May 2024

April 2024 Market Statistics

Posted on May 08, 2024 in Statistics

 
Note: The Real Estate Board of Greater Vancouver (REBGV) logo above will be changed in next month's newsletter. 

We hope that you've been enjoying the lovely weather over the last few days. The days are getting longer and it's getting harder to get up at the crack of dawn. :^)
  
In recent weeks, the real estate market has stirred from its slumber, with...

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New Short Term Rental Rules in BC

Posted on May 01, 2024 in Government

Travelers pulling their suitcases into and out of a suite

New Short-Term Rental Rules in British Columbia – Effective May 1, 2024

Starting May 1, 2024, British Columbia will enforce new restrictions on short-term rentals in 65 communities across the province. The updated regulations introduce a principal residence requirement, limiting short-term rentals to:

  • The host’s principal residence.

  • One secondary suit...

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