The British Columbia First-Time Home Buyers’ (FTHB) Program is a provincial initiative designed to eliminate or significantly reduce the Property Transfer Tax (PTT) for those entering the housing market. Since the landmark changes introduced in the 2024 Budget, the program has been expanded to better reflect current market values. As of March 2026, eligible buyers can save up to $8,000 on their purchase, helping to lower the immediate closing costs of a first home. Click here for more information.
First Time Home Buyers PTT Exemption Calculator
Standard PTT:
$0
FTHB Exemption:
-$0
Net Tax Payable:
$0
Please contact our office to confirm your First Time Home Buyer PTT Exemption eligibliity.