Toronto real estate isn’t doing so hot, and Toronto and Vancouver see huge growth in six-figure households, but stagnant median incomes.
Toronto real estate is seeing foreign buyers drop at a rapid pace, according to data obtained from the Ontario Ministry of Finance.
Mainland Chinese real estate buyers have disappeared from global markets, as China’s foreign exchange reserves rise for the 7th month in a row
Some Canadians might think Toronto and Vancouver real estate is dangerous right now, but not for any of the reasons being advertised here.
The world’s largest real estate buyers are still short on cash, as China’s improved capital controls sent reserves to a 9 month high.
In order to understand Vancouver real estate, you need to have a basic overview of how and why foreign money entered the market.
Foreign buying of residential real estate is surging across the United States, reaching over $153 billion in sales over the past year.
Foreign ownership of Canadian real estate has been a hot button issue, but how does foreign ownership of the industry stack up?
We talk to Dr. Joseph Wang, an expert at China’s capital flows, to find out how people are circumventing the rules to buy real estate.
Vancouver real estate isn’t the hotspot for BC’s foreign buyers. Instead, the suburb of Richmond is seeing 1 in 10 homes go to non-residents.
