Foreign Buyers or Domestic Greed? Over 121,000 Toronto Homeowners Own Multiple Homes In The City
New data from the Ministry of Finance shows that Toronto real estate has a bigger problem than foreign buyers, speculators from Toronto.
This Week’s Top Stories: The World’s Most Expensive Cities, Chinese Buyers Have Hit Peak, and Canadians Are Making Less
This week we found out the world’s most expensive cities, Chinese buyers might have hit peak, and Canadians are making less than last year.
Founders of China’s Largest International Real Estate Portal Leave The Game
Still waiting for foreign buyers? Because the founders of Juwai, China’s largest international property portal have just cashed out, so…
This Week’s Top Stories: Global Capital Flows, Vancouver Buyers, and Toronto’s Soaring Prices
We summarize this week’s smartest insights, including Asia’s speculation problems, Vancouver’s buying pools, and Toronto real estate prices.
Flood of Foreign Buyers In March? Nope. China’s FX Reserves Rise Again
Did foreign buyers run the Canadian real estate market in March? Not likely, since China saw another month of capital inflows, not outflows.
Vancouver’s Foreign Buyer Tax Didn’t Stop Real Estate Sales, China Did
Think a foreign buyer tax reduced sales of Vancouver real estate? Not exactly. Declining sales have more to do with a China stopping outflows.
Chinese New Year Sales of Vancouver Real Estate Down 78%
Vancouver real estate saw less than a quarter of the typical buying during the usually busy Chinese New Year period.
Vancouver Real Estate Sees A 91% Decline In Luxury Foreign Buyers
Foreign transactions of luxury real estate in Vancouver are on the decline. Both the number of transaction and median price are dropping.
Over Half of Chinese New Year Travelers Will Consider Buying Property, But Here’s The Thing…
The biggest travel season in history is going down for Chinese New Year, and apparently many of the travelers plan on hunting for property.
China’s Largest Company Just Partnered To Sell US & Canadian Real Estate
Juwai, China’s largest international property portal, has partnered with China’s Tencent to ramp up sales of US and Canadian real estate.
