Appraisal Institute of Canada - BC Association

Appraisal Institute of Canada - BC Association The Appraisal Institute of Canada – BC is the provincial association of the Appraisal Institute of

08/19/2026

AIC-BC is thinking of all those affected by the ongoing wildfires across the Okanagan and other parts of British Columbia, including our Members, their families, colleagues, clients, and communities.

As the wildfire situation continues to impact communities across the province, AIC-BC has established a fundraising campaign through United Way to support programs and services for B.C. residents recovering from wildfires.

Members are invited to support the campaign by donating or sharing the link within their networks.

Support the AIC-BC Wildfire Relief Campaign: https://secure.qgiv.com/for/aicbcwildfire/

Wildfire resources and support:
BC Wildfire Service:
https://wildfiresituation.nrs.gov.bc.ca/

EmergencyInfoBC:
https://www.emergencyinfobc.gov.bc.ca/

Emergency Support Services:
https://ess.gov.bc.ca/

For wildfire-specific emergency updates, you can also use:
https://www.emergencyinfobc.gov.bc.ca/hazard/wildfire

Members who are directly impacted and require support are encouraged to contact the AIC-BC office at 604-284-5515.

Save the date for the AIC-BC North Chapter Fall Education Event in Prince George.This two-day event will bring North Cha...
08/17/2026

Save the date for the AIC-BC North Chapter Fall Education Event in Prince George.

This two-day event will bring North Chapter Members together for an evening reception and social, followed by a Chapter meeting and two (2) education sessions.

Event details:
September 18, 2026
6:00 pm to 8:00 pm
Reception and Social
Cash Bar | Dinner Included

September 19, 2026
9:00 am to 3:00 pm
Chapter Meeting and Education Sessions

Location:
Sandman Signature Hotel Prince George
2990 Recplace Drive
Prince George, BC

Registration: https://www.aicanada.ca/aic-events/event-registration/?e=BCNT92026

08/14/2026

Every appraiser remembers something they had to learn through experience.

For , technical knowledge matters, but so do judgment, mentorship, local market understanding, and the ability to ask the right questions.

What advice would you give to a Candidate appraiser starting out today?

Your answer may help someone new to the profession see what the work is really about.

Not all comparable sales tell the same story.In today’s development land market, foreclosure sales may be part of the av...
08/10/2026

Not all comparable sales tell the same story.

In today’s development land market, foreclosure sales may be part of the available market evidence, but they still require careful review.

For , the question is not only whether a sale is comparable. It is also how the transaction happened, who was involved, what motivations may have influenced the price, and how the sale reflects broader market behaviour.

AIC-BC’s upcoming webinar will explore the "Use of Foreclosure Sales to Determine Market Value", with a focus on multi-family development land in the Lower Mainland.

Details + Registration: https://ow.ly/aEqQ50Zwqip

Recent GDP data shows how closely real estate connects to broader economic conditions.Reuters reported that Canada’s eco...
08/10/2026

Recent GDP data shows how closely real estate connects to broader economic conditions.

Reuters reported that Canada’s economy grew by 0.3% in May, with gains in goods-producing industries and activity in sectors including construction, real estate, rental, and leasing.

For , economic data is one part of the broader context behind property analysis. Market activity, construction conditions, financing, local demand, and regional differences all help inform how real estate is understood.

Property decisions are strongest when they are grounded in evidence, context, and professional judgment.

Source: https://www.reuters.com/world/americas/canadian-economy-grew-by-greater-than-expected-03-may-2026-07-31/

Canada's economy grew by a greater-than-expected 0.3% in May and looks set to turn in its best annualized quarterly performance for more than three years, official data indicated on Friday.

08/07/2026

Understanding a property means looking beyond the building itself.

Location, access, zoning, market evidence, physical characteristics, surrounding land use, and community context can all contribute to a more complete understanding of value.

But every assignment brings its own layers of complexity.

For :
What is one factor you think is often underestimated when people talk about property value?

Climate risk is no longer a distant issue for the real estate sector. It is increasingly connected to insurance, lending...
08/05/2026

Climate risk is no longer a distant issue for the real estate sector. It is increasingly connected to insurance, lending, construction, community planning, and property value.

Wildfire exposure, flood risk, rebuilding costs, policy restrictions, and resilience upgrades are becoming part of the broader conversation around real property.

As climate-related risks become more visible, have an important role to play in helping property stakeholders understand value in a more complex environment.

Related reading:
Statistics Canada on extreme weather and insurance: https://ow.ly/RqQN50Zmflf
AIC on climate risk and property appraisals: https://ow.ly/LBQu50Zmflc

Climate change-influenced extreme weather events, such as floods, ice storms and wildfires, pose a growing physical threat to properties across Canada. Recent studies have shown

Please be advised that our office will be closed on Monday, August 3rd for BC Day. We will reopen our office on Tuesday....
07/31/2026

Please be advised that our office will be closed on Monday, August 3rd for BC Day. We will reopen our office on Tuesday. We hope everyone has a safe and restful long weekend.

Across Canada, housing headlines continue to show a mixed picture: signs of renewed activity, uneven price movement, reg...
07/29/2026

Across Canada, housing headlines continue to show a mixed picture: signs of renewed activity, uneven price movement, regional differences, changing inventory levels, and ongoing affordability pressures.

For appraisers, this is where professional judgment matters.

Reliable valuation is not just about reading the latest market number. It is about understanding the property, the neighbourhood, the comparable evidence, the broader economic context, and the purpose of the assignment.

In a market where conditions can vary significantly by region, property type, and buyer segment, independent valuation expertise helps support better decisions across lending, real estate, taxation, insurance, investment, and public policy.

Property value is rarely one-dimensional. help bring context to the number.

Related reading:
CREA housing market update: https://stats.crea.ca/en-ca/
BCREA Housing Forecast: https://www.bcrea.bc.ca/economics/housing-forecast/

To view the full interactive BCREA Housing Forecast, click here. To download the PDF, click here. Vancouver, BC – April 27, 2026. The British Columbia Real Estate Association (BCREA) released its 2026 Second Quarter Housing Forecast today. Multiple Listing Service® (MLS®) residential sales ...

Land use continues to be a central part of BC’s housing and development conversation.Recent local coverage has highlight...
07/22/2026

Land use continues to be a central part of BC’s housing and development conversation.

Recent local coverage has highlighted public land mapping, affordable housing potential, and Vancouver’s ongoing planning work around neighbourhood density through the Villages Plan.

For , these discussions are significant. Land value is shaped not only by current use, but also by policy direction, permitted density, infrastructure capacity, redevelopment potential, location, market demand, and more.

Independent appraisal expertise helps connect planning conversations with market evidence and professional judgment, supporting clearer decisions around land, housing, and long-term community growth.

Public land story: https://www.timescolonist.com/local-news/map-of-publicly-owned-land-designed-to-boost-affordable-housing-12500656

Villages Plan: https://www.shapeyourcity.ca/villages

繁體中文 | 简体中文 | Tagalog | Español | ਪੰਜਾਬ | Tiếng Việt The Vancouver Official Development Plan identifies 25 Villages envisioned as vibrant hubs with diverse housing options and essential shops and services within a short walk, bike, or roll. The Villages planning progra...

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