Foreign Buyer Tax
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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."CanadaApr 30, 2018
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Luxury home sales in Vancouver, Toronto plummet after government measures: Re/MaxEven luxury real estate buyers are holding off in Toronto and Vancouver.CanadaSep 27, 2017
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Hong Kong woman wants her ex out of B.C. home. The problem? His name is on the titleShe put the house in his name to avoid the foreign buyers' tax. But now she claims he won't leave.CanadaSep 21, 2017
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Home sales to foreign buyers drop in southern OntarioThe latest home sales data show a drop in the number of purchases by non-Canadians in the Greater Golden Horseshoe area.CanadaSep 14, 2017
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Foreign buyers concentrated in Toronto and suburbs after new real estate taxThe Ontario government says there were 857 residential and agricultural real estate purchases by foreigners in the Greater Golden Horseshoe - which stretches from the Niagara Region to Peterborough, Ont. - between April 24 and May 26.CanadaJul 12, 2017
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Foreign buyer activity in Ontario market at about 5%, government saysThe foreign buyer tax was one part of a 16-part housing plan the government introduced as the housing market in the Toronto area.MoneyJul 4, 2017
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Toronto-area home sales drop in May after province introduces foreign buyers’ taxThe average selling price for all properties in May was $863,910, up from $752,100 the same month last year, but that was down from $919,614 in April, the first month-over-month drop this year.CanadaJun 5, 2017
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Ontario finance minister can’t say if foreign buyer tax will affect GTA housing marketWhen asked what data the decision to implement such a tax was based on, Charles Sousa cited a November 2016 Toronto Real Estate Board survey that suggested foreign buyers were involved in about five per cent of purchases.EconomyApr 21, 2017
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Why Canada wins, but many Torontonians lose, from Ontario’s new housing measuresMeasures can help tame the city's housing bubble but won't make homes affordable.CanadaApr 20, 2017
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As Toronto weighs housing tax, prices in Vancouver are creeping up againHousing taxes may be only a temporary fix, economists warnCanadaApr 19, 2017
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