Real estate changes in effect

Image: Contributed

Real estate in the Okanagan affects just about everyone in some way or another.

Now that the calendar has flipped there have been some major changes to the landscape of how real estate can be purchased or sold. In the most recent episode of the Law Talk Podcast, lawyers Tanvir Gill and Clarissa Lester discussed the foreign buyer ban, which is now in effect.

Another massive change is the implementation of the Home Buyer Rescission Period Regulation, which sets out further details regarding the cooling-off period. But how do these changes in B.C. help the housing shortage and the supply issues? Gill and Lester investigate.

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