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BC HST’s Impact on Vancouver Residential Real Estate: Could it Push Prices Up?

 BC HST and Vancouver Real Estate: What will be the Impact? First the Facts on BC HST! - There's a commonly held misconception about British Columbia's Harmonized Sales Ta and that is BC's HST is payable on all properties transferred in BC after July 1, 2010. This is not the case! BC HST is only payable on brand new properties! I mention this because many in the media have been saying BC's HST will have a downward effect on the Vancouver real estate market, because they're under the incorrect impression all properties will be subject to HST after the…

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