Foreign Buyers

• As foreign homebuyer ban takes effect, experts expect little change in B.C.

  The new measure, which took effect on Jan. 1, 2023, bars most non-residents and foreign commercial enterprises from buying residential properties in Canada for the next two years.

  Economy

  Jan 2, 2023
  
• B.C. court strikes down lawsuit that claimed foreign buyers tax is unconstitutional

  The judge disagreed with the lawsuit's claim that the foreign buyers tax disproportionately targets Asian buyers, particularly of Chinese descent.

  Oct 26, 2019
  
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• Affordable housing: Would copying New Zealand’s foreign buyers ban help?

  Is housing about making money or having a place to live? It's time to talk, says the Canada Research Chair in urban change and social inclusion.

  Features

  Apr 20, 2019
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• Foreigners prefer newer condos in Metro Vancouver: study

  A Canada Mortgage and Housing Corporation economist says 10.4 per cent of condos in B.C. have at least one non-resident owner.

  Economy

  Mar 13, 2019
• New survey finds 90% of residents agree there’s a housing crisis in Metro Vancouver

  "We're the only place in the country where the vast majority of us choose housing as the number one issue."

  News

  Aug 2, 2018
• Montreal turns into hot spot for Chinese real estate shoppers: Juwai report

  Montreal was the hot Canadian real estate market for Chinese nationals last year as interest slipped in Toronto and Vancouver following the introduction of foreign buyers taxes, says a report from a website for buyers of overseas properties.

  Canada

  Jul 4, 2018
• More than 1 in 10 homes are owned by non-residents in one part of Metro Vancouver: data

  The share of non-resident-owned homes in this part of the region is close to what it is in Whistler, a resort community.

  Canada

  Jun 28, 2018
• Are foreign buyers being ‘scapegoated?’ This B.C. senator thinks so

  "All of this focus... is pushing our politicians to come up with kind of knee-jerk responses to target and attack foreign buyers."

  Canada

  Apr 30, 2018
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• One of these guys says foreign buying is an issue. The other, something quite different

  Very different views of foreign buying from two sides of the aisle.

  Canada

  Jan 17, 2018
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• In Vancouver, you’re competing with non-residents for condos worth as little as $600K

  For condos valued at $600K and up, non-residents own at least 1 in 10 across Metro Vancouver.

  Canada

  Jan 10, 2018