Corrections log

Every correction, in public.

When a fact in the BC Real Estate Codex changes — a tax bracket reform, a new exemption threshold, a corrected source URL — the prior value is preserved and surfaced here. This is the public counterpart to /transparency: the verification trail shows what we believe today; the corrections log shows what we used to believe and when we updated.

Process documented at /methodology. Found something that's still wrong? Report an inaccuracy.

13 corrections logged. Most recent first.

BC Speculation and Vacancy Tax rates + credit (2026 tax year)bc.svt.rates_2026tax

Superseded: 2026-01-01 · Prior rule effective: 2019-01-01

Previous value

{
  "rate_canadian_pr": 0.005,
  "rate_foreign_satellite": 0.02,
  "bc_resident_credit_max": 2000
}

New value

{
  "rate_canadian_pr": 0.01,
  "rate_foreign_satellite": 0.03,
  "rate_foreign_satellite_2027": 0.04,
  "bc_resident_credit_max": 4000,
  "credit_zero_tax_assessed_value": 400000,
  "declaration_deadline": "2027-03-31",
  "payment_due": "2027-07-02"
}

0.5% / 2.0% rates and a $2,000 BC-resident credit for the 2019-2025 tax years.

View in Codex →Prior-rule source (BC Government)

BC Home Owner Grantbc.home_owner_granttax

Superseded: 2026-01-01 · Prior rule effective: 2025-01-01

Previous value

{
  "basic_grant_amount": 570,
  "northern_rural_grant_amount": 770,
  "additional_grant_max_extra": 275,
  "phase_out_per_1000_above_threshold": 5,
  "phase_out_threshold_2026": 2175000
}

New value

{
  "basic_grant_amount": 570,
  "northern_rural_grant_amount": 770,
  "additional_grant_max_extra": 275,
  "additional_grant_eligibility": [
    "seniors 65+",
    "persons with disabilities",
    "certain veterans",
    "spouses of deceased owners"
  ],
  "phase_out_per_1000_above_threshold": 5,
  "phase_out_threshol…

The 2025 tax-year phase-out threshold. Grant amounts were unchanged; only the threshold moved.

View in Codex →Prior-rule source (BC Government)

BC annual rent increase cap, 2026bc.rent_cap.2026rental
Superseded: 2026-01-01 · Prior rule effective: 2025-01-01
Previous value
```
{
  "annual_pct": 0.03,
  "year": 2025
}
```
New value
```
{
  "annual_pct": 0.023,
  "year": 2026,
  "cpi_indexed_capped": true,
  "applies_only_to": "existing tenancies (not vacancy-reset rents)"
}
```
View in Codex →Prior-rule source (BC Government)
BC annual rent increase cap, 2026bc.rent_cap.2026rental
Superseded: 2025-01-01 · Prior rule effective: 2024-01-01
Previous value
```
{
  "annual_pct": 0.035,
  "year": 2024
}
```
New value
```
{
  "annual_pct": 0.03,
  "year": 2025
}
```
View in Codex →Prior-rule source (BC Government)

CMHC default insurance maximum purchase pricecmhc.insurance_capmortgage

Superseded: 2024-12-15 · Prior rule effective: 2012-07-09

Previous value

{
  "max_price": 1000000,
  "min_downpayment_first_500k": 0.05,
  "min_downpayment_above_500k": 0.1,
  "min_downpayment_above_cap": 0.2
}

New value

{
  "max_price": 1500000,
  "min_downpayment_first_500k": 0.05,
  "min_downpayment_above_500k": 0.1,
  "min_downpayment_above_cap": 0.2
}

$1M cap from 2012-07-09 to 2024-12-15.

View in Codex →Prior-rule source (CMHC)

Home Buyers' Plan RRSP withdrawal limitcra.hbp.withdrawal_limittax

Superseded: 2024-04-16 · Prior rule effective: 2019-03-19

Previous value

{
  "withdrawal_max": 35000,
  "repayment_period_years": 15,
  "repayment_grace_period_years_standard": 2
}

New value

{
  "withdrawal_max": 60000,
  "repayment_period_years": 15,
  "repayment_grace_period_years_standard": 2,
  "repayment_grace_period_years_extended": 5,
  "extended_grace_window": [
    "2022-01-01",
    "2025-12-31"
  ]
}

$35,000 withdrawal limit applied for withdrawals before April 16, 2024.

View in Codex →Prior-rule source (CRA)

BC First Time Home Buyer PTT exemptionbc.ptt.fthb_exemptiontax

Superseded: 2024-04-01 · Prior rule effective: 2017-02-22

Previous value

{
  "full_exemption_max": 500000,
  "fixed_reduction_band_max": 525000,
  "fixed_reduction_amount": "partial",
  "phase_out_band_max": 525000,
  "phase_out_per_dollar_above_500k": null
}

New value

{
  "full_exemption_max": 500000,
  "fixed_reduction_band_max": 835000,
  "fixed_reduction_amount": 8000,
  "phase_out_band_max": 860000,
  "phase_out_per_dollar_above_835k": 0.32
}

Pre-April 2024 thresholds. The 2024 budget materially raised the full exemption cap and introduced a flat $8,000 reduction band.

