B.C.’s new eviction rules put home sales in jeopardy despite tweaks, real estate industry warns

by Salmaan Farooqui

Condos and apartment buildings in downtown Vancouver on Feb. 2, 2017. Some real estate professionals argue the amended eviction rules will still put immense pressure on homebuyers.

When rumours started flying this spring that the B.C. government would extend the timeline for evicting a tenant during a home sale, Carole Caffrey’s clients immediately started looking to sell their rental properties before the new rules took effect.

Since April, the Vancouver-area realtor and rental property manager said she went from managing 52 rental homes to just 44 in the span of four months, as decades-old clients decided to sell because the regulations were becoming too onerous.

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