Posts Tagged ‘Housing Market’
B.C.’s New Rules: Transitioning Short-Term Rentals to Long-Term Homes
Are you a homeowner or rental property manager in British Columbia (B.C.)? If so, you'll want to pay attention to the province's latest regulations aimed at reshaping the short-term rental landscape. Here's a breakdown of the changes an...
Kelowna City Council Takes Action on Short-Term Rentals
Kelowna city council recently made an important decision about short-term rentals, like those on Airbnb. They voted 4-3 to change the city's rules. Two councilors couldn't vote because they have short-term rental properties. The new ...
Should You Sell Your Home? Deciding When It’s Time
For many, the question of whether to stay or sell your home can arise unexpectedly due to job changes, divorce, family expansion, health issues, or marriage. However, for others, it's a decision that requires careful consideration. ...
Understanding B.C.’s 2024 Rent Increase: What You Need to Know
Are you renting in British Columbia? It's vital to stay updated on 2024's rent increase. Let's simplify the info for you: Rent Increase Cap For the second year, B.C. keeps the maximum rent increase below inflation. In 2024, it's 3.5%. ...
Housing Affordability in Canada’s Cities: A Challenging Landscape
If you've been keeping an eye on the housing market in Canada, you're probably aware that affordability has been a hot topic for quite some time. In the second quarter of this year, there was a small glimmer of hope as RBC's affordability measu...
Fraser Valley Real Estate Market: February Update
Fraser Valley Real Estate Market: For February Update it's time to dive into the latest insights and trends shaping the Fraser Valley real estate market. Whether you're a prospective buyer, seller, or simply intrigued by the dynamic housing lan...
Fraser Valley Real Estate: August 2023 Recap
A Market Breather In August 2023, the Fraser Valley real estate market trends took a breather due to a mix of seasonal trends and the anticipation of rate changes. Let's simplify the numbers and explore what this means for buyers and sellers. ...
Analyzing Canadian Inflation Trends: A Closer Look at July’s CPI Report
As summer heats up in Canada, so does anticipation for the July Consumer Price Index (CPI) report. The Bank of Canada closely watches this data to make decisions on future rate hikes. In this blog post, we break down the main points of ...