If you have been following the controversy, you probably are aware that the new combined GST and PST (HST) will come into affect on July 1st, 2010.   That’s an extra whammy of 7% being added to purchases (goods and services) that never had them before.  That’s right … instead of paying 5% GST on many goods and services, you will now be paying 13%.

If you are buying a home … will that affect you?  YES … on NEW home purchases.

IF you are considering purchasing a NEW home … now is the time to buy because on July 1st  the price will automatically go up an additional 7%  (total 13%).

This entry was posted on Tuesday, December 22nd, 2009 at 1:19 pm and is filed under General Info. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.