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Parksville keeps battling for a break from B.C.'s new short-term-rental rules

Parksville keeps battling for a break from B.C.'s new short-term-rental rules

So far, the province has shown no sign of budging on the new short-term-rental rules
Could cap on international students shake up Metro Â鶹´«Ã½Ó³»­office vacancy?

Could cap on international students shake up Metro Â鶹´«Ã½Ó³»­office vacancy?

Schools may be forced to re-think real estate needs, according to Avison Young report.
‘No surprise’ B.C. buyers willing to leave province to achieve homeownership, says report

‘No surprise’ B.C. buyers willing to leave province to achieve homeownership, says report

First-time buyer rebates are ‘inadequate’ in Metro Vancouver’s high-cost market, according to Re/Max Canada.
BC industrial markets look to home in the face of headwinds

BC industrial markets look to home in the face of headwinds

Demand for space coming largely from owner-occupiers
Investors flock to First Nation land as Kelowna home, condo values slump

Investors flock to First Nation land as Kelowna home, condo values slump

B.C.’s Short-Term Rental Accommodation Act does not apply to reserve land or treaty land unless a First Nation chooses to opt in through an agreement with the province.
Strong start to home sales in 2024 unlikely to delay BoC rate cuts: economists

Strong start to home sales in 2024 unlikely to delay BoC rate cuts: economists

TORONTO — A surge in home sales across Canada's largest markets to kick off 2024 is unlikely to prompt the Bank of Canada to delay its probable interest rate cuts later this year.

Federal government extends foreign buyer ban on Canadian homes to 2027

OTTAWA — Foreign nationals and companies will be banned from buying residential properties in Canada for an additional two years, the federal finance minister said Sunday, the latest in a raft of measures aimed at addressing housing affordability con
Developer sues City of Kelowna, mayor over scuttled project

Developer sues City of Kelowna, mayor over scuttled project

This is the second lawsuit brought against the city by Centurion Appelt but the first targeting the mayor
Land costs threaten densification around Langley transit stations

Land costs threaten densification around Langley transit stations

Developers, investors may reduce density to save on costs or sell to groups with the financial capacity for higher-density projects
Â鶹´«Ã½Ó³»­home sales rise in January as demand outpaces newly listed properties

Â鶹´«Ã½Ó³»­home sales rise in January as demand outpaces newly listed properties

VANCOUVER — The Real Estate Board of Greater Vancouversays home sales got off to a strong start in the first month of 2024 but the pace of newly listed properties did not keep up with demand. The board says January home sales totalled 1,427, a 38.