February 2018

Changes in Housing Market Brought On by 2018 BC Budget

Posted on Feb 21, 2018

From the first full BC Budget the NDP has done since 2011 yesterday, many changes were announced. Housing and childcare seem to be the two sectors in the spotlight. The changes that impact our real estate market here are:

Speculation Tax
Starting this year, the provincial government will apply a 0.5 per cent speculation tax on homes owned by people w...

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