BC Just Introduced A Tax on Sale of Homes Within Two Years of Purchase!

This week, the British Columbia government introduced a new tax aimed at residential properties sold within two years of purchase with the aim of supporting and not impeding housing supply. While time will tell if this new tax will achieve its stated objective, its anticipated overall effectiveness in addressing British Columbia’s housing supply is far from clear.

For a deeper dive into the implications of BC’s Home Flipping Tax and its potential impact on the housing market, especially in high-demand areas like Metro Vancouver, continue reading on VancouverPresaleProjects.com.