Americans Buying Canadian Real Estate? There’s A Tax For That
Americans fleeing President Trump might be surprised by the cost of Canadian real estate – especially since they’re “foreign buyers.”
Americans fleeing President Trump might be surprised by the cost of Canadian real estate – especially since they’re “foreign buyers.”
Yes, President Donald Trump will have an impact on Canadian real estate – and it’s not just because of the Americans moving here.
The penthouse at 277 Thurlow Street just listed for $58.8 million. If it sells near there, it’ll set a new record for Vancouver real estate.
All of this bubble talk had little impact on buying, as Toronto real estate continued to see an increase in demand-side pressure.
Vancouver real estate continued it’s slow slide for a second month in a row. Composite demand is now closer to a balanced territory.
File another one under “whoopsie daisies” for Vancouver real estate. September’s numbers may have been off by up to 5%.
Quebec’s anti-corruption squad is alleging four prominent Quebec Liberal Party fundraisers engaged in a massive real estate fraud scheme.
The government’s endorsement of the Millennial work environment is going to have a serious consequences for Canadian real estate markets.
$20 million doesn’t buy what it used too, especially when it comes to Vancouver real estate. Just check out this drone tour of this teardown.
Did China’s recent crackdown on corruption lead to billions of dollars being laundered by triads using Canadian real estate? Probably.