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Real Estate

B.C. backs down on fixed-term rental rules

B.C. backs down on fixed-term rental rules

The B.C. Ministry of Housing of Municipal Affairs has backed down on a controversial amendment to the Residential Tenancy Act regarding fixed-term rentals. The amended Act came into effect May 17.
Doubt cast on forecast of cottage price drop

Doubt cast on forecast of cottage price drop

A widely quoted national report claiming British Columbia’s recreational real estate market will see the biggest price slump east of the Atlantic is challenged by local realtors and the latest sales statistics.
Dip in commercial real estate activity expected: BCREA

Dip in commercial real estate activity expected: BCREA

But overall trend remains positive, according to the association’s lead indicators
Government regulations adding to real estate market costs

Government regulations adding to real estate market costs

Trade-off B.C.
Foreign-investor impact unknown, admits CMHC

Foreign-investor impact unknown, admits CMHC

"Anyone ... claiming it is a big deal or not a big deal, is stating an opinion [because] we do not currently have the data to answer that question," analyst says
Richmond realtor Jing (Sandra) Li suspended and fined

Richmond realtor Jing (Sandra) Li suspended and fined

New Coast Realty in trouble once more with the Real Estate Council of BC
Lawsuit of the week: Tax authorities target more Vancouver developers in Federal Court for information on pre-sale flippers

Lawsuit of the week: Tax authorities target more Vancouver developers in Federal Court for information on pre-sale flippers

The federal government is taking Wall Centre (Point Grey) Developments and Intergulf Development (QE Park) Corp. to court for information on pre-sale buyers who flipped their contracts prior to completion of construction.
Updated: What is the downside of improving housing supply conditions?

Updated: What is the downside of improving housing supply conditions?

The efforts of various governments to control the rise in housing prices by reducing demand through tax policy has been of little avail.
Charging stations latest cost for new condo buyers

Charging stations latest cost for new condo buyers

Mandatory EV plug-ins latest in myriad of costs borne by Vancouver new condo buyers
Most B.C. homeowners are coping with high debt burdens

Most B.C. homeowners are coping with high debt burdens

How high? The arguments in favour of higher mortgage rates include a couple of old chestnuts: one, that higher rates will cool house prices by making borrowing costs higher and cooling demand, and two, higher borrowing costs will encourage people to