NEWS

Starting January 1, 2025, the BC Home Flipping Tax aims to deter speculative property flipping and stabilize the housing market.

The tax applies to profits from selling residential properties, including presale contracts, held for less than 730 days (two years). Sales within the first year face a 20% tax rate, decreasing until eliminated at the two...

On January 1st, 2023 the Canadian Federal Government Introduced a two year ban on foreign buyers. This ban was currently set to expire on January 1, 2025, has been extended to January 1, 2027. While this ban doesn’t directly impact Whistler and Pemberton due to its population - Squamish and areas with higher populations like Vancouver are impacted...

2022 was a wild ride. From the Bank of Canada raising their policy interest rate from 0.25% in March to 4.25% in December and sweeping regulatory changes across the sector here's a summary of the most notable real estate stories of 2022.