Vancouver, BC – February 22, 2017. On the
heels of multiple government announcements in 2016 and early 2017, the British
Columbia Real Estate Association (BCREA) welcomes the latest: an increase in the
Property Transfer Tax exemption threshold for first-time buyers, announced in
Budget 2017. The increase, to $500,000 from $475,000, takes effect today.
BCREA appreciates this governmen ...