Vancouver Approves New Bylaws To Regulate Short-term Rentals Such As Airbnb.

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On November 14, Vancouver City Council voted 7-4 to approve controversial short-term rental regulations. Starting April 1st 2018, owners and renters will only be allowed to rent out their principal residence, for a period of less than 30 days at a time. Each applicant will have to pay a one-time activation fee of $54, a […]

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All You Need To Know About The Latest Rules To Strengthen Consumer Protection In The BC Real Estate Market

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In a move to improve consumer protection in BC’s real estate industry, starting March 15, 2018, BC real estate professionals will no longer be able to practice dual agency: a single agent will not be allowed to act on behalf of both the buyer and seller in the same deal. According to Michael Noseworthy, BC’s […]

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REGBV Market Update For October 2017 – We Continued To Be In Seller Market Territory.

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Once again the majority of the sales for October were concentrated in the townhouse and condominium market.  Last month’s sales were 15% above the 10 year October Sales average. According to the REGBC president, “Conditions (in October) continue to vary significantly based on property type. The detached home market is well supplied with homes for […]

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