The soothe of the rain… the calm after the thunderstorm? It grounds us humans, doesn’t it? And when we’re grounded, we start thinking about our nests,  our comfort, and what we want next. Maybe it’s shifting towns, chasing a view, tucking away in a forest, to grow a bigger garden, or finding a home close enough for the kids to walk to school.

Security settles in when we feel grounded, and a good hard rain paired with a thunderstorm is a recipe from the Gods of grounding!

We humans tend to feed off the same cues. When the market stirs, it’s because we all start opening our Realtor.ca apps at the same time… all start feeling that little itch: Maybe I should go look at that cute house I’ve been eyeing. The crispy outer shell of summer steam, the muggy middle air…  it’s beginning to fuel us.

So when my pickleball crew says, “Finally, I’m getting busy again”,  and it’s only the beginning of August, that’s either a bump toward the shift… or it is the shift.

We’ve been in a lull for over a year now. Not that homes aren’t selling — they are! It’s just meant three showings and then an offer, instead of dozens of showings. Moire price drops. Longer listing wait times. Exhausted sellers pulling their homes off the market to “wait for better days.”

Usually, September is when the market shakes off its cricket-ridden, river-floating August slumber. But this year? “The Great Slow August” started well into July and price drops are drifting down like dandelion puff seeds — bonking nonchalant buyers in the noggin and landing smack in their field of awareness.

Here’s what the hot sheet says in the last 30 days:
288 new listings
107 gone unconditional
190 SOLD
232 price drops
25 price increases (don’t get too excited — most are just tactics to revive a forgotten listing “bump up a littel… bump down a bit”)

Buyers — this is your time to go fishing. Toss out some offers. See what bites. The water’s teeming with deals.
Sellers — the smart ones are pricing sharp and getting scooped up before the September rush hits. Being forgotten in the haze of houses, is a recipe for less money in the long run and a term called “chasing the market” -money tossing and not a fun game. 

Right now it’s like Christmas in the summer, and your mortgage broker is Santa, leaning in with a grin: “Honey, what would you like for Christmas?” And us Realtors are your little Elves, holding your hand, yipeeing along beside you.

As Realtors, we know trust is everything. And one of the sharpest tools in building that trust? Clear, honest, full disclosure.

That’s why you’ll notice we’re now using updated BC real estate forms when buying or selling a property. This change isn’t just paperwork for the sake of paperwork—it's the result of a powerful court ruling that reminded everyone in our industry what’s at stake when disclosure is handled vaguely or incompletely.

Let’s break down what happened, what’s changed, and how it protects you—whether you're buying or selling.

What Sparked the Change: A Court Case That Cut Through the Grey Area
In Sewell v. Abadian (2025 BCCA 158), the seller provided a Property Disclosure Statement (PDS)—but crossed out every question on the form (very common currently) and added a one-line note:

“Tenanted property, owner has never occupied.”

That might seem like a safe move. But here’s the kicker: the seller knew there was an unpermitted family room addition—and didn’t disclose it.

The buyer found out after the deal went unconditional, with the deposit paid, and took it to court.

The BC Court of Appeal ruled that even a fully crossed-out PDS can still be a misrepresentation if a known defect is left out. The message was loud and clear:
Sellers have a duty to disclose material latent defects—no matter what the form says.

So What’s New?
In response to this case, BCREA and BCFSA have released new forms and guidance:

• Updated Property Disclosure Statement (PDS)
  Reinforces the importance of accurate disclosure.
  Adds a disclaimer noting that conditions may change after the date of signing. (These changes must be updated on the PDS.)

• New “Property No Disclosure Statement” Form
  Allows sellers to opt out of making disclosures altogether.
  Comes with a caution: opting out may make your property harder to sell and increase the risk of legal action if a problem is discovered later.

• New “Realtor’s Disclosure of Material Latent Defects”
  This replaces the old Seller’s Disclosure form.
  It includes a seller acknowledgment giving the Realtor permission to disclose known material issues.

A Real Estate Agent’s Guide to Navigating These Changes
For Sellers:
Full and frank disclosure = trust = smoother sales.
Trying to hide behind a crossed-out form or refusing to complete the PDS? That strategy now carries risk of legal consequences.
If you're unsure, talk to your agent. We’ll help you navigate disclosure honestly and strategically.

For Buyers:
A “No Disclosure” form isn’t neutral—it’s a red flag.
You’ll want to dig deeper: inspections, permits, Realtor questions, financing checks.
We’ll guide you through smart due diligence, so nothing catches you off guard after closing.

Why This Matters More Than Ever
This update isn’t just legal housekeeping—it reflects a broader truth that aligns perfectly with my approach:

People don’t buy houses. They buy clarity, safety, and peace of mind.

And those are built through communication and trust—not crossed-out forms.

If you're thinking of buying or selling in today’s market, let’s have a chat about how these changes impact you, and how we can work together to protect your interests and move forward with confidence.

Want more clarity? Reach out anytime. I’m here to bring calm, confidence, and strategy to your next move.

Warmly,
Karli Fortin
Realtor | Karli Ann Realty
RE/MAX Island Properties Cowichan Valley