BC Foreign Buyers Tax

• B.C. budget: new housing taxes might not knock down prices, but they could help tame them

  SFU Prof. Joshua Gordon: "This is a measure that helps reconnect the housing market to the local labour market by discouraging ownership by people who aren't making income locally."

  Feb 21, 2018
  
• 4 charts that show how foreign buyers’ taxes can yank prices down in Vancouver, and elsewhere

  The CMHC stressed that it doesn't dispute that foreign buyers affect home prices.

  Feb 9, 2018
  
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• New Vancouver mortgages took a ‘significant’ hit after foreign buyers tax, data show

  And it's a sign that the tax has affected more than just foreign investment, analysts say.

  Economy

  Sep 6, 2017
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• Vancouver home prices may have finally shaken off foreign buyers’ tax: index

  It appears to have taken nine months.

  Canada

  Jun 15, 2017
• Toronto realtors call foreign buyer tax ‘misguided,’ as prices set to soar

  Such a tax would lead to "tighter market conditions and stronger price growth in neighbouring communities," they say.

  Canada

  Feb 1, 2017
• B.C. to lift foreign buyers tax for people with work permits

  B.C.'s premier has announced the province is lifting the 15 per cent foreign buyers tax for anyone living in Metro Vancouver with a work permit.

  Politics

  Jan 29, 2017
• Dramatic decline in September home sales, Vancouver realtors predict

  Realtors are predicting a steep decline in detached-home sales when the Real Estate Board of Greater Vancouver releases sales data for the month of September later today.

  Canada

  Oct 4, 2016
• Premier Christy Clark says foreign buyers tax ‘a step in the right direction’

  Her comments come just over a month after the 15 per cent tax went into effect.

  Economy

  Sep 7, 2016