Author: admin
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Short-Term Rental Hosts Face New BC Regulations
A new Short-Term Rental Registry will be effective in British Columbia starting May 1, 2025. All short-term rental hosts and platforms must register, displaying a valid registration number on listings.
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B.C. Housing Tax: Tariff in Disguise?
B.C.’s foreign buyer tax is compared to a tariff, restricting investment and worsening the housing challenge. The tax, introduced in 2016, applies to various property types, including multi-family homes and development sites.
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Tariff war is not what’s really weighing down BC housing market
Concerns over tariffs and economic uncertainty impact British Columbia's housing market, but interest rates and buyer psychology are more influential. Data shows little correlation between tariff-related uncertainty and Greater Vancouver home sales. Sales are down, buyers are more selective, especially in condos. The rental market is improving with incentives. February saw a sales decline, but…
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Interior Improvements: What Buyers Really Want?
Enhancing interior features makes your home more appealing and increases buyer interest. Kitchen upgrades, including energy-efficient appliances and extra storage, significantly boost resale value.
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Canada’s Housing Market Shows Early Spring Activity
New property listings in Canada ↑ 11% MoM in January, the highest increase in two years. Despite increased listings, home sales ↓ 3.3% in January, indicating weaker demand.
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Bc’s Strong Housing Market by 2026 Despite Tariffs
Home sales expected to rise by 13.2% in 2025 and 3.7% in 2026 due to mortgage changes. Average home prices to rise by 2.4% in 2025, and 2.9% in 2026 annually.
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District of Lantzville moves forward with 3% property tax increase
Lantzville council has decided to implement a three-per cent property tax increase after two years of no increases. This decision follows public feedback from an online survey, where 44% of respondents favored a three-per cent hike. The increase will generate approximately $93,000 for future infrastructure. Alongside this, water user rates will also rise by three…
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‘Substantial’ decline in Chilliwack-area home sales linked to tariff concerns
Home sales in Chilliwack and surrounding areas dropped by 13.8% in February, with 187 units sold, significantly below both the five-year and ten-year averages. The decline is attributed to ongoing economic uncertainty related to tariffs. The benchmark price for single-family homes rose slightly to $909,100, while the overall MLS® HPI composite benchmark price was $743,700.…
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BC’s Seismic, Zero-Carbon Rules Reshape Construction!
As of March 10, 2025, all new building permit applications must comply with the updated BC Building Code. The new rules include stricter seismic design requirements to better protect buildings from earthquakes.
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Essential Tenant Check Tips Every Landlord Needs
Find reliable tenants with a comprehensive background check—critical for protecting your investment. thorough tenant background check includes credit history, criminal records, employment verification, and rental history.