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Government Policy
BC brings in anti-flipping legislation
BC brings in anti-flipping legislation
Thursday, April 11, 2024
The BC government will begin taxing the profit on homes sold within two years of purchase, beginning 2025. (3 minute read)
Government Policy
Province delivers flood strategy
Province delivers flood strategy
Thursday, April 04, 2024
The strategy is to build a more flood-resilient province, with communities working together to prepare for and respond to flooding. (2 minute read)
Urban Planning
BC government legislation trying to make market and rental housing more affordable
BC government legislation trying to make market and rental housing more affordable
Thursday, November 16, 2023
The legislation will address housing affordability through planning control, transit oriented development, and more. (3 minute read)
Legislation
Province brings in new rules to help municipalities regulate short-term rentals
Province brings in new rules to help municipalities regulate short-term rentals
Thursday, October 19, 2023
New rules include higher fines, restrictions, and more. (3 minute read)
Legislation
Province requires 10 municipalities to build 60,000 homes
Province requires 10 municipalities to build 60,000 homes
Thursday, September 28, 2023
Municipalities have specific targets - the City of Vancouver must build 28,900 housing units. (3 minute read)
Government Policy
BC caps maximum rent increase to 3.5 per cent
BC caps maximum rent increase to 3.5 per cent
Thursday, September 21, 2023
This is lower than the 5.6% 12-month average inflation rate and applies to increases with an effective date on or after January 1, 2024. (1 minute read)
Government Advocacy
Clearing a path to home ownership: REBGV makes affordability recommendations to province
Clearing a path to home ownership: REBGV makes affordability recommendations to province
Thursday, June 01, 2023
REBGV made three recommendations for making home ownership more affordable during consultations with the province. (2 minute read)
Legislation
BC Government introduces legislation to stop NIMBY lawsuits
BC Government introduces legislation to stop NIMBY lawsuits
Friday, April 21, 2023
The legislation intends to streamline housing approvals and overcome NIMBY opposition to affordable housing development. (2 minute read)
Government Policy
Province introduces housing plan for 100,000+ new market and rental homes
Province introduces housing plan for 100,000+ new market and rental homes
Wednesday, April 05, 2023
This plan will create 100,000+ new market and rental homes, with a budget of more than $4 billion to 2026 and $12 billion to 2033. (2 minute read)
Government Policy
What’s in BC Budget 2023 for property buyers and owners?
What’s in BC Budget 2023 for property buyers and owners?
Thursday, March 02, 2023
BC Budget 2023 allocates $4.2 billion for the development of affordable market, rental, and social housing. (3 minute read)
Government Advocacy
The effect of flood mapping and floods on housing prices
The effect of flood mapping and floods on housing prices
Thursday, February 16, 2023
Floodplain mapping can help assess risk and better understand a home's value. (3 minute read)
Legislation
Housing affordability top priority in provincial throne speech
Housing affordability top priority in provincial throne speech
Friday, February 10, 2023
In the speech, the province promised to create more supply through speedier approvals and new investments. (1 minute read)
Government Policy
Province to speed up its own building approvals and permits processes
Province to speed up its own building approvals and permits processes
Thursday, January 26, 2023
The province is promising to speed up the building approval and permitting process by creating a new cross-ministry team. (2 minute read)