Real estate and housing updates that matter to buyers, sellers, owners, landlords, developers, lawyers and notaries, with plain-language explanations.
Latest
November 5, 2026 · Federal Budget 2026
What Budget 2026 means for real estate: foreign buyers, mortgages, homebuilding and tax
- The ban on foreign purchases of existing homes would be extended to January 1, 2029, with new homes exempt (proposal, legislation to come).
- Optional mortgage insurance price limit up to $1.5 million, 30-year amortizations for first-time and new-build buyers, and new options for 3 to 50 unit buildings from February 1, 2027.
- Lower withholding for corporate non-resident sellers from January 1, 2027, and a tighter family trust rule starting on budget day.
Also from the firm
- BC Speculation and Vacancy Tax and Vancouver Empty Homes Tax: who files, and the dates.
- Underused Housing Tax repealed for 2025: what still applies for 2022 to 2024.
- Vancouver homeowner costs 2026: property tax, utilities and relief programs.
- BC renter’s tax credit and rent help: the credit, the Rental Assistance Program and SAFER.
- BC PST changes from October 2026: what households and businesses should know.
- Budget 2026 for individuals and families: benefits, credits and housing items.
- Important tax dates: property tax and filing dates in one list.
What we will add next
We will update this page when the foreign buyer legislation is tabled, when the mortgage insurance changes take effect, and when draft tax legislation is released. Have a question about a property purchase, sale, trust or company? Contact the firm or use the budget question form.
More on Budget 2026
- Budget 2026 and real estate (full article)
- Budget 2026 hub: summary, key numbers and dates
- For business owners
- For lawyers and law firms
- For doctors, dentists and clinics
- For individuals and families
Key takeaway: A news hub for BC property owners and buyers, starting with the Budget 2026 real estate article.
Official sources
- Budget 2026: Masters of our destiny (budget.canada.ca)
- Department of Finance Canada
- BC government: additional property transfer tax
Reviewed . This is general information, not legal or tax advice. Rules and rates change, so confirm current requirements with the official sources above and speak to the firm about your situation.
Prepared by HJ Wu & Company Inc. (CPA). General information only, not personal advice. How the guides are written and reviewed.
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