B.C. Targets Pre-Sale Condo Flippers With New 'Integrity Register'

Flipping is happening without oversight and is partly to blame for rising house prices, the province says.

3 hours ago B.C.'s New 'Integrity Register' Aims At Pre-Sale Condo Flippers Canadian Press Darwin Fan via Getty Images The Burrard Bridge and condos along Vancouver's False Creek, June 21, 2015.

The British Columbia government says it has launched Canada's first registry aimed at cracking down on pre-sale property flipping and tax evasion in B.C.'s real estate market. The Ministry of Finance says the Condo and Strata Assignment Integrity Register will improve fairness and transparency in property transactions.

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