• Hot Vancouver real estate market needs post-bid ‘cooling off’ period, says association

    The Home Inspectors Association of B.C. is calling for the province to implement a mandatory post-bid “cooling off period” so prospective homebuyers can get a property inspected before they purchase it.

    The association says homebuyers are increasingly bypassing inspections to win bidding wars in the red-hot housing market in Metro Vancouver.

    “The market is so hot, if you put that subject in, you’re not going to get a house,” said Vince Burnett, president of the Home Inspectors Association of B.C.

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