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New Real Estate Consumer Protections In BC | 2022

The Province of BC and the BCFSA has announced new proposed consumer protection measures to require cooling off periods for resale and newly built properties in BC, with an intended roll out slated for Spring 2022. Will this slow the current growth of the BC housing market? Will it protect Buyers and increase access to Real Estate?

In this video, Surrey Real Estate specialist Steve Karrasch of Macdonald Realty, walks through the potential benefits, drawbacks and unintended consequences of mandating a cooling off period for BC resale properties and newly built homes.

BC working to strengthen protection for home buyers: https://news.gov.bc.ca/releases/2021FIN0070-002097

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If you are looking for help or have any questions regarding real estate in Surrey, Metro Vancouver or the Fraser Valley, please reach out below using which ever way is most convenient.

book time with Steve
call or text: 604-549-5828
email: steve@krproperties.ca