For those potential first time home buyers considering a purchase in 2024 or those with an upcoming purchase of a pre-sale property, the newly announced increase in the qualification thresholds could mean that you may be able to save on a portion of your property transfer tax provided you meet all of the conditions.
For additional information about these changes and how they might affect you, please read my article on Vancouverpresaleprojects.com. For a more comprehensive look at these newly announced changes, you can find more information at: www.bcbudget.gov.bc.ca/2024