Blog Post

Threshold Raised on Property Transfer Tax for First-Time Buyers

Tom Ireland • February 24, 2017

The threshold for first-time buyers to pay property transfer tax has been raised, allowing you to buy more home without paying PTT. The post Threshold Raised on Property Transfer Tax for First-Time Buyers appeared first on Andy Schildhorn, PREC.

One of the biggest pieces of news from the recent provincial budget was that the threshold for first-time buyers to pay property transfer tax has been raised from $475,000 to $500,000. That’s an extra $25,000 of house that budding homeowners can buy without having to pay PTT. If you are planning to buy your first home and would like some advice, please give me a call!

🤗 Sometimes we need to smile.

By Andy Schildhorn • February 21, 2025
Baby eagles seemed appropriate after the Superbowl result. Would have much preferred it to be putting a baby Bengal Tiger but maybe next year! Support our very own LAPS   📣 "He is not a full man who does not own a piece of land." — Hebrew Proverb

🚗 Live Traffic Views in Langley

By Andy Schildhorn • February 20, 2025
The Township of Langley Traffic Cameras for up to date traffic information. Click here

🏡 Fraser Valley’s Market Snapshot January, 2025 📈

By Andy Schildhorn • February 19, 2025
SURREY, BC — Growing inventory and stable prices could lead to opportunities for buyers in the Fraser Valley market this winter despite uncertain economic conditions. Read More
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