Vancouver Foreign Buying Activity Slowed Dramatically After Property Transfer Tax

VICTORIA — Property purchase figures released Thursday by British Columbia's government reveals a stampede of foreign home buyers scrambling to avoid paying an additional 15 per cent a tax in the days before the Aug. 2 deadline.The numbers also revealed that the rush slowed to a trickle after the tax deadline, prompting B.C. Premier Christy Clark to suggest her government was responsible for reining in the province's scorching real estate market."It's fair to say we may have had an...

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