Market Intelligence

February 23, 2018, by: Fifth Avenue

What does the BC NDP’s 2018 Budget mean for the Real Estate Industry

What does the BC NDP’s 2018 Budget mean for the Real Estate Industry The BC NDP presented the budget for 2018 earlier this week generating a buzz amongst British Columbians. This long-anticipated announcement came with changes from the government that are meant to soften demand for Real Estate, in turn creating a more affordable environment. Some of the key changes that have a direct effect on the Real Estate Industry include:

For more information on the changes announced by the government, check out the BC Budget 2018 highlights.

While we appreciate the government’s efforts to create a more affordable and fair Real Estate environment for local buyers, we are left asking ourselves does this do the trick?

Let us know what you think.

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