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View Of Okanagan Valley

Living in the Okanagan Valley

  • March 31, 2016

Come for the weather, stay for the lifestyle. There is no denying that the Okanagan Valley is becoming one of the most sought after locations in Western Canada, and balmy weather is not the only thing that is driving people here. The people, the activities, the investment opportunities and the family life are just some of the reasons why more people are choosing this area. Kelowna and Vernon provide an abundance of necessities for when you need to take care…

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Lake Kalamalka View From Ridges On Middleton

BC Adjusts Property Transfer Tax

  • March 3, 2016

The new housing affordability measures were announced recently in Burnaby, creating big changes. Effective February 17th 2016, the purchase of a qualifying new housing unit valued up to $750,000 will be exempt from the Property Transfer Tax (PTT). This is a significant savings when buying a new home. For example, if you purchase a new home at a price of $400,000, you will be exempt from paying the $6,000 in property transfer tax.   The tax structure change has being…

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