land transfer tax

Over $5 billion worth of residential property was sold in the Greater Toronto Area this September, according to the Toronto real estate Board, up 4 per cent from September 2017. The total dollar volume of sales … Read More

A house in Canada is expensive enough as is. The national average for a home is $496,000 according to the most recent data by the Canadian Real Estate Association. But it’s not only the property itself … Read More

While Canada’s tumultuous real estate market is never a snooze, 2016 ushered in considerable change for buyers and sellers. A number of new policy changes, taxes, and regulations that altered affordability and expectations came into play … Read More

This summer wasn’t quiet when it came to personal finance stories. The marquee—a new tax on foreign homebuyers in Vancouver—sent ripples in all directions throughout the housing market. There’s lots to talk about on that subject, … Read More

British Columbia’s provincial government got to work and made significant changes that are expected to have a major impact on the housing market. Those changes, as well as the usual excitement about real estate, made up … Read More

The Government of British Columbia is taking action to slow the flow of foreign money into Vancouver’s real estate market by adding a 15% tax on homes purchased by foreign nationals. The new rules announced earlier … Read More

Sponsored by: Before buying their first home, Rosemary and Andrew lived in a condo they rented in downtown Toronto.

In many Canadian provinces, the most expensive closing cost a homebuyer will face is their land transfer tax. We say many because there is no land transfer tax (LTT) in Calgary, Alberta. Instead, the city charges … Read More

Image:  http://www.pallspera.com If you’re a first-time homebuyer, you may or may not be aware of some of the credit and rebate programs that are available to you. On top of the Home Buyers’ Plan, which I’ll talk … Read More

In most Canadian provinces, the largest closing cost homebuyers will face is land transfer tax – this can be especially true in British Columbia, home to the most expensive market in the country, Vancouver. Land transfer tax (LTT) … Read More