Zillow British Columbia (2024)

FAQs

Does Canada have a Zillow equivalent? ›

Zillow is the leading real estate marketplace dedicated to helping buyers, sellers, and renters find information and inspiration around the place they call home. Zillow Canada listings feature property photos, listing price, neighborhood maps, upcoming open houses (as allowed safely) and nearby homes for sale.

Prohibition on the Purchase of Residential Property Act by Canadians Act. Starting January 1, 2023, non-Canadians will be prohibited from purchasing residential real estate in Canada.

British Columbia's carbon tax adds pressure to fuel prices, leading to higher costs for both personal vehicles and public transit. The combined effect of these expenses can make daily life surprisingly expensive for newcomers accustomed to lower costs elsewhere in Canada.

Parksville topped a list of the 111 urban centres with the highest concentrations of older residents. A map of Vancouver Island and southwest B.C. highlighting Parksville and Sidney on Vancouver Island, Sechelt in the Sunshine Coast and White Rock south of Vancouver.

Key Takeaways. The cheapest place to live in BC is Prince Rupert. Other places that are cheap to live in BC include Prince George and Dawson Creek. The most expensive cities to live in BC are Vancouver and Victoria.

Overall, Canada is more affordable than the US, but the US has a higher median income. Comparing the cost of living in both countries is tricky because living costs vary dramatically within each city. It's important to consider the hidden costs and savings of public goods and services when comparing costs of living.

For real estate investors, looking to Canada can diversify one's portfolio of properties and generate an alternative source of rental income. U.S. residents can own property in Canada without becoming a resident of Canada, but must report income or proceeds from a sale to both country's taxing authorities.

Canada's Average Home Price: $487,540

According to WOWA, the average price of a home in Canada in November was CA$646,134, which is $487,540 in U.S. dollars. “Homes in Canada appear to be about 19% more expensive, after the currency conversion,” Hodgson said.

A: Yes, a U.S. citizen can retire in Canada! It's especially easy if you already have a family member who lives there — particularly a child or grandchild — but there are other ways to retire there if you don't.

British Columbia's housing market is also seeing home prices fall, with an average home price of $959,480. That's a 3.9% month-over-month decline and a 0.9% year-over-year decrease. The province saw 6,943 sales in July 2024, marking a 2.0% decrease from the previous month and a 2.1% decline from the previous year.

Can a US citizen move to British Columbia? ›

Yes, if you are an American citizen, you may live in Canada. If your stay exceeds 180 days, you will most likely need a visa. You will also need a visa or work permit if you intend to work in Canada.

9.5 percent of the population of British Columbia was considered to be in low income in 2021.

But over the last year more British Columbians — about 8,000 — have left the province for other parts of Canada than have arrived from within it. They're seemingly doing so to escape a drab economy and the cost of housing. Meanwhile, at the national level, about 35,600 people have left Canada altogether.

For example, as noted in a new study published by the Fraser Institute, B.C. had the fourth-highest top combined (federal and provincial) income tax rate (53.5 per cent) among 61 Canadian and U.S. jurisdictions in 2023, the latest year of comparable data, and the highest top combined rate among its regional neighbours ...

Vancouver not only ranks as one of the world's most livable cities, but has also been called one of the bestfood cities in the world. Beyond food, our arts and cultural scene delights, with festivals, museums, live performances, indigenous art and more.

In BC, cities like Delta and Port Moody are celebrated for having some of the lowest crime rates, not just in the province but also compared to other Canadian cities. Their low crime severity index makes them ideal for those seeking a peaceful and secure living environment.

The Canadian Rockies

The Rocky Mountains are simply majestic, and top of our list of the most beautiful places in British Columbia.

However, BC offers a high standard of living, excellent healthcare, and a wealth of recreational opportunities, making it a worthwhile investment. With thoughtful planning and budgeting, you can navigate the higher-than-average cost of living and enjoy all that BC has to offer.