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susan carr
New Member
Although there has been a "softening" of the real estate market in two provinces, British Columbia and Ontario - this does not reflect the real estate market per se but the introduction of a new tax system in those provinces. The markets had been "hot" for the previous months leading up to the tax and will continue to rise, especially in British Columbia, once the citizens have adjusted. Investment in commerical properties have skyrocketed in British Columbia - a reflection on investment dollars coming into a province that welcomes investors and the new HST tax that will be of benefit to them.