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Real Estate

Will B.C.'s short-term rental laws come up short?

Will B.C.'s short-term rental laws come up short?

B.C.'s new provincial short-term rental laws will force hosts to declare their homes as primary residences, with information going to a new registry that will be accessible by Canada Revenue Agency.
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Only 17% of Richmond short-term rentals appear to be licensed

Only 17% of Richmond short-term rentals appear to be licensed

The City of Richmond issued more than 400 short-term rental fines as of August.
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North Vancouver residents sound off on short-term rental rules

North Vancouver residents sound off on short-term rental rules

Are short-term rentals like Airbnb and VRBO treasured guests in North Vancouver, or have they overstayed their welcome?
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B.C. Real Estate Association says sales activity impacted by high cost of borrowing

B.C. Real Estate Association says sales activity impacted by high cost of borrowing

VANCOUVER — Home sales in British Columbia were up in September by more than 10 per cent from the same time last year. However, the B.C.
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Kelowna to get 120 'tiny homes' as solution to growing homeless problem

Kelowna to get 120 'tiny homes' as solution to growing homeless problem

City to build 120 supportive housing units and introduce measures to deal with a growing encampment
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Victoria council to mull incentives to ensure more rental projects are built

Victoria council to mull incentives to ensure more rental projects are built

Council will look at creating a revitalization tax exemption to spur more affordable units in new market rental projects
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Royal LePage downgrades Q4 housing price forecast; expecting seven per cent increase

Real estate firm Royal LePage is forecasting the aggregate price of a home in Canada will increase seven per cent in the final quarter of 2023 compared with the same period last year, downgrading its previous outlook of 8.5 per cent.
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'New wave of building' in Vancouver comes as mayor makes plans to focus on more homes

'New wave of building' in Vancouver comes as mayor makes plans to focus on more homes

VANCOUVER — The mayor of Vancouver set out a foundation on Wednesday to address the housing crisis in the city, while reducing barriers to building and streamlining regulations.
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Airbnb not behind Canadian residential rent increases, study says

Airbnb not behind Canadian residential rent increases, study says

Conference Board of Canada study contradicts recent research from McGill.
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Statistics Canada reports value of building permits up 3.4% in August

Statistics Canada reports value of building permits up 3.4% in August

OTTAWA — Statistics Canada says the total monthly value of building permits in Canada rose 3.4 per cent in August to $11.9 billion, as gains in the non-residential sector offset modest declines in residential construction plans.
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