On April 15, 2025, the Canadian Real Estate Association (CREA) released its quarterly forecast for home sales and prices, updating its January outlook to reflect heightened economic and political risks. 

For 2025, the CREA now anticipates 482,673 residential transactions, a 0.02% decline from 2024, which is a sharp reversal from the 8.6% growth projected in the first quarter forecast in January....

In a recent legislative update, British Columbia has shortened the no-fault eviction notice period available to landlords from four months to three months when they, or their close family members, wish to move into the property.

Individuals who move into a unit following a personal-use eviction are required to occupy the premises for at least 12 months. Failure to meet this requirement, or engaging...

Secondary suites – self‑contained living units within a home – are growing in popularity as an affordable, gentle‑density option across Canadian communities. They can be an excellent way to generate additional income. However, property owners need to be aware of relevant regulations and restrictions. The provincial or territorial building codes, which set the technical safety and construction standards,...