header

 

 

June 2018

Web Lite SWeTE: Simple Website Translation Engine
 

B.C. Residential Tenancy Act changes give more rights to tenants

The B.C. government on May 17 amended the Residential Tenancy Act to require landlords to give tenants four months’ notice to end a tenancy in order to demolish, renovate or repair the dwelling.

Previously, landlords could evict a tenant for those reasons by giving two months’ notice. Tenants will continue to be eligible for one month's worth of compensation in those cases.

 
 

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

Fraser Valley Realtors say new rules needed to protect homebuyers from grow-ops

"If a consumer is going to buy a home that’s grown cannabis - whether it’s recreationally or illegally - there can be things in that home that need to be done that make it safe to live in," FVREB president-elect Darin Germyn said.

Learn more at safegrowhomes.ca

 

B.C. Real Estate News

LOWER MAINLAND

Cambie plan increases residential, but affordability remains elusive (BIV)

Suburbs dominate top Lower Mainland neighbourhoods for residential real estate investment (BIV)

Greater Vancouver home sales slow in May 2018 as real estate listings increase (Vancouver Sun)

Metro Vancouver home sales fall 35% in May (Surrey Now Leader)

VICTORIA & VANCOUVER ISLAND

Heavy demand pacing Nanaimo's real estate market (Nanaimo News Now)

Victoria is sixth-priciest city in Canada for one-bed rents (Times Colonist)

Victoria, Island home prices predicted to keep climbing – at slower rate (Times Colonist)

WHISTLER & SUNSHINE COAST

Small towns feel the pinch as Vancouver real estate madness spreads (CBC News)

OKANAGAN

Kelowna appears to be in a rental boom (Kelowna Capital News)

 
 

This communication is not intended to cause or induce breach of an existing agency agreement.

**Should you no longer wish to receive this communication, please reply to this email with "Unsubscribe" in the subject line.

©2017 Macdonald Realty Ltd. 2105 W 38th Ave, Vancouver, B.C. V6M 1R8 | macrealty.com