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New Home HST/GST Calculator
Calculate the HST on a New Home by using this BC Real Estate NEW HOME HST/GST CALCULATOR provided by the law firm of Rosborough & Company (http://www.rosborough.com/bc-real-estate-new-home-hst-calculator.html).
Property Transfer Tax & First-Time Home Buyers Information
Property Transfer Tax should not be confused with Property Tax. The Property Transfer Tax is a one time tax paid to the Provincial Government by purchasers of real estate.
Bank of Canada maintains overnight rate target at 1 per cent
CMHC to Increase Mortgage Insurance Premiums
For the average Canadian homebuyer requiring CMHC insured financing, the higher premium will result in an increase of approximately $5 to their monthly mortgage payment. This is not expected to have a material impact on the housing market.