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Property Transfer Tax Exemption increase for first time buyers

Geat news for first time buyers.

Budget 2017—BCREA News Release

Vancouver, BC – February 22, 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.

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