact the RCMP if you have any information relating to this individual.
In other news
- President Charles Wiebe was featured in articles from the Surrey Leader and Abby News discussing the Fraser Valley market and most recent statistics from our Board.
- The Province covered the recent jump in sales across BC in their article ‘Billions change hands as April home sales set record in BC’
- The Globe and Mail – Canada remains laggard in foreign ownership registry
- The Lower Mainland isn’t the only hot market in the province. BC Local News reports that the ‘South Okanagan real estate market is booming’, too.
And that’s it for this week’s ‘In the Media’. See you next time with more on what’s happening in Fraser Valley real estate.