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Real Estate News

Opinion: New rent hike cap proposal is NDP damage control

Opinion: New rent hike cap proposal is NDP damage control

After the shock of the recently announced 4.5 per cent allowable annual rent increase, housing task force is trying to undo damage with inflation-only proposal
Task force calls for B.C. government to cut annual rent increase by two per cent

Task force calls for B.C. government to cut annual rent increase by two per cent

Recommendation would still give landlords ability to ask for a boost in rents
B.C. home sales forecast to slide further next year

B.C. home sales forecast to slide further next year

Contradicting the provincial association’s recent predictions, national real estate body is less optimistic about B.C.’s home sales recovery in 2019
Landlords group says 4.5% rent hike is just fine with them

Landlords group says 4.5% rent hike is just fine with them

Landlords are speaking up about Premier John Horgan’s hints that the 4.5-per-cent maximum rent increase for 2019 might be scrapped.
Homeowners feeling the sting of rising interest rates

Homeowners feeling the sting of rising interest rates

Many now paying "equivalent of one extra mortgage payment" per year
Opinion: Is Canada’s housing market at extreme risk or out of danger?

Opinion: Is Canada’s housing market at extreme risk or out of danger?

Price correction imminent, soft landing achieved… it depends which economists you ask
Relief for B.C. renters on its way: Horgan

Relief for B.C. renters on its way: Horgan

Premier promises to act on recommendations of rental task force
Open the door to short-term rentals, Airbnb tells municipal leaders

Open the door to short-term rentals, Airbnb tells municipal leaders

B.C. cities grapple with cost of enforcement of new regulations as hospitality industry changes
B.C. real estate downturn “largely behind us” – despite actual sales dropping

B.C. real estate downturn “largely behind us” – despite actual sales dropping

Demand for homes is gradually recovering and expected to pick up this fall, asserts BCREA
Let us decide on speculation tax, local leaders tell province

Let us decide on speculation tax, local leaders tell province

Local governments, not the province, should determine whether to impose a speculation tax on vacant properties, B.C. municipal leaders have agreed. Delegates to the Union of B.C.