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August 2018

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B.C. to allow homeowner groups to fine defiant short-term rental hosts $1,000 a day

Homeowners groups in British Columbia will soon be able to fine owners or residents up to $1,000 a day for defying the corporation’s bylaws on short-term rentals.

The B.C. government says the regulations for the so-called strata corporations will be changed as of Nov. 30 to help the associations address short-term rentals, such as those arranged through Airbnb and other vacation websites.

 
 

Monthly Local Market Update

Click the link below to view the monthly market statistics for your area in an easy to understand infographic. Listings, sales and prices are summarized for condos, townhomes and single family homes for cities across B.C.

 

Abbotsford

Bowen Island

Burnaby East

Burnaby North

Burnaby South

Cloverdale

Coquitlam

Kelowna

Ladner

Langley

Maple Ridge

Mission

Nanaimo

New Westminster

North Delta

North Surrey

North Vancouver

Parksville

Pitt Meadows

Port Coquitlam

Port Moody

Richmond

South Surrey/
White Rock

Squamish

Sunshine Coast

Surrey - Central

Tsawwassen

Vancouver - East

Vancouver - West

Victoria

Vernon

West Vancouver

Whistler

Luxury BC Camping Experiences

Whether you are trying to squeeze in one more adventure this summer, or getting an early start on next year, Yam magazine rounds up some unique "all-inclusive camping" destinations for those not quite ready to rough it.

 

B.C. Real Estate News

LOWER MAINLAND

Pre-sale condo action cools (BIV)

Fewer buyers, more choice, push Vancouver home sales to lowest level since 2000 (Times Colonist)

Burnaby first to use new B.C. zoning laws to protect rental suites (CTV News)

Policy changes should make it easier to build new laneway houses in Vancouver (Vancouver Courier)

VICTORIA & VANCOUVER ISLAND

New measures continue to drag down Greater Victoria real estate sales (Goldstream News Gazette)

Vancouver Island sees drop in home sales (My Comox Valley Now)

'Significant share' of Vancouver Island home buyers coming from the Mainland (My Comox Valley Now)

Salt Spring Island's housing crisis pushing out longtime residents (Vancouver Sun)

WHISTLER & SQUAMISH

Whistler, Sun Peaks top BC's non-resident homeowner list: Stats Canada (News 1130)

Housing development planned for Squamish campground (Vancouver Courier)

OKANAGAN

Okanagan real estate market cools off (Kelowna Capital News)

 
 

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©2018 Macdonald Realty Ltd. 2105 W 38th Ave, Vancouver, B.C. V6M 1R8 | macrealty.com