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Vancouver homes so pricey, government offering loans for down payments

British Columbia will offer to match the nest egg amassed by buyers for their first house by up to C$37,500or 5 per cent of the purchase value.


HOME prices are so expensive in Canada's priciest property market that the government is stepping in with loans to help first-time buyers rustle together a down payment.

The province of British Columbia will start a programme on Jan 16 that will offer to match the nest...

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