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Real Estate

B.C. strata owners ordered to pay $8,500 for rental violations

B.C. strata owners ordered to pay $8,500 for rental violations

The tribunal found the owners had been added to the rental waiting list and were not authorized to rent their unit.
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Applications open for $40M loan program for secondary suites

Applications open for $40M loan program for secondary suites

Homeowners can apply for forgivable loans for as much as half the total cost of renovations, up to a maximum of $40,000, to build basement and garden suites
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Two-bedroom rent expected to hit $2,800 in Metro Vancouver

Two-bedroom rent expected to hit $2,800 in Metro Vancouver

The good news is that new rental homes are being constructed more than ever; the bad news is that overall construction will still not keep pace with demand.
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Greater Vancouver home sales rise as inventory reaches levels not seen since pandemic

Greater Vancouver home sales rise as inventory reaches levels not seen since pandemic

VANCOUVER — Greater Vancouver's real estate board says the number of homes that changed hands in April rose 3.3 per cent from the previous year, but total sales were still well below the 10-year average for the month.
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Burnaby needs stronger renter protections in wake of new B.C. housing laws: councillor

Burnaby needs stronger renter protections in wake of new B.C. housing laws: councillor

A city councillor wants to soften the impact of development-induced displacement in Burnaby by increasing tenant protections.
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B.C. immigrant parents lead in co-purchasing homes for adult children, statistics show

B.C. immigrant parents lead in co-purchasing homes for adult children, statistics show

The proverbial 'Bank of Mom and Dad' is strongest in B.C. and appears to be buoyed by foreign-derived income, a Statistics Canada report reveals.
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Victoria wired for growth as tech sector, lifestyle attract residents

Victoria wired for growth as tech sector, lifestyle attract residents

Good jobs for workers, good times for students and retirees drive housing demand
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Short-term rentals rules in effect; fines to be levied against non-compliant hosts

Short-term rentals rules in effect; fines to be levied against non-compliant hosts

The clock is now ticking on hefty fines for those who don’t fall in line
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'We have done enough in Brentwood for density': Burnaby to lobby B.C. for exception to new housing rules

'We have done enough in Brentwood for density': Burnaby to lobby B.C. for exception to new housing rules

Burnaby city council has unanimously supported the 'Save Brentwood Park' petition which seeks to exempt the neighbourhood from provincial rules around building near local SkyTrain stations.
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Over 1,000 short-term rentals to come off the market in the Central Okanagan this week

Over 1,000 short-term rentals to come off the market in the Central Okanagan this week

Provincial regulations, stricter Kelowna bylaws target unlicensed operators
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