Is now a good time to sell when we read news headlines like, for example, “housing market hasn’t come to a total standstill, but it is operating well below normal levels”, “sales activity steadily declined over the summer months and into the start of fall”, “transactions slide” and ‘home sales remain sluggish’? Despite economic uncertainty,…
Buying a home comes with ongoing costs, and property taxes are one buyers shouldn’t overlook. Property tax sales happen every September in BC. Under BC’s Local Government Act, municipalities must hold an annual tax sale at 10 am on the last Monday in September to auction properties with delinquent property taxes. If that Monday is…
The outlook for Canadian mortgage rates has shifted significantly over the past month. What had previously looked like a period of relative calm has been disrupted by yet another rise in global oil prices and renewed trade tension between the United States and Canada. Higher oil prices resulting from the ongoing conflict with Iran and…
Islands Trust is a unique regulatory framework. Established in 1974 under the Islands Trust Act, the Islands Trust has near-exclusive authority over local land-use, development, subdivision, and density regulations on the Salish Sea islands. The Salish Sea islands are a special part of our province and the world. They are home to lush rain forests,…
LandlordBC, British Columbia’s rental housing industry association, has rebranded as RentBC™ (website: rentbc.ca), reflecting the organization’s evolving role in supporting a healthy rental housing ecosystem while remaining committed to its core purpose of representing and supporting owners, operators, and managers of rental housing. “RentBC represents an important next chapter for an organization with a long…
The Condominium Home Owners Association of BC (CHOA) just launched a new, free, online educational website called the BC Condo Classroom. The site is designed to provide practical, accessible learning resources for strata councils, owners, managers, and industry professionals throughout British Columbia. The BC Condo Classroom currently has the first 10 learning modules in a…
Each year, a very limited number of private residences become available for resale at the largest privately owned residential mega yacht address, The World. The World has 165 privately owned residences of which most are full ownership with a limited number of co-ownership options through 50% partnership opportunities. Homes aboard The World range from 290-846…
Buying your first home is exciting! Good news, there are a variety of provincial and federal buyer incentives, for example, to reduce up-front costs, save on taxes and lower monthly payments. Check out the handy guide prepared by Clever Lending mortgage broker, Sam de la Fosse, for available 2026 programs and incentives for BC…
The Province considers changes to the SVT every year to ensure the tax is working effectively for communities and freeing up homes for people in British Columbia. In its seventh year, changes coming to the SVT in 2026 include: • As announced in Budget 2025, foreign owners and owners with most of their income unreported…
Roughly one in five residential buildings in Canada has high radon levels — a figure that’s more than doubled since the late 2000s — while radon-induced lung cancer kills an estimated 3,200 people each year, federal figures show. Radon is found all over British Columbia, although the Interior region generally has a much higher proportion…
