Speculation tax reducing price of B.C.’s recreational homes: survey

B.C. one of only three regions expecting price declines, finds nationwide survey of recreation specialist realtors.

Although the average price of a recreational property in Canada is expected to increase 5.8 per cent this year, the same can’t be said of B.C. vacation homes, which are forecast to fall in price by nearly three per cent.

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http://www.vancourier.com/real-estate/speculation-tax-reducing-price-of-b-c-s-recreational-homes-survey-1.23326699