Metro Vancouver Housing Market Holds Steady in October
Posted on Nov 03, 2023 in Market Statistics
An increase in newly listed properties is providing more choice to home buyers across Metro Vancouver, but sales remain below long-term averages.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales in the region totalled 1,996 in October 2023, 29.5 per cent below the 10-year seasonal average (2,832) for October.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales in the region totalled 1,996 in October 2023, 29.5 per cent below the 10-year seasonal average (2,832) for October.
Andre...
New Law in BC to Control Short-Term Rentals
Posted on Nov 01, 2023 in Regulations
British Columbia's Housing Minister, Ravi Kahlon, has introduced a new law called the Short-term Rental Accommodations Act. The aim is to encourage thousands of homes to be returned to the regular rental market, as opposed to being used for short-term rentals on platforms like Airbnb, VRBO, Expedia, and FlipKey.
The law includes several new rules:
The law includes several new rules:
- Hi...