by clarkwoods | Jul 14, 2024 | Real Estate
Metro Vancouver home sales fell 19.1% in June 2024 compared to last year, well below historical and seasonal averages. According to the Greater Vancouver Realtors, which collects MLS data on home sales in the Lower Mainland, sales are down 23.6% over the 10-year...
by clarkwoods | Jul 14, 2024 | Real Estate
There are new concerns over potential negative impacts new eviction rules put forward by the provincial government this month. As of July 18, the province is requiring landlords to give four months’ notice instead of two when evicting tenants for personal or family...
by clarkwoods | Jun 2, 2024 | Real Estate
Proposed Rule Changes by the B.C. Government to Protect Renters and Landlords The B.C. government has introduced proposed rule changes aimed at stopping bad-faith evictions, streamlining the rental dispute process, and banning rent increases when a child joins a...
by clarkwoods | Jun 1, 2024 | Real Estate
A would-be Richmond homebuyer is out more than $400,000 after failing to secure a mortgage for a home she had already moved into. The B.C. Supreme Court upheld a one-page hand-written contract in Chinese between defendant Xue Yun Li and plaintiffs Hong Yang and...
by clarkwoods | May 8, 2024 | Real Estate
Airbnb owners take province, City of Victoria to court over B.C. short-term rental ban A group of disgruntled short-term-rental owners in Victoria upset about recent changes restricting Airbnbs announced this month that it is taking the province and the City of...
by clarkwoods | May 8, 2024 | Real Estate
A proposed B.C. home flipping tax could help increase available housing and discourage short-term property holding for profit, but a lack of clarity about who is eligible and who is exempt could be a recipe for disaster. Vancouver real estate lawyer Keith Barron says...