Calgary and Montreal are on track to eclipse Toronto and Vancouver as Canada’s fastest growing luxury real estate market this year as rising consumer confidence…
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Move over, Toronto and Vancouver: Calgary and Montreal are set to become Canada’s fastest growing luxury property markets
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Foreign buyers using Canadian homes as piggy banks, RBC CEO warns
Foreign inflows are distorting Canada’s already constrained housing market and aren’t the kind of investment the country needs, the chief executive officer of Royal Bank…
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Expansion of foreign buyers tax to Okanagan, Vancouver Island questioned
A house for sale. JONATHAN HAYWARD / THE CANADIAN PRESS VANCOUVER — A foreign buyers tax will do little to cool the British Columbia housing markets…
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B.C. housing taxes could put recent buyers underwater on mortgages
VICTORIA — British Columbians who bought homes last year in an attempt to borrow before a federal tightening of mortgage rules could be most at…
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Taxing foreign investment in real estate: Let’s be open and honest
Foreign investors will now be taxed an additional 15% of the purchase price on residential properties in Vancouver. Related 10 things to consider for any real estate…