A home is an important part of the enviable quality of life many British Columbians seek. REALTORS® hear this every day from their clients all around the province.

On this website, the British Columbia Real Estate Association (BCREA) offers several suggestions to match housing supply with demand and to improve the ability of residents to buy and rent appropriate homes. These recommendations are grouped under five pillars that support market housing affordability.

The new BC government has identified housing affordability as a key concern. BCREA will continue to advocate on our policy positions to all elected officials.

For more information about BCREA’s recommendations, click on the icons on this page. To be part of the conversation, engage on social media using #housingaffordability, and follow BCREA on Twitter (@bcrea) and Facebook.

Government Action on Housing Affordability
  • November 23, 2017: The City of Vancouver's 10-year housing strategy calls for 72,000 new units of housing. (City of Vancouver)
  • November 22, 2017: The federal government's National Housing Strategy commits $40 billion over 10 years to increase housing supply and improve housing affordability. (Government of Canada)
  • September 11, 2017: The provincial's government's 2017 Budget Update includes new funding for affordable rental housing and supports for the Residential Tenancy Branch. (Government of BC)
  • July 23, 2017: A City of Vancouver pilot program aims to provide 1,000 new affordable rental homes in the Cambie corridor. (City of Vancouver)