March 2024

Update! Short-term Rental Accommodations Act vs Parksville

Posted on Mar 29, 2024 in Information Videos

❗️UPDATE❗️ 
The Province of British Columbia has finally provided some clarity on how the new Short-Term Rental Accommodations Act, coming into effect May 1, 2024, will be applied to strata title motels/hotels like those located along Resort Drive in Parksville. 

In an update on March 27, 2024: The Province has indicated that a strata title motel/hot...

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February 2024 Mid-Vancouver Island Market Update and the BoC Holds the Rate!

Posted on Mar 12, 2024 in Market Update


Check out the market update for the Parksville/Qualicum and Nanaimo areas for February 2024. 

Looks like Spring Market has arrived for 2024. Listing and sales are up versus the same time in 2023 but prices are also on the rise. This all despite the Bank of Canada holding the rate for the fifth consecutive time. 

This all leads up to the inevitable ra...

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Short-term Rental Accommodations Act vs Parksville

Posted on Mar 08, 2024 in Information Videos


Parksville, a picturesque city nestled on the eastern shore of Vancouver Island, is known for its stunning beaches, vibrant community, and thriving tourism industry. However, the city is currently facing a significant housing challenge that threatens to disrupt its delicate balance.

The challenge stems from British Columbia's new Short-Term Rental A...

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