Live Chart  Average Monthly Residential Sales transactions from the Greater Vancouver-Fraser Valley & Chilliwack Real Estate Board

BC Home Flipping Tax Now in Effect

As of January 1, 2025, the BC Home Flipping Tax is now in effect. REALTORS® need to know this new tax is distinct from the existing federal property flipping tax and specifically targets short-term property sales within British Columbia.  Here’s how it works:  The tax applies to income from sales of residential properties, presale contracts, or assignments owned for less than 730 days (two years). This includes properties bought before January 1, 2025, if they are sold on or after that date and owned for less than two years.   The rate is 20 per cent for sales within the first 365 days of ownership, gradually decreasing until it is eliminated at 730 days.   This tax applies to any person or entity (individual, corporation, partnership, or trust) selling property within BC, regardless of residency.   Exemptions include certain primary residences, though exemptions are subject to specific conditions and filing requirements.  The BC Government has released a …

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New Listings

There are 13024 Properties for sale in the Greater Vancouver area,including Whistler/Squamish/Sunshine Coast & the Gulf Islands

Price Type Area Description Provided By
Add to Cart $4500 McNair Steps to Kingswood Elementary …
Add to Cart $1798000 Detached Highgate A rare opportunity in the High… Freehold NonStrata
Add to Cart $2099000 Detached Westlynn Perfect family home located in… Freehold NonStrata
Add to Cart $1388000 Duplex,Attached Renfrew Heights Explore your ideal home in the… Freehold NonStrata
Add to Cart $979800 Multi Family,Attached Uptown NW Welcome to “THE UPTOWN&r… Freehold Strata
Add to Cart $998000 Attached Queensborough Spacious 3 bedroom & 2.5 b… Freehold Strata
Add to Cart $1138000 Detached River Springs COQUITLAM HOUSE BELOW $1 MILLI… Freehold Strata
Add to Cart $1150000 Multi Family,Attached Lynn Valley Welcome to this beautifully ma… Freehold Strata
Add to Cart $915000 Multi Family,Attached Kitsilano Experience life at The Connaug… Freehold Strata
Add to Cart $739000 Multi Family,Attached Brighouse HOLLYBRIDGE AT RIVER GREEN! Ic… Freehold Strata
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