Transition measures support new-home buyer, builders
Transition measures support new-home buyer, builders
Please click podcast listen to Cantonese interview
OK Economists, can u predict how our B.C. housing market is going to be like for the rest of the year when the govt is introducing a new HST threshold rebate from 525kk to 850k, rebate amount up from $26,250 to $42,500? This new rule comes effective on April 1st, 2012 to April 1st, 2013 when the HST will officially be gone. More than 90 per cent of newly built homes sold in B.C. are below the new higher rebate threshold.
Click Transition measures support new-home buyers, builders to read more.