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...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...
Key Changes...
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...April Market Review 2024 - Navigating a changing market
Posted on May 07, 2024
Spring brought April Showers and New Listings across the coast. However, with interest rates staying steady at the highest rates in years and new government policies causing change and uncertainty, buyers hung back while inventory to rose to levels not seen since 2020.
There were 454 properties for sale across the Sunshine Coast in April, a 29% inc...
There were 454 properties for sale across the Sunshine Coast in April, a 29% inc...
Changes to the Capital Gains Tax - What it means for real estate in BC
Posted on May 02, 2024
If you are the owner of a 2nd home, investment property or cottage, you could be looking at higher taxes when you sell your property under the new proposed federal budget. View the full summary of the Federal Budget here
On April 16th, 2024 the Federal government proposed, effective June 25th, 2024, the following changes to capital gains tax on gain...
On April 16th, 2024 the Federal government proposed, effective June 25th, 2024, the following changes to capital gains tax on gain...
B.C's new regulations curtail Short Term Rentals on the Coast
Posted on May 02, 2024
As of May 1, new legislation has been enacted to regulation short-term rentals across BC in an effort to increase long-term rental availability. In communities with a population of 10,000 or more, short-term rentals will be restricted to principal residences plus one secondary suite or accessory dwelling unit on the same property. Some local govern...