Wednesday, March 08, 2006

  VIREB Ready To Work With All Federal Parties
News Release: January 24, 2006

NANAIMO, BC. The President of the Vancouver Island Real Estate Board (VIREB) is pleased with the Conservative minority win in the Monday federal election, and is ready to work with all parties.

"As an industry, we are ready to work with all political parties to make the Parliament in Ottawa continue working smoothly," explains Darrell Paysen, REALTOR with Sutton-Group Resource Realty in Duncan and VIREB President.

"As a Board, we would like to congratulate all of the successful MPs across Vancouver Island. We are ready to work with the Conservatives, Liberals and the NDP."

Paysen says VIREB would also like to congratulate all of the volunteers and candidates from the real estate industry. "It takes a lot of time and energy to take a run at public office."

VIREB represents approximately 990 licensed REALTOR members in more than 79 member offices on Vancouver Island (North of Victoria).

Paysen says with a 22 per cent average house price increase across the region in 2005, REALTORS are very committed to continuing to grow the Island economy.

"The Canadian Real Estate Association has been actively lobbying for a strong federal role in housing and believe there should be a minister of housing in the federal Cabinet," Paysen outlines.

REALTORS have long advocated that the federal government incorporate systematic national debt reduction, spending restraint, and tax reduction as the basic underlying principles to guide the management of the nation's finances.

Paysen says the industry is also looking for an increase in the loan limit on the Home Buyers plan to $25,000, and revisions to the GST new housing rebate.

"When the Conservatives were in Opposition, they were responsive to our issues. We will be watching closely to see how they handle these issues once they form government."

REALTOR is a trademark identifying real estate professionals who are members of the Canadian Real Estate Association (CREA). VIREB REALTORS are also members of the British Columbia Real Estate Association (BCREA). MLS is a cooperative marketing system used by Canada's real estate boards.

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