In an effort to make housing more affordable in Greater Vancouver, B.C.’s latest budget exempts newly-built homes worth up to $750,000 from the property transfer tax.
real estate
February 18, 2016
3:10AM
February 10, 2016
10:39AM
There’s been a lot of media coverage on “house flipping” in Vancouver, and quick sales are common in many real estate markets.
November 12, 2015
9:58AM
A recent study found that 70 per cent of detached homes listed in Vancouver’s West Side went to Mainland Chinese buyers. But is this a problem?
November 10, 2015
9:15AM
Like most taxes, the land-transfer tax does more than transfer money from homebuyers to the government—it stifles economic activity and makes moving less attractive.
September 9, 2015
8:12AM
The prime minister's "foreign ownership" plan may make for good politics but the underlying economics is questionable, to say the least.