First time home buyers, your home just became more affordable.  Are you looking to buy a home valued under $475,000?  Read this and you will have $7500 reasons to buy a home under that threshhold 

Property Transfer tax change for B.C. First TIme home buyers 

1. First time home Buyers. Save $7500 on your home purchase. The BC Government changed the Property Transfer tax from $425,000 to $475,000. This difference will mean if you are a first time buyer you pay no tax on homes purchases under $475,000 saving you $7500 in purchase tax. Your new home home just got more affordable. Thank you BC Government Here is a link to the Budget.: http://www.bcbudget.gov.bc.ca/2014/default.htm