BC residents are again being reminded there will be some changes when homeowners get their property assessments from the provincial assessment agency this year.
The notices will list a property’s market value, for both July 2008 and, July 2007, with the lower of the two values being used, as the official number for 2009.
The move follows an announcement by Premier Campbell last November, that the government would freeze property assessments at 2007 levels, to help people cope with turbulent housing prices.
Mr. Campbell also promised to bring in a measure, which would allow homeowners to temporarily defer paying their property taxes.
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