MY Real Estate Market Insights

Government Reacts - Tenancy Act Pushback affects changes but is it enough?

Posted on Aug 07, 2024

In our July Newsletter, we highlighted the changes to the BC Tenancy Act and their potential impacts to landlords and purchasers of tenanted properties. Read our article here

Some of the changes, we identified to have a high potential to detrimentally impact the ability to sell and purchase tenanted properties . Realtors, mortgage brokers and other...

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Sechelt Adopts New Density Zoning ByLaws

Posted on Jul 12, 2024

Following the lead of the provincial government's new legislationaimed at increasing the availability of small-scale, multi-unit housing, the Disitrict of Sechelt has implimented changes to the R2, R3, R4, and R6 zoning rules to make it easier to build Small - Scale Mulit-Unit Housing (SSMUH) on the lots that are serviced by community water and san...

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New Changes to the BC Tenancy Act

Posted on Jul 12, 2024

Do you have a tenanted property or are thinking of becoming a landlord. Or are you looking at purchasing a tenanted home with the intent of moving in? Effective July 18, 2024, new eviction rules come into affect that will impact the process and timeline to provide notice to tenants and provide a vacant property.

The biggest changes coming are:

  • 4 mon...

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May Market Review 2024 - Still awaiting the spring thaw

Posted on Jun 12, 2024

The Sunshine Coast has seen a significant increase in listings alongside a decrease in sales, signaling a potential shift in market dynamics. As of now, there are 507 active listings, up 31% from 387 listings during the same period last year. 154 new properties hit the market in May, up 2.7% .Despite the increase in available properties, sales have...

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Provincial Density Bylaw Changes: What You Need to Know

Posted on Jun 07, 2024

British Columbia is implementing new legislation by fall of 2025 aimed at increasing the availability of small-scale, multi-unit housing. These changes will impact zoning rules to make it easier to build townhomes, multiplexes, and laneway houses across the province. Here's a summary of the key points and how they affect different areas:

Key Changes...

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Data Takes Guesswork out of a Changing Market.  

Posted on Jun 07, 2024

In today's digital age, data is more accessible than ever before. From real estate market trends to neighborhood demographics, data surrounds us and influences nearly every aspect of our lives. Using data to make informed decisions in real estate is a powerful approach that can lead to better outcomes for buyers, sellers, investors, and developers...

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