The provincial government has announced multiple pieces of legislation that significantly changes zoning bylaws throughout the province.
Secondary Suites
All communities throughout the province will be required to update their zoning bylaws to allow at least one secondary seat or laneway house on every single...
The British Columbia government has implemented new legislation to restrict those offering short-term accommodation to live on the property they're renting. This will force short-term rental platforms to share their data with the province for enforcement and tax purposes, and would limit short-term rentals to within a host’s own home, or a basement...
With only one more month to finish the year, we now have a good idea how the Similkameen real estate market fared so far in 2023. The data shows that unit sales have fizzled out compared to last year as interest rates continue to be a big challenge for potential buyers.
November is the first month in 2023 where listing inventory has fallen as listin...
Only a few weeks ago the provincial government announced new legislation to comprehensively change how short-term rentals are regulated. The new regulations are intended to give municipalities and the province more power to regulate short-term rentals across the province. The new legislation will:
Princeton Real Estate Market Update - September 2023
As summer transitions into fall, the Princeton real estate market continues to exhibit distinctive trends. Here is a snapshot of the key statistics for September 2023:
**Active Listings:**
Currently, there are 119 active listings in the Princeton area, providing prospective buyers with a variety of...