The tax is imposed under the Residential Property (Short-Term Holding) Profit Tax Act, which takes effect starting January 1, 2025.

Property purchased before the tax’s effective date may be subject to the tax if sold on or after January 1, 2025 and owned for less than 730 days, unless an exemption applies.

As of December 11, 2024, the best 5-year fixed mortgage rate in BC is 4.14%, while the best variable mortgage rate in BC is 4.35%. To ensure that you’re seeing the most current mortgage rates in BC, consult our rate tables above.

The real estate industry in Canada is rapidly evolving with the integration of advanced technologies that enhance efficiency,
transparency, and user experience. Below is an overview of key technologies revolutionizing the sector: Read more

Statistics will allow you as a buyer or seller to better  understand local real estate trends. Click here to view recent local Statistics Fraser Valley

Recent Statistics Vancouver Area

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The BC luxury market thrives with Vancouver's waterfront estates, penthouses, and mountain-view homes in high demand. International buyers and investors drive competition, solidifying its status as a prestigious and dynamic real estate segment. View Properties

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