The impact of last year’s foreign buyer’s tax seems to be wearing off in the always-interesting Vancouver housing market. The most expensive city for real estate is now seeing demand for homes and sales of property is likely to increase.
Foreign investments have an impact on the high prices in Canadian real estate, however data and statistics on foreign ownership in Canada is not easy to find making it difficult to ascertain the exact impact.
Founded by the Khan brothers, KUJI Homes is a growing Construction and Development company based in Vancouver.
Toronto is the new destination for foreign real estate buyers who have been scared off by the additional 15 percent taxation that that they will incur if they choose to buy property in Vancouver, a report said.
Styles change, your needs change, but you don’t want to move homes, so a home addition might be just what you need. Georgian’s craftspeople are ready to make a reality. Not only will this enhance your enjoyment of your home, the value will increase.
Remember that Asia is a huge market and respecting the intricacies of business relationships with foreign clients can be difficult, but do not let it hinder you.
Five percent of all real estate purchases made in Metro Vancouver were by foreign buyers and almost all of them were Chinese nationals, according to preliminary data collected on foreign investment in the real estate market.
Barrie is a city in southern Ontario on Lake Simcoe with a population of about 135,000, and an hour’s drive north up the 400 highway from Toronto. Barrie real estate offers some great opportunities.
Average prices of farmland across Canada rose 10 percent last year as low interest rates and strong income from crops helped retain demand.
New Skyscraper Being Constructed in Calgary Is Expected to Be the City’s Tallest, but Unlikely to Be Full With Tenants.