View in Codex →Prior-rule source (BC Government)

BC Newly Built Home PTT exemptionbc.ptt.newly_built_exemptiontax
Superseded: 2024-04-01 · Prior rule effective: 2016-02-17
Previous value
```
{
  "full_exemption_max": 750000,
  "phase_out_band_max": 800000
}
```
New value
```
{
  "full_exemption_max": 1100000,
  "phase_out_band_max": 1150000
}
```
Pre-April 2024 thresholds.
View in Codex →Prior-rule source (BC Government)

Federal Prohibition on the Purchase of Residential Property by Non-Canadians Actca.foreign_buyer_banforeign-buyer

Superseded: 2024-02-04 · Prior rule effective: 2023-01-01

Previous value

{
  "current_expiry": "2025-01-01"
}

New value

{
  "effective_date": "2023-01-01",
  "current_expiry": "2027-01-01",
  "geographic_scope": "Census Metropolitan Areas + Census Agglomerations",
  "unit_count_exclusion": "residential property of 4+ units excluded",
  "penalty_max": 10000,
  "penalty_includes_forced_sale": true
}

Original Act had 2-year sunset until Jan 1, 2025.

View in Codex →Prior-rule source (Government of Canada)

BC Real Estate Boards (MLS-operating)bc.real_estate_boardslegal
Superseded: 2022-01-01 · Prior rule effective: 1995-01-01
Previous value
```
{
  "count": 11
}
```
New value
```
{
  "count": 8,
  "largest_boards": [
    "Greater Vancouver REALTORS (GVR, formerly REBGV)",
    "Fraser Valley Real Estate Board (FVREB)",
    "Vancouver Island Real Estate Board (VIREB)"
  ],
  "mls_rules_framework": "CREA + BCREA",
  "fvreb_territory": [
    "Surrey",
    "Langley",
    "North Delta",
    "White Ro…
```
Pre-amalgamation: BC had 11 MLS-operating boards before Kamloops, Okanagan Mainline, and South Okanagan merged into the Association of Interior REALTORS (2021) and the Kootenay board joined (2022), consolidating to 8.
View in Codex →Prior-rule source (BCREA)
Material Latent Defect disclosure obligationbc.mld_disclosurelegal
Superseded: 2021-08-01 · Prior rule effective: 2005-01-01
Previous value
```
{
  "statutory_basis": "Real Estate Services Rules (BC Reg 14/2005), s. 5-13",
  "cannot_be_waived": true,
  "independent_of_pds": true,
  "seller_obligation_via_agent": true
}
```
New value
```
{
  "statutory_basis": "Real Estate Services Rules (BC Reg 209/2021), s. 59",
  "cannot_be_waived": true,
  "independent_of_pds": true,
  "seller_obligation_via_agent": true
}
```
Same obligation, renumbered. Under the pre-2021 Rules this was s. 5-13; BC Reg 209/2021 took effect 2021-08-01 with new numbering and it became s. 59. The site carried the old number until 2026-08-02.
View in Codex →Prior-rule source (BC Government)

City of Vancouver Empty Homes Tax ratelocal.vancouver.eht_ratetax

Superseded: 2021-01-01 · Prior rule effective: 2020-01-01

Previous value

{
  "rate": 0.0125
}

New value

{
  "rate": 0.03,
  "combined_with_svt_canadian_pr": 0.04,
  "combined_with_svt_foreign": 0.06,
  "declaration_deadline": "2026-02-03",
  "payment_deadline": "2026-04-16",
  "late_declaration_deadline": "2026-07-03"
}

1.25% for the 2020 reference year; 1% for 2017-2019.

View in Codex →Prior-rule source (Other)

BC Foreign Buyer Additional Property Transfer Taxbc.ptt.foreign_buyer_additionaltax
Superseded: 2018-02-21 · Prior rule effective: 2016-08-02
Previous value
```
{
  "rate": 0.15,
  "specified_areas": [
    "Metro Vancouver Regional District"
  ]
}
```
New value
```
{
  "rate": 0.2,
  "specified_areas": [
    "Metro Vancouver Regional District",
    "Capital Regional District",
    "Fraser Valley Regional District",
    "Regional District of Nanaimo",
    "Regional District of Central Okanagan"
  ]
}
```
Introduced at 15% covering Metro Vancouver only. Raised to 20% and widened to five regional districts on 2018-02-21.
View in Codex →Prior-rule source (BC Government)

· Methodology — how we research, verify, and re-verify
· Verification trail — every fact, every retrieval date
· BC Real Estate Codex — every fact rendered with provenance
· Cross-fact changelog — visual diff timeline

Bronson Job PRECREALTOR® · Momentum Realty Inc.GVR Member #6015742 · FVREB Member #FJOBBR

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