Government Reduces Tax Burden on First Time Buyers

February 19th, 2014

This newsflash from the Real Estate Board of Greater Vancouver is fantastic news for all first time buyers!

 

First-time home buyers received welcome news in today’s provincial budget. The government has announced, effective February 19, 2014, under the Property Transfer Tax (PTT) First-Time Home Buyers’ Exemption program, qualifying first-time buyers can buy a home worth up to $475,000. ...