Michael Antczak | Real Estate Sales Representative Serving Vaughan, Kleinburg | RE/MAX Premier Inc., Brokerage | Real Estate Mike for All Your Real Estate Needs

foreign buyers tax News and Articles | My Blog

Chinese Interest Is Up In The GTA, But They're Not Interested In Speculation

9/22/2017 | Posted in Foreign Buyers by Michael Antczak

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Some media outlets recently reported that interest in Canadian real estate among Chinese buyers increased 30 per cent in the first half of this year, compared to a ... More


Foreign buyers' tax is working says Ontario government

9/15/2017 | Posted in Ontario Real Estate by Michael Antczak

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The number of non-resident owners of real estate in The Greater Golden Horseshoe has declined since the introduction of Ontario’s Fair Housing Plan in the spring.

... More


There is now better foreign buyer data than ever before

8/30/2017 | Posted in Foreign Buyers by Michael Antczak

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The government has perhaps its best understanding of just how influential foreign buyers are on Canada’s hottest markets, according to one big bank.

... More


Foreign buyer activity in Ontario housing market about 5 per cent: government

7/5/2017 | Posted in Foreign Buyers by Michael Antczak

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Newly released figures show nearly five per cent of home purchases in Ontario's Greater Golden Horseshoe region were made by non-residents since the Liberal government ... More


New Ontario regulations on buyers' citizenship effective today

4/24/2017 | Posted in Ontario Real Estate by Michael Antczak

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Regulatory changes that require home buyers in Ontario to provide complete information on their citizenship and place of residence take effect today.

... More


Ontario to tax foreign buyers, expand rent control

4/20/2017 | Posted in Ontario Real Estate by Michael Antczak

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Ontario plans to help cool a hot housing market by bringing in a 15-per-cent foreign buyer tax, expanding rent control, allowing Toronto to impose a tax on vacant homes and ... More


Ontario puts foreign buyers' tax back on the table as hot housing market raises alarms

3/10/2017 | Posted in Ontario Real Estate by Michael Antczak

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A foreign buyers’ tax is back on the table in Ontario, with the finance minister saying it’s one possible option he’s looking at to cool the housing ... More


Ontario will not follow B.C.'s tax on foreign homebuyers

10/25/2016 | Posted in Ontario Real Estate by Michael Antczak

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Ontario Premier Kathleen Wynne said on Monday that the province will not follow British Columbia’s move to introduce a tax on foreign homebuyers.

... More


Three quarters of GTA residents support foreign buyer tax

10/13/2016 | Posted in GTA News by Michael Antczak

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There is overwhelming support among residents of the Greater Toronto Area for a tax on foreign buyers, according to a poll by Angus Reid.

... More


Another reason foreign tax is not the answer in GTA

10/11/2016 | Posted in GTA Real Estate by Michael Antczak

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While the debate continues on whether Ontario should follow BC with a tax on foreign ownership of homes in the GTA, a report highlights another issue which is driving up home ... More


Foreign investors to switch focus: RE/MAX

10/4/2016 | Posted in Real Estate Investments by Michael Antczak

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Foreign investors, deterred from Vancouver’s residential property market by the 15 per cent tax, are likely to increasingly focus on commercial real estate.

... More


Canada tightens mortgage, tax rules to cool housing market

10/3/2016 | Posted in Real Estate Market by Michael Antczak

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Canada will close a tax loophole and introduce a stress test to insured mortgage lending in an effort to boost the stability of the housing sector, the government said on ... More


Trudeau government to close foreign-buyers loophole

10/3/2016 | Posted in Real Estate Market by Michael Antczak

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Finance Minister Bill Morneau will unveil Monday new measures aimed at slowing the flood of foreign money pouring into overheated housing markets like Vancouver and Toronto, a ... More


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